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Ship Pollution Response Organization (SPRO) Agreements in China – New International Group of P&I Clubs (IG) and China Diving & Salvage (CDSA) SPRO Agreement

New IG and CDSA SPRO Agreement The Group Clubs are pleased to announce that the IG and CDSA have agreed a Sample Agreement for Ship Pollution Response (Sample Agreement) and a Ship Pollution Response Expense Tariff (SPRO Tariff). ITOPF, on behalf of the Group Clubs,...

DP World’s Pier Expansion Drives Record Volumes, Export Growth at Peru’s Port of Callao

One year after the expansion of its Bicentennial Pier, DP World’s terminal at the Port of Callao has delivered record-breaking results, including a 19% increase in container throughput and a surge in agricultural exports that underscore the port’s growing role in...

Hafnia Announces Signing of USD 715M Revolving Credit Facility

Hafnia Limited is pleased to announce the signing of a USD 715 million Revolving Credit Facility (the “Loan Facility”) on 10 July 2025 secured by a modern fleet of 32 product tankers. The facility has a very competitive margin with a tenor of seven years and an...

China and India lead modest revival in Asia thermal coal imports

There are some tentative early signs that weak thermal coal prices are starting to boost import demand among Asia’s heavyweight buyers China and India. Asia’s seaborne imports of the fuel used mainly to generate electricity rose to a five-month high of 74.12 million...

EMEA Port Operators Are Well Placed to Face Trade Tensions

EMEA port operators are mostly in a good position to deal with global trade tensions and slowing economic growth, Fitch Ratings says. However, the ratings on Limak and Euroports had low headroom prior to President Trump’s tariff announcements, which may further...

EU LNG Imports on the Rise

The EU retained its lead as the biggest LNG importer, significantly increasing its imports during the first half of the year. In its latest weekly report, shipbroker Banchero Costa said that “global seaborne LNG trade was increasing sharply until 2022, helped also by...

Ship Pollution Response Organization (SPRO) Agreements in China – New International Group of P&I Clubs (IG) and China Diving & Salvage (CDSA) SPRO Agreement

DP World’s Pier Expansion Drives Record Volumes, Export Growth at Peru’s Port of Callao

Hafnia Announces Signing of USD 715M Revolving Credit Facility

China and India lead modest revival in Asia thermal coal imports

EMEA Port Operators Are Well Placed to Face Trade Tensions

EU LNG Imports on the Rise

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