Blog – Page 850 – Seaview Corporate

Baltic Index Falls, Posts Weekly Decline On Lower Capesize, Panamax Rates

The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, fell to a more than two-week low on Friday and logged a weekly fall, as weak rates in capesize and panamax segments weighed. The main index, which monitors rates for capesize, panamax and supramax shipping vessels, lost …

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Red Lights Flashing for Car Carriers in 2026/27

Potential USTR port fees of c.$1 mil per voyage for non-US built car carriers entering the US targeting c.95% of the global fleet from mid-October – combined with this week’s signals from Washington suggesting a sooner-than-expected reopening of the Red Sea, would deal a heavy blow to car carrier demand. Together, these factors comfortably support …

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Drewry: World Container Index Down Last Week

For many years, World Container Index has been the go-to, independent, global reference for index-linked contracts. If your organisation is considering index-linked contracts or requires regional visibility/coverage beyond the eight trade lanes provided below, or would like to learn more, please contact our team of ocean freight cost benchmarking and procurement specialists. Drewry’s World Container …

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Shipbuilding’s role in a greener maritime future

Over half of the global ship orderbook by gross tonnage comprises vessels capable of running on alternative fuels, but less than 10% of the existing global fleet can utilise these greener technologies, demonstrating the challenges in ‘going for green’. The Role of Shipbuilding in Maritime Decarbonisation: Impacts of Technology Developments and Policy Measures report from …

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US considering new ship registry in US Virgin Islands, sources say

President Donald Trump’s administration is considering a proposal to create an international shipping registry in the U.S. Virgin Islands as part of efforts to enlarge the tiny commercial shipping fleet flying the American flag, according to four sources familiar with the matter. Increasing the number of U.S.-flagged vessels is important for Trump’s administration because it …

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Asia Fuel Oil: Markets steady in thin trade despite flurry of orders

Asia’s spot fuel oil markets were broadly stable on Friday in largely quiet trade, even as a flurry of bids and offers continued to emerge. Singapore cash differential for 380-cst high sulphur fuel oil (HSFO) was pegged at parity to cargo quotes, after holding in discounts since the start of the month. Iraq’s SOMO offered …

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CLdN to increase capacity on Liverpool-Dublin route by 25%

CLdN today announced a 25% capacity increase on its Liverpool – Dublin service. The increase will be achieved through the deployment of larger vessels* with a higher cargo capacity than those currently serving the route. The change to higher capacity vessels will also provide environmental benefits as the use of these larger ships will reduce …

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ABS and HD Hyundai Mipo Sign Agreement to Accelerate DM-Based Production Automation in Future Shipyards

ABS and HD Hyundai Mipo (HMD) have signed a joint development project (JDP) for digital manufacturing-based automation equipment for shipyards. The JDP establishes a collaborative framework focused on leveraging smart technology within HD Hyundai Mipo’s shipyard operations that include artificial intelligence, communication technologies, automation and robotics. ABS will utilize its Guide for Smart Technologies for …

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UK PM Starmer vows to ‘destroy’ Russia’s ‘shadow fleet’ in new round of sanctions

The U.K. plans to impose new sanctions on a fleet of Russian oil tankers believed to be helping Moscow sidestep existing restrictions on energy exports. In a Friday press release, U.K. Prime Minister Sir Keir Starmer said that up to 100 vessels—linked to more than £18 billion in cargo shipments since early 2024—will be targeted …

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ReCAAP ISC incident alert – Six Sea Robbery Incidents in the Straits of Malacca and Singapore

The ReCAAP ISC alerts the maritime community on the continued occurrence of incidents of sea robbery onboard ships while underway in the Singapore Strait and warns a possibility of further incidents. Six incidents of sea robbery were reported on ships while transiting the Phillip Channel, in the eastbound lane of the Traffic Separation Scheme (TSS) …

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