HAMBURG: On Wednesday, the Zero Emission Maritime Buyers Alliance (ZEMBA) announced that Hapag-Lloyd is a winner of its second tender for ocean shipping using hydrogen-derived e-methanol. Through this agreement, ZEMBA members
SINGAPORE: DNV has awarded an Approval in Principle (AiP) to the joint consortium of MSC, Zhoushan Changhong International, and CIMC ORIC for a new 21,700 TEU ammonia-dual fueled
The global container ship orderbook is the largest on record, with more than a thousand newbuildings and over 10 Mteu on order, equal to 31.1% of the global
OSLO: Average spot rates on four main fronthauls out of the Far East have all increased from last week. This uptick follows the previous week when rates were
NEW YORK: The third quarter of 2025 marked a dramatic reversal for the European container freight market, with spot rates sliding steadily to their lowest levels since late
OSLO: The average spot rates of all trades slightly declined from last week. Ranging from -6.6% to -4.6%. This follows from last week, when there were sharper drops
COPENHAGEN: “On the strength of demand in trade lanes not bound for the US, we have increased our ship demand growth forecast for 2025 to 4.5-5.5% while maintaining
TOKYO: ClassNK has released new guidelines for those involved in container shipping, aiming to enhance the efficiency of container stowage while ensuring safety measures such as preventing cargo
OSLO: The average spot rates from Far East have increased in the past week into both the US East Coast and US West Coast, up 4.3% and 4.3%
LONDON: Official stats show that exports from China to the USA fell by a third in August, Chinese and American negotiators had their fourth round of talks last