Hormuz Oct crossings at 3-month high despite attacks, Red Sea traffic also rises
U.S. Coast Guard Detains MSC Cruise Ship in Miami
The U.S. Coast Guard has detained the cruise ship MSC Poesia at PortMiami, forcing MSC Cruises to cancel an 11-night Caribbean voyage after …
Tanker S&P: A Tale of Two Marketsccording to Signal Ocean data, global seaborne refined product
Ship owners are diverging when it comes to their demand for second tanker ships. In its latest weekly report, shipbroker Xclusiv said that "…
Alternative fuels need infrastructure: Why gas bunker vessels matter
As shipping's fuel landscape becomes more diverse, attention is increasingly turning to the infrastructure needed to supply alternative fuel…
Panamax vessels lose out in Q3 as shifting grain trade boosts smaller bulk carriers
Panamax bulk carriers have emerged as the principal losers from changing global grain trade patterns, while smaller Supramax and Handysize v…
Baltic Dry Index at Over 2-Week Low
The Baltic Exchange's dry bulk freight index, which tracks rates for ships carrying dry bulk commodities, eased for the second straight sess…
Swire Shipping raises emergency bunker surcharge
Swire Shipping will increase its Emergency Bunker Surcharge (EBS) across several international and Pacific trades. The revised rates will ap…
Maritime clusters urged to turn global cooperation into measurable action
Maritime clusters must turn international cooperation into practical projects that unlock investment, support innovation and strengthen the …
Chinese Penetrate South Korea's LNG Carrier Market
Chinese shipbuilders secured approximately 40% of all newly ordered large liquefied natural gas (LNG) carriers worldwide during the first to…