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News: International Shipping

Xeneta : Weekly Ocean Container Shipping Market Update

April 1, 2025

OSLO : Average spot rates from Far East to US East Coast and US West Coast remain flat since 15 March after falling 47%...

Panama purges and deregisters 107 ships from its fleet due to sanctions

April 1, 2025

PANAMA CITY : The Panama Maritime Authority (PMA) has officially deregistered 107 Panamanian-flagged vessels listed under international sanctions, with an additional 18 currently undergoing...

World’s First Commercial-Use Ammonia-Fueled Tugboat Completes Three-Month Demonstration Voyage

April 1, 2025

TOKYO : The world’s first commercial-use ammonia-fueled vessel, Sakigake, has successfully completed a three-month demonstration voyage, during which the vessel engaged in tugboat operations...