xclusiv S&P Report 14th October 2024

Pls find below the [xclusiv] S&P Report 14th October 2024 [xclusiv]…


Logistics giant DP World to boost UK trade with £1bn expansion of London Gateway

Global logistics giant DP World has today announced a £1bn expansion of London…


Egypt’s Suez Canal cuts transit, mooring fees for Red Sea yachts

Egypt’s Suez Canal Authority (SCA) announced Saturday a 20-50 percent…


US expands sanctions to Iran’s ‘ghost fleet’ of oil tankers

The United States expanded sanctions against Iran’s petroleum and…


Head of international shipping regulator says industry must do more to cut carbon pollution

For years, the international shipping industry has been criticized for making…


Anthony Veder pioneers wind-assisted propulsion on gas carrier

Anthony Veder proudly announces the launch of two VentoFoils sails onboard of…


LNG shipping battles fleet expansion, but rates to revive from 2026-27

Drewry expects 66 LNG carriers (LNGCs) to join the fleet this year, while 94…


Valenciaport exports its extensive connectivity for refrigerated traffic at Fruit Attraction

The Port Authority of Valencia participates this week in the international…


HHLA is joining the initiative for environmentally friendly shipping

Angela Titzrath, CEO of HHLA, signed the joint declaration for environmentally…


CEVA Logistics, Almajdouie Logistics finalize creation of joint venture in Saudi Arabia 

CEVA Logistics, a global leader in third-party logistics, and Almajdouie…


The IMO says it will act on Arctic Black Carbon Emissions from ships – so what happens next

In early October, the International Maritime Organization’s (IMO) Marine…


Indian Register of Shipping honoured at ShipTek International awards 2024

Indian Register of Shipping  is proud to announce its double recognition at the…


A close eye on Iranian oil flows to China amid heightened geopolitical risks

China’s seaborne crude imports fell from August’s year-to-date high to 9.7 mbd…


Wan Hai Lines implements biofuel usage, making a significant step towards carbon reduction goals

Wan Hai Lines is committed to environmental protection, has been upgrading…


Former Panama Canal administrator reflects on sovereignty milestone, national growth

Jorge Luis Quijano, former Panama Canal administrator from 2012 to 2019,…


ABP Humber welcomes Steven Clapperton as Head of Marine

Associated British Ports  is delighted to welcome Steven Clapperton as the new…


VLCCs softened last week

Clean LR2 LR’s in the MEG held steadfast this week. TC1 plateaued at WS115…


Modelling the policy impacts on emissions strategies, fuels and future costs

Achieving targets for maritime decarbonization relies on a complex mix of…


Rijeka Gateway to be fully powered by renewable electricity

Rijeka Gateway, the largest project in the logistics sector in Croatia, has…


ABP and Sarens enter into strategic collaboration to support Floating Offshore Wind at Port Talbot

Associated British Ports , the UK’s largest port operator, and Sarens, global…


Singapore and Shandong ink agreement for green and digital shipping corridor

The Maritime and Port Authority of Singapore and the People’s Republic of…


EU MRV heads offshore

The EU targets offshore vessels to monitor, report and verify, and ultimately…


K Line signed a joint study agreement for CCS feasibility study in Alaska, USA

First feasibility study for Japanese companies for realizing Cross-Border CCS…


Container market on the edge election uncertainty and global volatility to persist well into 2025

Pulling forward of orders to continue in Q4’24 as labor resolution postpones…


Maersk names latest vessel of its dual-fuel methanol fleet “Alexandra Mærsk” in Felixstowe

 A.P. Moller - Maersk has celebrated the naming of its latest dual-fuel…


Singapore and Shandong Ink Agreement for Green and Digital Shipping Corridor

The Maritime and Port Authority of Singapore (MPA) and the People’s Republic…


Turkey, Brazil are main buyers of Russian seaborne diesel after EU embargo

Turkey and Brazil have been the main importers of Russian seaborne diesel and…


Ukrainian Foreign Minister denounces Russian 'terrorist' attacks on shipping

Ukrainian Foreign Minister Andrii Sybiha on Monday denounced Russian missile…


ICOMIA and EBI launch International Standard Charter Terms and Conditions

The International Council of Marine Industry Associations, ICOMIA, and the…


Danish Shipping Industry honoured for contributions to global search and rescue efforts

Danish Shipping Headquarters in Copenhagen hosted the AMVER Awards, celebrating…


President & CEO Hashimoto addresses Maritime Nation Forum in Tomakomai, Hokkaido

Showcasing the Group's Initiatives to realise a Decarbonised Society Mitsui…


Maersk launches new Groveport, Ohio facility to service Levi Strauss & Co.’s omnichannel fulfillment

Maersk Warehousing & Distribution Services USA LLC, an A.P. Moller –…


Fuel quality remains critical issue for the maritime industry

Lloyd’s Register has released its Fuel Quality Report 2024, offering vital…


United States Maritime Administration selects ABS to support a US center for maritime innovation

The United States Maritime Administration’s  Office of Environment and…


VesselsValue Q4 2024 market outlook summary

Overview The forecast period up to 2027 suggests a mixed outlook across…


BIMCO approves first management agreement for autonomous ships

BIMCO’s Documentary Committee has adopted the AUTOSHIPMAN agreement in response…


Saudi Red Sea Authority issues first four codes to enhance coastal tourism infrastructure

The Saudi Red Sea Authority  has issued the first four industry-specific codes…


Europe & Africa Fuel Availability Outlook by ENGINE

Prompt supply is tight in the ARA HSFO is tight in Las Palmas Prompt VLSFO is…


V.Group opens expanded office in Chennai, bolstering organisation’s presence in India

New office will strengthen V.’s presence in the region and bring technical…


Hong Kong Chamber of Shipping launched to boost Hong Kong's status as int'l shipping hub

The Hong Kong Chamber of Shipping was officially established on Monday with an…


Danica and IMEQ collaborate for safety and wellbeing

Danica Crewing Specialists has partnered with the Innovative Maritime Emotional…


World Bank guide to setting up and operating a Port Community System is launched

Time, as they say, is money, and nowhere is this truer than in the…


Major pan-European navigational safety project approaches its final year

Scheduled to run for three years, The OCEAN project  is entering its final…


Bunker One launches physical LNG bunker supply

Bunker One, Bunker Holding’s physical supply division, is set to launch LNG…


BIMCO Shipping Number of the Week

Guyana’s oil exports jump 58 “Year-to-date, Guyana’s oil exports have jumped to…


Intermodal Report Week 40 2024

Pls find below the Intermodal Report - Week 40 2024 Intermodal Report Week 40…


Allied Weekly Market Review Week 40

Pls find below the Allied - Weekly Market Review - Week 40 ALLIED - Weekly…


Trafigura executes first purchases of renewable energy in North America

Over the past few months, Trafigura has executed its first wind power purchase…


IMO makes progress on net-zero framework for shipping

Marine Environment Protection Committee advances talks on proposed regulations…


South Korean Shipbuilders land KRW 2 Tril. in orders in a single day

The three major domestic shipbuilders—HD Korea Shipbuilding, Hanwha Ocean, and…


Ex-Middle East tanker freight shrugs off regional military escalation

Product tanker freight dips from end of September Maritime risk is high but…


Indian Register of Shipping hosts commemorative Golden Jubilee celebration event at Visakhapatnam

Indian Register of Shipping held a commemorative event of its Golden Jubilee…


Isle of Man Ship Registry expands fleet with four new energy efficient Berge Bulk vessels

The Isle of Man Ship Registry  is reinforcing its position as one of the…


Florida legislators present JAXPORT with 23 million for container crane purchase and refurbishment

JAXPORT will use the funding to purchase a new container crane for the port’s…


Wan Hai Lines implements biofuel usage, making a significant step towards carbon reduction goals

Wan Hai Lines is committed to environmental protection, has been upgrading…


SeaCube container leasing adds to its board of directors

Anthony Chiarello Named Chairman and Inna Kuznetsova Joins the Board  SeaCube…


xclusiv S&P Report 07th October 2024

Pls find below the [xclusiv] S&P Report 07th October 2024 [xclusiv]…


Port of Antwerp-Bruges a future-ready hub for chemical industry and energy transition

Port of Antwerp-Bruges has reinforced its position as a key hub for Europe’s…


Genco Shipping & Trading Limited acquire high-specification capesize vessel

Genco Shipping & Trading Limited, the largest U.S. headquartered drybulk…


BIMCO and the International Chamber of Shipping issue guide to help maritime industry reduce underwater noise

BIMCO and the International Chamber of Shipping have developed a guide which…


FuelEU Maritime’s Targets, Compliance, and Penalties

Introduction to FuelEU Maritime Regulation The FuelEU Maritime Regulation is a…


Weekly Market Highlights

This week's market highlights offer an  overview of recent trends…


Russia’s Shadow Tankers threaten Baltic Environmental Catastrophe

The environmental group Greenpeace has examined the risks that Russia’s shadow…


Thousands of shipping containers have been lost at sea. What happens when they burst open?

Russ Lewis has picked up some strange things along the coast of Long Beach…


With strike over, some US ports extending gate hours; container rates fall further

With the suspension of the strike at US Gulf and East Coast ports until 15…


VLCC Market on the Rise

Clean LR2 LR’s in the MEG were back to being subjected to downward pressure…


In-depth look at the RoRo Market challenges and trends in 2024

This year, the AntwerpXL  conference will introduce an exciting new addition to…


Shipping climate goals at risk as IMO fails to take improved energy efficiency seriously

Spain, Germany, Netherlands, Belgium, and Japan must steer clear of slowing…


IMO sets clear pathway for future black carbon regulation

The Clean Arctic Alliance welcomed progress by the International Maritime…


Egypt to import 7 LNG shipments in October

The Egyptian Ministry of Petroleum and Mineral Resources is planning to import…


Chart of the Week: Dirty Tankers - Red Sea

This week’s chart highlights a notable decline in the quarterly vessel…


New CEO for Wilhelmsen Ship Management

Wilhelmsen Ship Management today announces the retirement of Carl Schou after…


How will German carmakers be affected by US port strikes?

The US is seeing one of its biggest port closures in nearly half a century…


The North Sea semisub market may seem buoyant, but looks can be deceiving

The North Sea semisubmersible (semisub) market hit 100% utilisation at the…


First State of the Industry Snapshot provides unprecedented insight into connectivity and wellness at sea

Unique data is being used to create a series of ‘snapshots’ into the state of…


Watson Farley & Williams advises MET Group on LNG tonnage investment 

Watson Farley & Williams (“WFW”) advised MET Group (“MET”) on its…


Maersk nears its 'Equal At Sea' 2027 Goal achieves 45% women cadets intake in India for 2024

Maersk’s Indian women seafarers surge from 41 to over 350 in just three years…


COSCO SHIPPING  celebrated the naming and delivery of its 77,000-DWT multipurpose Pulp Carrier “GREEN SALVADOR”

COSCO SHIPPING Specialized Carriers celebrated a significant milestone with the…


APM Terminals extends concession for ACT in Jordan

Extension agreement was approved this week by the Cabinet in Amman Since 2006,…


Message from the President on the 139th Anniversary of NYK’s Founding

NYK President Takaya Soga addressed the group’s employees on October 2 to mark…


Alphard Maritime looks to set up a 500 million shipping fund in IFSC gift city

Alphard Maritime Group plans to set up a $500 million shipping fund in the…


Sanctioned tanker with LNG cargo passes via Suez Canal, data shows

The Pioneer tanker, sanctioned by the United States over its links to…


Strategies for meeting upcoming decarbonization targets

Driven by EU regulations and IMO goals, the maritime industry is maintaining…


New seafarer law could have wide-reaching impact

The Philippine government recently passed the Magna Carta for seafarers,…


Brent oil traders use little known rule to reroute US cargoes

Big energy merchants trading oil cargoes that form the basis of the Brent…


Chart of the Week: US port strikes - New Orleans congestion

This week's focus is on the U.S. port congestion amid recent port…


Flex LNG finalize $430 million in new financings

Flex LNG announced that the aggregate $430 million of new financings announced…


Europe & Africa Bunker Fuel Availability Outlook by ENGINE

Northwest Europe Prompt availability of LSMGO remains very tight in Rotterdam…


KEZAD group launches media production company, KZ media

“KZ Media” is a comprehensive platform specialised in visual content production…


MOL president & CEO Hashimoto welcomes new employees at company's entrance ceremony

Becoming a Resilient Global Enterprise by Balancing Growth and Stable…


Stephen Robinson heads up bunker desk at Tankers International

Pool partners benefit from supercharged fuel procurement strategies Tankers…


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