New IMO Guidelines Aim To Reduce Underwater Radiated Noise From Ships
With growing global concern over the impact of underwater radiated noise (URN) on marine ecosystems, the IMO’s Marine Environment Protection Committee (MEPC) has released revised URN reduction guidelines, effective from 1 October 2023.
These updated...
Maersk And Saudi Post Join Forces To Power eCommerce Logistics In Saudi Arabia
Maersk Saudi Arabia and Saudi Post Company (SPL) have signed a strategic Memorandum of Understanding (MoU) to establish a powerful logistics partnership.
The collaboration aims to streamline logistics and supply chain services for global eCommerce...
New SOLAS Regulations Set To Strengthen Safety Standards For Lifting Appliances From 2026
A new SOLAS regulation, supported by IMO MSC.1/Circ.1663 guidelines, outlines stricter safety and certification requirements for lifting appliances used on ships.
The amendments, effective from 1 January 2026, aim to enhance maritime safety through robust...
ABS-Led Group Plans Floating Nuclear Energy for Ports
ABS, CORE POWER, and Athlos Energy have announced a new consortium to assess the feasibility of deploying floating nuclear power plants (FNPPs) to serve islands, ports, and coastal communities in the Mediterranean Sea.
The initiative...
Two Crew Members Charged In Fatal Maritime Collision Near Pedra Branca
Two men are facing charges under the Merchant Shipping Act following a deadly maritime collision off the coast of Singapore that resulted in one death and serious injuries. The incident occurred 55km north-east of...
T. Parker Host Acquires Transmarine for U.S. Expansion
HOST Expands Nationwide with Transmarine Acquisition.
HOST Enters West Coast and Hawaii, Forms Coast-to-Coast Maritime Network.
T. Parker Host Strengthens U.S. Maritime Leadership with Transmarine Deal.
T. Parker Host (HOST), a top player in...
Crude Oil Prices Stabilize as Inventories Offset Geopolitical Tensions
Crude Price Spike Softened by Rising Global Inventories.
Ceasefire and Stockpiles Limit Oil Market Impact of Conflict.
China Leads Stockpiling as Oil Prices React to Middle East Unrest.
Over the last month, crude oil...
Drewry WCI Declines as US Demand Weakens and Rate Volatility Looms
Container Rates Drop for Third Week as Imports Slow.
Transpacific Freight Rates Decline Sharply, Says Drewry.
Shanghai to US Spot Rates Fall Despite Recent Gains.
Drewry’s World Container Index (WCI) took a hit this...
HMM to Expand Algeciras Terminal with €150 Million Investment
HMM Launches Major Expansion of Spanish Terminal TTIA.
HMM and CMA CGM Back €150 Million Algeciras Terminal Upgrade.
TTIA Expansion to Boost Capacity to 2.8 Million TEU by 2028.
HMM announced on July 2...
Germany and Sweden Target Shadow Fleet with New Baltic Rule
New Tanker Insurance Rule Hits Russian Shadow Fleet in the Baltic.
Baltic Crackdown Begins as Germany and Sweden Demand Tanker Insurance Proof.
Fehmarn Belt Rule Targets Uninsured Tankers Amid Shadow Fleet Concerns.
German authorities...