The Valencia Containerised Freight Index (VCFI) for the month of May decreases in a scenario in which the activity of the maritime sector is marked for yet another month by the geopolitical situation. Thus, in the fifth month of the year, this price index, which is...

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GAC Group, a leading provider of shipping, logistics and marine services in the Asia-Pacific market, has entered into an agreement with Quadrant Pacific to acquire its agency business, formerly its network partner in New Zealand. This acquisition marks a significant...

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TECO 2030 together with BLOM Maritime and Samskip receive a grant for a pre-project aiming to retrofit Samskip’s vessel Kvitnos with TECO 2030 fuel cells and hydrogen fuel. This innovative project aims to significantly reduce emissions from this LNG-fueled vessel,...

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Following news that a seafarer has died and another has been seriously injured in the latest Houthi attacks on merchant vessels in the Red Sea area, INTERCARGO, the International Association of Dry Cargo Shipowners, extends its heartfelt sympathy to the seafarers,...

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The crew of a Greek-owned vessel Tutor that was damaged in an attack by Yemeni Houthi militants in the Red Sea should be rescued within the day although one sailor is still missing, the Philippines said on Friday. The attack near the Yemeni port of Hodeidah on...

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Fuel oil benchmarks were broadly stable in Asia on Friday, with cash premiums and crack spreads rangebound through the week. The High-Sulphur Fuel Oil (HSFO) market largely retained support amid a seasonally strong period, though expectations of more upcoming arrivals...

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