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November 6, 2025

ABB Azipod® propulsion to power new Canadian icebreaker, ‘Polar Max’

International Shipping, Maritime, Ship Building, Shipping Line, Technology, Trending News
HELSINKI: ABB has secured a contract with Helsinki Shipyard to supply a complete electric power and propulsion solution for the Polar Max icebreaker, which is expected to be delivered to the Canadian Coast Guard
November 4, 2025

MSC agrees to reflag 12 container ships in India in diversification push

International Shipping, Logistics, Maritime, Shipping Line, Trending News
MUMBAI : Mediterranean Shipping Co. has become the latest major ocean carrier to invest beyond port-to-port shipping and inland logistics operations in India. The world’s largest liner operator has confirmed a program to reflag
November 3, 2025

COSCO Shipping announces $1.75 billion fleet expansion plan

International Shipping, Maritime, Ship Building, Shipping Line, Trending News
SHANGHAI : COSCO Shipping has announced a substantial $1.75 billion newbuilding initiative, aimed at enhancing and modernizing its fleet with the addition of 29 new vessels. This ambitious program includes 23 kamsarmax bulk carriers
November 1, 2025

Samudera Shipping Line reports higher y-o-y container shipping volumes of 503,000 TEU for 3QFY2025

Container, Shipping Line, Trade, Trending News
SINGAPORE: Samudera Shipping Line has released its 3QFY2025 ended Sept 30 business update, which saw container shipping volumes rise to 503,000 twenty-foot equivalent unit (TEU), up from the 486,000 TEU previously. However, average freight
November 1, 2025

Yang Ming completes orders for Six Methanol Dual-Fuel-Ready Containerships

International Shipping, Ship Building, Shipping, Shipping Line, Trade, Trending News
KEELUNG CITY: Yang Ming Marine Transport Corporation (“Yang Ming”) signed contracts for six 8,000 TEU-class methanol dual-fuel-ready containerships with Nihon Shipyard Co., Ltd. (“Nihon Shipyard”), Imabari Shipbuilding Co., Ltd. (“Imabari Shipbuilding”), and Shoei Kisen
November 1, 2025

Baltic Index records first monthly drop since April

International Shipping, Shipping Line, Trade, Trending News
LONDON: The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, edged lower on Friday and recorded its weakest monthly performance since April. The main index, which tracks
November 1, 2025

Drewry: World Container Index up 4% last week

International Shipping, Container, Shipping Line, Trade, Trending News
LONDON: Drewry’s World Container Index increased 4% to $1,822 per 40ft container last week. Drewry’s detailed assessment for Thursday, 30 Oct 2025 Ocean spot market freight rates against 6,700 global port pairs If you
October 31, 2025

JNPA signs three landmark MoUs worth ₹53,000 Crore for Vadhvan Port Development at India Maritime Week 2025

Logistics, Maritime, Ports, Shipping Line, Trade, Trending News
MUMBAI: In a major push towards India’s port infrastructure expansion, Jawaharlal Nehru Port Authority (JNPA) , the country’s largest container port, signed three significant Memorandums of Understanding (MoUs) on the second day of India
October 31, 2025

CMA CGM receives Green Ship Award at the Singapore Registry of Ships Forum 2025

International Shipping, Global Trade, Green Shipping, Maritime, Ports, Shipping Line, Trending News
SINGAPORE : CMA CGM has received the Green Ship Award at the Singapore Registry of Ships Forum 2025, marking concrete progress in reducing the environmental impact of shipping. The CMA CGM SEINE and the
October 31, 2025

Global Trade: The Pathway to Economic Prosperity

Logistics, Customs, Economy, Export - Import, Global Trade, NVOCC, Shipping Line, Transport, Trending News
By Bryn Heimbeck, President and Co-Founder of Trade Tech Warren Buffett recently affirmed a principle at the heart of global progress: “balanced trade is good for the world,” noting, “the more prosperous the rest of the world becomes, …
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