International Shipping News

Bunge charters first Argentine soy meal cargo to China, shipping data show

Tue, 08 Jul 2025 09:00:58 +0000
Grains merchant Bunge has chartered 30,000 metric tons of Argentine soybean meal cargo destined for China, data seen by Reuters on Monday showed, which would mark the first such soymeal cargo since Beijing approved Argentine imports in 2019. According to data from local maritime agency NABSA, Bunge will ship the soybean meal from the Terminal ...

LNG shipping stocks: Sideways drift with sparks of momentum

Tue, 08 Jul 2025 09:00:56 +0000
LNG shipping stocks remained largely stagnant last week, with the UP World LNG Shipping Index (UPI) inching down 0.16% to 164.43 points, even as the broader S&P 500 posted a solid gain. The index reflected a market in pause—more companies gained than lost, but volume dropped significantly, signalling summer-season hesitancy and growing investor uncertainty. Beneath ...

Maersk Asia Pacific Market Update – July 2025

Tue, 08 Jul 2025 09:00:54 +0000
As we move into the second half of 2025, global trade remains shaped by shifting tariff landscapes, and geopolitical developments. While uncertainty persists across key markets, Maersk continues to provide stable, reliable logistics solutions across ocean, air, inland, and customs services. In this update, we share the latest developments from across Asia-Pacific, highlight the actions ...

World’s largest solar-powered car carrier vessel completes maiden voyage

Tue, 08 Jul 2025 09:00:52 +0000
The world’s largest solar-powered car carrier, the “Yuan Hai Kou,” has successfully completed its maiden voyage, arriving at Greece’s Piraeus Port carrying 4,000 Chinese vehicles, China COSCO Shipping Corporation Limited has announced. The vessel features a 302.8-kilowatt solar system, the largest of its kind, which generates 410,000 kilowatt-hours of electricity annually and reduces carbon intensity ...

Women in Maritime Survey 2024 offers fresh wake-up call on gender diversity

Mon, 07 Jul 2025 21:00:58 +0000
As part of a broader cooperation between the International Maritime Organization (IMO) and Women’s International Shipping & Trading Association (WISTA), the IMO–WISTA Women in Maritime Survey 2024 presents data on the proportion of women working in the sector from member states and the private sector. It offers new insights following an inaugural survey, conducted in ...

Crew abandons ship attacked in southern Red Sea

Mon, 07 Jul 2025 21:00:58 +0000
The crew of an unidentified ship that was attacked off the coast of Yemen on July 6 was rescued by a passing merchant vessel, the UK Maritime Trade Operations said on X. The crew abandoned ship after being engaged by “multiple small vessels who have opened fire with small arms and self-propelled grenades” at 51 ...

Philippine nickel ore ban reversed, what are the impacts?

Mon, 07 Jul 2025 21:00:57 +0000
The Philippine government sought to introduce a ban on nickel ore exports from 2030 to enhance domestic processing capabilities and advance up the value chain. This decision was rescinded in mid-June, and this insight will look into the effects this will have on freight in the region. Why did the Philippines propose a nickel ore ...