IMO makes steady progress on the Net Zero Framework, with large majority continuing to back GHG pricing and centralised fund to support shipping’s transition

Panama Canal Postpones Neopanamax Draft Adjustment

The Panama Canal will maintain the current maximum authorized draft for vessels transiting the Neopanamax Locks which will allow customers to continue operating under the existing 14.63-meter…

• Panama Canal postpones Neopanamax draft reduction.
• Current maximum authorized draft remains 14.63 meters.
• Decision based on Gatun Lake levels and weather projections.

2h ago ·hellenicshippingnews.com

Local knowledge, global reach: How LR is supporting Germany’s shipping industry

Germany remains one of the world’s most influential maritime nations. Home to leading shipowners, operators, ports, shipyards and equipment suppliers, it sits at the centre of many of the decisions…

• Lloyd’s Register has strong local presence in Germany through Hamburg office.
• German shipowners face global tensions, fuel price increases, and decarbonisation challenges.

2h ago ·hellenicshippingnews.com

Scarcity of recycling tonnage pushes Indian yards towards highly speculative bids, says Wirana Shipping

Indian ship recyclers are increasingly prepared to bid at levels that could result in substantial losses based on current prices as competition for a limited number of end-of-life vessels intensifies…

• Indian ship recyclers bidding at loss-making levels due to scarcity of vessels.
• High-standard recycling facilities aggressively bidding for limited supply.
• Scarcity of vessels has become as important as steel value in determining prices.

2h ago ·hellenicshippingnews.com

Asia-US container rates rise, tanker rates ex-USG soften as Asia port congestion intensifies

Rates for shipping containers from east Asia and China to the US were mostly higher this week while rates for liquid chemical tankers ex-US Gulf were mostly softer, all while schedule reliability is…

• Asia-US container rates rise to 7,800/FEU, highest since mid-2022
• Tanker rates from US Gulf to Asia soften, chemical rates lower
• Port congestion in Asia intensifies due to three named hurricanes

2h ago ·hellenicshippingnews.com

Government nudged to expand its low-carbon efforts

The government must focus on a broader and more meaningful transition to a low-carbon economy because measures such as solar power promotion under its 200-billion-baht loan scheme are inadequate to…

1h ago ·bangkokpost.com

Content expands as IP gap widens

Thailand's digital content industry grew 6% in 2025, reaching a value of 53.4 billion baht as the intellectual property (IP) gap widens.

1h ago ·bangkokpost.com