EU Unveils 19th Sanctions Package Targeting Russia’s Oil Exports And Shadow Tanker Fleet
The European Union has announced its 19th sanctions package against Russia, introducing tougher measures on energy companies, shadow tankers, and foreign oil buyers that...
Finnmaster Fire Prompts Calls For Stronger International Maritime Fire Safety Standard
A 2021 fire aboard the Finland-registered roll-on/roll-off cargo vessel Finnmaster has prompted calls for international changes to maritime fire safety regulations. The UK Marine...
IMO Explores Onboard Carbon Capture And Storage As A Path To Decarbonizing Shipping
Onboard Carbon Capture and Storage (OCCS) is gaining momentum as a promising solution to reduce greenhouse gas (GHG) emissions from international shipping. To highlight...
Port Of Barcelona Marks One Year Of Onshore Power Supply At BEST Terminal
The Port of Barcelona is celebrating one year since the successful launch of its Onshore Power Supply (OPS) system at the BEST terminal. The...
AD Ports Group Breaks Ground On Noatum Ports Luanda Terminal
AD Ports Group, in partnership with Unicargas and Multiparques, has officially laid the foundation stone for the Noatum Ports Luanda Terminal at the Port...
UK Maritime Sector At A Crossroads Promises, Pitfalls, And The Path Ahead
London International Shipping Week highlighted both optimism and caution for the UK’s maritime future. While London remains among the top five global maritime hubs,...
USTR Section 301 Set to Reshape Tanker Trade and Freight Rates
VLCC rates firm in AG market, WS105 for AG/China, WS58 for AG/USG.
Eastbound Suezmaxes strengthen; owners push over 140 x WS65.
Aframax market...
China-US Exports Drop as Container Rates Fluctuate
Fourth round of trade talks held in Madrid.
FBX01 (China to US West Coast) dips to $1,728, now $2,295.
FBX03 (China to US...
ZIM Board Resists Glickman-Ungar Buyout Bid
The proposed offer is seen as below the board’s valuation expectations.
ZIM holds $2.8bn in cash but faces $5.7bn in liabilities.
Evercore hired...
NYK to Expand LNG Tanker Fleet 50% by 2029
CEO cites rising decarbonization-driven demand for LNG.
Global LNG consumption forecast to rise 60% by 2040.
Industry set to require over 240 new...
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APLICATIONS
Port of Melbourne Reports Strong Growth in January 2025 Trade
Container Throughput Rises to 289,000 TEUs.
Imports and Exports See Year-on-Year Growth.
Non-Container Trade Surges by 16%.
The Port of Melbourne posted a year-on-year...
