WAF Suezmax market surges amid support from USG, tighter tonnage list

The West African Suezmax market saw a drastic increase in freight rates and…


World Container Index down by 1% last week by Drewry

Drewry’s World Container Index decreased by 1% to $2,795 per 40ft container…


Trade growth likely to pick up in 2024 in spite of challenging environment

The latest edition of the WTO’s “Global Trade Outlook and Statistics” foresees…


Russian oil and products trapped on tankers hit by new Iran-related sanctions

Russian oil and products have become trapped at sea on four tankers after the…


Americas midsize crude tanker intertrade to drive freight as TMX expected online at end-Q2

Freight for ships carrying crude in the Americas is expected to remain wrapped…


International Chamber of Shipping statement on the seizure of containership MSC Aries

International Chamber of Shipping statement on the seizure of containership MSC…


Wilhelmsen partners with AD Ports Group and Inveco LLC to enhance trade along Middle Corridor

Wilhelmsen Port Services joins forces with AD Ports Group and Inveco LLC to…


The supply of clean drinking water to ships’ crews

Access to safe and clean drinking water to sustain life is one of the most…


VLCC market down a bit last week

Clean LR2 In the MEG this week LR2 freight continued to crumble this week. The…


Leading Maritime Cities Report 2024: Amid a sea of change, Singapore retains top spot

Singapore has retained its title as the leading maritime city in the world,…


Americas Fuel Availability Outlook by ENGINE

North America Bunker demand was buoyant in Houston this week following a…


Escalating Middle East tensions Trigger projected usrge in war risk premiums and freight rates

In a significant escalation of tensions in the Middle East, Iran's capture of…


Marine Pollution Clean Arctic Alliance welcomes Denmark’s banning of scrubber wastewater discharges

The Clean Arctic Alliance  welcomed the Danish government’s announcement that…


Indian Register of Shipping announces technology hire at senior management

Indian Register of Shipping, a leading international classification society,…


US investigators interview ship personnel in Baltimore bridge collapse

U.S. National Transportation Safety Board chair Jennifer Homendy said at a…


Loss of purchasing power across the global continues to fuel cargo crime

In the recently published Annual Cargo Theft Report 2023 TT Club and BSI…


New study offers critical safety recommendations for establishing Green Shipping Corridors

The Maritime Technologies Forum (MTF) has today released a new report…


EU Tanker import tonne mile demand up 12% as ships avoid Red Sea Area

In 2023, sanctions on Russian oil exports by the EU caused a major shift in…


Global tanker freight rates seen elevated in Q2 on refinery margins; maintenances to cap gains

Global dirty and clean tankers freight rates are expected to remain elevated…


Baltic index hits one-week high as larger vessel rates rise

The Baltic Exchange’s dry bulk sea freight index rose to a one-week high on…


Time Charter for Flex Endeavour extended to 2032

Flex LNG announced that the charterer of Flex Endeavour has exercised an option…


Europe is set to continue to rely on Russian LNG in short term

More than two years after Russia launched its invasion on Ukraine, natural gas…


Port of Salalah pilots innovative solution to tackle freshwater scarcity

The Port of Salalah, Oman is piloting an innovative solution to tackle…


MABUX Bunker Outlook Week 15 2024

During Week 15, the MABUX global bunker indices experienced a marginal decline.…


Wan Hai Lines holds ship naming ceremony for new vessels accompanied by a charity donation

Wan Hai Lines held ship naming ceremonies for WAN HAI 372 and WAN HAI 376…


Siem announced the sale of 9 vessels to major shareholder

Siem Offshore  has agreed to sell 9 of its vessels (Siem Barracuda, Siem…


Maridive Group selects DNV ShipManager for fleet management

The Maridive Group, known for its 40 years of expertise and a strong track…


WAF VLCC market stabilises following volatile first quarter

The West African market for Very Large Crude Carriers has seen freight rates…


March U.S. Import Container Volume continues strong trajectory

In March 2024, U.S. container import volumes increased 0.4% from February, but…


Human Capital Management is the key to delivering a sustainable future for maritime, says Thetius Report

A new report by maritime research specialist Thetius, with insights and…


Singapore’s EU ETS liabilities of €330m can accelerate green shipping initiatives, says OceanScore

Singapore-registered vessels will be required to contribute a significant…


Danish Shipping recognises ban on discharge of scrubber water

A broad political majority has reached an agreement to ban the discharge of…


Torvald Klaveness expands Asian foothold with opening of new office in Japan

Torvald Klaveness is pleased to announce a commercial presence has been…


Valenciaport promotes the infrastructures and services of the Port of València in Seatrade

The Port Authority of València  is participating from 9 to 11 April in…


BIMCO Shipping Number of the Week

EU tanker import tonne mile demand up 12% as ships avoid Red Sea are "In 2023,…


The Port of Riga is working together on port sustainability, energy and digitalisation

The port of Riga has become one of the founders of the Association of Four Sea…


APM Terminals Gijon welcomes largest container vessel in port’s history

This month, APM Terminals Gijón efficiently operated the largest container…


Bigyellowfish welcomes Dr Linda Sorensen to Executive Leadership Team

The shipping veteran joined the company in Q1 2024 as a Co-founder and its…


Iran says it can close Hormuz Strait, views Israeli presence in UAE as threat

The commander of Iran’s Revolutionary Guard’s navy said on Tuesday Israel’s…


Maersk employees innovate a system to deliver fresh water from Maersk’s vessels to ports

The pioneering project optimises an existing fresh water generation system…


UK and Japan align efforts to accelerate maritime autonomy

Organisations engage in UK-Japan workshop to explore innovative possibilities…


Monjasa Holding equity exceeds 400m following second-best financial year

In another year of high volatility across the global shipping markets,…


New team to lead NORDEN’s FST business unit

As part of Christian Vinther Christensen, COO, Freight Services & Trading ,…


Korean Shipbuilders Enjoy Increases in Orders for LPG and LNG Carriers in Q1 2024

While global ship orders in 2024 fell from 2023, orders for high-value-added…


Wallenius Wilhelmsen secures another substantial multi-year contract

Wallenius Wilhelmsen recently signed another significant multi-year contract.…


Sealenic's virtual AI assistant makes accessing information in shipping simple and efficient

Flagship Founders, a venture studio that builds technology ventures for the…


Maritime and Port Authority of Singapore and ST Engineering AirX collaborate on Wing-in-Ground trials

The Maritime and Port Authority of Singapore will collaborate with ST…


Baltic index extends decline as larger vessel rates dip

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying…


Seafarer charity Stella Maris warns of increased levels of depression and anxiety among Ukrainian seafarers

Living with war for more than two years is piling pressure onto Ukrainian…


ABS Northern Europe Regional Committee addresses Clean Energy Strategies and the cost of compliance

The impact of market-based measures and the cost of compliance in shipping’s…


Intermodal Report Week 14 2024

Pls find below the Intermodal Report - Week 14 2024 Intermodal Report Week 14…


Allied Weekly Market Review Week 14

Pls find below the Allied - Weekly Market Review - Week 14 ALLIED - Weekly…


VIKAND and Neuron Partner transform onboard medical services

VIKAND, a global leader in maritime healthcare, and Neuron, a Quality of…


Korea Marine Industry Association joins ICOMIA

The International Council of Marine Industry Associations, ICOMIA, is delighted…


Overcapacity still plaguing container shipping

On 26 March 2024, a 9,971 teu container vessel ‘DALI’ collided with the…


Black Sea grain exports beating early market ideas by substantial degree

Ukraine, particularly in the last few months, has been exporting much more…


IAPH Environmental Ship Index enters a new era

The Environmental Ship Index (ESI) – the established global standard for ports…


Baltic index slips to near 2-month low on weaker vessel rates

The Baltic Exchange’s dry bulk sea freight index slipped to its lowest level…


MOL and Tokyu Hotels & Resorts' Recruitment Alliance begins in Full Force

1st Group of Technical Intern Trainees and Chefs arrived in Japan Mitsui O.S.K.…


UK Maritime Minister, Lord Davies, learns about ABP’s ambitious plans for Port Talbot

Associated British Ports  was delighted to welcome Maritime Minister, Lord…


The Blue Dot Network begins global certification framework for quality infrastructure, hosted by the OECD

The Blue Dot Network, the first global certification framework for quality…


Batumi International Container Terminal welcomes enhancement to MSC’s Batumi Gioia Tauro service

Batumi International Container Terminal, International Container Terminal…


Maersk’s new warehouse in Sri Lanka to strengthen integrated logistics solutions for customers

The new 100,000 sq. ft. facility, with export consolidation and 3PL services,…


xclusiv S&P Report 08th April 2024

Pls find below the [xclusiv] S&P Report 08th April 2024 [xclusiv]…


Enhanced collaboration in a competitive landscape the key to the future, says Thomas Nordberg

Improved industry cooperation is key to ensuring the maritime industry meets…


It’s vital that training is fit for purpose says Capt Pradeep Chawla of MarinePALS

The launch of a formal survey by the UK’s Maritime and Coastguard Agency of…


The València Port Authority receives four bids for the construction of the North Terminal

The Port Authority of València  has received four bids on the platform up to 1…


Eagle shareholders approve merger with Star Bulk

Eagle Bulk Shipping Inc. today announced that its shareholders voted in favor…


Getting ready for FuelEU Maritime

In less than a year, FuelEU Maritime enters into force, meaning that vessels…


Baltimore can use grant to boost cargo shipments, US transport department says

The U.S. Transportation Department said it reached an agreement with Baltimore…


Shipping disruptions in the Red Sea: Local shock, global impact

Recent attacks on ships navigating along the Red Sea have led vessels to…


World Container Index down by 3% last week according to Drewry

Drewry’s World Container Index decreased by 3% to $2,836 per 40ft container…


Can onboard carbon capture tech clean up the shipping sector?

This may look like some crates on a cargo ship. But it’s actually an onboard…


Dry Bulk Market: Capesize Market Ends the Week in Negative Territory

Capesize The Capes started the week off slowly but gradually gained momentum.…


ATPI Marine Travel unveils new holistic crew change Logistics solutions

ATPI Marine Travel, a leader in the global marine travel sector, has launched a…


AtoB@C Shipping takes delivery of Stellamar

AtoB@C Shipping has l taken delivery of Stellamar, the second in the series of…


The Port of Riga is included into X-Press Feeders green shipping corridor

In Hamburg, the Port of Riga, together with five other European ports -…


ClassNK issues SOF for analysis of hull performance and operational profile for ship in service

Third-party verification for analysis results from “CMP-MAP”by Chugoku Marine…


Indian Register of Shipping commences celebrations as it enters 50th year

Indian Register of Shipping , a leading classification society, enters its 50th…


X-Press Feeders signs MOU with six European Ports for Green Shipping Corridors

European Ports Forge Alliance to Propel Green Shipping Initiatives X-Press…


MOL invest in Novastar Ventures, one of Africa's largest Venture Capital Firms

Expanding Business in Africa, addressing social issue Mitsui O.S.K. Lines,…


Peel Ports Group seeking bids for 750 million construction works

New long-term framework covers projects across the Group’s entire portfolio of…


VLCC Market Stabilized Last Week

Clean LR2 In the MEG this week LR2 freight lost steam as tonnage availability…


IMO announces new group of emerging leaders to join green shipping training programme

Maritime professionals from 14 small island developing states (SIDS) and least…


To arbitrate or not: Does it “matter”?

The UK Supreme Court's key decision on 20 September 2023 in…


Second channel opens around collapsed Baltimore bridge, but not for shipping

Recovery teams opened a second channel enabling smaller vessels to navigate…


ITIC underscores importance of vessel design reviews following recent 5 million claim​​​​​​​

International Transport Intermediaries Club has highlighted the importance of…


Baltimore bridge collapse reveals a critical gap in federal government’s port protection powers

As the Dali container ship neared the Francis Scott Key Bridge after losing…


Scrubbers the solution to pollution is… Stop using dirty fuel

“The solution to pollution is dilution”. A saying that was frequently used half…


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