Austal, Australia Ink Strategic Shipbuilding Pact
Austal Limited has signed a Strategic Shipbuilding Agreement (SSA) with the Commonwealth of Australia, officially appointing Austal Defence Shipbuilding Australia as the strategic shipbuilder for Tier 2 surface combatants.
The agreement provides a...
Germany’s Second LNG Terminal Goes Live at Wilhelmshaven
Germany will officially commence commercial operations at its second LNG import terminal in Wilhelmshaven on August 29, strengthening energy security and supply diversification.
The terminal, supported by the floating storage and regasification unit...
Qingdao Port Boosts SCO Trade with 42 Shipping Routes
Qingdao Port is strengthening its role as a key hub for multilateral trade under the China-SCO Local Economic and Trade Cooperation Demonstration Area (SCODA).
Container transport on routes to Central Asia, India, Pakistan,...
Decarbonisation and the Future of Shipping and Freight: Navigating a Sea Change
Shipping and logistics, responsible for nearly 10% of global greenhouse gas emissions, are facing immediate pressure to decarbonise, driven by regulation, customer demand, and financial scrutiny.
The industry is transitioning from heavy fuel...
The Indispensable Role of Shipping in the Global Economy and Its Path to a...
Shipping serves as the fundamental backbone of the global economy, moving nearly 90% of all international trade by volume. It is the most cost-effective and reliable way to transport goods, from raw materials to...
Capesize Activity Increases While Panamax and Supramax Markets Remain Buoyant
On the C5 front, we see miners and operators alike out seeking mid-September dates. Volumes out of other fronts of the Pacific have held up fairly well.
Capesize
In the Capesize market, both miners and operators...
VLCC and Suezmax Markets Show Resilience Despite Baltic Index’s Minor Decline
After having been on an upward trajectory in the week gone by, the Baltic Index shed a bit across the board, although probably more down to lack of reported deals than anything else.
VLCC
The market...
How Digital Twins and Blockchain are Securing the Future of Ports
Ports are no longer just places for loading and unloading goods; they are evolving into smart digital hubs that improve logistics, sustainability, and resilience. This new "smart port era" is being shaped by technology...
Port of Antwerp-Bruges Invests in Shore Power for Zeebrugge Cruise Terminal
An Onshore Power Supply (OPS) and a new high-voltage substation are being built by the Port of Antwerp-Bruges to make shore power a reality at the cruise terminal at the Zweedse Kaai in Zeebrugge....
The Digital Double-Edged Sword: Maritime Technology’s Impact on Seafarer Mental Health
The accelerating digital transformation in the maritime industry, while offering new ways to access healthcare, is also introducing new psychological stressors for seafarers. VIKAND, a leader in maritime healthcare, highlights that while technology provides...