Drewry Intra-Asia Container Index Declines 6% Amidst Cooling Market

Drewry's Intra-Asia Container Index (IACI), a measure of average spot container freight rates within the region, declined by 6% in the fortnight ending December...

Two Bulk Carriers Collide In China’s Yangtze River, Minor Oil Spill...

Two bulk carriers collided in China's Yangtze River, the Maritime and Port Authority of Singapore (MPA) said, adding that no injuries to the crew...

Hanwha Secures WTIV Contracts For Domestic Market

Hanwha Ocean and another major South Korean shipbuilder have secured contracts to build wind turbine installation vessels (WTIVs) for domestic companies. The combined value...

Persistent Issue Of Customs Fines In Argentine Ports

Ships calling at Argentine ports continue to face challenges with customs fines due to discrepancies in declarations and store lists. Under the Customs Code, Argentine...

HJ Heavy Industries Secures Design Approval For 88,000㎥ VLAC

HJ Heavy Industries announced that it had obtained design concept approval for an 88,000㎥ Very Large Ammonia Carrier (VLAC) from Lloyd’s Register (LR), a...

Brazil And Jamaica Advance Port Waste Management Plans To Combat Marine...

Brazil’s Port of Maceió and Jamaica’s Kingston Wharves Port have taken significant steps toward protecting the marine environment from ship-generated pollution by drafting comprehensive...

Milestone In Kiel Canal Expansion As Dredging Reaches Key Stage

Dredging for the first phase of the Kiel Canal expansion is nearing a milestone, with 1.1 million cubic meters of soil removed. DEME...

Construction Of Antwerp Coordination Center Officially Underway

Construction of the Antwerp Coordination Center (ACC) at Zandvliet-Berendrecht Lock has officially begun. The ACC will be operational by the end of 2026,...

Navigating Uncertainty: How Collaboration Drives Emissions-Free Shipping

Stakeholder collaboration and risk-sharing are crucial for achieving compliant and sustainable shipping operations. Data-driven tools and energy-saving devices (ESDs) can support compliance with...

The Reality of FuelEU in Numbers

FuelEU is a transformative EU regulation requiring shipping companies to reduce GHG intensity in fuels by 80% by 2050. Scenarios using biodiesel and...