Yearly Archives: 2025
German Authorities Tow Adrift Tanker Suspected Of Being a “Shadow Fleet”
An oil tanker suspected of being part of Russia's "shadow fleet" used to evade sanctions, was found adrift in the Baltic Sea, reports Euro...
Freightos Baltic Index Rises 6% in December 2024
Transpacific Rates Rebound in December After Early Declines.
Mediterranean Shipping Costs 161% Higher Than 2019 Levels.
Transatlantic Lanes Experience 10% Rate Decline in...
LNG and LPG Markets Face Rate Pressures Amid Shifting Dynamics
Positive Start for LNG Period Market Despite Rate Adjustments.
LPG Market Softens as Middle East Gulf Fixtures Decline.
Oversupply of Vessels Adds Downward...
Egypt Signs Agreement with MEDLOG for Dry Port and Logistics Centre
Integrated Rail and Road Networks to Boost Egypt’s Logistics Sector.
New Dry Port Project to Link Red Sea and Mediterranean Seaports.
Minister El-Wazir...
Capesize Market Rebounds Amidst Volatility In Dry Bulk Shipping
The Capesize market experienced a volatile week. After an initial decline, rates rebounded towards the end of the week. While the Pacific market remained...
VLCC Rates Surge, Aframaxes Face Headwinds
The VLCC market experienced a positive week, with freight rates for Middle East Gulf (MEG) routes strengthening significantly. Improved demand led to a notable...
Qatar’s Ports Report Brisk Growth in 2024
Ship Traffic Increases as 2,803 Vessels Call on Qatar’s Ports.
RORO Movements Surge 62% with Over 130,000 Vehicles Handled.
Container Throughput Climbs 9.55%,...
West Completes Full Acquisition Of Nordic, Strengthening Marine Insurance Capabilities
West, a prominent Protection & Indemnity (P&I) Club, has announced the acquisition of 100% of Nordic, a specialist marine insurance provider, subject to regulatory...
Yantai Port Strengthens Its Position As A Global Leader In Bauxite Imports
The China Steel Liberty vessel recently completed the unloading of 205,000 metric tons of Guinean bauxite at Yantai Port, a key facility within the...
India Integrates Stress Management Training Into Maritime Curriculum
Indian seafarers are set to benefit from a dedicated mental health awareness module in the national maritime curriculum, thanks to a landmark agreement between...