05

Dec

Container Spot Rates Rebound as Carriers Shift to Weekly Price Hikes

This week, global container shipping rates increased by 7%, reaching $1,927 for a 40-foot container. This marks a reversal after three weeks of decline, during...

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05

Dec

Second Ocean Alliance Service Returns to Suez on Europe–Asia Backhaul

By Gavin van Marle (The Loadstar) – Today, shippers between Europe and Asia learned that a second Ocean Alliance service will resume its trips through the Suez...

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05

Dec

Vietnam Emerges as Fastest-Growing Trade Partner for Port of Savannah

The Port of Savannah has recognized Vietnam as its fastest-growing trade partner, thanks to significant improvements in manufacturing and logistics in Southeas...

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05

Dec

Bulker Newbuilding Orders Plunge to Five-Year Low Amid Market Uncertainty

The dry bulk shipping industry has seen a big drop in new ship orders. From January to November 2025, the capacity for ordering new bulk carriers fell by 54% c...

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05

Dec

NASSCO Teams with Samsung Heavy Industries and DSEC to Boost U.S. Shipbuilding Capabilities

General Dynamics NASSCO has partnered with South Korean shipbuilders Samsung Heavy Industries and DSEC Co., Ltd. to create a strategic alliance focused on impr...

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05

Dec

Iran Holds Drills in Gulf, Firing Ballistic, Cruise Missiles at Simulated Targets

On December 5, (Reuters) — Iran's Revolutionary Guards Navy launched ballistic and cruise missiles at mock targets in the Gulf on Friday as part of a two...

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04

Dec

Safety System Failures Led to Serious Fall Injury Aboard Tasmanian Ferry, Investigation Reveals

A second engineer on the Spirit of Tasmania I suffered serious injuries that required surgery after he fell during engine maintenance in March. An investigatio...

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04

Dec

Davie Defense Closes Gulf Copper Acquisition, Joining U.S. Arctic Shipbuilding Ranks

Davie Defense has successfully acquired the shipbuilding assets of Gulf Copper & Manufacturing Corporation located in Galveston and Port Arthur, Texas. Thi...

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04

Dec

Nine Crew Members Kidnapped from LPG Tanker in Gulf of Guinea Pirate Attack

Christiania Gas has confirmed that nine crew members were taken by pirates from its LPG tanker, CGAS SATURN, during an attack in the Gulf of Guinea, West Afric...

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