Container Rates Slide Further, but Pace of Decline Slows
Rates continue to come under pressure following the recent trend but at a steady pace with the drop slowing, reports the Baltic Exchange.
The FBX headline rate is down 2% over the week. FBX01 falling...
Hengli Heavy Industry Secures $900 Million VLCC Orders, Strengthening China’s Shipbuilding
ST Songfa’s subsidiary, Hengli Shipbuilding (Dalian) Co., Ltd., has made a major stride in the global shipbuilding sector by signing contracts for the construction of six Very Large Crude Carriers (VLCCs). The total deal,...
Rotterdam Port Wins Temporary Relief as Strike Suspended
Rotterdam Port will resume operations for four days starting Monday, October 13, at 7:00 a.m., following a court-mediated agreement between logistics sector representatives and the dockworkers’ union FNV Havens, reports Port News citing a...
Port Of Philadelphia Named North America’s Most Productive Port For The Second Year In...
The Port of Philadelphia has once again made history by being recognized as the most productive port in North America, according to the 2024 Container Port Performance Index (CPPI) released by the World Bank...
Stena Line Strengthens Resilience Across the Irish Sea
Stena Line has entered into a temporary agreement to share freight and passenger space on the Irish Sea. A strategic collaboration with Irish Ferries will enable essential dry-docking of vessels, whilst ensuring service continuity,...
London P&I and Stella Maris Champion Seafarers’ Mental Health
To mark World Mental Health Day, The London P&I Club has funded one full day of Stella Maris’ UK operations, supporting the charity’s work in providing practical, spiritual, and emotional support to thousands of...
Australia And India Strengthen Maritime And Defence Cooperation
Australia and India have taken another major step in strengthening their defence partnership, with a particular focus on maritime collaboration. During the inaugural Australia–India Defence Ministers’ Dialogue, both nations reaffirmed their shared vision for...
[Watch] Ship Incinerator Operation
Managing garbage on ships is crucial as they do not have enough space to store it, and they cannot throw it overboard as it is against the MARPOL Annex IV regulation.
Marine Insight explains the...
IMO Net-Zero Framework Compliance Rules for Ships from 2028
IMO NZF to Apply to Ships 5,000 GT and Above from January 2028.
Exclusions Clarified for Flag-State Vessels and Offshore Platforms.
Understanding IMO Net-Zero Compliance Key to Reducing Emissions Costs.
The Mærsk Mc-Kinney Møller...
P&I Clubs Issue Safety Alert on Methane Hazards in U.S. Coal Shipments
Methane Levels Exceed 20% LEL on Coal Cargoes Despite Declarations.
IMSBC Code Guidelines Emphasised for Safe Coal Handling.
Enhanced Safety Precautions Advised for Methane-Emitting Coal.
The International Group of P&I Clubs recently put out...