RCL Announces September 2026 LGGR Rates of Up to USD 678 per Container, with Asia-Red Sea Charge at USD 585
RCL has announced another adjustment to its environmental surcharge. On August 17, the carrier issued its Low Sulphur Green Recove
Sanctioned Tankers Exit the Market at a Faster Pace as 22 Are Sold for Recycling in 2026
A notable shift is emerging in the global tanker market: more sanctioned vessels are entering the recycling market. According to C
Yemen's Mocha Port Suspends Operations After More Than 25 Missile Strikes as Red Sea and Bab el-Mandeb Shipping Risks Rise
The latest developments along the Red Sea route have renewed industry concerns. According to Reuters on August 16, local time, Yem
Vessels Reroute in the Strait of Hormuz as Tankers Shift North and Traffic Falls Well Below Normal Levels
Shipping patterns in the Strait of Hormuz are changing. Following a series of recent attacks on commercial vessels, some shipowner
Wan Hai Lines Orders Eight Containerships for Nearly $1 Billion, with 11,000 TEU Newbuildings Scheduled for Delivery from 2029
Wan Hai Lines is expanding its containership fleet again. Lloyd’s List recently reported that the Taiwan-based liner operator has
Tanker Grounded off Oman for Over a Month as Oil Spill Spreads Across More Than 2,000 Square Kilometers, Renewing Concerns over "Shadow Fleet" Risks
A tanker carrying approximately 800,000 barrels of Russian crude oil has become the source of a serious marine pollution incident
