US rail shipments down 7% in last full week
Rail traffic fell 7% for the last full week of 2025 as intermodal was weaker by 4.3% year-on-year.The post US...
PIL ships record 95-Tonne substation unit to Umm Qasr
Pacific International Lines (PIL) has successfully delivered a 95-tonne substation unit from Jebel Ali, UAE, to Umm Qasr, Iraq. The...
China launches large-scale military drills around Taiwan
China has announced major military drills around Taiwan, increasing pressure on the island. The People’s Liberation Army Eastern Theater Command...
GATX, Brookfield complete buy of Wells Fargo rail leasing
GATX Corp. and Brookfield Infrastructure Partners said they have received clearances to finalize the acquisition of Wells Fargo’s rail operating...
DHT trims vintage tonnage with twin VLCC sale
Supertanker specialist DHT Holdings has struck a deal to sell two of its three oldest VLCCs, continuing a steady refresh...
Maersk raises Peak Season Surcharge on Far East–East Africa Routes
Maersk has announced an increase in its Peak Season Surcharge (PSS) on shipments from Far East Asia to East Africa....
Boluda Towage expands Australian operations to Port of Esperance
Boluda Towage has launched harbour towage operations at the Port of Esperance, strengthening its presence in Australia. The move follows...
MOL, SINOPEC and Marubeni sign MOU on marine biodiesel supply
Mitsui O.S.K. Line signed a memorandum of understanding with China’s largest fuel supplier SINOPEC and trading house Marubeni. This MoU...
Winning in lead
China is dominating the secondhand capesize market this year, and Winning is topping the buyer table. Winning Shipping is closing...
World Container Index rises in late December
Drewry’s World Container Index (WCI) rose 1% last week to $2,213 per 40-foot container, marking its fourth consecutive weekly increase....
