Global Trade Passes the 35 trillion dollar mark, with most of the value still moving by sea
Global trade in goods and services is on track to exceed 35 trillion dollars in 2025, around 7 percent higher than 2024…
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Maritime News
The latest shipping, industry and maritime market developments.
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Ammonia Gets Bigger Tanks: China’s Gas Owners Line Up VLAC-Scale Bets
Chinese gas owner Tianjin Southwest Maritime is moving deeper into ammonia transportation with ammonia dual-fuel LPG carriers on order and a new…
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Canada’s Pacific LNG Era Locks In With Kitimat Phase One Complete
LNG Canada’s first phase at Kitimat has now reached full construction handover, with both liquefaction trains delivered and the plant already exporting…
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China One Trillion Dollar Trade Surplus Reshapes Global Container Flows
China’s trade surplus hitting the one trillion dollar mark in 2025 is not just a macro headline. It reflects a shift in…
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COSCO’s $7bn, 87-ship Megaprogram Rewires Future Capacity across Tankers, Bulk and Boxes
China COSCO Shipping has signed a framework with China State Shipbuilding Corp (CSSC) for 87 new vessels worth more than RMB 50…
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Red Sea Lane Back In Play as CMA CGM Tests Suez Return
After almost a year of widespread container diversions around the Cape of Good Hope, CMA CGM is starting to route its INDAMEX…
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FSB Security Checks and Hull Dives Slow Foreign calls at Russian Ports
Russia has tightened control of foreign ships calling at its ports, with new rules that require Federal Security Service (FSB) clearance for…
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HD Hyundai’s $2bn India Mega-Yard Aims to Reset Global Newbuild Map
HD Hyundai is reported to be preparing a multibillion-dollar greenfield shipyard project in southern India, with planned investment around $2bn. For owners…
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Liner Heavyweights Circle ZIM as Takeover Battle Heats Up
Reports that Hapag-Lloyd has submitted a bid for ZIM, with MSC and Maersk also linked to possible offers, have pushed the Israeli…
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Exchange Of Fire Off Yemen Puts Bab el Mandeb Back In The Spotlight
A bulk carrier transiting close to the Bab el Mandeb has reported an exchange of fire with around fifteen small boats about…
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Bulker Newbuild Tap Runs dry as orders sink to five-year low
Global contracting for new dry bulk carriers has dropped sharply in 2025, with just about 25 million dwt of bulker newbuildings ordered…
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China Container Volumes Reset the Bar as Shanghai and Ningbo-Zhoushan pass 90M TEU
Despite trade tensions and policy noise, China’s box volumes are still climbing. Shanghai has crossed the 50 million TEU mark for 2025…
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Capesize Earnings Break $45,000 As Year-End Tightness Bites
Capesize earnings have surged to their strongest levels in roughly two years, with the Baltic C5TC benchmark jumping around 16% in a…
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Zodiac Maritime lines up $1.6bn VLCC and Boxship Wave at Jiangsu New Hantong
Eyal Ofer’s Zodiac Maritime has committed to a multi segment newbuilding program of about $1.6 billion at China’s Jiangsu New Hantong Ship…
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Pirates: LPG Crew Kidnapping off Equatorial Guinea revives Gulf of Guinea Piracy Risk
A Portugal-flagged LPG carrier, CGas Saturn, was boarded by armed pirates about 50 nautical miles west of Mbini, Equatorial Guinea, while sailing…
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Black Sea Risk Escalates As Kremlin Floats Retaliation On Allied Shipping
Recent statements from Moscow have pushed Black Sea risk up a notch. The Kremlin has condemned a surge of attacks on Russian…
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Wind Sails to be Deployed on Supertankers in 2028: Idemitsu Bets On Norsepower VLCC Pair
Idemitsu Tanker has ordered two methanol ready VLCC newbuilds in Japan that will each carry a pair of Norsepower rotor sails from…
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South Africa’s cartel case shakes Asia–Africa box trades as Eight Liner Giants Face GRI probe
South Africa’s Competition Commission has sent a decade-long price-fixing case to the Competition Tribunal that targets the local units of eight major…
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Ship Finance Shifts as Leasing Multilaterals and Blue Bonds Rebalance Capital
Recent announcements from Chinese leasing houses, Indian policymakers, multilateral banks and bond markets all point in the same direction, capital is still…
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Ship Recycling Facing Weak Prices and Tough Rules
Ship recyclers are ending 2025 in a strange mix of tight supply and weak pricing. Subcontinent yards in India, Pakistan and Bangladesh…
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