Enabling Energy Transition in the transport sector - New funding opportunities for port operators and shipowners

The European Commission published a call for proposals under the “Connecting…


Watson Farley & Williams advises Danaos on US$450M newbuilding vessel financing

Watson Farley & Williams (“WFW”) advised Danaos Corporation (“Danaos”) on a…


Updated transit levels at Panama Canal don’t faze LNG shippers

Despite a recent announcement that the Panama Canal Authority is set to add a…


The Oil Price Cap – requirement to provide voyage attestations and alert from the Price Cap Coalition

Changes to the Oil Price Cap Reference is made to Circular from 1 February 2024…


Downward Trend Continued for the VLCC Market

Clean LR2 In the MEG this week LR2 freight received a welcome upturn in…


Any new US sanctions on Iranian oil unlikely to disrupt crude flows to China

China’s appetite for Iranian crude is unlikely to slow as the US mulls new…


Priorities of Europe’s seaports for 2024-2029

In view of the upcoming EU elections, the European Sea Ports Organisation…


BHP says it aims to receive first ammonia-fuelled bulk carrier in 2026

Australia’s BHP Group is planning to receive its first ammonia-fuelled bulk…


Grimaldi Shangai inaugurated its offices

The Italian shipping group strengthens its presence in China  Grimaldi Shipping…


West African crude tanker rates soften amid regional tonnage overhang

Freight rates for the West African dirty tanker segment have declined…


Maritime highlights at the 835th HAMBURG PORT ANNIVERSARY

With around 250 ships taking part, the HAMBURG PORT ANNIVERSARY offers guests a…


Improved offering and triple-digit ro-ro growth at Vado Gateway

For a terminal typically renowned for its reefer expertise, a 284% year-on-year…


BIMCO Shipping Number of the Week

Iron ore shipments up 3.8% despite weak Chinese deman "In the first quarter of…


Baltic index dips on weaker capesize rates

The Baltic Exchange’s dry bulk sea freight index slipped on Monday as lower…


SFL acquisition of two LNG dual-fuel chemical carriers in combination with long term employment

SFL Corporation announced that it has agreed to acquire two LNG dual-fuel…


Merger of MOL group companies to form Core Company in the Philippines

Pursuing Business Development in the Philippines, a Nation positioned for…


xclusiv S&P Report 22nd April 2024

Pls find below the [xclusiv] S&P Report 22nd April 2024 [xclusiv]…


Yemen’s Houthis conduct ‘operations’ in Indian Ocean, leader says

The leader of Yemen’s Iran-aligned Houthis, who have been attacking shipping…


Future of Russian LNG carriers being built for Arctic LNG 2 project uncertain

LNG shipping market participants are divided over the fate of six Arc7 LNG…


Singapore bourse to boost freight derivatives with pursuit of Baltic Exchange

Singapore Exchange’s (SGX) bid to buy London’s Baltic Exchange is aimed at…


World trade set for rebound

The World Trade Organization (WTO) has predicted a gradual recovery in global…


Shipping industry urges UN to protect vessels after Iran seizure

Merchant ships and seafarers are increasingly in peril at sea as attacks…


Maersk enhances ME2 service between India and North Europe ensuring shorter transit times

Adds the ports of Rotterdam, Felixstowe and Bremerhaven to the ME2 service…


Ukraine, Turkey and Algeria gain prominence in traffic with Valenciaport

The Valenciaport Statistical Bulletin shows that in the first three months of…


APM Terminals a committed partner to governments and communities

Our office in Singapore is right at the junction of global trade. Every year,…


Cleethorpes coastline hosts the ABP Humber Coastal Half Marathon and 10k 2024

Inspired by the London Marathon? The chance to pound the streets right here in…


Yang Ming revamp Far East-East Coast of South America Service

Yang Ming Marine Transport  is delighted to announce the upcoming…


DNV awards certificates for Fortescue’s dual-fuelled ammonia-powered vessel during Singapore Maritime Week

Classification society DNV presented Australian green technology, energy and…


IMO stalwart Rear Admiral Peter Brady retires from helm of the Maritime Authority of Jamaica

Maritime Authority of Jamaica’s Director General, Rear Admiral  Peter Brady,…


Geopolitical volatility keeps year to date YTD container leasing rates elevated

China to North America leasing rates surge in Q1 2024 to new levels as…


Diamond Line is stocking up NET2 service

5,668 TEU vessel Xin Xia Men is making her debut on NET2 Feeder and Short Sea…


Is the decline in global piracy over?

The number of global piracy and armed robbery incidents increased again in…


Joint industry open letter to the United Nations Secretary General following the seizure of the MSC Aries

A joint industry open letter has been sent to the United Nations Secretary…


World Container Index Down 3% Last Week by Drewry

Drewry’s World Container Index decreased by 3% to $2,719 per 40ft container…


Anti-fouling shipping regulation strengthens marine environment protections

The new UK legislation implements an international convention prohibiting the…


Israel - port situation

The situation in Israel and Gaza and the surrounding sea areas remains…


Geopolitical conflict threatens yet another shipping choke point

It’s a stark fact: more than 80% of global goods trade is transported by sea.…


AD Ports Group signs strategic agreement with ADNOC distribution for marine lubricants supply

AD Ports Group, the leading facilitator of global trade, logistics, and…


MABUX Bunker Outlook Week 16 2024

The Bunker Review was contributed by Marine Bunker Exchange (MABUX) During Week…


Baltic index gains as rates firm for all vessels

The Baltic Exchange’s main dry bulk sea freight index rose on Wednesday, aided…


BSM launches Smart Academy programme innovating maritime education

Bernhard Schulte Shipmanagement introduces a new educational programme for…


Americas clean tanker rates to stay volatile at elevated floor in Q2 as exports grow

Americas clean tanker rates are expected to continue their volatility at…


EU pledges 3.5 bln euros to protect the ocean

The European Union will spend 3.5 billion euros ($3.71 billion) to protect the…


Shipping freight rates may rise following Iran vessel seizure, attack on Israel

Shipping freight rates may rise in response to increased tension and…


Singapore aims for over 1 mln tons of low-carbon methanol bunker supply by 2030

Singapore has the potential to supply over 1 million metric tons of low-carbon…


Wallenius Wilhelmsen joins the First Movers Coalition

As we move forward with our Shaper Class newbuilding program and continue to…


Rio Tinto’s first-quarter iron ore shipments fall 5%, missing estimates

Rio Tinto reported a 5% fall in its first-quarter iron ore shipments on…


Europe & Africa Bunker Fuel Availability Outlook by ENGINE

Northwest Europe LSMGO availability in the ARA has tightened slightly as some…


Asia Fuel Oil-HSFO discount narrows on firmer bid but trade lull continues

Spot discounts for high sulphur fuel oil narrowed on Wednesday amid the…


IFAN supports UNESCO and IALA to provide ocean literacy training for marine Aids to Navigation managers

In a collaborative effort to enhance ocean literacy, safety at sea and the…


Idwal unveils Social Impact Report, providing unprecedented transparency into crew conditions at Sea

Comprehensive Data-Driven Assessment Empowers Maritime Stakeholders to…


Baltic index gains as rates firm for all vessels

The Baltic Exchange’s main dry bulk sea freight index rose on Wednesday, aided…


Baltimore’s alternate shipping channels not deep enough, Maersk says

The Baltimore port’s alternate shipping channels are not deep enough to…


MOL Magsaysay Maritime Academy welcomes students from Japanese Merchant Marine Academies

Contributing to Global Human Resources Development through International…


Panama Canal Announces New Measures Regarding Number of Transits and Maximum Draft

The Panama Canal Authority has unveiled a series of measures aimed at…


China’s CNOOC stockpiles Russian oil at new reserve base, traders, tanker trackers say

State-run China National Offshore Oil Co, one of the country’s top importers…


Greener marine operations will require leaner crews and smaller ships

Marine robotics pioneer Ocean Infinity is actively pursuing the…


Russia’s seaborne oil product exports fell in March, calculations show

Russia’s seaborne oil product exports fell 4.2% in March from the previous…


China imported record amounts of crude oil in 2023

China, the world’s largest importer of crude oil, imported 11.3 million…


Coastal Sustainability Alliance boosts development and adoption of Maritime Biofuel In Singapore

The Coastal Sustainability Alliance (CSA), an industry collaborative effort led…


German, Belgian and Dutch ports Europe, join forces to preserve the industry

For years, the conversation between ports has been dominated by the question of…


Baltic index hits near 3-week high on firm demand across segments

The Baltic Exchange’s main dry bulk sea freight index climbed to its highest…


Eureka Shipping announces construction of new cutting-edge cement carrier for Great Lakes Trade

Eureka Shipping, a leading provider of sustainable, high-efficiency cement…


AD Ports Group establish its Youth Council

AD Ports Group , a leading global facilitator of logistics, industry and trade,…


Ocean Network Express launches Green Shipping Solution – ONE LEAF+

Ocean Network Express, a leading global shipping company, announced the launch…


BIMCO Shipping Number of the Week

COVID pandemic wiped 24.6 million TEU off container market growt "Due to the…


Intermodal Report Week 15 2024

Pls find below the Intermodal Report - Week 15 2024 Intermodal Report Week 15…


Allied Weekly Market Review Week 15

Pls find below the Allied - Weekly Market Review - Week 15 ALLIED - Weekly…


TFG Marine acquire majority ownership of Spanish bunkering company Vilma Oil Med

TFG Marine and Vilma Oil,  announce that TFG Marine has agreed to acquire…


Uncharted Territories: Geopolitical Tensions and Hidden Risks in International Shipping

Shipping warned of increasing risks as governments struggle to contain…


New report provides a blueprint for how ports can supply green methanol and ammonia by 2030

The Global Maritime Forum and RMI (founded as the Rocky Mountain Institute),…


Iran says MSC Aries vessel seized for ‘violating maritime laws’

A Portuguese-flagged cargo ship, the MSC Aries, was seized by Iranon April 13…


Somali pirates free Bangladesh cargo ship after ransom paid

Somali pirates released the hijacked ship MV Abdullah on Sunday after its…


Beware: Increase in cases of broken mooring lines

Gard has recently registered several incidents of broken mooring lines having…


The good call APM Terminals and Port of Kalundborg win Danish sustainability award

APM Terminals and the Port of Kalundborg, Denmark have won the 2024…


State of the art Border control posts ready to keep the Humber trading

Staff and facilities are in place ready for the opening of the Border Control…


Scandinavian CO2 cooperation crucial in establishing European CO2 infrastructure

New agreements with Norway and Sweden now enable the transport of CO2 across…


Setting sail for the future Hapag-Lloyd unveils its new strategy 2030

Building on the successes of Strategy 2023, Hapag-Lloyd’s Strategy 2030…


Drydocks World Steel Cutting Ceremony marks start of UK Norfolk Vanguard Offshore Wind Platforms project

Drydocks World hosted a steel cutting ceremony to mark the official start of…


North Pacific Green Corridor Consortium forms new Corridor

Global industry leaders from North America, Asia and Europe announced  the…


Growing steadily SMM 2024 expects more visitors and exhibitors

From 3 to 6 September, SMM 2024 will once more be the maritime industry’s…


ICTSI gets PPA OK to operate Iloilo Port

International Container Terminal Services, has received regulatory approvals to…


Cargo growth continues at Port of Long Beach in March

Strong consumer demand drives increase in trade for seventh consecutive month…


xclusiv S&P Report 15th April 2024

Pls find below the [xclusiv] S&P Report 15th April 2024 [xclusiv]…


Odfjell introduces an innovative transition finance framework

Odfjell has passed another significant milestone on its transition journey…


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