WSC Supports EU ETS Reinvestment in Decarbonization, Criticizes New Port Rules
The World Shipping Council supports EU ETS revisions for maritime decarbonization but warns new port rules may hinder competition.
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The World Shipping Council supports EU ETS revisions for maritime decarbonization but warns new port rules may hinder competition.
The European Commission's revised EU ETS proposal for maritime aims to balance decarbonization with port competitiveness
South Korean and Japanese refiners will continue using the Red Sea for Saudi crude imports, even if Persian Gulf tensions ease
Russia's diesel export ban is set to drive up global prices, with European buyers potentially turning to the US for supply
India's ship recycling market strengthened due to limited steel plate availability, stemming from slow cutting and fewer vessels.
The container ship time charter market saw a quiet week with minimal transactions as the summer holiday season began
Malaysia's Transport Minister denies government knowledge of major foreign shareholding changes at MMC Port Holdings Bhd
K Line has pledged $20,000 for earthquake relief in Mindanao, Philippines, via The Rayomar Outreach Foundation
NYK's 22nd Fleet Safety Management Meeting brought together partners to share safety measures and lessons from past incidents
Global financial markets may be underestimating the potential impacts of a strong El Niño weather event, according to Marex Solutions CEO.
US consumer sentiment rose for the second straight month in July, exceeding forecasts and reaching its highest level since February.
A significant 3.0% decline in building permits has exceeded expectations, signaling potential economic caution and construction sector…
US import prices unexpectedly increased by 0.3% in June 2026, contrary to market predictions of a decline.
India has reinstated a 7.5% import duty on 40 key petrochemical products after a previous exemption expired.

A Chinese captain of a tanker, suspected of sanctions evasion, was denied bail in the UK after his vessel's detention.

Shippers are increasingly prioritizing network flexibility to manage service and cost effectively in volatile freight markets

Philly Shipyard has secured a MARAD contract to build missile tracking vessels, signaling new specialized maritime construction.

Tradepoint Marine Development is suing Bruks Siwertell over a bulk material handling system failure at Sparrows Point.

US federal agencies are stepping up cabotage enforcement, putting pressure on Mexican trucking operators in border areas

A large fire started in a container and spread to a warehouse on Radioweg in Amsterdam-East.
US LTL carriers are expanding terminal networks, but overall door count remains below 2022 peak capacity

Compass Transport has acquired Lamberink Logistiek, merging their operations to boost cold chain logistics capabilities

A Canadian oil refinery shutdown for maintenance could tighten fuel supply in the US Northeast, affecting road freight.

Russian forces reportedly struck Mykolaiv while Ukraine maintains its maritime attacks, signaling continued regional conflict.

An oil tanker chartered for crude loading at the Caspian Pipeline Consortium terminal was damaged by two drones.

Armed assailants have seized a chemical tanker in the Gulf of Aden, prompting maritime security concerns.

Disrupted container trade lanes are set to receive numerous new vessel deliveries in 2026, offsetting longer voyages
J.B. Hunt set a new intermodal volume record in Q2, as shippers increasingly favor intermodal due to truckload capacity constraints and…
A 37,730.36 DWT Handysize bulk carrier, 'HE SHENG DONG FANG', is scheduled for an online public auction.
The Baltic Dry Index (BDI) has corrected, dropping 6.5% to 2752 points this week, signaling a decline in dry bulk rates
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