Trans-Pacific freight rates hit $9,500
Asia-US container rates surge to $9,500 per unit as Middle East conflict and typhoon disruptions tighten capacity
Shipping
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All vessels transiting through EU waters will be required to prove they are insured
The European Commission has proposed an amendment to Annex I of the Directive on maritime traffic monitoring (2002/59/EC), which would require all vessels —…
Shipping
Stricter air and water pollution limits for shipping in the Mediterranean Sea
Sulphur oxide emissions in the EU have decreased by approximately 70% since 2014, primarily due to the establishment of an Emission Control Area in…
Shipping
Smart Shipping: Maersk upgrades IoT connectivity across its fleet
Maersk has begun the roll-out of its new digital connectivity platform OneWireless aboard 450 vessels paving the way for smarter cargo tracking solutions in…
Shipping
US-China tariff war endangers LNG shipping
The ongoing tariff wars and retaliations have created havoc globally, with the LNG market expecting changes in trade patterns. While the US-China trade war…
Shipping
LPG shipping is embroiled in the tariff war
The recent escalation in the US-China tariff war will have a deep impact on LPG shipping as the US-China LPG trade accounts for 14%…
Shipping
World Shipping Council urges constructive solutions following USTR port fee announcement
The World Shipping Council (WSC) today voiced serious concerns regarding the port fee regime announced by the U.S. Trade Representative (USTR), cautioning that the…
Ports
Panama establishes zero-tolerance policy against the misuse of its flag
The Panama Maritime Authority (PMA) is implementing necessary measures to refine its merchant fleet. These actions reflect the nation’s commitment to safeguarding its reputation,…
Shipping
LNG-fueled car carrier “TRITON HIGHWAY” with a 7,000-vehicle capacity delivered to “K” LINE
A car carrier with a capacity of 7,000 vehicles has been delivered to Kawasaki Kisen Kaisha, Ltd. (“K” LINE) on April 10. The vessel…
Ports
Panama purges and deregisters 107 ships from its fleet due to sanctions
The Panama Maritime Authority (PMA) has officially deregistered 107 Panamanian-flagged vessels listed under international sanctions, with an additional 18 currently undergoing the deregistration process.…
Shipping
United States launches ambitious plan to regain maritime leadership
President Trump has stated that decades of government neglect have weakened the United States’ maritime capacity, allowing China to take the lead
