'We estimate that the dry bulk supply/demand balance will strengthen slightly in 2025 and gradually weaken in 2026 and 2027. Cargo demand growth is slowing, as coal shipments decline and iron ore shipments stagnate,” says Filipe Gouveia, Shipping Analysis Manager at BIMCO…
Shipping group Maersk reported better-than-expected third-quarter results on Thursday but warned falling freight rates were set to cause losses in its ocean container business during the fourth quarter, sending its shares lower.Maersk, considered a barometer of global trade…
CMA CGM will register 10 container vessels to be delivered in the next three years under the French flag, adding more seafarers from its home country after facing calls to contribute more to France's debt-stricken economy.CMA CGM, the world's third-largest container shipping line…
American Cruise Lines has announced 10 new ships for the U.S. market beginning with American Pioneer debuting in Florida on October 31st. American Pioneer is the 2nd new Patriot Class ship the company has launched this year. All American’s new boats will continue to sail domestically…
Pakistan has struck a deal to cancel 21 liquefied natural gas cargoes under its long-term contract with Italy's Eni as part of a plan to curb excess imports that have flooded its gas network, according to an official document and two sources…
U.S. ocean shipping company Matson MATX.N has paid $6.4 million in port fees to China since they were implemented on October 14, CEO Matt Cox said on Tuesday.President Donald Trump and President Xi Jinping last week agreed to put those tit-for-tat levies on pause for 12 months…
The U.S. has become the first country to export 10 million metric tonnes (mmt) of liquefied natural gas in a single month, according to preliminary data from financial firm LSEG.The U.S. exported a record 10.1 mmt of the liquid fuel in October…
Interferry, the global association representing the ferry industry, announced the appointment of six new members to its Board of Directors. These new director appointments, approved at the Annual General Meeting (AGM) in Sorrento on October 6…
Small importers for large U.S. retailers rushed in China-made strollers and wares meant for spring and are storing the goods in their own warehouses to avoid the big tariff bills that had been threatened over the next month.Before Sino-American…
Poland's Naftoport will build a new jetty to accommodate supertankers at its Gdansk oil terminal, its majority owner said, aiming to ease pressure on infrastructure and enable German customers to fully switch to seaborne oil supplies.To safeguard…
The Panama Canal launched a consultation process with representatives of the maritime industry to identify potential partners interested in developing port terminals on both the Atlantic and Pacific sides of the waterway.Following a process…
Port Milwaukee has closed another successful cruising season, welcoming more than 11,000 passengers to the City of Milwaukee throughout the 2025 season. With the conclusion of the 2025 season, the stage is now set for the 2026 season, where…
PortMiami has announced the arrival of 10 new cruise ships, including five new build vessels, to the Cruise Capital of the World for the 2025-2026 cruise season. Starting in October 2025, a new roster of ships will set sail from PortMiami, including…
SC Ports ended the first quarter of fiscal year 2026 with steady container volumes and strong year-over-year growth for both inland ports and vehicle volumes. The Port of Charleston handled 212,363 TEUs in September, a slight dip below planned…
Poland will seek binding offers for capacity that would be available in the expanded floating liquefied natural gas terminal near Gdansk following ample interest from shippers, the country's gas pipeline operator Gaz-System said on Monday.Gaz…
