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Will plummeting ocean container freight rates drop to pre-Red Sea crisis levels?
Escalation of the Red Sea crisis in December 2023 is an important waypoint for ocean container shipping because it caused...
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“GPS spoofing and groundings: Are shipowners still covered?” asks the AAA
A significant issue exists regarding the interplay between traditional marine perils, such as a vessel grounding, and emerging threats stemming...
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GCMD and INTERCARGO partner to advance decarbonization in the dry bulk shipping sector
A two-year Coalition partnership to accelerate decarbonization efforts in the dry bulk segment has been signed by the Global Centre...
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PIL Celebrates SG60 with first SG60 container ship and specially designed containers for National Day Parade
Pacific International Lines (PIL), Singapore’s home-grown shipping line, proudly celebrates the nation’s 60th year of independence with the first SG60...
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China opens 128 shipping routes for Silk Road Maritime Transport
China had opened 128 shipping routes for the Silk Road Maritime Transport project by the end of July this year...
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Baltic index rises as rates firm across all vessel segments
The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, rose on Wednesday, buoyed...
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Russian crude, product exports fall in July amid pressure from the US, EU
Russia’s seaborne crude exports fell to a five-month low in July, according to cargo-tracking data. The EU and the US...
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Exports of oil products by private Indian refiners
India’s exports of refined fuel are in the spotlight after last month’s European Union sanctions while U.S. President Donald Trump...
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Natural Gas Climbs On Output Drop And Higher LNG Export Plant Flows
Prices surged by 3.62% to settle at 266, driven by a combination of declining daily output, increasing LNG export flows,...
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Compliance must be more than box-ticking exercise,’ says Columbia Group following IMO’s calls for serious reform of ISM Code
The International Maritime Organization’s Maritime Safety Committee (MSC) has sent a clear message: the ISM Code is overdue for serious...
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AD Ports Group and MBME Group Sign Framework Agreement to Jointly Explore Developing Global TradeTech and FinTech Solutions
AD Ports Group (ADX: ADPORTS), a global enabler of integrated trade, transport, and logistics solutions, and MBME Group, a UAE...
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Ship’s Biofouling Compliance: Regional Standards and Global Alignment
Brazil To support the global effort to prevent the spread of invasive aquatic species, Brazil has recently adopted robust new...
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HD Hyundai Heavy Industries Secures MRO Contract for USNS Alan Shepard
HD Hyundai Heavy Industries has secured a contract for the maintenance, repair, and overhaul (MRO) of a U.S. Navy auxiliary...
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HD Hyundai faces lawsuit over bridge collision as shipowner blames design flaws
A fierce legal battle is expected between HD Hyundai Heavy Industries, which built the vessel, the shipowner, and the ship...
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US sanctions force vessels with Russian oil to divert from India, sources say
At least two vessels loaded with Russian oil bound for refiners in India have diverted to other destinations following new...
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Network Management Key to Resilience in today’s Non-Linear Supply Chain
As the global supply chain faces unprecedented challenges, the ability to anticipate, adapt, and recover have become requirements in order...
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Madagascar hones skills to tackle port security risks
Port security management and staff at Madagascar’s key ports have gained key skills in assessing and mitigating security risks, following...
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Anemoi wins major UK funding to advance Rotor Sail design
Anemoi Marine Technologies, the UK’s leading developer of wind-assisted ship propulsion systems, has won funding under the sixth round of...
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NYK Welcomes 50 Students to Large Car Carrier at Port of Kawasaki
On July 29, NYK welcomed 50 elementary-school-aged students aboard Green Wave, an NYK-operated pure car & truck carrier (PCTC), as...
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Future Low-emission Ammonia Marine Engine Project Selected for UK Government’s Maritime Decarbonization Program – Engaging in Decarbonization in Maritime Sector
Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Takeshi Hashimoto, Headquarters: Minato-ku, Tokyo, “MOL”) is pleased to announce that the...
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