Rally in freight rates continued, with the composite index rising for the third week this month. Our detailed assessment for Thursday, 21 May 2026 • The Drewry World Container Index (WCI) increased 6% to $2,712 per 40ft container, mainly due to higher freight rates on the Asia to Europe trade...
U.S. government scientists said on Thursday they expect a below-normal Atlantic tropical storm season in 2026, likely producing one to three major hurricanes with sustained winds of at least 111 miles per hour (179 kph).Officials from the National…
SYOS has introduced the SU10 uncrewed underwater vehicle (UUV) to extend and strengthen its multi-domain autonomous uncrewed portfolio across air, land, sea to subsurface.The SU10 is designed for mine countermeasures (MCM), critical subsea infrastructure…
In partnership with NOAA, 10 Saildrone Explorer USVs will gather near-real-time data from inside extreme storms to improve rapid intensification forecasting and protect coastal communities.The danger posed by a tropical cyclone is exceptionally severe when a storm undergoes rapid intensification…
France has drafted a U.N. Security Council resolution on setting up an international mission to restore movement in the Strait of Hormuz and could submit it if conditions are right, the foreign ministry said on Friday, as Washington struggles… Read…
A Third Qatari liquefied natural gas tanker is transiting the Strait of Hormuz and heading to China, ship-tracking data showed on Friday, as a Qatari negotiating team arrived in Tehran to try to help secure a deal to end the…
Iran’s publication of a new map asserting its control over the Strait of Hormuz risks extending an already punishing ordeal for thousands of mariners trapped on ships in the Gulf.More than 20,000 sailors are stuck on around 2,000 vessels in…
CMA CGM delivered a resilient first quarter, but the numbers underscore the increasingly complex environment facing the global container shipping and logistics giant.The Marseille-based group reported first-quarter revenue of $13.23 billion… Read Full Article on MarineLink News »