Panama's Supreme Court has annulled key port contracts held by a subsidiary of Hong Kong-based CK Hutchison, leaving the future ownership of some Panama Canal operations unclear and possibly upsetting its plans to sell some terminals.Panama Ports Company (PPC), a CK Hutchison subsidiary, has held contracts since the 1990s to operate container terminals at the canal's Pacific and Atlantic entrances…
Hong Kong's CK Hutchison said on Wednesday its Panama Ports Company unit has started international arbitration proceedings against Panama after the country's top court annulled its licences to operate two Panama Canal ports, in a case that could take years to resolve…
The UP World LNG Shipping Index gained 4.05% last week, closing at 182.36 points and exceeding the 180-point mark for the first time in its history. The S&P 500 rose 0.3% over the same period.Trading activity was robust, with volume well above average and a 15:4 ratio of rising to falling stocks…
Ocean Network Express (ONE) reported a net loss of $88 million for the third quarter of FY2025, as persistent fleet growth and slower cargo movement weighed on short-term freight rates, particularly in the Asia–North America tradeThe result…
Baltic Exchange has launched a new suite of indices covering four key short-range tanker routes in northwest Europe in order to create the definitive benchmark for the region’s tanker sector and bring greater transparency to the short-range tanker market…
Singapore posted record port performance in 2025, supported by resilient global trade and fuel offtake.The nation achieved a record of 3.22 billion gross tonnage (GT) of vessel arrivals and 44.66 million TEUs of container throughput in 2025 – a 3…
PhilaPort capped off a milestone year in 2025, posting record container throughput and outperforming national and regional trade trends to remain a leader among U.S. East Coast container ports.PhilaPort handled a record 889,268 twenty-foot equivalent units (TEUs) in 2025…
Singapore posted record port performance in 2025, supported by resilient global trade and fuel off take. This was announced by Senior Minister of State for Law and Transport Mr Murali Pillai, who was the Guest-of-Honor at the annual Singapore…
Pole Star Global, a leader in maritime intelligence and regulatory compliance solutions, announced the launch of the Maritime Transparency Index (MTI) — a machine learning-powered risk scoring system that transforms maritime compliance from complexity into clarity…
WAPS: Making the Wind Blow for Shipping’s DecarbonizationIn the evolving landscape of maritime decarbonization, few subjects are as timely or arguably as misunderstood as wind-assisted propulsion. Yet the shipping industry finds itself at a decisive moment…
The shipping industry has always been good at navigating uncertainty; however the rapid expansion of the shadow fleet represents a different kind of risk. It’s not just regulatory or geopolitical; it’s informational. Each vessel that goes dark removes a small piece of the world’s safety awareness…
Maritime transport carries close to 90 percent of global trade by volume, and container ports alone handle more than 80 percent of non-bulk merchandise. Today, these ports are undergoing a profound transformation, driven by rising trade flows…
“Iron ore shipments to China have risen 7% y/y since the end of June, following a stable period during the first half of the year. However, Chinese steel production has remained weak, leading to a build-up of portside inventories which reached an eight-month high in week 45…
The Baltic Exchange's dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, hit a two-week high on Monday on expectations of higher shipping costs after China pledged to charge additional ports fees for U…
Xeneta, a leading ocean and air freight rate intelligence platform, has unveiled a new generation of in-platform products, marking the next chapter in the company’s mission to transform freight procurement through data, insights and AI.Presented…
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