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Major Carriers Back Maritime Decarbonization as Fuel Market Evolves

Maersk, CMA CGM, MSC, COSCO SHIPPING, Hapag-Lloyd, ONE, and Evergreen Commit to Maritime Decarbonization; Trillion-Dollar Marine Fuel Market Sees Latest O...

2026-05-07

Maersk and Scorpio Tankers American-Flagged Vessels Transit Strait of Hormuz

Reuters reports that an oil tanker owned by Scorpio Tankers has become the second US-flagged vessel to exit the Middle East Gulf under the protection of t...

2026-05-07

Reversal! HMM Union Drops Opposition, Headquarters Relocation to Busan Confirmed

On May 4, the HMM labor union signed an agreement with management, formally abandoning its opposition to the headquarters relocation plan and consenting t...

2026-05-06

Five Major Shipping Lines Have Over 30 Vessels Trapped in the Strait of Hormuz

According to data from Sea Explorer, as of April 28, 2026, the world's top five container liner companies had deployed a combined total of 34 vessels with...

2026-04-30

COSCO SHIPPING Holdings Achieves RMB 5.877 Billion in Net Profit Attributable to Parent Company in Q1 2026

​In April 2026, COSCO SHIPPING Holdings released its first-quarter report for 2026.

2026-04-30

VLCC Idle Rate Climbs to 55%! Tanker Owners Grapple with Scarcity of Physical Cargoes

Recent data reveals a sharp increase in the number of idle crude oil tankers globally.

2026-04-29

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