News

Allianz says $125b in cargo remains stranded in Gulf

Hull and cargo premiums increased during the conflict.

Allianz says $125b in cargo remains stranded in Gulf

Hull and cargo premiums increased during the conflict.

Philippines strengthens maritime workforce with Mintra partnership

The parties will examine AI tools and digital certification for maritime workers.

WINS takes full control of Fast Offshore, adds 5 crew vessels

The acquisition adds shipbuilding contracts alongside long-term vessel charters.

NYK–JERA deal locks capacity for Japan’s first low-carbon ammonia shipment

NYK will charter two gas carriers for the US-to-Japan energy supply chain route.

China shipping rates double as Middle East conflict fuels costs

Major maritime carriers aggressively updated their surcharges.

ClassNK launches maritime design data marketplace

Platform enables sharing and matching of 3D ship design models and engineering data.

AD Ports Group, Dajin Heavy Industry partner to expand offshore wind cooperation

Focus areas include supply chain development, maritime logistics, and port infrastructure.

Sallaum Lines signs shipbuilding contract for dual-fuel ammonia-ready car carriers

Each ship will have 8,600 CEU capacity and five liftable decks

Inchcape enters Brunei offshore logistics network

The MPABD approval expanded ship-to-ship coordination in regulated waters.

Seatrium wins ABS nod for offshore ammonia energy hub concept

The hub integrates ammonia fuel, power generation, and vessel charging.

UNCTAD flags gap between WTO trade reports, border reality

In 89% of cases, government notifications to the WTO did not match realities.

Samudera completes sale of MT Sinar Malahayati

The sale was completed under a memorandum of agreement dated 25 May 2026.

Tourism drives ocean services to 58% of global trade

Tourism and shipping dominate ocean trade as services overtake goods in global value capture.

Maersk expands China–India capacity with new trade route

Six-vessel rotation enters Far East–India corridor linking ports from Shanghai to Pipavav.

HD Hyundai wins order for two dual-fuel gas carriers from Turkey’s BGN

Each carrier will have a cargo capacity of 93,000 cubic metres.

K LINE to introduce electronic UMS check systems across fleet in July

Crew members will use smartphones and a dedicated app to log inspection data.