Port of Long Beach Sees 8.2% Cargo Decline in May
Trade moving through the Port of Long Beach declined 8.2% in May due to tariffs and retaliatory tariffs, but a temporary pause on those...
Suez Canal Receives First Giant Container Ship in 15 Months
CMA CGM OSIRIS becomes the first large container ship to transit the Suez Canal since March 2024, signaling a return to normalcy after...
Frontline Ships Continue Persian Gulf Loading Amid Israel-Iran Conflict
Global shipping major Frontline has continued to offer its ships for loading in the Persian Gulf amid the Israel-Iran conflict, and completed at least...
Spot Rates Drop on Transpacific Routes as Sailing Cancellations Ease
Transpacific Spot Rates Plunge Amid Weak Demand.
Asia–Europe Rates Rise 5% as Peak Season Begins.
Transatlantic Rates Hold Steady Despite Market Shifts.
Global container...
India Prepares Oil Backup Plan in Case of Hormuz Disruption
1.5 Million Barrels Daily at Risk Through Hormuz Route.
India May Curb Fuel Exports to Safeguard Domestic Needs.
Reliance, Nayara Handle 82% of...
Oil Tanker Collision Near Strait of Hormuz Raises Security Fears
The United Arab Emirates blamed navigational errors for a collision involving two oil tankers near the Strait of Hormuz on Tuesday. The incident raised...
Maersk Halts Vessel Calls at Port of Haifa Amid Israel-Iran Conflict
Maersk halts vessel calls at Port of Haifa, Israel.
Decision follows risk assessment linked to Israel-Iran conflict.
Cargo acceptance for Haifa also suspended...
Global Maritime Leaders Call for Action to Protect Seafarers from Unfair Detention
Leading maritime organizations urge fair treatment and due process for seafarers detained during duty-related incidents, citing rising criminalization concerns.
The IMO, ILO, ICS,...
BRANDS HATCH Becomes World’s Most Powerful Wind-Assisted Cargo Ship
Union Maritime’s 114,000 DWT tanker BRANDS HATCH is now the most powerful wind-assisted cargo vessel, equipped with BAR Technologies’ WindWings®.
The sails reduce...
[Podcast] Who Gains, Who Loses? Maritime Voices on Carbon Compliance
Industry experts discussed the impact of rising carbon compliance costs on global shipping at a Nor-Shipping event in Oslo.
The conversation highlighted how...
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APLICATIONS
Aker Solutions Commits To Science Based Targets Initiative
Aker Solutions announces today an acceptance of its ambitious climate commitment by the Science Based Targets initiative.
In line with the science-based criteria,...
