Wind Propulsion Gains Regulatory Momentum at IMO
The International Maritime Organization is moving to bring wind-assisted propulsion fully into the regulatory mainstream, approving a formal workplan that targets 2029... Continue Reading
Container Rates Slide for Fourth Week as Pre-Lunar New Year Surge Fizzles
Global container shipping rates fell for a fourth straight week, sliding 7% to $1,959 per 40-foot container as carriers face unexpectedly soft... Continue Reading
MSC Chief Doubles Down on Arctic Shipping Ban as Chinese Operators Chart Record Growth
MSC Mediterranean Shipping Company CEO Soren Toft has reaffirmed the world’s largest container carrier’s refusal to use the Northern Sea Route, even... Continue Reading
Dual-Fuel Fleet Surges to 400 Ships as Alternative-Fuel Investment Defies Market Slowdown
Investment in alternative-fueled shipping continues to climb despite broader market headwinds, with the global dual-fuel fleet reaching 400 container ships... Continue Reading
U.S., Europe Fall Behind in the Race to Control the Arctic
The Arctic has become a central strategic region as melting ice—occurring at nearly four times the global average rate—opens new shipping... Continue Reading