A combination of longer container ship rerouting via the Cape of Good Hope to avoid attacks by the Houthi in the Red Sea and a sharp increase in demand has seen waiting times surge at the world’s largest container transhipment hub. According to terminal operator PSA,...

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Charitable organization Stella Maris is issuing a warning regarding the escalating levels of loneliness and depression among Ukrainian seafarers as the war in Ukraine enters its third year. The fear of potential conscription upon returning home adds to their distress....

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Spot fuel oil premiums eased in Asia on Wednesday with more tenders underway, while Kuwait’s Al Zour refinery also awarded its latest sales tender for July. The cargo of Very Low Sulfur Fuel Oil (VLSFO) was sold to BB Energy at a discount of $8-$9 per metric ton...

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U.S. container import volume continued the robust growth seen in 2024, with June volumes increasing 10.4% over the same month last year, according to Descartes Systems Group. “While June volumes dipped slightly from May, they maintained a strong position when compared...

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While the bio-LNG bunkering market is still in its infancy, companies have been closely eyeing the market as a means of meeting emissions targets and bolstering LNG’s future as a marine fuel, particularly following Hapag-Lloyd’s watershed tender for the...

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The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, snapped its five-session losing streak on Wednesday, helped by higher rates across all vessel segments. * The overall index. BADI, which factors in rates...

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