The UK Emissions Trading Scheme includes shipping from July 1. Its scope is far narrower than its EU cousin, but administrative hassles still loom for companies

Wah Kwong Maritime Transport transforms itself into a fully-fledged owner-operator as shifting global trade routes drive sustained demand for versatile mid-sized bulkers

Once upon a time

hhhhsss

The security dynamics in the Red Sea may have changed, but analysis of vessel-tracking data reveals this has done little to reassure the majority of those that diverted to the Cape of Good Hope in the early days of the crisis

Recourse probably ruled out after dark fleet collision, Heinrich warns

Greek ports are finally attracting attention for their strategic location, as well as commercial potential

After last week’s surge in freight indices, market optimism has grown. Analysts predict the strong momentum could continue into the summer peak season, but the rapid increase in transpacific capacity may suppress further rate hikes

Vessel traffic has partially resumed at Houthi-held Al Salif port, with a new ship arriving on Saturday for the first time since early May

Container line operators are willing to pay premium rates for short-term fixtures, as US tariff uncertainties means carriers are reluctant to commit to long-term charters

Spot rates still down year on year, but gap narrowing for transpacific trades; Israeli officials estimated the May 16 air strikes would cripple Al Saleef and Hodeidah for a month; In near term, upside seen from Opec+ production increases; in longer term, demand may not keep pace with supply

Folk Maritime has made a rapid ascent in regional shipping. In just over a year, the Saudi-backed carrier has launched multiple services, all while navigating complex security challenges in the Red Sea. Its ambitions don’t stop there; in an exclusive interview with Lloyd’s List, Folk Maritime chief executive Poul Hestbaek says this aggressive growth strategy will continue with further fleet expansion and more services