Insurance

China

Fesco launches first direct rail service from China to St. Petersburg

Zhang Weili - November 28, 2025

The Fesco Transport Group launched a direct rail service, Fesco China Neva Shuttle, from the Chinese city of Xi’an to St. Petersburg,...

Insurance

Weekly Ocean Container Market Outlook: Spot Rates Hold Firm as Carriers Tighten Capacity

Sophie Becker - November 28, 2025

The latest weekly market update shows carriers stepping up capacity controls to stabilize ocean container shipping rates across major fronthaul trades. Spot levels remain...

India

Unloading of Russian oil cargo at Indian port delayed due to insurance scrutiny

Priya Anika Rajan - November 28, 2025

/Reuters Agency A Western-sanctioned vessel carrying Russian oil for Indian Oil Corp has seen the unloading of its cargo delayed at a port...

Insurance

How Restricting Port Access Could Reshape Sanctions on Russia’s Shadow Fleet

Zhang Weili - November 28, 2025

Lloyd’s List reports that current debates on sanctions are shifting toward the role of ports, as existing restrictions on Russia’s “shadow fleet” have not...

Engineering

Haitong Ocean delivers 63,500-ton bulk carrier to Haijia Shipping

Akira Nakamura - November 28, 2025

On the morning of November 27, Jiangsu Haimen Ocean Engineering Equipment Co., Ltd. held a grand delivery ceremony for a 63,500 deadweight ton bulk...

Energy

Why researchers urge EU coastal authorities, UK Coastguard, Royal Navy to detain ships

Malik Johnson - November 28, 2025

EU coastal maritime enforcement authorities, the UK Maritime and Coastguard Agency and the Royal Navy must detain ‘shadow’ fleet vessels operating under false flags,...

China

Asia’s Diesel timespreads, cash diffs recover slightly

Zhang Weili - November 28, 2025

Asia’s diesel spot market activity on the trading window stayed tepid, as seen from a lack of physical cargo deals, though timespreads and cash...

Egypt

Disruptions and Delays at Maritime Chokepoints Could Cost $14B Per Year

Alexa Laguna - November 28, 2025

The challenges of the past few years have increased the awareness of the vulnerability of the shipping industry to delays as congestion builds in...

Insurance

New Study Shows Filipino Seafarers Generated ₱1.06 Trillion for the Economy in 2024

Akira Nakamura - November 27, 2025

Filipino seafarers and the manning industry generated ₱1.06 trillion in economic impact in 2024, contributing around 4% of the country’s GDP. The sector supports nearly...

Insurance