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October 25, 2025

Post-mortem on IMO’s Net Zero Framework discussions: UCL readout

International Shipping, Global Trade, Maritime, Shipping, Shipping Line, Trending News
LONDON: Two weeks of negotiations at the IMO give two confusingly different signals, as well as plenty of information on detail to digest, according to UCL (University College London) in their informative readout. In
October 25, 2025

NGOs Welcome IMO Progress for Cutting Shipping’s Climate Impact Despite Net-Zero Framework Delay

International Shipping, Global Trade, Maritime, Shipping Line, Trending News
LONDON: As a meeting of the International Maritime Organization’s Intersessional Working Group on Reduction of Greenhouse Gas (GHG) Emissions from Ships (ISWG-GHG 20) closes in London, the Clean Shipping Coalition (CSC) applauds IMO Member States for
October 25, 2025

Drewry: World Container Index up 3% last 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 3% to $1,746 per 40ft container this week. Drewry’s detailed assessment for
October 25, 2025

Baltic Index headed for Weekly Loss on declining Capesize Rates

International Shipping, Dry Bulk Shipping, Shipping Line, Trade, Trending News
LONDON: The Baltic Exchange’s Dry Bulk Sea Freight index, which monitors rates for vessels moving dry bulk commodities, extended losses on Friday and was headed for a weekly loss, pressured by declining capesize vessel
October 24, 2025

World’s first: Circular Route at Europort shows how smart use of raw materials is futureproofing the maritime sector

International Shipping, Global Trade, Maritime, Shipping Line, Technology, Trending News
ROTTERDAM: During Europort 2025 from 4 to 7 November, Rotterdam Ahoy will be the stage for the world’s first Circular Route: an innovative tour of frontrunners who demonstrate that smarter use of raw materials is
October 23, 2025

CMA CGM returns to resume Russian service after a three-year absence

International Shipping, Shipping Line, Trending News
MARSEILLE : CMA CGM will next month resume regular services to Russia for the first time since March 2022. It will add a new call at the Baltic Sea port of St Petersburg as
October 23, 2025

HMM orders $2.8 billion fleet of LNG-fueled containerships and VLCCs

International Shipping, Maritime, Shipping Line, Trending News
SEOUL : South Korean Shipping Line HMM has placed a KRW 4 trillion (US $2.814 billion) newbuilding order for vessels that will significantly expand its fleet portfolio. The order includes a dozen 13,000 TEU
October 23, 2025

Gemini Cooperation to divert two US-flagged vessels from China

International Shipping, Shipping Line, Trending News
COPENHAGEN : Two container ships operated by Maersk and Hapag-Lloyd as part of the Gemini Cooperation on a transpacific service will no longer call Ningbo as Chinese port fees for US-flagged ships come into
October 23, 2025

Israel-Hamas ceasefire will not bring global freight fleet back to Red Sea quickly

International Shipping, Maritime, Shipping Line, Trade, Trending News
COPENHAGEN: Maritime experts and shipping industry insiders are not expecting a return of ocean carriers to the Red Sea anytime soon, despite the Israel-Hamas ceasefire deal. “This is all still very early days,” said
October 23, 2025

BIMCO to develop standard clause addressing Chinese port fees

International Shipping, Foreign Ports, Maritime, Shipping Line, Trade, Trending News
LONDON: BIMCO has initiated the development of a clause specifically addressing the new fees introduced on 14 October 2025 for US-related ships calling at ports in China. The Chinese Ministry of Transport announced on
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