BIO-UV Urges Action as BWTS Failures Rise Ahead of 2025 Inspections

Over 30% of Vessels Failing D-2 Compliance Despite Type-Approved Systems. Routine Maintenance and Crew Training Key to BWTS Performance. 2025 PSC Campaign to Focus on Ballast Water Management Compliance. Ballast Water Treatment Systems (BWTS)...

Russian Oil Imports Decline as U.S. Pressure Mounts on Asian Buyers

. India and China Reduce Russian Crude Imports Amid U.S. Pressure. No Formal Ban, But Market Pricing Drives Import Decline. Urals Discount Narrows as Supply Tightens and Prices Rise. Rising pressure from the U.S. on...

Rosmorport Issues $39.5 Million Tender for Underwater Ship Inspections

New Inspection Drive Targets Explosives Below Ship Hulls in Baltic Ports. Tender Split into Four Contracts Covering Key Russian Baltic Terminals. Eco Wizard Incident Raises Security Concerns at Russian Ports. FSUE Rosmorport, the state-owned...

Secure Release Order to Replace PIN System at German Ports

PIN-Based Container Release to Be Replaced by Digital Authorisation. Secure Release Order Ensures Traceable and Exclusive Pick-Up Rights. Maersk Adopts 'German Ports' Platform for Standardised Release Process. Maersk aims to keep all stakeholders informed...

Drewry Records Weekly Shipping Gains Led by LPG and Crude Tankers

Port and terminal equities posted solid gains, led by Global Terminal Operators rising 4.1% in a strong week for the sector. Container shipping saw a slight decline due to falling transpacific freight rates,...

New EU Sanctions Target Russian Crude Sales, Shipping Fleet, and Chinese Banks

EU and UK ramp up sanctions by introducing a flexible oil price cap and blacklisting 105 vessels from Russia’s shadow fleet. New measures target enforcement gaps, following the G7’s largely ineffective $60 crude...

From Paradise to Pandemic: Cruise Vacation Marred by ‘Mystery’ Illness

What was meant to be a relaxing luxury cruise quickly turned into a health emergency after more than 140 people on board fell ill with a sudden gastrointestinal illness. The outbreak affected 134 passengers...

Baltic Exchange Launches 2025 Global Shipping Hub Rankings

The Baltic Exchange has officially launched the 2025 edition of the Xinhua-Baltic International Shipping Centre Development Index (ISCDI) during the China Maritime Day Forum held in Shanghai. Baltic Exchange launches 2025 Xinhua Report  Now in its...

Blank Sailings Drop but Overcapacity Keeps Rates Under Pressure

Global Container Market Volatile as US Imports Slow. Transpacific Demand Weakens, Freight Rates Fall 5%. Drewry Index Slides 3% Amid Persistent Overcapacity. The global container shipping market is still being influenced by changing tariffs,...

Suez Canal Revenues Fall 63%, IMF Forecasts Further Decline

Egypt Loses $6 Billion as Red Sea Crisis Cuts Canal Traffic. IMF Warns of Further Revenue Drop for Egypt’s Suez Canal. Ship Rerouting via Cape of Good Hope Halves Canal Transits. The Suez Canal,...