Scienco/FAST and UniBallast Launch InTankFITT Container BWTS
Scienco/FAST and UniBallast launched the portable InTankFITT Container for efficient ballast water treatment.
The system is housed in a shipping container, providing portability...
UECC Pioneers Spain’s First Truck-to-Ship Biomethane Delivery
UECC completed Spain's first truck-to-ship LBM refueling at Port of Vigo.
Biomethane supplied by Naturgy supports sustainability and circular economy.
Initiative aligns with...
US Sanctions Hit 183 Vessels, Disrupting 42% of Russia’s Oil Exports
The US sanctions 183 vessels, targeting 42% of Russia's oil exports, mainly to China and India.
Key Russian oil producers and insurers face...
ZIM Joins the “Move to -15” Coalition to Reduce Cold Chain...
Raising cargo temperature to -15°C can save 17.7 million tons of CO₂ annually.
ZIM uses advanced reefers and ZIMonitor for optimal cold chain...
Coast Guard, Partners Responding to Grounded Vessel in Philadelphia
A 623-foot motor vessel ran aground near the Benjamin Franklin Bridge, and the Coast Guard is working on its safe removal.
The vessel...
Atlantic Supramax Market Shows Mixed Trends Amid Fundamentals
Atlantic Supramax spot rates declined in Q4 2024, with the index peaking at $18,888/d in October and falling to $13,962/d in December.
Increased...
Chinese New Year Disruptions Loom For Shipping
Chinese New Year, approaching on January 29th, will likely cause significant disruptions to global supply chains. These disruptions are expected to be amplified this...
OOCL Experiences Significant Revenue Growth In Q4 2024
Orient Overseas (International) Limited has released an unaudited operational update for its container shipping subsidiary, OOCL, for the fourth quarter of 2024. This update...
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...
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...
Castor Marine Joins Navarino Group To Drive Maritime Innovation
Castor Marine B.V. has officially become part of the Navarino Group, marking a significant step in the maritime technology and connectivity industry. This acquisition...
K Shipbuilding Develops Ammonia Dual-Fuel Medium-Sized Chemical Product Carrier
K Shipbuilding, a prominent medium-sized shipbuilder in Korea, has successfully developed a medium-sized chemical product carrier powered by an ammonia dual-fuel system. The achievement...