March 23, 2026
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May 30, 2025

Technical failure in ballast management system led to failure of sunk ship: Shipping regulator

International Shipping, Coastal Shipping, Maritime, Trending News
KOCHI : Dismissing the sabotage theory behind the capsize of container vessel MSC Elsa 3, the Director General (DG) of Shipping Shyam Jagannathan on Wednesday said the ship sank due to the failure of
May 30, 2025

Nine Ports to be connected to Saudi Ports by adding Evergreen’s Shipping Service “ARPG”

International Shipping, Foreign Ports, Shipping Line, Trade, Trending News
RIYADH : The Saudi Ports Authority “Mawani” has announced the addition of Evergreen’s new shipping service “ARPG” to King Abdulaziz Port in Dammam, further strengthening maritime connectivity between the Kingdom and international markets. The
May 30, 2025

CULines & UGL launch AEM+ Service, strengthening direct connectivity between Asia and Egypt’s Mediterranean Region

International Shipping, Shipping Line, Trending News
SHANGHAI : CULines and UGL have officially commenced operations in the Mediterranean by launching the new Asia–East Mediterranean Plus (AEM+) Service—a strategic container route linking China’s major ports directly to Alexandria. Represented by SeaGlory
May 30, 2025

Ocean Network Express advances Green Strategy with Ship Recycling Policy and Membership in SRTI

International Shipping, Maritime, Policy, Ship Recycling, Shipping Line, Trending News
SINGAPORE : Ocean Network Express (“ONE”) has advanced its Green Strategy by implementing a Ship Recycling Policy and joining the Ship Recycling Transparency Initiative (SRTI), reinforcing its commitment to responsible practices and environmental stewardship. Both
May 30, 2025

Mexico prepares for green shipping future as work begins on National Action Plan

International Shipping, Foreign Ports, Maritime, Shipping, Trending News
The development of Mexico’s National Action Plan (NAP) for maritime decarbonization is officially underway, setting the course for a greener and more resilient shipping future. Spearheaded by the Mexican Secretariat of the Navy (SEMAR),
May 30, 2025

IMO’s Net Zero Framework sends a clear signal to shipowners to order ammonia dual fuel ships, but remaining uncertainties undermine early investment in e-fuels

International Shipping, Fuel, Maritime, Shipping, Shipping Line, Trending News
LONDON : A new study released on Thursday, May 29 by UMAS and UCL Energy Institute Shipping and Oceans Research Group, and undertaken for Global Maritime Forum, shows that under the parameters principally agreed
May 30, 2025

NorthStandard stays on course despite unsettling year for global P&I

International Shipping, Marine Insurance, Maritime, Shipping Line, Trending News
NEWCASTLE : NorthStandard’s 2025 Annual Review reports a steady performance, highlighting the benefits of scale and diversification in an unsettling P&I year. The global marine insurer said escalating geopolitical instability and serious maritime incidents
May 30, 2025

Drewry’s World Container Index increased 10% to $2,508 per 40ft container this week

Container, International Shipping, Shipping Line, Trade, Trending News
LONDON : For many years, World Container Index has been the go-to, independent, global reference for index-linked contracts. Drewry’s World Container Index increased 10% to $2,508 per 40ft container this week.  Drewry’s detailed assessment
May 29, 2025

Container lines profits and margins drop sharply in Q1

International Shipping, Maritime, Shipping Line, Trending News
TORONTO : John McCown’s Blue Alpha Capital said that the container shipping industry reported a $9.9 billion net profit in the first quarter of 2025. This represents a 36.4% or $5.7 billion decrease over
May 29, 2025

MOL seeks support from Japanese Govt over EU sanctions

International Shipping, Global Trade, Shipping Line, Trending News
TOKYO : Japanese shipping company Mitsui OSK Lines Ltd. has approached the Japanese government for assistance after the European Union unexpectedly imposed sanctions on three of its liquefied natural gas (LNG) tankers connected to
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