This Week Trends
Premiums of Fujairah-delivered 380 CST HSFO against the FOB Arab Gulf 180 CST HSFO cargo assessment averaged $19.31/mt in February.
The premiums averaged $13.55/mt over March 1-15, according to the data.
Traders said they expect the pricing to...
Bunker fuel costs are set to increase in New Orleans as supplier Stone Oil implements a new flat rate.
Rising operational expenses have necessitated the price hike, which is expected to impact shipping costs in the region.
While...
Container line Hapag-Lloyd said Monday that one of its vessels diverted to Ensenada, Mexico.
It was to evacuate three crew members with COVID-19 to a hospital.
A Freight Wave news source says that Hapag-Lloyd diverts vessel to Mexico after...
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Hot Stuff Coming
UNESCO Urges Major Boost in Scientific Engagement for the Ocean
On the eve of the third United Nations Ocean Conference (UNOC3), which is taking place in Nice, France, from June 9 to 13, 2025,...
Report Offers Blueprint For Port Bunkering Of Green Methanol And Ammonia By 2030
A new report from the Global Maritime Forum and RMI outlines strategies for ports to become first movers in providing green methanol and...
Cyber Risks in Dutch Seaports: A Growing Concern
Collaborative Cyber Strategy Launched for Dutch Seaports.
FERM Foundation Expands to National Cybersecurity Platform.
BOZ and Partners Unite to Strengthen Port Resilience.
Digital threats...
Demurrage Report: World’s Top 5 Most Expensive Ports are in the US
Demurrage and Detention (D&D) charges imposed on US shippers by container lines continue to be the most expensive in the world and have increased...
LATEST ARTICLES
China Advances Green Shipping With New 10,000-Tonne New-Energy Bulk Carrier Programme
Shandong Port Group and Anhui Port & Shipping Group have signed a major contract to build ten 10,000-tonne-class new-energy bulk carriers for Shenzhen Weiqiao...
VLCC Market Surge Driven By Solid Fundamentals As Earnings Break $100,000/Day
The VLCC market has entered one of its strongest phases in recent years, with earnings surging past $100,000 per day. As highlighted in the...
Rotterdam Advances Green Bunkering Infrastructure Amid Call For Global Decarbonization Rules
The Port of Rotterdam is accelerating its transition toward sustainable marine fuels through major infrastructure expansions and pilot projects. However, the absence of global...
Has The Green Transition Been Derailed? Shipping Faces Uncertain Future After...
Global climate diplomacy has hit turbulent waters. Following the International Maritime Organization’s (IMO) stalled progress on its Net-Zero Framework and an underwhelming outcome at...
AAL Shipping Wins Bulk And Specialised Shipping Award At DCN 2025
AAL Shipping has achieved a significant milestone by securing the prestigious ‘Bulk and Specialised Shipping Award’ at the DCN 2025 Australian Shipping & Maritime...
UK P&I Club And TT Club Explore Landmark Merger To Reshape...
Two of the world’s most established mutual insurers in the global shipping and logistics sectors the UK P&I Club and TT Club have announced...
Unifeeder Joins DCSA+ to Drive Digital Standardisation in Global Shipping
Unifeeder, the largest feeder and shortsea network in Europe and part of the DP World Group, has joined the DCSA+ partnership program to help...
SWS Delivers Next-Generation Green Aframax Tanker ‘CSK JUBILEE’
On November 24, Shanghai Waigaoqiao Shipbuilding (SWS) held a delivery signing ceremony for the 114,000 DWT Aframax product tanker CSK JUBILEE, built for Hong...
India Seeks South Korea’s Expertise to Accelerate Shipbuilding Vision for 2047
Seoul, Nov 25 (IANS) India sees South Korea as a strong partner in its efforts to expand shipbuilding capacity and strengthen maritime security, Minister...
Russia Moves to Expand Oil and LNG Exports to China as...
Russia sees scope to boost oil exports to China and to deepen cooperation on supplies of liquefied natural gas, Russian Deputy Prime Minister Alexander...





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