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HD Hyundai Wins Project for Four Ships as Peru Modernizes Navy

South Korean shipbuilder HD Hyundai Heavy Industries beat out a strong field of international competitors to win the first of...
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A Remedy for Ship Accidents: Tug Escorts

When the M/V Dali had an allision with Baltimore's Francis Scott Key Bridge at eight knots, the 116,000 deadweight tonne...
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Philippines Reshuffles its Maritime Security Command Structure

Amid China’s rising aggression in the South China Sea, the Philippines is moving to boost its maritime security through the...
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Tangled Bridge Girders Make Removing Ship “More Complicated Than We Hoped”

The operation to extricate the boxship Dali from the wreckage of Baltimore's Francis Scott Key Bridge will be even more complex than...
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Qatar Completes Conventional LNG Carrier Orders Reaching 104 Vessels

QatarEnergy reports with the simultaneous signing of four additional long-term time charter agreements it has completed a step in its...
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An Important Step Towards Safer Transportation Of Plastic Pellets

The IMO has adopted guidelines for the transport of plastic pellets at sea. The purpose is, of course, to ensure...
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How The Red Sea Disruption Is Affecting Industry

With several big shipping companies diverting their routes away from the Red Sea due to current conflicts, the delivery of...
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Vitol completes first delivery of B30 biofuel blend in Singapore

Vitol Bunkers has completed the first delivery of B30 biofuel blend in Singapore, the first time that biofuel above concentration...
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Norway’s BW LNG buys two LNG carriers from Stena Bulk, expands fleet to 34 ships

BW LNG has significantly expanded its fleet with the recent acquisition of two additional LNG carriers from Stena Bulk, it...
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The International Propeller Club’s Remarks On The Francis Scott Key Bridge Accident

The International Propeller Club mourns the loss of at least six bridge workers as a result of yesterday’s allision of...
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Magaya announces multimillion-dollar investment aimed at fortifying its digital freight platform to accommodate rapid growth and enhance customer experience

Magaya, the leading provider of logistics and supply chain automation software, is committing an additional multimillion-dollar investment in 2024 allocated...
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US exports record number of LNG cargoes to Asia via Cape of Good Hope in March

US LNG cargoes looking to reach Asia are continuing to choose the longer route through the Cape of Good Hope...
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Baltic index posts worst week in more than two months

The Baltic Exchange’s main dry bulk sea freight index extended declines on Thursday to post its worst week since early...
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Baltimore port bridge collapse: Global ocean carriers put U.S. companies on hook for urgent cargo pickup

Ocean carriers are declaring “force majeure” due to the Baltimore port bridge crisis, telling logistics companies and U.S. shippers including...
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More and more shippers are taking action on seaborne GHG emissions

Strong growth for Maersk ECO Delivery Ocean product in 2023. Over 200 customers saved more than 680,000 tons of GHG...
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Weichai Showcases Advanced Offshore Marine Power Solutions at APM 2024

The 2024 Asia Pacific Maritime (APM 2024), a cornerstone event for the maritime sector, was held at Marina Bay Sands...
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Hapag-Lloyd to seek cost cuts after net profit slump

German container shipper Hapag-Lloyd HLAG.DE on Thursday said global vessel oversupply and a crisis in the Red Sea will force...
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Baltic index posts sixth straight weekly gain

The Baltic Exchange’s main sea freight index rose on Friday and posted a sixth consecutive weekly gain, steered by strong...
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Three key takeaways from our Europe gas markets short-term outlook Q1 2024

European gas prices are currently back to pre-crisis levels, but with a complex series of factors affecting future supply and...
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Asia Fuel Oil-Spot differentials, margins end week on stable note

Asia’s fuel oil market was broadly unchanged on Friday, with spot differentials and margins holding relatively stable from the previous...
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