Container Shipping Rates Hold Steady as Transpacific and Asia-Europe Routes Diverge
The Drewry World Container Index remained unchanged this week at $1,852 per 40-foot container, as declining rates on Transpacific routes... Continue Reading
Russia’s LNG ‘Shadow Fleet’ Stalls as Winter Nears, Vessels Idle or Turn Back
After a flurry of activity over the past three months Russia’s LNG ‘dark fleet’ is struggling to keep the momentum... Continue Reading
DP World Commits $5 Billion to India’s Maritime Infrastructure
DP World announced a $5 billion investment pledge for India’s infrastructure development at India Maritime Week 2025, building on three... Continue Reading
Container Shipping’s October Spot Rate Spike Unlikely to Derail Shippers’ 2026 Contract Leverage
Average spot rates on major front-haul trades from the Far East increased sharply in October, but shippers preparing for 2026... Continue Reading
Trump Shaves China Tariffs in Trade Truce With Xi
U.S. President Donald Trump said on Thursday he had agreed with President Xi Jinping to trim tariffs on China in exchange for Beijing cracking down... Continue Reading
Sealegend Announces 16 China Arctic Express Voyages for 2026 Following Success of ‘Istanbul Bridge’ Transit
Container shipping via the Arctic is set for a massive boost in 2026. After completing the first-ever Arctic Express voyage... Continue Reading
Hurricane Melissa Poised for Catastrophic Jamaica Landfall with 185 MPH Winds
Hurricane Melissa intensified into an extremely dangerous Category 5 storm on Tuesday morning as it closed in on Jamaica, with... Continue Reading
Transpacific Green Shipping Corridor Hits Phase One Targets
The Los Angeles-Long Beach-Shanghai Green Shipping Corridor announced the successful completion of its phase one milestones, with shore power infrastructure now reaching... Continue Reading
DNV Launches First E-Methanol Procurement Platform for EU and UK
DNV has launched the first public tender portal for e-methanol procurement across the European Union and United Kingdom, connecting industrial... Continue Reading
U.S. Container Imports Set to Fall Below 2 Million TEU as Tariff Effects Intensify
Monthly import cargo volume at major U.S. container ports is projected to drop below the 2 million TEU threshold for... Continue Reading