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Up to 45% Toll Cut for VLCCs in Suez Canal

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From July 24, the Suez Canal Authority has announced a decision to reduce the toll on empty US oil vessels sailing through the canal to...

Benita Did not Make it! Sunk on its Way to Alang

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SCFI Shows Rate Drop, Africa Routes Yield Better Returns

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Carriers Must Hunker Down in the Hope of Supply Manipulation!

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Seafarers Happiness Index (SHI) Quarter 4 2021 Results

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Pacific Basin Expands Handysize Newbuilding Programme

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Pacific Basin has ordered four 40,000 dwt Handysize newbuildings for about $119 million Deliveries are scheduled for the first half of 2028 The...

Uneven Finish as Large Vessels Hold, Smaller Segments Struggle

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Capesize showed relative resilience, while Panamax and smaller segments stayed under pressure Seasonal slowdown and limited fresh cargo weighed on overall sentiment Market...

Volatility Returns as Tanker Rates Reposition Across Basins

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VLCC earnings weakened further, slipping below $100,000/day, while Suezmax and Aframax segments posted gains. Suezmax rates were lifted by strong Atlantic demand and...
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Pilbara Ports Guarantees Minimum 1 Cubic Metre Marine Waste Disposal at Port Hedland

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Pilbara Ports has advised of new procedures for marine waste offloading services for vessels calling at the Port of Port Hedland, effective from 28...

Navigating The Cost Of Decarbonizing In The Shipping Industry

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BCG’s latest survey reveals that while green shipping gains momentum, cargo owners' willingness to pay for decarbonization falls short of levels required for...

Armed Robbery Against Ships

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ReCAAP ISC announced that during the period 26 April-3 May 22, four incidents of armed robbery against ships in Asia were reported to the...

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Ernst Russ Acquires 2007 Built 700 TEU Geared Container Ship

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The Ernst Russ Group has acquired a 700 TEU geared container ship in cooperation with a strategic partner, reports the company's press release. The successful...

What If Russia Uses Nuclear Weapons Against Ukraine?

HMM Expands Global Terminal Network with €35 Million Algeciras Investment

Who is the 100th State Party To MARPOL Annex VI Regulations?

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