Containers Quarterly: Asia–Europe Freight Rates Sink to Multiyear Lows
Spot rates collapse across Q3 to multiyear lows
PCR1 drops nearly $2,000/FEU in three months to $1,300
PCR3 falls $2,200/FEU to $1,600 as Med weakness accelerates
Carriers announce GRIs and blank sailings, but...
Technical Failures Trigger PSC Penalties in Shanghai Waters
Following a recent increase in such incidents on this busy and complex waterway, the Shanghai Maritime Safety Administration (MSA) is highlighting preventive safety measures as these incidents pose significant risks to navigational safety, environmental...
BIMCO Highlights Safety Challenges of Distractions at Sea
The 11th BIMCO Tanker Safety Network meeting discussed the growing safety challenge of distraction at sea, with a focus on new guidelines and shared best practices.
The meeting was chaired by Pranesh Kumar, General Manager...
Rotterdam Port Faces Standstill as Lashers Demand Fair Pay
Dockworkers at International Lashing Service (ILS) and Matrans Marine Services in the Port of Rotterdam will go on strike for 48 hours, starting Wednesday, October 8, at 3:15 p.m. and ending Friday, October 10,...
GlobalLogic and ISSPL Partner for AI-Driven Industrial Transformation
GlobalLogic Teams Up with ISSPL for AI-Enabled Industrial Transformation.
AI and Digital Engineering to Drive Industrial Modernisation Through New Alliance.
GlobalLogic-ISSPL Collaboration Targets Safer, Smarter Industrial Operations.
GlobalLogic, part of the Hitachi Group and...
Environmental Groups Urge IMO to Restrict Crop-Based Biofuels in Shipping
Leading environmental organisations have come together to present a joint proposal to the International Maritime Organisation (IMO). They’re calling for action to prevent the shipping industry from expanding into crop-based biofuels, which could jeopardise...
China Strengthens Trade Ties with Brazil Amid Global Shifts
Brazil Gains as China Moves Away from Australian Iron and U.S. Soy.
China-Brazil Trade Realignment Reshapes Global Shipping.
Political and Trade Risks Drive China Toward Brazil.
Beijing's decision to stop importing Australian iron ore...
IMO Chief Mourns Seafarer Killed in Houthi Attack
Dominguez Grieves Seafarer Killed in Gulf of Aden.
IMO Blasts Houthi Attack That Claimed Seafarer’s Life.
Seafarer Dies in Houthi Strike, IMO Expresses Sorrow.
The Secretary-General of the International Maritime Organisation (IMO), Arsenio Dominguez,...
US Port Fees, and $3 Billion in Costs, Loom for Owners of Chinese-Built Ships
Trump’s Port Fee Policy to Hit Global Carriers With $3.2 Billion Cost.
Shipping Industry on Edge as U.S. Targets Chinese-Built Ships.
New U.S. Port Fees Aim to Curb China’s Maritime Dominance.
The United States...
Hafnia and DNV Launch Pilot to Monitor Underwater Noise from Ships
Hafnia, in partnership with DNV, is piloting a system to monitor and manage underwater radiated noise (URN) on its vessels.
The project is operational on the Hafnia Excel and Hafnia Osprey, providing continuous...