News Flash
Container Freight Volatility Rises Amid Trade Disruptions
The container freight market is undergoing significant changes that could have major implications for global trade flows. The latest report...
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Danelec and Aage Hempel Strengthen Global Partnership with New Agreement Covering Nine Locations
Danelec, a global leader in maritime data solutions, has reinforced its long-standing partnership with Aage Hempel by signing a new...
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Svitzer signs global EcoTow agreement with Wallenius Wilhelmsen to drive decarbonization
Svitzer has signed a global EcoTow agreement with the Wallenius Wilhelmsen group. The agreement marks a major step in Svitzer’s...
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US-China tariff hikes affect Polish container terminal sale
When the Gdynia Container Terminal (GCT) on Poland’s Baltic coast was taken over by Hong Kong-based Hutchison Ports in 2005...
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Customs ‘glitch’ impacting Trump tariffs fixed after lasting for more than 10 hours
As a meeting of the International Maritime Organization’s (IMO) Marine Environment Protection Committee (MEPC 83) closes today, the Clean Arctic...
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Tankers: VLCC Market Keeps Trending Downwards
Clean LR2 MEG LR2’s gradually softened this week. The TC1 75kt MEG/Japan index dropped from WS250 to WS130.28 and a...
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International Maritime Organization climate talks fall short, groups still optimistic about clean shipping future
The International Maritime Organization (IMO) concluded its latest round of climate negotiations without reaching a consensus on critical measures to...
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Estonian authorities detain Russian ‘shadow fleet’-linked oil tanker near Tallinn
Estonia detained a Russian-linked oil tanker near Tallinn for maritime law violations. The Kiwala, which authorities claim is part of...
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BAR Technologies’ WindWings: A Practical Solution Amidst MEPC 83’s Compromised Net-Zero Framework and Mediterranean ECA Implementation
In the wake of the International Maritime Organization’s (IMO) Marine Environment Protection Committee (MEPC) 83rd session, which concluded with a...
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XENETA: Average spot rates from Far East to US East Coast and US West Coast remain flat since uptick on 1 April
Data highlights: • Average spot rates from Far East to US East Coast and US West Coast remain flat since...
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IMO approves net-zero regulations for global shipping
The International Maritime Organization (IMO) has achieved another important step towards establishing a legally binding framework to reduce greenhouse gas...
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Phase-out of fossil fuels in shipping begins in earnest: IMO measures unlikely to reach GHG reduction targets, but close the LNG business case and send clear long run signal for hydrogen-derived fuels
The IMO’s Marine Environment Protection Committee 83rd meeting has concluded with a weak agreement on mid-term measures that does not...
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Oil Demand Headwinds Could Take a Toll on Tankers
The tanker market could be faced with increased pressure, amid a trade war and tariff-hit global economic landscape. In its...
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HD Hyundai and Hanwha Eye Acquisition of Subic Shipyard in Strategic Southeast Asia Expansion
It was revealed that HD Hyundai and Hanwha Group are considering a proposal to acquire the Subic Shipyard in the...
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Korean shipbuilders gear up as Trump suggests U.S. may buy warships
U.S. President Donald Trump on Thursday said the United States could order advanced vessels from allied nations, sending Korea’s shipbuilders...
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SSA Marine Expands Investment in Termont Montreal Inc.
SSA Marine, one of the world’s leading independent marine terminal operators and the largest container terminal operator in the Americas,...
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Vopak signs agreements for a new debt issuance of around EUR 560 million equivalent
Royal Vopak announces the signing of Note Purchase Agreements for a debt issuance in the US Private Placement (USPP) market...
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Maritime Optima and Maritime IntelX announce strategic partnership to enhance chartering efficiency
Maritime Optima, a leading provider of maritime software solutions for any type of company involved in maritime business, is pleased...
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US energy secretary says we can stop Iran’s oil exports
U.S. Energy Secretary Chris Wright said on Friday that the United States could stop Iran’s oil exports as part of...
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Panama Canal traffic fell to 33.7 ships per day in March, authority says
The number of vessels that transited the Panama Canal, the world’s second-busiest waterway, fell to an average of 33.7 per...
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