December 13, 2025
February 9, 2026
December 13, 2025
Drewry: World Container Index Up 2% Last Week
LONDON: Drewry’s World Container Index increased 2% to $1,957 per 40ft container this week. Drewry’s detailed assessment for Thursday, 11 Dec 2025 Ocean spot market freight rates against 6,700 global port pairs If you
December 13, 2025
Baltic Index falls to near One-Month Low on Weaker Rates
LONDON: The Baltic Exchange’s Dry Bulk Sea Freight index, which tracks rates for vessels transporting dry bulk commodities, fell to a near one-month low on Friday, and logged a weekly decline, as vessel rates
December 12, 2025
World Shipping Council flies the flag for ocean shipping at UN launch of Decade of Sustainable Transport
WASHINGTON D.C.: The World Shipping Council (WSC) joined political leaders and transport industry representatives at the United Nations launch of the Decade of Sustainable Transport, highlighting the essential role of ocean shipping in cutting
December 11, 2025
DP World unifies Marine Services Brands under one Global Identity
DUBAI: DP World on Tuesday announced the unification of its Marine Services brands, Unifeeder, P&O Ferrymasters and P&O Maritime Logistics, under a single DP World brand, strengthening its position as a fully integrated global
December 11, 2025
COSCO announces Historic $7 Billion Order: 87 New Vessels to Drive Fleet Restructuring Strategy
SHANGHAI: In an industry accustomed to mega-deals, China’s COSCO Shipping Group has signed newbuilding order for 87 vessels, covering the entire spectrum of its current fleet operations. China State Shipbuilding Corporation (CSSC) reported the
December 11, 2025
ABB’s new DP2 functionality delivers major improvement in vessel control during DEME sea trials
FORNRBU: ABB has verified a major advancement in vessel Dynamic Positioning (DP) technology, following successful Failure Mode and Effects Analysis (FMEA) proving trials and sea trials on board the new wind turbine installation vessel
December 10, 2025
Fitch Ratings: Global Shipping Outlook Is Deteriorating in 2026
LONDON: Fitch Ratings has maintained its deteriorating outlook for the global shipping sector, reflecting geopolitical and policy risks, according to an Outlook report released today. The sector will also be affected by the lower
December 10, 2025
Lloyd’s Register and Latsco chart a new digital course for ship classification
This breakthrough marks a decisive step forward in the digitalisation of ship classification and compliance. LONDON: Lloyd’s Register (LR) and Latsco have successfully completed a proof-of-concept for a new standard in digital class assurance with data-driven surveys. This collaboration aims to demonstrate how verified operational
December 9, 2025
