Maritime Security Crisis: Houthi Attacks And Piracy Threaten Global Trade

The maritime security landscape in the Red Sea and Gulf of Guinea (GoG) is marked by escalating threats and vulnerabilities. Recent Houthi attacks in...

ABB To Equip 15 LNG Carriers With Permanent Magnet Shaft Generators

ABB has won an order from Samsung Heavy Industries Co., Ltd. (SHI) to equip 15 liquified natural gas (LNG) carriers with the permanent magnet...

Weathernews And Lauritzen Bulkers Join Forces For Enhanced Maritime Solutions

Weathernews, a global leader in weather intelligence and maritime solutions, is pleased to announce a new 3-year TFMS (Total Fleet Management Solutions) contract with...

Modernising Shipping: Technology’s Role In Reducing Emissions

According to Supply Chain, technology is transforming the global shipping industry, helping it tackle its environmental impact and become more efficient and sustainable. Shipping...

Ningbo-Zhoushan Port Reports Record Growth In First Half Of 2024

According to Seatrade Maritime, Ningbo-Zhoushan Port handled 23.9 million TEUs in the first half of 2024, marking a 7.8% year-on-year increase. Cargo throughput reached...

US East Coast Strike Fears And Price Hikes Fail To Halt...

Mainline operators have given up on hiking transpacific rates this month, as the cargo rush ahead of China’s Golden Week holiday on 1 October...

Capesize Strengthens As Panamax And Supramax Show Mixed Activity

Capesize sees increased activity, especially for early October dates; Panamax markets show modest gains; Supramax remains mixed with slight improvement in the US Gulf...

VLCC And Aframax Rates On The Rise: Market Insights And Forecasts

VLCC rates are rising with potential further increases; Suezmax rates show optimism in the Atlantic but remain flat in the East, while Aframax markets...

Maritime Shipping: The Lifeblood Of Global Trade And Supply Chains

Shipping is vital to keeping our economies and societies afloat. It is the lifeblood of global supply chains, stretching across oceans, connecting goods and...

Safetrans Ship Set To Be Largest To Cross Northern Sea Route

Safetrans Line-owned Panamax vessel Flying Fish 1 is set to become the largest container ship to traverse the Baltic-China Northern Sea Route (NSR), when...

Daphne Technology’s Methane Reduction Methodology Approved By Gold Standard

According to AJOT, Daphne Technology has announced the approval of its groundbreaking carbon credit methodology by Gold Standard, aiming to reduce methane emissions from...

ECSA Highlights European Shipping’s Role In Decarbonization And Competitiveness

According to Safety4Sea, the European Community Shipowners’ Associations (ECSA) report emphasizes the global leadership of European shipping and the need for a supportive regulatory...

APM Terminals CEO Calls For Industry-Wide Decarbonization Efforts At WEF Panel

At a World Economic Forum panel in Gothenburg, Sweden, APM Terminals CEO Keith Svendsen emphasized the urgent need to accelerate the use of renewable...

Congestion Rises at Chinese Ports for Panamax, Supramax, and Handysize Vessels

Capesize market shows a rebound in C3 rates, but the P6 route remains under pressure due to weak demand. Vessel supply shows mixed...

All Eyes on APPEC As Crude Tanker Freight Rates Soften Further

As APPEC kicks off there have been various reports and thought pieces expressing a doubtful tomorrow for the world’s oil markets as crude prices...

New Alliance Formation Intensifies Battle Between Major Lines

With the container shipping alliance landscape expected to change in less than five months, it is worth examining the current dynamics of the alliances...

Wärtsilä to Develop Singapore’s Next-Gen Vessel Traffic System

Wärtsilä has secured the prototyping tender for the groundbreaking Next Generation Vessel Traffic Management System (NGVTMS) project, awarded by the Maritime and Port Authority...

Panama Ports Report Strongest Volume Growth in Three Years

For the first time in three years, Panama ports showed growth in container volume. All terminals posted double-digit volumes increase in the January-July...

Maersk Tankers Set To Launch Chemical Tanker Pool

Denmark’s Maersk Tankers has revealed that it would be starting up a new chemical tanker pool from the beginning of next month, splash247. Maersk Tankers...

Greek Shipping Faces €175m In Penalties With FuelEU Maritime

Greek shipping companies face a total bill of over €175m in penalties incurred under FuelEU Maritime. OceanScore has determined the crude tanker, RoPax,...