Panama Canal Posts $5.7 bn in FY2025 Revenue, Transits Jump 19%
The Panama Canal said revenues rose around 14.4% in its fiscal year 2025 to $5.7 billion, based on preliminary and unaudited figures, authorities said in a
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The Panama Canal said revenues rose around 14.4% in its fiscal year 2025 to $5.7 billion, based on preliminary and unaudited figures, authorities said in a
Shell Plc is preparing to resume preliminary work on a Venezuelan offshore gas field to supply neighboring Trinidad and Tobago, as its confidence grows that
As the maritime industry approaches a critical regulatory crossroads, significant technological advancements are strengthening LNG’s position as a viable
Hanwha Ocean has successfully completed the world’s first ship-to-ship (STS) transfer of liquefied natural gas between vessels undergoing sea trials. The
By Jim Wyss and Ruth Liao (Bloomberg) — New Fortress Energy has reached a tentative deal that may allow it to deliver liquefied natural gas to its
When the Office of the United States Trade Representative (USTR) fees targeting Chinese maritime dominance come into effect on October 14, approximately 35% of
Monthly import cargo volume at major U.S. container ports is projected to drop below the 2 million TEU threshold for the remainder of 2025, according to the
The UK Maritime Trade Operations (UKMTO) has reported a significant increase in GNSS interference from vessels operating in the Gulf region between October
A surge in Ukrainian drone attacks on Russia’s oil refineries has cut processing crude at home and led to a surge in Moscow’s crude
The Danish government has announced strengthened environmental oversight of tankers at Skagen Anchorage, a critical hub for Baltic Sea shipping traffic that
Global merchandise trade has exceeded expectations in the first half of 2025, with the World Trade Organization raising its growth forecast to 2.4% for the
Netherlands-based Spliethoff confirmed today that a crew member of the MV Minervagracht has died from critical injuries sustained during an attack in the Gulf
U.S. Customs and Border Protection has provided long-awaited details related to payments for the new vessel fees targeting Chinese maritime interests that take
NEOLINE’s innovative sail-powered cargo ship Neoliner Origin has successfully completed its first commercial loading operation, marking a significant
By Julian Lee (Bloomberg) — Russia’s ability to divert its crude to the global market is diminishing fast as the nation’s oil refineries come under
Blank sailings between the U.S. and China are set to reach unprecedented levels in October 2025, according to a new analysis from project44, with 67 blank
Due to China’s Golden Week holiday, underway since Wednesday, there was no Shanghai Containerised Freight Index (SCFI) this week – however, Drewry’s
China’s latest foray into the Northern Sea Route — using the channel between Russia and the North Pole to ship goods — has led some of the world’s
Maersk has embarked on an ambitious program to retrofit approximately 200 vessels in its time-chartered fleet, collaborating with 50 different shipowners to
The Drewry World Container Index has fallen 5% to $1,669 per 40ft container, marking the 16th consecutive weekly decline and reaching its lowest level since
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