EU Ports Welcome 395.3 Million Passengers in 2023
EU ports handled 395.3 million passengers in 2023, a 5.8% increase from 2022 figures (374.0 million).
Passenger numbers remain 5.5% below pre-COVID levels...
Turbulent Week and Future Insights
Declined 0.56% last week, closing at 162.48 points, while the S&P 500 gained 0.96%.
Key Performers: Exmar NV (+34.7%) and New Fortress Energy...
NAVTOR Clarifies FuelEU Maritime Complexity with NavFleet Solution
NavFleet 2.1 automates “well-to-wake” calculations, simplifying compliance with FuelEU Maritime regulations.
Features include intuitive dashboards, digital logbook integration, and automated data validation for...
U.S. Container Import Volume Declines in November
2024 U.S. Container Imports Exceed 2023 Total by 3.5%.
November Import Decline Smaller Than Past Six Years, Shows Resilience.
Potential Tariffs and Labor...
Rescue Operation in Stormy North Sea Prevents Potential Disaster
Dutch Coast Guard Overcomes Challenging Weather to Rescue Drifting Vessel.
Severe Storm Hampers Rescue of Adrift Vessel Near Rotterdam.
Tugboats Struggle in Violent...
Zulu 06 Hydrogen-Powered Barge Begins Operation in H2020 Project
Flagships H2020 Project Launches Zero-Emission Hydrogen Barge.
LMG Marin Designs Hydrogen Fuel Systems for Zulu 06 Barge.
Hydrogen Fuel Cells Power Zulu 06...
Kalmar’s Electric Reachstacker Powers SCCT’s Path to Net Zero
A Kalmar representative provides on-site maintenance support at SCCT.
Electrification is central to SCCT’s decarbonization vision and net zero by 2040 goal.
The...
EU Leadership in Advancing Global Ship Recycling Standards
Current EU-approved recycling facilities lack the capacity for larger vessels.
Expanding the EU list to include global facilities ensures sustainability.
Transparent and uniform...
Piracy Incidents Reported In The Malacca Strait
The International Maritime Organization (IMO) has released its monthly piracy report for October 2024, according to Safety4sea.
Incident One
While underway, six perpetrators armed with knives...
Aframaxes Lead The Way In Tanker Market
This week, the Aframax market was the main driver of the US Gulf export sector, with freight rates for transatlantic voyages nearing $3 million....
Maersk Raises Concerns Over Ship Recycling Challenges
A.P. Moller-Maersk, a major shipping company, has expressed concerns about the challenges of recycling large container ships, particularly post-Panamax vessels when the Hong Kong...
Navigating The Future: IMO’s Roadmap For Sustainable Shipping
The International Maritime Organization's Maritime Safety Committee (MSC) has approved interim guidelines for the safe operation of ammonia-fueled ships. This is a significant step...
Evergreen Speculated To Shift Hub From Tanjung Pelepas To Singapore
Evergreen, the Taiwanese mainline operator, has declined to comment on speculation regarding its potential shift of port calls from Malaysia’s Port of Tanjung Pelepas...
BIMCO’s FuelEU Maritime Standard Clause For Time Charter Parties
BIMCO’s new FuelEU Maritime standard clause for time charter parties introduces a structured approach to achieving FuelEU compliance while aligning the interests of vessel...
LNG Bunker Prices Diverge: Rotterdam Slips, Singapore Rises
LNG bunker prices in Rotterdam decreased slightly, while Singapore saw a moderate price increase this week, reflecting regional market dynamics and weather forecasts.
...
Biofuel Market Watch: Singapore and Rotterdam Trends
Biofuel prices in Singapore and Rotterdam saw mixed trends over the past week. Due to shifts in underlying prices and market dynamics, there...
Charting the Course: A Guide to the 2025 Shipping Landscape
Xeneta summarizes 5 strategic insights on rates, capacity, and global shocks to teering through 2025 shipping landscape.
Shipping Outlook: Challenges and Opportunities
In the first 32...
SLPHA Updates on AIS & IMO 2020 Fuel Regulations
Sierra Leone Ports & Harbours Authority (SLPHA) has issued the latest Automatic Identification System (AIS) policy, reports North Standard.
SLPHA Updates on AIS and Fuel...
AET & SMF Team Up to Support Singapore’s Maritime Talent
AET and the Singapore Maritime Foundation (SMF) have signed a Memorandum of Understanding (MoU) to develop Singapore’s maritime talent pool jointly.
Under the...
Maersk Eyes India for Ship Recycling
Denmark's A.Ρ. Moller-Maersk Group A/S, which runs Maersk Line, the world's second-largest container carrier, foresees a "challenge" in recycling big post-Panamax ships globally, including...
