News
Container Spot Rates Extend Decline Across Main East-West Trades
By Gavin van Marle (The Loadstar) – Due to China’s Golden Week holiday, underway since Wednesday, there was no Shanghai Containerised Fre...
Maersk Launches Massive Retrofit Program to Cut Emissions from Chartered Fleet
Maersk has embarked on an ambitious program to retrofit approximately 200 vessels in its time-chartered fleet, collaborating with 50 diff...
U.S. LNG Exports Hit Record for Second Straight Month
HOUSTON, Oct 1 (Reuters) – U.S. LNG exports hit a record in September at 9.4 million metric tons, beating their previous record of 9.3 mi...
Russian Oil Flows Show Buyers Shunning Trump’s Push to End Trade
By Julian Lee (Bloomberg) — Russia’s seaborne crude exports stuck at a 16-month high in the past four weeks, with US President Donald Tru...
Dutch Cargo Ship ‘Minervagracht’ Attacked in Gulf of Aden, Vessel Adrift and On Fire
A Netherlands-flagged general cargo ship MV Minervagracht came under attack approximately 128 nautical miles southeast of Yemen’s port ci...
China’s September LNG Imports Seen Declining for Eleventh Month
Sep 28, 2025 (Bloomberg) –China’s imports of liquefied natural gas in September are poised to drop more than a fifth from a year ago, ext...
World Maritime Day 2025: Global Shipping Industry Confronts Ocean Protection Amid Trade Slowdown
The maritime world marks World Maritime Day today, September 25, 2025, with the theme “Our Ocean, Our Obligation, Our Opportunity” — a ca...
Runaway Ship: Chief Engineer Pleads Guilty After Charleston Bridge Scare
A chief engineer has pleaded guilty to failing to report a hazardous condition aboard a vessel in Charleston, South Carolina, and subsequ...
ONE Innovation Sets New Container Loading Record in Singapore
Ocean Network Express (ONE) has achieved a new milestone in container shipping as its vessel ONE Innovation set a new world record by loa...