WSC Reports The Lowest Container Losses on Record
The number of containers lost overboard in 2022 is 661, the World Shipping Council (WSC) said in its annual report on containers lost at...
Navigating Sustainability in the Logistics Industry
Climate change is escalating and causing severe disruptions worldwide due to the increasing emissions from various sources such as vehicles, factories, farms, and more....
Shipping Giant Adds Colombo Call As Sri Lanka Repairs Unrest Damage
Wan Hai Lines has added a call at Colombo, Sri Lanka, to its Asia-US East Coast service. On 16 May, the newly built 13,000...
OSM Thome Merger Receives Official Approval!
The merger of OSM Maritime Group and Thome Group has been approved by the relevant competition authorities. The merged company, OSM Thome, is a...
Quebec Government Investing In Development Of St. Lawrence Smart Corridor
The environmental certification programme Green Marine has reported that four of its members have received funding from the Quebec government for their intelligent marine...
Oil Prices Edge Up By 1% Amid Surging Demand And Shrinking Supply
Oil prices edged up 1% on Monday with a rise in U.S. gasoline futures and forecasts for oil demand to rise in the second...
Toro Announces The Sale Of The M/T Wonder Polaris And The M/T Wonder Bellatrix
Toro Corp. (NASDAQ: TORO) (“Toro”, or the “Company”) announces that on May 18, 2023 and on May 12, 2023, the Company entered into two...
Yang Ming Picks Hyundai Heavy To Build Five LNG-Powered Containerships
Taiwan’s Yang Ming Marine Transport has picked South Korean shipbuilder HD Hyundai Heavy Industries to build five LNG-powered containerships, according to shipbuilding sources and...
Five Inducted Into International Maritime Hall Of Fame
The Lighthouse held a ceremony at Pier 61 at Chelsea Piers in New York City, five global shipping and intermodal leaders were recently inducted...
Gibson Tanker Market Report
The OPEC+ coalition made a surprise decision to implement fresh production cuts, with concerns over the global economy and banking crisis being cited as...
- Advertisement -
APLICATIONS
US- Asia Pacific Arbitrage Drives VLGC Demand & Rates
According to an Argus Media report, arbitrage economics between the US and the Asia-Pacific region must remain attractive to support Very large gas carriers...
