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World Container Index – 7 May 2026

The DREWRY World Container Index (WCI) increased 3% to $2,286 per 40ft container after three consecutive weekly declines, driven by higher freight rates on...

FAO Food Price Index up for third consecutive month largely on rising vegetable oil prices

The benchmark of world food commodity prices rose in April for a third consecutive month amid elevated energy costs and disruptions caused by the...

US and Iran exchange fire again in early morning! Endangering fragile ceasefire agreement…

US and Iranian forces clashed again in the Strait of Hormuz. Although the intensity of this exchange was as limited as before, the repeated...

EE. UU.: Puerto de Hueneme obtiene subvención federal de USD 11,25 millones para ampliar capacidad y modernizar infraestructura

The Port of Hueneme received USD 11,250,000 in federal funds, through the Maritime Administration of the United States Department of Transportation (Marad),...

Skuld delivers strong result in /26

Skuld reported a positive financial result of USD 103 million for the year ended 20 February 2026 (USD 21 million in 2025), driven by...

Zhenhua Heavy Industries undertakes the construction of Shenneng Shanwei Offshore Wind Power Booster Station and Compensation Station commenced

On May 7, the offshore booster station and offshore compensation station construction project for the Shenneng Shanwei Honghaiwan VI Offshore Wind Power Project, undertaken...

30 years in prison… Released captain: A farce!

According to foreign media reports, the captain of the bulk carrier “Phoenix-M”, Bekavac, recently recounted his experience of being arrested in Turkey in 2023...

New vessel commissioned! Qianhang Shipbuilding-built fishery administration law enforcement vessel delivered and put into use

Recently, the “Fishery Administration 33317” fishery administrative law enforcement vessel, constructed by Hangzhou Qianhang Shipbuilding & Repair Co., Ltd., was commissioned and put into...

Guangzhou Shipyard International Names Two 74,500 DWT /Chemical Tankers on Same Day

On May 8, CSSC Guangzhou Shipyard International held a naming ceremony for the 74,500-ton /product oil tanker Hull No. 1 and Hull No. 2...

OOCL names its first methanol dual-fuel boxship

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