The Xeneta Weekly Ocean Container Shipping Market Update provides data and intelligence including the latest freight rate and capacity movements across global trades with supporting insight from Peter Sand, Xeneta Chief Analyst. Xeneta analyst insight Peter Sand, Xeneta Chief Analyst: “It is still a very challenging market, but there is a feint glimmer of light …

Xeneta Weekly Ocean Container Shipping Market Update: Rates Remained Flat Last Week Read More »

Shanghai has officially become the world’s second-most prominent shipping hub, according to the 2026 rankings in the Xinhua-Baltic International Shipping Centre Development Index (ISCDI) Report, published in collaboration between Baltic Exchange and Xinhua News Agency. This annual report, which is now in its 13th year, ranks the world’s leading shipping centres based on a comprehensive …

Shanghai climbs to second place in latest Xinhua-Baltic International Shipping Centre Index as Singapore retains top spot Read More »

Broader commercial deployment of onboard carbon capture and storage (OCCS) technology will depend on regulatory and infrastructure progress. Several shipowners and operators are testing onboard carbon capture and storage (OCCS) technologies across multiple vessel types. Norwegian gas carrier operator Solvang has installed a chemical absorption-based OCCS system on one of its ethylene carriers, achieving a …

The Week in Alt Fuels: OCCS beyond pilots Read More »

Echoing UN Secretary-General António Guterres’s alarm at the resumption of strikes and counterstrikes between the US and Iran, UN International Maritime Organization (IMO) Council Member States on Thursday condemned Iran for its “continued threats” and alleged attacks against multiple Gulf States and their territorial waters. In a call to protect “vital shipping lanes”, several countries …

US-Iran war leaves shipping at near-standstill in Hormuz again Read More »

Two tankers carrying crude oil have arrived in Singapore after being stranded in the Middle East for months, pointing to the resumption of activity in a critical waterway since the US and Iran reached an interim peace agreement in June, ship-tracking data shows. But analysts said the pick-up in traffic in the Strait of Hormuz, …

Stranded oil tankers finally reach S’pore after months stuck in Mid-East amid US-Iran tension Read More »