Lessons Learned: Fatality Caused by Burning Plastic on Deck
A tragic incident occurred aboard a vessel where a crew member lost their life due to the burning of plastic materials on deck, reports...
Xeneta Update: Tariffs Reshape Ocean Freight Rates
The latest market insights from Xeneta reveal significant shifts in ocean freight rates, driven by evolving trade patterns and tariff policies.
Spot rate surge from...
GMS: Uncertainty Around US Tariffs Shakes Markets
GMS reports that fluctuating U.S. tariff policies have introduced significant volatility into global markets, causing widespread uncertainty.
The uncertainty has led to a...
EIB Strengthens Climate Resilience of Greek Ports
The European Investment Bank (EIB) is providing advisory support to enhance the climate resilience of Greek ports, focusing on Volos, Alexandroupoli, and Patras.
...
CMA CGM Expands Turkish Footprint with $440M Logistics Acquisition
CMA CGM's subsidiary CEVA Corporate Services has signed a deal to acquire Turkish conglomerate for $440 million.
CEVA said its planned acquisition of...
Egypt Modernizes Suez Canal Fleet with New Locally Built Tugboats
Egypt's Suez Canal Authority (SCA) has introduced two domestically constructed tugboats, each with a 90-tonne bollard pull.
This marks a significant step in...
Trump Calls for Free US Ship Passage Through Suez & Panama...
Donald Trump called for free passage of American military and commercial ships through the Panama and Suez canals, claiming the US was instrumental...
HD Korea Secures 2.5 Trillion Won Container Orders
HD Korea Shipbuilding Secures 2.5 Trillion Won Orders for 22 Container Ships.
16 Ships to be Built in Ulsan, 6 in Yeongam for...
IMO Designates North-East Atlantic ECA
ECA will cover exclusive economic zones and territorial seas of several countries.
Final adoption scheduled for October 2025, with regulations in force by...
Collision Causes Oil Spill and Damage on Long Tau River
KMTC Surabaya strikes Glengyle near Ho Chi Minh City.
Glengyle’s hull ripped open, and oil spilt into the river.
No injuries reported; KMTC...