Following the recent attack on the MV Sounion in the Red Sea Mr. Arsenio Dominguez. Secretary-General of the International Maritime Organization (IMO) said: “I am extremely concerned about the situation regarding the tanker MV Sounion which was targeted while...

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In its ongoing commitment to providing efficient and reliable service to its customers, the Panama Canal Authority is implementing modifications to the Transit Reservation System tariffs as part of the Complementary Maritime Services Tariffs. These adjustments...

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The Baltic Exchange’s dry bulk sea freight index BADI, which tracks rates for ships carrying dry bulk commodities, rose to its highest level in more than a month on Thursday, buoyed by a jump in the capesize vessel segment. The overall index BADI, which factors...

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U.S. imports of used cooking oil (UCO) from China are set to hit a record in the months ahead, even as regulatory uncertainty casts doubts over longer-term prospects of a trade that boomed last year, according to market participants. U.S. demand for UCO, a feedstock...

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New Times Shipbuilding Co. Ltd. of Jiangsu province, China has ordered 12 x 8G95ME-GI (-Gas Injection) Mk10.5 main engines in connection with the construction of 12 x 18.000 teu container vessels for Eastern Pacific Shipping (EPS), the Singapore-based shipping...

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