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Global Trade

MSI reports strong trade rebound despite tariff risks

24/09/2025

Global container trade has outperformed earlier expectations in 2025, with stronger-than-anticipated resilience on the demand side, according to new analysis by Maritime Strategies International (MSI). The firm’s Q3 Market Report,...

Indonesia, EU seal landmark trade deal after 10 years

23/09/2025

After nearly a decade of negotiations, Indonesia and the European Union have finalised a Comprehensive Economic Partnership Agreement (CEPA). The agreement was officially concluded on 23 September 2025 in Bali...

Sea Legend unveils bold China-Europe arctic route

22/09/2025

Chinese container shipping company Sea Legend is set to launch the first direct China-Europe service via the Arctic’s North Sea Route (NSR) later this week. The maiden voyage will depart...

EDF, Decarb Hub explore maritime climate finance tools

09/09/2025

The Environmental Defense Fund (EDF) and Lloyd’s Register Maritime Decarbonisation Hub (Decarb Hub) have published Navigating the Net-Zero Transition. This report addresses the trillion-dollar investment gap threatening maritime sector climate...

Chinese buyers fuel explosive growth in vintage VLCC sales

09/09/2025

Chinese buyers are driving a sharp rise in demand for vintage very large crude carriers (VLCCs). This trend reflects structural shifts in global oil flows since Russia’s invasion of Ukraine,...

Hanwha unveils $5 billion plan to boost US shipbuilding

28/08/2025

Hanwha Group has unveiled a $5 billion infrastructure investment plan for Hanwha Philly Shipyard, supporting South Korea’s broader initiative to revitalise the US shipbuilding industry. This forms part of a...

Hanwha drives shipyard growth with tanker and LNG orders

27/08/2025

Hanwha Shipping, the US subsidiary of Hanwha Ocean, has ordered 10 medium-range (MR) oil and chemical tankers from Hanwha Philly Shipyard, with deliveries beginning in early 2029. The order is...

Xeneta acquires eeSea to expand maritime data services

19/08/2025

Xeneta has acquired maritime and supply chain data company, eeSea, to deliver clearer freight data and insights for supply chain decision-makers. eeSea, renowned for its maritime schedule, transit time, and...

Shipping spot rates drop as demand remains weak

11/08/2025

Global container spot rates remain under pressure as shipping lines struggle to offset weak demand and excess capacity. According to Xeneta’s latest market update on 7 August, average rates on...

US ports fees on Chinese ships starting October 2025

07/08/2025

The United States plans to implement new port entry fees targeting vessels that are Chinese-owned, operated, or built, starting 14 October 2025. These charges, introduced by the US Trade Representative...

Evergreen vessels lose containers off South America

04/08/2025

Feature Image: © Marine Traffic The Taiwanese shipping line Evergreen Marine Corp has experienced two serious incidents involving its container vessels off the South American coast, with both events prompting...

Major earthquake off Russia disrupts Pacific shipping operations

30/07/2025

An intense 8.8 magnitude earthquake struck off Russia’s Kamchatka Peninsula, causing significant disruptions to maritime traffic across the North Pacific and triggering tsunami alerts throughout the region. The earthquake, occurring...

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