Global shipping is experiencing a significant turnaround as Red Sea transits have surged by more than 35% in recent weeks. This increase brings traffic close to the levels seen before the Houthi crisis disrupted maritime routes. Major shipping companies such as Maersk, MSC, and CMA CGM have fully resumed using the Suez Canal, which has cut transit times by 10 to 12 days compared to the longer route around the Cape of Good Hope. This shift is reshaping global trade patterns an
Maritime Cargo Chronicles (MCC) reports that Chinese shipowners are firmly dominating the secondhand Capesize and Newcastlemax market in 2025, with Winning Shipping emerging as the most aggressive buyer in the segment. Winning Shipping is closing in on double-digit Capesize acquisitions this year, having completed six Newcastlemax deals within just a few months. The latest purchase involves an 18-year-old heavyweight Newcastlemax, acquired for an undisclosed price, underscori
Date: 4 November 2025 Source Adaptation: Maritime Cargo Chronicle | Industry Monitoring Desk A serious maritime incident has unfolded off the coast of central Vietnam, where the Liberian-flagged Capesize bulk carrier Star Bueno (178,978 DWT) grounded during severe weather conditions, triggering flooding concerns and drawing urgent attention from Vietnamese maritime authorities as Typhoon Kalmaegi advances toward the same region. Incident Overview According to official con