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A US administrative court has ordered Orient Overseas Container Line (OOCL) to pay $45.6 million in compensation to the retailer Bed Bath & Beyond, which went bankrupt in 2023. Judge …

Fuel prices up, ships slow down

Between the fourth quarter of 2025 and April 2026, the average speed of the containership fleet decreased by 2.3%, from 15.58 to 15.22 knots. This sharp slowdown took place almost …

The upward trend in shipping capacity shows no sign of abating. MSC (Mediterranean Shipping Company) is consolidating its global leadership, having officially surpassed the 7.3 million TEU mark – a …

US board sanctioned oil tanker

Washington’s tough stance against Tehran’s oil exports continues. The latest incident concerns the VLCC Tifani, a vessel whose flag remains a mystery, but which is very well known to OFAC …

JP Morgan, the US banking giant, is reportedly set to invest half a billion dollars in crude oil transport through a new order placed with the Chinese shipyard Dalian Shipbuilding …

The spotlight is once again on Somali piracy after a sudden escalation: four attacks in just four days, including two successful hijackings. This wave of violence has forced the authorities …

The North Tyrrhenian Port Network Authority’s Management Committee unanimously approved the appointment of Commander Pierpaolo Danieli as Secretary-General this morning. The proposal, put forward by President Davide Gariglio, highlights a …

Small carriers flee Asia-NAWC

The ocean shipping market on the Asia-North America route is undergoing an unprecedented structural shift. According to the latest report from Sea-Intelligence (Sunday Spotlight No. 761), the market share of …

Arsenio Dominguez, Secretary-General of the International Maritime Organization (IMO), has spoken out strongly against the dramatic escalation in the Strait of Hormuz. In an official statement, the head of the …

Peace talks between Iran and the US don’t seem to be making any headway. On the contrary, tensions are set to escalate further, with consequences that could go as far …

Hormuz reopens to shipping

The Strait of Hormuz has been officially reopened to commercial shipping. The announcement was given by the Iranian Foreign Minister, Abbas Araghchi, following the agreement on a ten-day ceasefire in …

The North Tyrrhenian Port Network Authority was a key player at Seatrade Cruise Global 2026, the world’s most prestigious cruise industry event held at the Miami Beach Convention Centre from …

Last Saturday, the International Maritime Organisation’s (IMO) Legal Committee approved its first international guidelines to combat the fraudulent use of flags. This regulatory package fills a long-standing gap, as until …

Record Panama Canal crossings

Panama Canal crossings skyrocketed in March, hitting their highest level ever in recent years due to a combination of geopolitical and operational factors. The closure of the Strait of Hormuz …

Drewry’s Intra-Asia Container Index (IACI), a weighted average of weekly spot rates on 18 major intra-Asian trade routes, shot up 28% in the first week of April, hitting $865 per …

India has recently secured its first order for ammonia-powered dual-fuel vessels: Swan Defence and Heavy Industries Limited (SDHI) has signed a contract with Energy One Limited to build four 92,500 …

Shipping, NOO’s the word!

The Non-Operating Owners’ (NOOs)fleet in the 700-9,000 TEU categories, the most popular on the charter market, has continued to shrink over the past twelve months, albeit at a slower pace. …

The European Union is stepping up its efforts against the so-called shadow fleet, which consists of 600–700 vessels operating outside Western insurance and financial systems to transport Russian crude oil. …

Container shipping rates are up 5% on last week, averaging $2,279 /FEU. This marks the fourth consecutive weekly increase in spot rates. Rates on Asia-Europe routes are also rising, with …

Ocean Network Express (ONE) has just announced it has signed an agreement to acquire a 30% stake in Hutchison Laemchabang Terminal Limited (HLT), a container terminal operator at Laem Chabang …

The North Tyrrhenian Port Network Authority has renewed the agreement with third sector associations (SVS Pubblica Assistenza Livorno, Italian Red Cross Livorno, Misericordia Livorno, Misericordia di Montenero and Misericordia di …

The 48-hour ultimatum issued by Donald Trump last Saturday is due to expire tonight. The US has threatened to destroy Iran’s electricity plants if the Islamic Republic does not fully …

Chinese ship pays Hormuz toll

Lloyds List reports that a feeder containership is the first Chinese-owned vessel to pay Iran to cross the Strait of Hormuz safely. It says that the New Voyager, flying the …

On Thursday Iranian media sources reported that Tehran is reportedly considering a legislative proposal to impose transit fees for ships crossing the Strait of Hormuz. The proposal aims to impose …

Although there are conflicting reports on the matter, rumours of an imminent agreement between China and Iran regarding the safe transit of crude oil through the Strait of Hormuz continue …

A humanitarian corridor to evacuate seafarers and ships stranded in the Gulf. The measure was approved yesterday at an extraordinary session of the Council of the International Maritime Organization. The …

Working increasingly as a team as part of a systemic approach. According to Davide Gariglio, President of the North Tyrrhenian Port Network Authority, this is the priority for port authorities. …

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