Ripley Group Wins 15-Year Green Tug Charter

Kolkata-based Ripley Group succeeds the tender for an electric green tug held by Gujarat-based Port Authority with the lowest bid price Netincon Marketing...

Dry Bulk Market Weekly Summary Capesize Holds Firm as Smaller Segments Soften

This week’s dry bulk market reflected a mixed performance across vessel sizes. Capesize vessels continued to benefit from tighter tonnage and active cargo flows,...

Tanker Market Weekly Update LR1s and MRs Diverge While Crude Rates Slip Globally

This week’s global tanker market witnessed a mixed performance across vessel classes. Clean tankers showed varied trends, with LR1s experiencing significant rate drops while...

Syria Signs 30-Year Port Deal With CMA CGM For Latakia Terminal Expansion

Syria has signed a significant 30-year concession agreement with French shipping giant CMA CGM to upgrade and expand operations at Latakia Port, the country’s...

IMO’s Proposed GHG Regulations Inaction Not An Option For Shipping Industry

In an era of tightening climate regulations, the maritime sector faces a pivotal moment. A recent webinar hosted by Lloyd’s Register (LR) made it...

New Financing Guide Launched To Boost Wind-Powered Shipping Projects

To support the growing movement toward wind-powered maritime transport, a new publication titled “Practical Guide to Financing Wind-Powered Vessel Projects” was officially released on...

Carbonbid Initiative Targets Emissions Reduction In Rotterdam Port

The Port of Rotterdam Authority has launched Carbonbid, a pilot program aimed at accelerating emissions reductions in the Rotterdam port area through targeted financial...

Pilbara Ports Unveils New Ship WiFi Program to Enhance Seafarer Welfare

Pilbara Ports’ new Ship WiFi Support Program offers free data top-ups for onboard WiFi systems at the Port of Port Hedland. The initiative...

Seaspan Taps SWS for Fleet Expansion with 6 Boxship Orders

CSSC Waigaoqiao Shipbuilding and Seaspan Corporation have entered into shipbuilding contract for six 10,000 teu containerships which are expected to take delivery in 2028,...

Port of Melbourne Sees Drop in Container Throughput Amid Congestion

The Port of Melbourne recorded a 6% year-on-year decline in container throughput in August 2024, handling around 252,000 TEUs, reports Container News. The drop was...