Dry Bulk market manages to halt losing streak

Capesize The capesize market experienced a varied week with distinct…


Quality high on agenda at future focused InterManager AGM

InterManager members have pledged their commitment to raising standards during…


The Red Sea escalation implications on global seaborne trade

In recent days, discussions have intensified about the potential impact on the…


France’s CMA CGM to buy UK logistics firm Wincanton for $700 mln

French shipping firm CMA CGM is set to buy British logistics firm Wincanton…


Crew recruitment is more challenging, Danica crew manager survey reveals

Recruitment of seafarers is getting harder according to a survey of crew…


Hapag-Lloyd to offer land transit through Saudi Arabia amid Red Sea disruption

German shipping group Hapag-Lloyd HLAG.DE will continue to route its vessels…


IACS adopts new Unified Requirement (URH1) on control of ammonia releases on ammonia fuelled vessels

As the maritime industry forges ahead with its efforts to meet the goal of net…


Red Sea ship diversions boost bunker demand, prices in Africa, Mediterranean

The re-routing of a growing number of ships around Africa to avoid potential…


VLCC Market weakened last week

Clean LR2 LR’s in the MEG have strengthened this week. The 75kt MEG/Japan TC1…


Lithium surge raises stability concern

Attention should be given to the potential liquefaction risk and structural…


Genco highlights steps the company is taking to drive sustainable, long-term shareholder value

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


Shipping Sector must seize solutions to reduce Underwater Noise Pollution

As a meeting of the International Maritime Organization’s Sub-Committee on Ship…


MOL establishes 'MOL Group Safety Vision'

Targeting the world's highest level of safet Mitsui O.S.K. Lines,  has been…


Breakbulk Middle East 2024 unveils its comprehensive agenda to foster industry growth in emerging markets

 The region’s leading breakbulk and project cargo event will highlight themes…


Ukraine’s maritime grain exports to fall 20% m/m in January

Ukrainian maritime grain exports are expected to fall by around 20% in January…


MABUX Bunker prices culd increase next week

During Week 03, the MABUX global bunker indices displayed an inconsistent…


Two Qatari LNG carriers head to Canary Islands for bunkering

Qatar’s LNG carrier Al Ghariya became the second out of three of its LNG-laden…


Suez Canal diversions pile pressure on Egypt’s distressed economy

A sharp downturn in revenue after sea attacks by Yemen’s Houthis diverted away…


Baltic index snaps 8-day losing streak as larger vessel rates gain

The Baltic Exchange’s dry bulk sea freight index snapped aneight-day losing…


Skuld Circular issued by International Group clubs

Five US agencies (the Department of Justice, Commerce Department's Bureau of…


Red Sea attacks - ECSA welcomes European Parliament call for immediate EU action

The European Parliament adopted  a Resolution condemning the recent attacks on…


Guidance on ballast water record-keeping and reporting

The IMO has released BWM.2/Circ.80 – Guidance on ballast water…


Seafarer safety comes first in Red Sea

Seafarer safety is paramount in the context of the Red Sea and attacks on…


MOL group training program for engineers is Japan's 1st to Meet IMO 'Model Course' Standard

Continually enhancing safety with Seafarer Training based on the latest global…


HELCOM collaborate with the Save the Baltic Sea campaign

Save the Baltic Sea is a hiking expedition and an environmental campaign around…


AP Moller - Maersk strengthen its Cold Chain Logistics footprint with a new Cold Store facility in Gujarat

The 260,000 sq. ft. temperature-controlled facility at Mehsana will attract…


MABUX Bunker Weekly Outlook Week 03 2024

The Weekly Outlook was contributed by Marine Bunker Exchange (MABUX) During…


Maersk sends two US-flagged container ships through Red Sea

Maersk has sent two container ships through the Red Sea carrying goods for the…


Port of Long Beach prepares for 'Year of Rail' in 2024

The Port of Long Beach is laying the tracks for a sustainable future by…


UKSA introduces the oyster regeneration project to its education courses

Following the launch of the Isle of Wight’s first oyster regeneration project…


Danish Shipping welcomes new EU Port Strategy

The European Parliament has adopted a so-called own-initiative report where…


Red Sea attack fears disrupt global trade patterns

Japanese shipping operator Nippon Yusen suspended sailings through the Red Sea…


Expertise and continuity for HHLA's Executive Board

Hamburger Hafen und Logistik  has appointed a new member to its Executive Board…


Bugaboo - partnering with APM Terminals to achieve zero-emission supply chains

At APM Terminals, we’ve made a global commitment to be net zero by 2040 and, as…


ABP hosts emergency rescue exercise

A live evacuation drill of a container vessel was carried out for the first…


VIKAND Partners with UK P&I Club provide Proactive Medical Care for seafarers

VIKAND, a global leader in maritime healthcare, has partnered with the UK…


Wan Hai provides limited time carbon offset route service for customer's sustainable engagement

Wan Hai Lines actively fulfills its corporate sustainability commitments by…


DP World's 2024 Business forecast tech driven optimism meets rising geopolitical challenges

“The findings in this report reveal a remarkable optimism, despite…


Maersk and Hapag-Lloyd are entering into an operational cooperation

Hapag-Lloyd and Maersk , an entity under A.P. Moller - Maersk ,have signed an…


BIMCO Shipping Number of the Week

Product tanker recycling drops 82% year-on-year to lowest on record "In 2023,…


Intermodal Report Week 02 2024

Pls find below the Intermodal Report - Week 02 2024 Intermodal Report Week 02…


The Foiling Organization joins ICOMIA

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


1PointFive and Trafigura announce direct Air Capture Carbon removal credit agreement

Announced during the World Economic Forum’s Annual Meeting, the purchase…


Baltic index slides to 4-month low on seasonal lull

The Baltic Exchange’s dry bulk sea freight index on Monday extended its losing…


DNV to class Purus’ first VLEC newbuilds

DNV has been selected to class ship owner Purus’ newbuilding order of two Very…


MOL, MLG form strategic alliance with Revital Healthcare, Kenya's leading Medical Supplies Manufacturer

Eyeing Establishment of Healthcare Logistics Center in Mombasa Special Economic…


Red Sea shipping slumps after US airstrikes in Yemen trigger retaliation fears

Commercial shipping entering the Bab al-Mandab Strait to exit or transit the…


Trafigura signs long-term LNG agreement with Tourmaline

Trafigura, a market leader in the global commodities industry, has signed a…


Allied Weekly Market Review Week 02

Pls find below the Allied - Weekly Market Review - Week 02 Allied - Weekly…


xclusiv S&P Report 15th January 2024

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


Capesizes retreat

Capesize The capesize market concluded the week on a relatively sombre note.…


From the Houthi rebels A 'Pass' for ships carrying oil?

The Giuseppe Bono Centre monitors the evolution of the crisis in the Red Sea…


New biofouling requirements for ships calling at Australian ports

As per a recent notice from the Australian Government, there are new…


Svend Stenberg Mølholt appointed Chief Commercial Officer at Inchcape Shipping Services

Inchcape Shipping Services (ISS), a global leader in port agency and marine…


PSA International enjoys a record-breaking year with volumes amounting to 94.8 million TEUs

PSA International Pte Ltd (PSA) enjoyed a record-breaking year as it handled…


Container lines had rough Q4 before Red Sea-driven rate rebound

Container shipping stocks are back in vogue among retail traders, courtesy of…


Top bunker hub Singapore marine fuel sales hit record high in 2023

Marine fuel sales at world’s leading bunkering hub in Singapore hit a record…


Frontline to sell its five oldest VLCCs

Frontline announced that it has entered into an agreement whereby the Company…


NYK opens Akita School of Wind and Sea Training Center

Aiming to become a regional center for training meeting international…


Export freight rates of the Port of València grow in December 2023

The València Containerised Freight Index  – which measures the performance and…


HHLA started the transition to passify at Container Terminal Tollerort

This week, Hamburger Hafen und Logistik  took an important step towards making…


Certified pick up phased live from 15 January at the port of Antwerp Bruges

After consultation with terminals, ship agents, transport companies and other…


Plaquemines Port and APM Terminals unveil partnership to develop major container terminal

Plaquemines Port Harbor and Terminal District proudly announces the execution…


Ocean Thermal Energy Conversion Project in Mauritius moves toward commercialisation

Selected as METI Program; Aiming for Swift Practical Implementation of Marine…


Shipping firms in good standing using Singapore port won’t need to provide security deposits from April

Shipping companies deemed unlikely to default on their dues will not need to…


Trade consequences of the petchem revolution

A petrochemical revolution, spearheaded by China’s unprecedented expansion, is…


Oil tankers divert from Red Sea after US, UK strikes in Yemen

At least four oil tankers have diverted course from the Red Sea since…


World Container Index Up By 15% Last Week says Drewry

Drewry’s World Container Index increased by 15% to $3,072 per 40ft container…


Europe’s Ports welcome Ten-T Agreement: Ten-T is putting energy ports on the map

On 18 December, Parliament and Council reached a deal on the review of the…


Egypt’s Suez Canal revenues down 40% due to Houthi attacks

Dollar revenues from Egypt’s Suez Canal are down 40% from the beginning of the…


Baltic index marks worst week since 2008 as rates across segments languish

The Baltic Exchange’s dry bulk sea freight index slid on Friday as its worst…


Red Sea update from container xChange dated 12 January 2024

Key Highlights from the update   Customers of the Container xChange platform…


EBRD marks another year of record impact with €13.1 billion invested

EBRD Annual Bank Investment of €13.1 billion exceeded 2022’s record…


MABUX Global bunker Prices expected to stawbilize next eek

The Global bunker market continued its recovery in 2023 with a moderate…


Asia damage prevention meeting held for car carrier business

Kawasaki Kisen Kaisha, held Asia Damage Prevention Meeting from December 7th to…


'MOL Scholarship' program etablished to aid International Students at IUJ

Mitsui O.S.K. Lines, announced the establishment of the "MOL Scholarship" for…


Belgian shipowners welcome the country's EU Council Presidency

On behalf of its members, the Royal Belgian Shipowners' Association  welcomes…


Valenciaport starts construction of its third solar power plant

The Port Authority of València and Valencia Terminal Europa  – a company…


US Ambassador to Latvia visits the Port of Riga

U.S. Ambassador to Latvia Christopher Robinson and his team arrived at the Port…


Roman Fürtig appointed new Port of Hamburg Marketing Representative Germany East

At the turn of the year, Roman Fürtig took over the management of the HHM…


Land purchase for APM Terminals Suape completed

APM Terminals Suape has completed the purchase of approximately 50 hectares,…


Offshore Wind In 2023 Navigating Turbulence

Pls find below the Clarksons Research report Offshore Wind In 2023: Navigating…


MABUX Global bunker market in 2023

The review was contributed by Marine Bunker Exchange (MABUX) The Global bunker…


Maritime Security a practical guide for Mariners provides vital safety information to seafarers

The Nautical Institute is pleased to announce that its new compendium of…


Gujarat and DP World sign agreements to strengthen logistics in the Indian state

DP World to develop multi-purpose deep-draft ports, container terminals, SEZs,…


Oil tankers continue Red Sea movements despite Houthi attacks

Oil and fuel tanker traffic in the Red Sea was stable in December, even though…


Korean shipping companies face soaring challenges as Q4 Performance takes a downturn

In the fourth quarter of last year, the annual performance of South Korea’s…


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