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Marine World
Container Spot Rates Fall for Third Straight Week as Demand Continues to Ease
Global container spot freight rates declined for a third consecutive week, with weakening demand and the end of the front-loading…
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Marine World
New Tanker Attack Reported Near Strait of Hormuz as U.S. Continues Strikes on Iran
A commercial tanker reported being struck by what was described as either a drone or missile near the Strait of…
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Maritime News
Russia Strikes Mykolaiv as Ukraine Continues Unrelenting Shipping Attacks
Russian drones struck the Ukrainian port of Mykolaiv for the second time in recent days on Friday morning, July 17,…
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Marine World
Ukraine Continues Strikes on Russian Tankers as Shortages Worsen
Ukraine said it hit 12 more tankers in southern Russia as Kyiv expands the scope of attacks that are deepening…
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Maritime News
Venezuelan Port Remains Shuttered as Quake Response Continues
The massive quakes that destroyed thousands of buildings across Venezuela’s central coastline have also disrupted the normal functioning of the…
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Marine World
Maersk Raises 2026 Earnings Outlook as Container Market Strength Continues
A.P. Moller-Maersk has sharply upgraded its financial guidance for 2026, citing stronger-than-expected demand in the global container shipping market and…
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Maritime News
Successful Type Approval Test Continues ME-LGIA’s Seamless Development
Everllence has announced the successful Type Approval Test (TAT) of its ME-LGIA ammonia-burning engine at its Research Centre Copenhagen (RCC).…
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Marine World
Port of Los Angeles Cargo Volumes Rise in May as Import Surge Continues
The Port of Los Angeles handled 840,165 twenty-foot equivalent units (TEUs) in May, marking a 17% increase from the same…
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