KVH Industries, Inc. (Nasdaq: KVHI), today announced a greatly expanded relationship with Starlink through a bulk data distribution agreement with Starlink. The new agreement offers KVH increased flexibility in the development and sales of custom, cost-effective...
ZeroNorth and Hapag-Lloyd have yesterday announced a new strategic partnership aimed at launching an industry leading bunker procurement and planning solution. The partnership between the two companies will set out to create a new digital solution that enables...
Asia’s Very Low Sulphur Fuel Oil (VLSFO) market continued its rebound for a second consecutive day on Wednesday, while the hi-5 fuel oil spread widened to more than a five-week high. The July Hi-5 spread, which is the price premium of VLSFO over 380-cst High Sulphur...
The integration of the shipping sector into the European Union Emissions Trading System (EU-ETS) marks a pivotal step towards a more sustainable and decarbonised maritime industry. However, this new regulation brings substantial costs and compliance challenges for...
Ramping up US import tariffs or attempting to decouple the US economy from China will most damage US consumers, retailers and exporters, according to leading supply chain experts. Former president Trump has promised to increase tariffs on imported Chinese goods to...
The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, rose on Wednesday on the back of higher rates for capesize vessels. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels,...