News
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Evergreen Expands Fleet with $1.47 Billion Order for New Container Ships
Taiwanese shipping giant Evergreen Marine has announced a significant expansion of its fleet, placing orders for 23 new container ships…
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MSC Expands Fleet with Mid-Sized Containership Order
Mediterranean Shipping Company (MSC) is making a strategic move back into the mid-sized containership market by placing a new order…
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Shipping Market Faces Turbulence in January
The shipping industry has experienced a challenging start to 2026, with significant fluctuations in freight rates and market activity. Early…
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K Line Partners with Gail and J M Baxi for LNG Carrier Ownership
Japan’s Kawasaki Kisen Kaisha (K Line) has announced a significant partnership with Gail, India’s largest state-owned natural gas company, and…
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Azerbaijan Shipping Company Repairs 26 Vessels
In a significant operational update, the Azerbaijan Caspian Shipping Company (ASCO) announced that its Zığ Ship Repair and Construction Plant…
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World’s Largest Battery-Electric Ship Sets Sail on River Derwent
A groundbreaking milestone was achieved earlier this month on Hobart’s River Derwent as the world’s largest battery-electric ship, Hull 096,…
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Galveston LNG Bunker Port Partners with TOTE Services for LNG Bunkering Fleet
Texas-based Galveston LNG Bunker Port (GLBP) has announced a strategic partnership with TOTE Services to develop a fleet of dedicated…
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Lloyd’s Register Grants Approval in Principle to Oshima Shipbuilding for Innovative Bulk Carrier Design
Lloyd’s Register (LR) has awarded Approval in Principle (AiP) to Oshima Shipbuilding Co., Ltd. for its groundbreaking multi-fuel-ready Ultramax bulk…
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Dry Bulk Shipping Rates Surge to New Heights
The Baltic Exchange’s dry bulk index has experienced a significant increase, marking its third consecutive session of gains. On Tuesday,…
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Urgent Rescue Operations Underway After Cargo Ship Sinks
BEIJING, Jan 23 (Reuters) – Rescue operations have been launched by China and the Philippines following the sinking of a…
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