News

NYK names two new LNG carriers for QatarEnergy

08/12/2025

Nippon Yusen Kaisha (NYK), Kawasaki Kisen Kaisha, Ltd., MISC Berhad, and China LNG Shipping (Holdings) Limited held a naming ceremony for two new LNG carriers for QatarEnergy at HD Hyundai Heavy...

IBIA, HKSOA sign MoU to advance marine energy

05/12/2025

The International Bunker Industry Association (IBIA) and the Hong Kong Shipowners Association (HKSOA) have signed a Memorandum of Understanding (MoU) to establish a framework for closer cooperation across marine energy...

CMA CGM revives Red Sea route on INDAMEX Loop

05/12/2025

CMA CGM has confirmed that its INDAMEX service will now transit the Suez Canal on both fronthaul and backhaul rotations between India/Pakistan and the US East Coast — a structural...

Hyundai, HD KSOE partner on maritime fuel cell system

03/12/2025

Hyundai Motor Company has signed a landmark Memorandum of Understanding (MoU) to co-develop a maritime fuel cell system, extending its clean-energy capabilities beyond automobiles and into the marine sector. The...

Wärtsilä maps 2026 trends in decarbonisation and digitalisation

03/12/2025

As the maritime industry approaches 2026, Wärtsilä has identified four trends set to reshape global shipping, driving competitiveness, efficiency, and sustainability for vessel owners and operators worldwide. Wärtsilä highlighted that...

Semco Maritime to overhaul and optimise Floatel Endurance

02/12/2025

Floatel Endurance is scheduled to sail to Hanøytangen in Q1 2026 for a comprehensive yard stay and energy optimisation programme at Semco Maritime’s facility. Hanøytangen, a key hub for offshore...

LR joins DCSA+ to boost shipping digitalisation

02/12/2025

Lloyd’s Register (LR) has joined the Digital Container Shipping Association’s (DCSA) DCSA+ partnership programme. Through DCSA+, LR becomes part of a global network of carriers, shippers, terminals, forwarders, and technology...

Japan unites to standardise next-gen green ship designs

01/12/2025

Mitsubishi Shipbuilding Co., Ltd. (part of Mitsubishi Heavy Industries), Imabari Shipbuilding Co., Ltd., “K” LINE, MOL, NYK Line, JMU, and NSY have signed a Memorandum of Understanding (MoU) to establish...

Drewry Container Index falls as trans-Pacific rates slide

01/12/2025

The Drewry World Container Index (WCI) fell 2 per cent week-on-week to $1,806 per FEU in Week 48, driven by lower rates on the trans-Pacific and Asia–Europe trades. Compared with...

Far East-US spot rates fall while Europe routes strengthen

28/11/2025

Spot rates on key container shipping routes showed mixed trends last week, according to Xeneta. Far East to US trades saw notable declines, with average spot rates falling to $1,958...

Turkey forcefully rejects Lebanon–Cyprus maritime deal

27/11/2025

Turkey has rejected a newly signed maritime demarcation agreement between Lebanon and Cyprus, saying the deal violates the rights of Turkish Cypriots and is therefore unacceptable. Lebanon and Cyprus signed...

German maritime sector forms cybersecurity network

26/11/2025

Germany’s maritime sector faces rising cyber threats, prompting the launch of the Maritime Cyber Security Group Germany to improve incident response, share intelligence, and strengthen industry resilience. The Federal Office...