Freight Rates Surge as Shipping Feels ‘Whipsaw’ Event with Tariff Changes
Freight rates jump sharply due to sudden shifts in U.S. tariff policy.
A wave of shipping orders followed the pause in tariffs, overwhelming...
BIMCO to Introduce Biofuel Clause for Time Charter Parties
New BIMCO Subcommittee Tackles Biofuel Challenges in Shipping.
Biofuel Clause Aims to Clarify Charter Party Obligations.
BIMCO Drafting Contractual Framework for Biofuel Use.
BIMCO...
Union Maritime to Launch First WindWings®-Equipped Newbuild Tanker
Brands Hatch to Cut CO₂ Emissions by 3,800 Tonnes Annually.
Union Maritime Builds World’s Largest Wind-Assisted Fleet.
WindWings® Provide 30% Efficiency Boost Over...
PSA International Joins GCMD as Strategic Partner to Drive Maritime Decarbonisation
PSA International and the Global Centre for Maritime Decarbonisation (GCMD) have signed a five-year strategic partnership to accelerate decarbonisation across global port ecosystems.
...
Panama Canal Disruption Charges – Reminder
Ships transiting the Panama Canal are subject to “Disruption Charges” ranging from USD 15,000 to USD 250,000, based on the severity and timing...
397,000 TEU Capacity Added on Asia–North America West Coast Trade Lane
A surge in transpacific shipping capacity is underway following the pause in the US–China trade war, with Asia–North America West Coast (NAWC) capacity...
South Africa Starts Design Phase for State Shipping Line
South Africa has launched its first initiative since 1999 to establish a national shipping company, SASCO, aiming to reduce reliance on foreign carriers...
Russia Projects 50% Surge in Foreign Voyages via Northern Sea Route in 2025
Russia anticipates a 50% year-on-year increase in foreign vessel traffic through the Northern Sea Route (NSR) in 2025, positioning it as an alternative...
US Tariff Threats and China Sanctions Create “Strategic Uncertainty” for Shipowners
The sentiment regarding new ship orders is indeed quite subdued in the first half of 2025, with expectations for this weak trend to persist...
Despite Increased Traffic, Red Sea Remains Below Normal as Aspides Seeks More Ships
Rear Admiral Vasileios Gryparis, the commander of the EU's Aspides naval mission, has reported a notable increase in Red Sea marine traffic since August...
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APLICATIONS
Stranded at Sea: The Growing Epidemic of Abandoned Seafarers
Thousands of crew members are left stranded on vessels without pay, food, or a way home.
Seafarer abandonment increased by 135% in 2024,...
