“Due to low contracting volumes in 2022, the crude tanker order book/fleet ratio bottomed out at 2.8% in March 2023. It has climbed steadily since and has now hit a nine-year high of 14.1%. The order book may kickstart the renewal of a fleet that has grown older on average since 2018…
The recent rejection of around 2,900 dairy cattle on the Spiridon II raises animal welfare and pollution concerns when, after a long sea voyage, the laden vessel has again had to return to sea.The 52-year-old livestock carrier has left Turkey after its cargo was rejected by local authorities…
The Port of Savannah handled 4.8 million twenty-foot equivalent container units in calendar year 2025 through October, up 183,250 TEUs or 4 percent. Monthly volumes in October totaled 452,934 TEUs, a decrease of 8.4 percent or 41,325 TEUs compared to October 2024…
CMA CGM closed the third quarter of 2025 with a mixed scorecard that underlines how volatile geopolitics continue to reshape global liner networks. Group results fell year-on-year, but the core shipping arm lifted liftings and stabilized sequentially…
Mitsubishi Shipbuilding delivered the large car ferry KEYAKI, built for Shin Nihonkai Ferry Co., Ltd. and Japan Railway Construction, Transport and Technology Agency (JRTT), at the Enoura Plant of MHI's Shimonoseki Shipyard & Machinery Works in Yamaguchi Prefecture on the November 11…
Ellerman City Liners, part of GB Global, has acquired Viasea Shipping from Norway’s ColliCare Holding AS, a move that strengthens Ellerman’s position in the European shortsea shipping market and deepens its commitment to sustainable logistics solutions…
“Iron ore shipments to China have risen 7% y/y since the end of June, following a stable period during the first half of the year. However, Chinese steel production has remained weak, leading to a build-up of portside inventories which reached an eight-month high in week 45…
BioNatur Plastics' anaerobic biodegradable and 100% recyclable stretch wrap is now available to U.S. manufacturers and cargo operators at a similar price to conventional plastic films.Chris Paladino, President and Chief Executive Officer, BioNatur Plastics…
Victoria International Container Terminal (VICT), Australia’s fully automated container terminal operated by International Container Terminal Services, Inc. (ICTSI), recently enhanced maritime connection to Asian markets through a revamped Koala service…
The Australian Border Force (ABF) and Australian Federal Police (AFP) have seized almost 65kg of cocaine potentially worth more than A$21 million ($14 million) from a shipping container in Brisbane.The consignment came from Panama and was declared as 20 packages containing 2380 wooden slats…
Houthi militia have reportedly ceased attacks on Israel and shipping in the Red Sea, and the impact could be seismic for global ocean container shipping, warns Chief Analyst Peter Sand at Xeneta. However, an immediate largescale return to the region will require a series of further assurances…
SFL posts Q3 2025 revenue of $178 million and net income of $8.6 million; declares 87th consecutive quarterly dividend of $0.20 per share.Contracted charter backlog reaches $4 billion with a weighted average term of 6.5 years, two-thirds backed by investment-grade clients…
Descartes Systems Group has released its November Global Shipping Report highlighting that U.S. container imports were essentially flat in October as year-to-date volumes continue to decrease.The 2,306,687 TEU of imports was down a slight 0…
Brazil has received its first approvals to export sorghum and dried distillers grains (DDG) to China, the Brazilian Agriculture Ministry said on Monday.China gave the green light for 10 Brazilian plants to export sorghum, while five were cleared to ship corn-based DDG and DDG with solubles (DDGS)…
LNG Canada has started production of liquefied natural gas at the second of its two processing units, known as Train 2, the company said.Both trains at the Shell-led project in Kitimat, British Columbia - each with a capacity of 6.5 million metric tons per annum - are now operational…
