Russian Navy Vessel Spotted at New "Base" in Abkhazia
The Russian-backed government of Abkhazia, Georgia appears to have just hosted its first Russian Navy vessel, according to satellite imagery…
Korea Gets its First Domestically-Built Onboard Carbon Capture System
A consortium of Korean maritime technology companies have finished installing a proprietary onboard carbon capture system on a sub-Panamax boxship,…
DP World Mundra Welcomes South East-Western India-Middle East Service
DP World, a leading global provider of smart end-to-end supply chain solutions, welcomed the inaugural voyage of a new weekly…
China’s GDP recovery likely lost steam in Q2 as consumption sags
China’s economy likely grew 5.1% in the second quarter from a year earlier, slowing from a strong start in the…
CMA CGM Vessel Loses 44 Containers Overboard in South African Storms
Heavy seas and strong winds are continuing to batter shipping along the South African coast and the massive containerships on…
ClassNK Releases Annual Report on Port State Control
ClassNK has released its annual report on Port State Control. The report is prepared to enhance awareness of the present…
High ocean rates slam brakes on European imports of low-margin goods
Some imports from Asia are being priced out of the market with container shipping costs on the westbound trade almost…
Software vendors eye ocean bookings as linchpin for broader digitization
While the industry has focused on areas like tracking and quoting, advancements in booking technology portend new potential for digitizing…
Asia-USWC spot rates edge lower as new capacity takes edge off overheated market
Forwarders expect the rate decline to accelerate in the coming weeks after carriers launched or reinstated 10 services into the…