Asia-US Container Freight Rates Fall In Off-Season Freightos expects front-loading ahead of Lunar New Year to drive down prices. While the slow shipping season ahead of Lunar New Year has depressed container freight rates from Asia to the US coast, there are still many factors that affect freight rates in the long term. According to […]
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Philippine Coast Guard plane flies over South China Sea. Philippines to soon choose venue for second South China Sea case against Beijing. The Philippines will soon decide to sue China on an international platform for alleged damage to the marine environment, the country’s attorney general said, in its second high-profile legal challenge over the South
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Chinese Navy Commissions First Type 054B Next Gen Frigate The Chinese Navy commissioned the first two new-generation Type 054B frigates today in Qingdao, Shandong. The ceremony marked a major milestone for the Hudong Shipyard, which unveiled the first hull modules in Shanghai around December 2022. The Hudong Shipyard launched the hull in August 2023, and
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Britain warns Putin after Russian spy ship returns to UK waters The British warship HMS Somerset conducted surveillance on the Yantar near UK waters earlier this week. The UK’s defence secretary said the Royal Navy was monitoring a Russian spy ship after it entered UK waters earlier this week. John Healey said the Yantar was
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USS Philippine Sea Leaves Norfolk for Final Deployment The Ticonderoga-class guided-missile cruiser USS Philippine Sea (CG 58) has sailed for its final mission after 35 years of service. The Philippine warship departed Naval Station Norfolk on Monday for a scheduled tour of duty in the U.S. 4th Fleet area of operations. “This ship and crew
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Trump Faces Houthi Threat In Red Sea As Gaza Ceasefire Fragile The Iran-backed Houthis, who have attacked ships in the southern Red Sea and Gulf of Aden, have said they will stop their attacks during the Gaza ceasefire, but only if it lasts. Last year, the Houthis launched missile and drone attacks on nearly 200
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Marine Corps Commandant Says Moving Marines from Okinawa to Guam ‘Puts Us on the Wrong Path’ Marine Corps Commandant Gen. Eric Smith says a plan to move 4,000 Marines from Okinawa to Guam will take those troops away from where they are needed. Marine Corps Commandant Gen. Eric Smith warned Wednesday that the ongoing move
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Seaboard Marine Takes Delivery of Newest LNG Containership US shipping company Seaboard Marine has launched its newest V-class LNG-powered containership, the Seaboard Verde. The vessel is 247.9 meters long, can carry up to 3,500 twenty-foot equivalent units (TEUs), and is equipped with more than 1,000 refrigerated container jacks. It will serve ports throughout the Americas,
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A Russian ship intercepted by the United States sank due to an explosion in the engine room. The Russian Foreign Ministry confirmed that the Russian cargo ship Ursa Major sank in the Mediterranean Sea between Spain and Algeria due to an explosion in the engine room. According to the ministry, 14 crew members were rescued
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12 crew members of a bulk carrier in Paradip Port, India, released after being detained for a year in a cocaine raid After being detained for more than a year at Paradip Port in Odisha, 12 of the 21 bulk carrier MV Debi crew members have been allowed to leave, The Times of India reported.
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