LATEST ARTICLES

San Pedro Bay Ports Face Record-High Truck And Rail Container Dwell...

According to Container News, the San Pedro Bay ports, encompassing the Ports of Los Angeles and Long Beach, reported their highest levels of the...

PSA unboXed And Amperesand Partner To Boost Port Decarbonisation

According to Container News, PSA unboXed, the external innovation and corporate venture capital arm of PSA International, has teamed up with Amperesand, a grid...

China’s Stimulus Package Expected To Boost Dry Bulk Market

China recently announced a new economic stimulus package that includes interest rate cuts, a reduction in the reserve requirement ratio, and structural monetary policies....

ReCAAP ISC Reports Four Armed Robbery Incidents In Asia

Safety4Sea highlights that, between October 15-21, the ReCAAP ISC recorded four incidents of armed robbery against ships in Asia. Three incidents occurred on bulk...

Supramax Market Weakens Due To Limited Cargo

The Supramax shipping market in the Continent and Baltic Sea regions experienced a weak trading week from October 14th to 18th. This was primarily...

VLCC Market Strengthens Amid Geopolitical Tensions And Winter Demand

According to Breakwave advisor's highlights, the VLCC market gained momentum in October as geopolitical unrest in the Middle East and winter demand fueled higher...

Singapore To Build Second LNG Terminal

Singapore's second LNG terminal will be an offshore floating storage and regasification unit (FSRU) with a capacity of 5 million metric tons per year....

IRS And SeaTech Sign MOU To Drive Green Shipping Initiatives

According to Ajot reports, the Indian Register of Shipping (IRS) and SeaTech have signed an MOU focusing on green maritime initiatives, including the Green...

Sweden Advances Maritime Decarbonization with First 100% Electric Pilot Boat

Artemis Technologies, a global leader in high-performance maritime innovation, has been awarded the tender to supply the Swedish Maritime Administration (SMA) with a 100% electric Artemis EF-12...

WTO Raises 2024 Trade Forecast, But Risks Remain

The World Trade Organization (WTO) has slightly revised its forecast for global merchandise trade growth in 2024, predicting a 2.7% increase from the previous...