Drops
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Marine World
Long Beach Cargo Drops as Hormuz Crisis Keeps Pressure on Supply Chains
The Port of Long Beach posted another year-over-year decline in cargo volumes in April as global market volatility, rising fuel…
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Port News
Pacific Basin drops methanol dual-fuel orders in newbuild rethink
Hong Kong-listed Pacific Basin Shipping is tweaking its fleet renewal strategy, scrapping near-term dual-fuel orders in favour of conventional tonnage…
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Maritime News
Piracy in Straits of Malacca and Singapore Drops After Arrests
The ReCAAP Information Sharing Centre (ISC) issued its 2025 annual report on piracy and armed robbery against ships in Asia…
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Maritime News
Hapag-Lloyd Pledges to Address Costs as Nine-Month Profit Drops 50%
German container shipper Hapag-Lloyd posted a 50% drop in nine-month net profit to 846 million euros ($989 million) on Thursday…
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Marine World
Gunvor Drops Bid for Lukoil’s Overseas Assets After U.S. Calls It ‘Kremlin’s Puppet’
Global commodity trader Gunvor has withdrawn its proposal to acquire Lukoil’s international assets after the U.S. Treasury Department signaled it…
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Port News
Fujian Guohang drops two bulker orders at Jiangsu Haitong
Chinese bulker owner Fujian Guohang Ocean Shipping has scrapped plans to build two 73,800 dwt bulk carriers at Jiangsu Haitong…
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Port News
Finnish court drops Baltic subsea cable case against Eagle S crew
A Finnish district court has dismissed charges against the captain and two officers of the Eagle S tanker, ruling that…
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Port News
SeaLead drops 16 boxships after US sanctions target Iranian-linked fleet
Singapore-based container carrier SeaLead has been forced into a dramatic fleet reshuffle after terminating the charters of 16 container vessels…
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Maritime News
Port of Oakland April Container Volume Drops 14.7% vs. March
[By: Port of Oakland] The Port of Oakland handled 185,499 TEUs (twenty-foot containers) in April, marking a 14.7% decrease in overall cargo…
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