Hapag-Lloyd, one of the top five global container shipping lines, has partnered with WiseTech Global, to publish Electronic Bills of Lading (eBL) to Galileo, the cloud‑native platform that brings trade finance and electronic document workflows together, enabling the...

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Swiss marine power company WinGD has achieved another critical milestone on the path to low-carbon shipping using ammonia as a marine fuel, with successful testing of its X72DF-A engine in China. The company has completed the Factory Acceptance Test on the engine,...

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Europe Rotterdam’s B30-VLSFO (POMEME) price has dropped $85/mt in the past week. The Dutch port’s conventional VLSFO price has fallen $67/mt lower, which has cancelled out any support from a Prima Markets-assessed ARA POMEME barge price gain of $27/mt. Gibraltar’s...

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More than three months after the US and Israel first began their war with Iran, the White House and the Iranian regime have agreed a framework deal to bring about a more long-term end to hostilities. The Middle East crisis sent global oil prices soaring as the...

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Shipowners with older or harder-to-place vessels may have a stronger opportunity to test the recycling market over the coming months, as limited demolition supply continues to support recycler appetite despite weaker steel conditions in some key markets. Wirana...

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BIMCO’s executives issued the following comments, after the reported deal between the US and Iran. From Jakob Larsen, Chief Safety & Security Officer at BIMCO: “The statements by the US and Iran are currently unclear and do not offer sufficient information...

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