Technology company ZeroNorth and shipping company Euronav have today announced that ZeroNorth will acquire and manage Euronav’s Fleet Automatic Statistics and Tracking (FAST) platform. As part of the deal, Euronav also becomes a customer of ZeroNorth’s full platform...

Read More

Attacks on cargo vessels in the Red Sea by Yemen-based Houthi rebels are unlikely to end soon, forcing shipping companies to avoid the route through the Suez Canal, the head of Germany’s Hapag-Lloyd told reporters on Wednesday. “We don’t think it will be over the day...

Read More

Traders were diverting cargoes with Russian oil products around Africa to avoid the Red Sea due to a heightened risk of attacks by Yemen’s Iran-aligned Houthi group, data from market sources and LSEG showed. Last week, the fuel tanker Marlin Luanda, carrying Russian...

Read More

No one disputes that the Red Sea crisis is massively diverting containerized goods around the Cape of Good Hope. But opinions widely diverge on how serious this is for global supply chains, consumers and economies. On one end of the spectrum, there’s the view that the...

Read More

The Baltic Exchange’s dry bulk sea freight index was mostly flat on Wednesday but headed for a monthly decline, as rates across the three vessel segments logged their worst month since May 2023. The overall index, which factors in rates for capesize, panamax and...

Read More

In a landmark joint announcement, 90POE and Harbor Lab are delighted to reveal their strategic integration partnership. This collaboration unites 90POE’s pioneering maritime digital platform, OpenOcean STUDIO, with Harbor Lab’s industry leading e-disbursement...

Read More