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Asia-US container rates continue to soar; liquid tanker rates steady to softer

Rates for shipping containers from east Asia and China to the US continued to surge as importers pull volumes forward to beat impending tariffs, while liquid tanker rates were steady to softer. CONTAINER RATES Spot rates from online freight shipping marketplace and platform provider Freightos rose by 8% to the West Coast this week and …

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Value Maritime appoints Hai Cheung China as technical consultant and agent in China

Dutch emissions-reduction technology innovator Value Maritime has signed a commercial representation agreement with Hai Cheung China, appointing the company as its technical consultant and agent for the Chinese market. Supporting Chinese Shipbuilding The partnership is intended to strengthen Value Maritime’s position with shipyards in mainland China and Hong Kong, supporting both retrofit and newbuilding projects. …

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First Half 2026 Shipping Market Review: ClarkSea Index Up 61%

First half 2026 data points for the international shipping industry have been released by Clarksons Research. Reviewing the data, Steve Gordon, Managing Director of Clarksons Research commented: Strait of Hormuz closure continuing a theme of shipping at the “frontline” of geo-politics Strong charter markets, with ClarkSea Index up 61% y-o-y at $38,717/day Loss of volumes …

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FFAs: Beyond hedging

In a market long defined by cyclical volatility, the Freight Forward Agreement (FFA) sector is entering a new phase of maturity—yet adoption remains uneven, according to speakers at a recent Baltic Exchange panel. Drawing on reflections from shipowners, brokers and fund managers, the discussion highlighted an industry still grappling with structural conservatism even as liquidity, …

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Allcargo Global Starts Trading on NSE and BSE, after Demerger from Allcargo Logistics Limited

Allcargo Global Limited (AGL) (NSE: AGL) (BSE: 544602), an independent entity demerged from Allcargo Logistics Limited, has successfully listed its shares on the National Stock Exchange & Bombay Stock Exchange (BSE) under the ticker symbol “AGL”. The landmark listing marks the completion of the Allcargo Group’s demerger and restructuring initiated four years ago to create …

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Iran warns oil tankers to use approved routes in Strait of Hormuz or face a ‘forceful response’

Iran’s joint military command warned Thursday that all oil tankers moving through the Strait of Hormuz must use its approved routes or face a “forceful response,” ratcheting up tensions again over a waterway crucial for international energy supplies. The strait, the narrow mouth of the Persian Gulf, has emerged as one of the top issues …

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Echandia strengthens India position with battery systems for two new electric tugs

Knowledge Marine & Engineering Works has selected Echandia to supply battery systems for two fully electric tugs within India’s Green Tug Transition Program. The vessels will operate at Visakhapatnam Port Authority and V.O.C Port Authority in Tuticorin. This order strengthens Echandia’s position in India’s emerging electric tug market. The order marks the first Indian deployment …

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