News Flash | Sea and Job

Shipbroker settles for $380,000 after failing to disclose voyage restrictions, sparking arbitration dispute

An arbitration dispute highlighted in the latest Claims Review by International Transport Intermediaries Club (ITIC) has concluded with a shipbroker settling a $380,000 claim. Accused of breach of contract and negligence for not disclosing critical navigation...

Parallel markets: LNG sanctions evasion ecosystem yet to fully develop

This is the third of a three-part series on LNG sanctions evasion and the shadow fleet, focusing on the ecosystem of services needed and the emergence of global hubs that form parallel marketplaces. The full ecosystem needed to circumvent sanctions on Russian LNG has...

Baltic index snaps 10-day losing streak as larger vessel rates gain

The Baltic Exchange’s dry bulk sea freight index snapped a ten-day losing streak on Tuesday as rates increased across larger vessel segments. The index, which factors in rates for capesize, panamax and supramax shipping vessels, rose 20 points to 1,402 points. The...

Guangzhou Shipyard International delivers first of four ro-pax ferries to MSC

The first vessel of four ro-pax ferries ordered by MSC Mediterranean Shipping Group from Guangzhou Shipyard International has been delivered and officially named GNV Polaris, according to the company’s release. GNV, the passenger business unit of MSC...

BASF and AM Green enter MoU to jointly evaluate opportunities in low-carbon chemicals in India

BASF and AM Green B.V. have entered a memorandum of understanding (MoU) to jointly evaluate and develop business opportunities for low-carbon chemicals produced exclusively with renewable energy, and the corresponding value chains in India, according to BASF’s...

Wan Hai Lines orders eight 16,000 TEU methanol dual-fuelled containerships from Hyundai Samho Heavy Industries and Samsung Heavy Industries

Taiwan’s Wan Hai Lines, the 11th largest liner operator, announced orders for eight 16,000 teu methanol dual-fuelled containerships, split between Hyundai Samho Heavy Industries and Samsung Heavy Industries, for a total of $1.6bn. Deliveries are expected in 2027 and...

Shipbroker settles for $380,000 after failing to disclose voyage restrictions, sparking arbitration dispute

Parallel markets: LNG sanctions evasion ecosystem yet to fully develop

Baltic index snaps 10-day losing streak as larger vessel rates gain

Guangzhou Shipyard International delivers first of four ro-pax ferries to MSC

BASF and AM Green enter MoU to jointly evaluate opportunities in low-carbon chemicals in India

Wan Hai Lines orders eight 16,000 TEU methanol dual-fuelled containerships from Hyundai Samho Heavy Industries and Samsung Heavy Industries

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