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Sea

Drewry’s Intra-Asia Container Index shows a modest rise in early December and anticipates strength in January

Drewry, a leading independent maritime research consultancy, today announced that its Intra-Asia Container Index (IACI) rose by 6% in the first half of December...

Mitsui O.S.K. Lines’ Product Transport Business achieves $300B JPY profit, fuels major expansion in global chemical logistics

Mitsui O.S.K. Lines, Ltd. (MOL) announced that its Product Transport Business has delivered exceptional results for fiscal year 2024, reporting an ordinary profit exceeding...

Montenegro Shipping Lines boosts fleet with new RoPax vessel, MV Santa Juliana, enhancing inter-island connectivity

Montenegro Shipping Lines, Inc. (MSLI), a leader in Philippine inter-island maritime transport, today celebrated the official arrival and blessing of the MV Santa Juliana...

PISA convenes key industry leaders to navigate regulatory challenges and forge tourism partnerships

The Philippine Interisland Shipping Association (PISA) successfully held its general membership meeting at the Manila Golf and Country Club, bringing together key stakeholders from...

Montenegro Shipping Lines launches new State-of-the-Art ROPAX Vessel, MV Santa Dorothea

Montenegro Shipping Lines, Inc. (MSLI) achieved a significant milestone in its continuous fleet modernization program with the official launching of its newest Roll-On/Roll-Off Passenger...

Drewry WCI rises 2% as Asia-Europe rates surge, transpacific rates soften despite blank sailings

The Drewry World Container Index (WCI) recorded its second consecutive weekly increase, rising 2% to $1,957 per 40ft container, primarily driven by a significant...

President Marcos Jr. visits upgraded maritime training centers in Tacloban City

President Ferdinand R. Marcos Jr. visited the National Maritime Polytechnic (NMP) in Tacloban City on Friday, December 12, 2025, to inspect the training center’s...

Starlite Ferries launches “12.12 Sail and Save” promo: Offering up to 30% off to kickstart the New Year travel

Starlite Ferries, Inc. (SFI), a leading name in reliable and comfortable sea travel, today announced the launch of its highly anticipated, limited-time promotional campaign,...

MOL, SINOPEC, Marubeni sign MOU to establish long-term marine biodiesel fuel supply

Mitsui O.S.K. Lines, Ltd, (MOL), SINOPEC Zhejiang Zhoushan Petroleum Co., Ltd., and Marubeni Corp. have signed a Memorandum of Understanding (MOU) for the establishment...

Global shipping sector growth to continue deteriorating in 2026-Fitch Ratings

Fitch Ratings has maintained its deteriorating outlook for the global shipping sector, reflecting geopolitical and policy risks, according to an Outlook report released today,...

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