Zelensky arrives in Istanbul for Erdogan talks
Ukrainian President Volodymyr Zelensky said he arrived in Istanbul with his team ahead of talks with Turkish President Recep Tayyip Erdogan, with Black Sea shipping among the issues on the agenda.
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Ukrainian President Volodymyr Zelensky said he arrived in Istanbul with his team ahead of talks with Turkish President Recep Tayyip Erdogan, with Black Sea shipping among the issues on the agenda.
The drone attacks in the Black Sea, the congestion in tanker supply, and the increasing demand in global maritime transportation are keeping the costs of transporting Russian oil to India at record levels. The freight rate for Suezmax tankers has reached $30 million for a single voyage, while the transportation cost p…
Sanmar Shipyards has delivered its fifth tugboat as part of a 23-year collaboration with VTC S.A., one of Bulgaria's major port operators. According to a statement made by Sanmar on October 30, 2026, the tugboat named KASTRITSI will operate at the Port of Varna on Bulgaria's Black Sea coast under its new ownership. Ba…
The French Ministry of Defense's General Directorate of Armament (DGA) has awarded a contract to Piriou Shipyard for the construction of 16 new generation RP30NG type tugboats to renew the French Navy's port support fleet. As announced on October 29, 2026, it has been confirmed that the first four tugboats will be bui…
International strikes and protests have begun, covering 113 ports in 22 countries worldwide. Actions organized against arms shipments and the loss of seafarers' lives in war zones have disrupted cargo operations and ferry services in many countries, particularly Greece. Global maritime trade faced a significant challe…
A Panama-flagged oil tanker named LOUISE 1 experienced a serious security incident in the Strait of Hormuz due to the explosion of two explosives placed on its hull. The tanker, which caught fire in the engine room, temporarily lost its maneuverability. It was reported that the crew is safe and the vessel has resumed …
Deliveries in the past week have been primarily deployed to services between the Far East and Latin America, highlighting growing volumes on these trades. Alphaliner noted that Imabari Shipbuilding completed the 13,932 teu ONE Symphony that will be deployed on ONE’s Asia-WCSA AX3 service the pan-Japanese carrier runs …
Container spot freight rates on the transpacific eastbound trade, as recorded by Drewry, saw its steepest one-week fall since June 2025 after this year’s protracted peak season came to an end. Drewry’s World Container Index (WCI) saw the spot rate on its Shanghai-Los Angeles decline 6% week on week, to end at $7,514 p…
The US ports of Los Angeles and Long Beach face potential disruption from Sunday, as around 250 security workers, represented by the International Longshore and Warehouse Union (ILWU) Local 26, prepare for strike action amid the ongoing labour dispute. The latest labour contract extension will expire at 5pm Pacific Ti…
TUZLA, TÜRKİYE — Sanmar Shipyards has delivered a new harbour tug to long-standing Bulgarian partner VTC S.A., marking the fifth tugboat delivered to the operator since the two companies began working together in 2003.Renamed KASTRITSI by her new owners, the tug will join VTC’s fleet in the Black Sea port of Varna, wh…
The CONTSHIP JET, struck by three maritime drones off the coast of Bulgaria, sank with 421 containers on board. 18 seafarers were rescued, and an investigation has been initiated regarding 20 containers that fell into the sea. The Liberian-flagged CONTSHIP JET container ship, which became the latest target of attacks …
Tan Cang - Cai Mep International Terminal (TCIT) welcomed Yang Ming Marine Transport Corp.'s container ship YM Wayfinder on its first-ever call at the terminal on October 23. The arrival adds a new-generation, lower-emission vessel to the services connecting Vietnam with major markets in Asia and North America. The YM…
The current suspension period for U.S. port charges targeting certain China-related vessels is nearing expiration, and the U.S. side has proposed another short-term extension. A document published in the Federal Register on October 26 shows that the Office of the United States Trade Representative (USTR) has proposed …
According to industry media, Emirates Shipping Line plans to launch a new container service connecting China and the Red Sea region in November this year, named China Red Sea Connector (CRC). If launched as scheduled, the service will add a direct sea freight link between China and Red Sea coastal markets and provide …
Intra-Asia and Middle East short-haul trades are seen to be the most sought-after launch pad or entry point for aspiring container shipping entrepreneurs, as the industry becomes more competitive and challenging in an environment of ever-growing trade volatility. The ‘newest kid on the block’ is Jade Pacific Line (JPL…
Boluda Shipping is to acquire Samskip, yet another sign of consolidation in the shortsea shipping scene, the deal intended to create a network spanning Northern Europe, the Iberian Peninsula, Canary Islands and West Africa. Subject to regulatory approval, the deal is expected to complete on New Year’s Day, with the co…
Turkey has warned Russia and Ukraine about the increasing attacks on commercial vessels in the Black Sea involving unmanned maritime vehicles and missile strikes. National Defense Minister Yaşar Güler stated that Turkey reserves all legal rights in the face of attacks on Turkish-flagged vessels and those operated by T…
The U.S. Maritime Administration (MARAD) has approved the license application for the $8.2 billion ST LNG deepwater port project planned to be built off the Texas coast. The facility, which will have an annual production and export capacity of 8.4 million tons of liquefied natural gas (LNG), is expected to begin const…
Another attack on commercial vessels in the Black Sea has occurred. The container ship named CONTSHIP JET, operated by the Greek company Contships Management and flying the Liberian flag, was attacked by three unmanned surface vessels (USVs) off the coast of Bulgaria on October 28, 2026. The 18-member crew, who suffer…
The price of Azerbaijan’s Azeri Light crude oil on a CIF basis at Italy’s Augusta port increased by $2.93, or 2.39%, from the previous figure to $125.42 per barrel.
Evergreen Marine has recently announced a new round of Southeast Asia network optimization, involving adjustments to the port call structure of its Qingdao-origin KTP Thailand-Vietnam service and the launch of the new NCX Singapore-Malaysia service connecting Qingdao, Singapore, and Westport in Port Klang, Malaysia. T…
ZIM recently announced an upward revision to its full-year 2026 earnings guidance. The company stated that the adjustment mainly reflects continued strong market demand and favorable freight rate trends, representing its latest assessment of full-year operating performance. According to the announcement, ZIM now expec…
In long-haul transportation, whether a refrigerated container maintains a stable temperature and whether its equipment is operating normally directly affects cold-chain cargo quality and delivery security. According to international shipping media outlet WorldCargo News, all of Evergreen Marine's roughly 58,000 refrig…
The AA7 Asia-U.S. East Coast service, jointly operated by Hapag-Lloyd and Wan Hai, has recently adjusted its port call arrangements for Shanghai and Ningbo. According to 'Container News', Shanghai calls on the AA7 service will shift from weekly calls to once every two weeks, alternating with Ningbo. This means cargo f…
Hong Kong's container throughput fell again in 2025 even as its exports surged. A new five-year plan aims to move the maritime hub from a volume-based model to a value-based one, and the gap between those two trends is driving calls for a statutory port authority. Hong Kong has been one of Asia's major container gatew…
The Port of Yokohama handled 1.61 million TEUs in the first half of 2026, up 4.8 percent year on year. This marks the port's sixth consecutive annual increase in the January–June period. According to the Yokohama City Port and Harbor Bureau, first-half throughput exceeded 1.6 million TEUs for the first time since 2010…
Korean Air has modernized its cargo terminal at Incheon International Airport, launching a fully integrated 'Smart Terminal' equipped with advanced automated logistics systems. This infrastructure upgrade, combined with advanced digital integrations, expanded sustainability initiatives, and next-generation fleet order…
UK logistics groups welcomed the decision in today’s new budget to maintain a 5p-per-litre fuel duty cut and avoid planned increases, and ensuring warehouse rates do not rise, but there have also been warnings that businesses continue to face significant cost pressures. In his first budget as chancellor – and first fo…
Three naval drones have attacked a container ship in the Black Sea, 21 nautical miles off the Bulgarian coast near Cape Kaliakra.
The global express and parcels market grew 5.8% in 2025, to €577.3bn ($642.6bn), but mounting pricing pressure, shifting trade flows and intensifying competition are creating a growing challenge for carriers seeking to turn higher volumes into profits. The recent Global Express & Parcels 2026 report by Transport Intel…