Asia-Pacific LNG freight day rates for tri-fuel diesel electric, or TFDE carriers have slipped below 10,000/day to historic lows, and are just 14% of their mid-August values, raising concerns that some ships may need to lay up due to negative earnings, market...

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FuelEU Maritime permits certain exemptions, which are valid until no later than 31 December 2029. Article 2 (points 3 to 6) of the regulation outlines these exemptions regarding specific routes and ports, as well as stays within ports of call, in respect of the energy...

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The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, dropped to a 23-month low on Monday following a decline in rates across all vessel segments. The overall index, which factors in rates for capesize, panamax...

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GSB Tankers and Asahi Tanker have jointly established the Asia Chemical Tanker Alliance (ACTA) to manage the operation and commercial management of chemical tankers ranging from 10,000 – 15,000 DWT. ACTA officially launched operations on 1st January 2025, with its...

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A national training focused on enhancing port facility security was completed in Aden, Yemen (14-16 January), as part of the EU-funded Regional Programme for Maritime Security in the Red Sea Area (Red Sea Project). The training, led by IMO, takes aim at ongoing...

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