LNG exporters are looking for ways around the disruption in Hormuz, with three Gulf cargoes recently moved using ship-to-ship transfers (STS) as Qatar and UAE exports remain far below pre-war levels. Qatar and the UAE are rerouting damaged LNG tankers via ship-to-ship...

Read More

The Baltic Exchange’s dry bulk freight index, which tracks rates for ships carrying dry bulk commodities, was up for a second session on Wednesday, rising about 1% to 3,620 points, supported by all vessel segments. The capesize index, which typically transports...

Read More

Four regions – the Strait of Hormuz, the Red Sea, the waters off Somalia, and the Black Sea – are now simultaneously active theatres of danger, on a scale the shipping industry has not seen before. Vessels and seafarers are being trapped and attacked in conflicts that...

Read More

Everllence PrimeServ Omnicare – Everllence’s multi-brand lifecycle service offering – and ME Production – the leading scrubber specialist – have entered into a strategic cooperation to strengthen lifecycle support for Exhaust Gas Cleaning Systems (EGCSs). The new...

Read More

The Port of Klaipėda is introducing smart navigation technologies, with a new buoy equipped with advanced sensors now operating near the port of Klaipėda. The innovative device will help improve cargo flow management, ensure safer navigation during GPS signal...

Read More

Tech continues to power impressive export strength China’s exports grew by 25.0% year-on-year in August, up from 23.9% in July and broadly in line with market expectations (market: 25.9%, ING: 24.1%). Year-to-date, exports are now up 19.3% YoY to $2.92tn. The data...

Read More