MSC 110 Adopts Amendments to Enhance Maritime Safety and Security

High-Speed Craft Codes updated with new lifejacket requirements. IMSBC Code revised with technical updates and cargo schedules. SPS Code amended to align with...

NRF: Imports Dip After Summer Surge on Tariff Concerns

Summer import volumes hit near-record highs as retailers rushed to stock up ahead of rising tariffs, but monthly cargo volumes are now forecast...

WSC launches Cargo Safety Program to Prevent Ship Fires and Protect...

Misdeclared dangerous goods drive rise in cargo incidents. AI-powered screening tool scans millions of bookings. Common inspection standards and a feedback loop were...

Is Global Trade Finally Ready to Go Digital?

Despite rapid digital transformation across industries, international trade still relies heavily on paper-based systems, slowing efficiency and resilience. OECD analysis shows that digitising...

Union Maritime to Expand Fleet with Wind-Powered Vessels

Union Maritime celebrated a significant achievement with the arrival of its new tanker, Brands Hatch, in Rotterdam on September 8th. The vessel is the...

India’s Largest Port Operator Aligns with Western Sanctions

Adani Group, India's largest private port operator, has officially banned tankers sanctioned by Western countries from entering any of its 14 ports. This decision...

Volatile Week for Shipping Stocks as Mercantile Port & Logistics Plummets...

The DynaLiners Shares Index (DLSI) saw a 1.2% increase this week, advancing 26 points, but this gain was not enough to fully recover from...

VLCC and Suezmax Rates Soar While Aframax Shows Mixed Trends

The VLCC markets improved dramatically mid-week and remain firm with potential for further gains on the horizon. VLCC Market Performance The VLCC (Very Large Crude Carrier)...

Navios and Danaos Invest in Next-Generation Containerships

Navios Maritime Partners is purchasing four new methanol-ready vessels. Each vessel has a capacity of 8,900 TEU and costs $115.1 million. The new ships...

New Asset Freezes and Export Controls Target Russia as Japan Adjusts...

Japan has lowered its price cap on Russian crude oil to $47.60 per barrel, aligning with a similar move by the European Union. This...