India approves major container manufacturing support scheme
What the shrinking US port budget says about the contest with China
The latest MARAD round is the smallest in five years. The bigger problem is that America funds its maritime revival one grant at a time, whi…
Wallenius Wilhelmsen orders four LNG dual-fuel PCTCs
Wallenius Wilhelmsen has ordered four LNG dual-fuel Pure Car and Truck Carriers from China's Jinling Shipyard and secured options for eight …
Container newbuildings deployed to Asia-Latin America trades as volumes surge on route
Recent vessel deliveries reflect shipper shift toward Far East-Latin America services amid growing cargo demand.
Norway Detains Sanctioned Chinese Heavy-Lift Ship Linked To Russia's Arctic LNG 2 Project
The vessel was inspected on October 13 after seeking shelter from bad weather in Andfjorden, off Norway's Vesterålen Islands.
Ship Ablaze Off Oman As Iran Increases Ship Attacks, UKMTO Reports
A commercial vessel was spotted on fire in the Strait of Hormuz on Thursday, the British maritime surveillance agency UKMTO reported.
Baltic Dry Index climbs to 2714 up 2 points
Today, Friday, October 30 2026, the Baltic Dry Index climbed 2 points, 2714 points. Baltic Dry Index is compiled by the London-based Baltic …
Maersk introduces reefer surcharge for shipments to Tema
Maersk will introduce a Peak Season Surcharge (PSS) for refrigerated cargo moving from the Far East, Middle East and Americas to Tema, Ghana…