The U.S. supply chain is healing from early pandemic shocks that sent shipping costs sky rocketing and squeezed supplies of everything from toilet paper to pasta, but more than three years later, material shortages and hiring woes linger. Rates for trucking, ocean...

Read More

Greece has secured 24 million euros ($26 million) in European Union funding to upgrade its northern Aegean Sea port of Alexandroupolis, privatisation agency HRADF said on Wednesday. Alexandroupolis, which is close to Bulgaria and Turkey, has been used by U.S. military...

Read More

Asia’s high sulphur fuel oil (HSFO) market softened on Wednesday, weighed by higher incoming supplies from the Middle East, while fuel oil inventories at the UAE’s Fujairah rose to six-month highs despite higher supplies flowing out to Asia. Singapore’s cash premium...

Read More

bound4blue and Oceanking have announced a partnership to jointly expand access to the eSAIL technology in Greece and Cyprus. As a trusted provider of marine technology solutions, Oceanking has established a strong reputation in the industry for their team’s expertise,...

Read More

On May 8, COSCO SHIPPING Heavy Industry (Yangzhou) started to build the second 700 TEU electric container ship (N998) owned by COSCO SHIPPING Development, in the presence of the shipowner, ship survey authority, maritime department, and shipyard. The 700TEU electric...

Read More

A new report from DNV and Lloyd’s List Intelligence, “Maritime safety trends 2012-2022: Advancing a culture of safety in a changing maritime landscape”, found a surge in the number of safety incidents involving machinery damage or failure.  With incidents on...

Read More