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Baltic Index Slips From Seven-Month Peak On Lower Capesize Rates

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting dry commodities, dipped on Tuesday due to a decline in capesize rates, after scaling a seven-month high in the previous session. The main index, which monitors rates for...

Statutory alert – Requirements of Hong Kong Ship Recycling Convention (HKSRC) 2009 come into effect

Ships flying the flag of a party to the Convention, and ship recycling facilities in countries that are parties to the Convention, must comply with its requirements. The Convention aims to ensure that ship recycling is conducted in a safe, environmentally sound and...

Asia-US container rates jump on tight capacity, high demand amid tariff pause

Rates for shipping containers from Asia to the US spiked again this week – and have almost doubled over the past four weeks – as demand has surged ahead of the possible reinstatement of tariffs while capacity remains tight. Supply chain advisors Drewry said the latest...

World Shipping Council Statement on World Ocean Day 2025

On this World Ocean Day, we celebrate the immense value of the Ocean – a source of life, food, energy, and biodiversity, and a vital ally in the fight against global warming. The Ocean produces half of the world’s oxygen, and as the world’s largest carbon sink,...

Saving the ocean is a test of multilateralism: IMO Secretary-General

Ahead of World Oceans Day (8 June), Secretary-General Arsenio Dominguez says the momentum for collective international action must grow stronger, not wane. The Secretary-General of the International Maritime Organization (IMO), Mr. Arsenio Dominguez, has called on the...

Regulation sparks muted optimism for marine decarbonization

Fresh regulation has given a limited boost to maritime decarbonization as shipping grapples with high renewable fuel prices, and as key stakeholders seek ways to share the financial burden. In April, the International Maritime Organization voted for global greenhouse...

Baltic Index Slips From Seven-Month Peak On Lower Capesize Rates

Statutory alert – Requirements of Hong Kong Ship Recycling Convention (HKSRC) 2009 come into effect

Asia-US container rates jump on tight capacity, high demand amid tariff pause

World Shipping Council Statement on World Ocean Day 2025

Saving the ocean is a test of multilateralism: IMO Secretary-General

Regulation sparks muted optimism for marine decarbonization

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