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Thursday, December 4, 2025
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CATEGORY

Japan

WCI decreases 2% in week 48

The Drewry World Container Index (WCI) decreased by 2% from the previous week to $1,806 per FEU in Week 48, mainly driven by lower...

Hotel101 Global unveils plans to develop hotel in Milan

Property technology hospitality platform Hotel101 Global Holdings has revealed plans to develop a 429-key hotel in San Donato Milanese, Milan, Italy. The new venture forms...

LNG Tanker Market Showing Further Strength

LNG The LNG spot market further strengthened this week, with two-stroke tonnage remaining extremely tight in the Atlantic, driving higher rates on all major routes. On...

Italy gets a full vote at the IMO council

The International Maritime Organization (IMO) last Friday elected the States that will become part of the three categories that make up the Organization’s Council. In...

Climate Activists Disrupt Operations at World’s Largest Coal Port

Operations at the coal port of Newcastle, Australia have experienced significant disruptions after climate activists took over the harbor with a flotilla of kayaks...

SCFI ends three consecutive declines! Signs of bottoming out in freight rates emerge

The Shanghai Containerized Freight Index (SCFI) ended its three-week decline and returned above the 1400-point mark, showing signs that freight rates have bottomed out. According...

HaiTing Secures Another Contract for BP’s Gulf of Mexico FPU Project

On November 26, Singapore’s offshore engineering giant Seatrium announced a contract with British Petroleum (BP) to undertake the engineering, procurement, construction, and onshore commissioning...

Japan’s Nippon Steel shuts Muroran mill because of fire

Tokyo, 1 December (Argus) — Japan’s largest steel producer by capacity Nippon Steel stopped operating the Muroran blast furnace in the northern prefecture of...

LBC Tank Terminals and duisport sign MoU to develop inland ammonia and CO₂ terminal by 2030

LBC Tank Terminals Group B.V. and Duisburger Hafen AG (duisport) have signed a memorandum of understanding to jointly develop an inland terminal for ammonia...

Globus Maritime Limited Optimistic About Midsize Bulker Market Moving Forward

Globus Maritime Limited, a dry bulk shipping company, reported its unaudited consolidated financial results for the third quarter and nine-month period ended September 30,...
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