Global Bunker Market Overview: Stability Marks the End of 2024
The global bunker market ended 2024 with stable price trends after earlier fluctuations.
The Scrubber Spread fell below profitability levels, yet scrubber adoption...
Lloyd’s Register and Mawani Join Forces to Boost Saudi Ports
Supporting Saudi Arabia's Vision 2030: Enhancing Port Operations.
Four Major Saudi Ports to Benefit from Lloyd’s Register Expertise.
ISO Certification and Environmental Standards...
DP World, Gemini Partner to Boost Canadian Cargo
DP World partners with Gemini Cooperation to introduce enhanced container services at the Ports of Vancouver, Prince Rupert, and Saint John, starting February...
KPI, Neste, and Global Energy Deliver First Renewable Diesel in Singapore
KPI OceanConnect and Neste successfully delivered Neste MY Renewable Diesel™ to the cruise sector at the Singapore Cruise Terminal in November 2024.
Neste...
Höegh Autoliners Expands Aurora-Class Fleet with Third Delivery
Norwegian shipping company Höegh Autoliners has received its third Aurora-class PCTC, Höegh Australis, from China Merchants Heavy Industry (CMHI) Haimen Shipyard on January...
DP World Reaches 100M TEU Milestone
DP World has invested over $11 billion in port infrastructure, expansions, and acquisitions to support global trade.
The company now holds a 9.2%...
Capesize Market Expected To Rebound in Mid-February
The shipping market started 2025 on a weak note, following a weak end to the previous year. However, there are indications of a possible...
VLCC Market Faces Headwinds: Daily Earnings Plunge To $20,000 Per Day
The VLCC market is currently facing significant challenges, with daily earnings for top-performing vessels hovering around $20,000 per day for Middle East Gulf to...
Infrastructure Status To Enhance Competitiveness Of Indian Shipping Sector
The Indian government is considering granting "infrastructure status" to the entire shipping industry. This move aims to boost the sector and propel India into...
Vessel Prohibited From Operating Following Safety Inspection
Finnish authorities have found serious safety deficiencies on the oil tanker suspected of damaging undersea cables in the Baltic Sea. The vessel will be...
Landmark Biofuel Bunkering For Cruise Ship In Hong Kong
Royal Caribbean Group has partnered with Chimbusco Pan Nation Petro-Chemical (CPN) to deliver B24 biofuel to its cruise ship, Celebrity Solstice, in Hong Kong....
Port Of Melbourne Reports Robust Growth Recent Container Throughput
The Port of Melbourne recorded a significant surge in container throughput in November 2024, with a total of 293,000 TEUs, marking a substantial increase...
HHLA Project Logistics Completes Its First Loading Operation In Hamburg
HHLA Project Logistics, a subsidiary of Hamburger Hafen und Logistik AG (HHLA), has successfully completed its first loading operation in the Port of Hamburg,...
PaxOcean Signs Contracts For Two Advanced Offshore Construction Vessels
PaxOcean has announced the signing of shipbuilding contracts for two state-of-the-art Offshore Construction Vessels (OCVs) with a leading European shipowner. These vessels, designed to...
Global Shipping Faces Strikes, Congestion, And Rate Surges
The shipping and logistics industry is currently navigating multiple challenges and uncertainties due to labor negotiations, seasonal demand, and rate fluctuations across various trade...
Rise In Maritime Incidents In Asian Waters
Asian waters witnessed a 7% increase in maritime incidents in 2024, totaling 107 incidents, up from 100 in 2023, according to the ReCAAP Information...
Lesson Learned: Flawed Procedures Lead to Fire Aboard PGC Patreas
Crew members aboard the vessel underwent refresher training on the company’s engineering and maintenance procedures.
The company distributed safety circulars, risk assessments, and...
AI at Sea: Securing Europe’s Underwater Cables Against Threats
A UK-led coalition of European countries has launched the "Nordic Warden" operation, utilizing AI to monitor Russia's shadow fleet and secure undersea cables.
...
BPA’s 2025 Map: Planning and Investment Challenges for Ports
The British Ports Association’s (BPA) 2025 regulatory map identifies that over 10% of port regulations require urgent reform, with planning emerging as a...
Clean Tanker Markets in Flux: Q4 2024 Review and 2025 Outlook
The clean tanker market saw contrasting trends in Q4 2024, with bearish UKC-USAC routes and volatile Med-Med rates driven by geopolitical and logistical...
