CMA CGM Expands in Egypt with Stake in October Dry Port
CMA CGM Strengthens Egypt's Presence Through Strategic Dry Port Investment.
CMA CGM Partners in Egypt’s October Dry Port to Enhance Logistics Network.
New...
LNG and LPG Markets Face Downturn as Rates Drop
Sabine–Tokyo Route Defies Trend with Gains.
Long-Term LNG Charters Slide Slightly.
LPG Freight Rates Crash Following U.S. Tariffs.
The LNG market experienced mild weakening...
Major Fire Breaks Out on Cargo Vessel in North Kent
Ten Fire Engines Battle Early Morning Blaze in Gravesend.
Firefighters Tackle Large Vessel Fire in Gravesend.
No Injuries Reported After Cargo Vessel Fire...
Redelivery Breach Without Loss Yields Only Nominal Damages
Only Nominal Damages for Shipowners When MOAs Block Further Fixtures.
MOAs Preventing Re-Chartering Nullify Substantial Damages Claim.
Charterer Breach Without Owner Loss: Court...
Acting President Trump Orders Immediate Tariff Talks with S. Korea, Japan, India
Acting President Han Duck-soo confirmed that President Trump has directed his administration to begin immediate tariff talks with South Korea, Japan, and India.
...
Rise in Aframax Shipments to Far East
March 2025 Aframax Voyages to the Far East surged by 41.94% month-on-month, driven by geopolitical tensions and falling crude prices.
Q1 2025 Aframax...
Vertom Unveils Eighth Eco Ship
Dutch shortsea shipping company Vertom Group launched Vertom Joyce, the eighth diesel-electric vessel in its LABRAX series, on April 10 at Thecla Bodewes...
Union Maritime Launches First Wind-Assisted Vessel “Buran” to Lead Global Decarbonization Drive
Union Maritime has launched Buran, its first wind-assisted ship equipped with Norsepower Rotor Sails™, initiating Project AeroPower and aiming to build the world’s...
IMO Climate Talks Lack Ambition, but Global South Rises as Key Climate Justice Advocate
The International Maritime Organization (IMO) concluded its recent meeting with a climate strategy outcome that was widely criticized as lacking ambition.
The proposed...
Panama Canal Reports Lower Vessel Transits in March Despite Lifted Restrictions
The Panama Canal Authority (ACP) reported in a bulletin that the average number of vessels transiting the waterway in March 2025 fell to 33.7...
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APLICATIONS
Elomatic and tkMS to Design New Polarstern Icebreaker
tkMS and Elomatic signed a major contract to design and develop the new Polarstern icebreaking research vessel.
The ship, to be built at...
