News Flash

S&P Global Market Intelligence Projects Supply Chain Resilience to Remain Vital in 2024, but Willingness and Ability to Pay for it May be Lacking

Resilience in supply chains remains vital but may prove too expensive for many firms, according to a new S&P Global...
Read More

Baltic index scales three-week high on smaller vessels demand

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, inched up to a three-week...
Read More

Dry Bulk Market: Positive Momentum in All Classes

Capesize The week began with an encouraging start in the Pacific market, marked by positive sentiment and a notable increase...
Read More

Dry bulk market braces for tightening Panama transit restrictions

The tightening transit restrictions through the Panama Canal are predominantly impacting the southbound trade in the region, nudging a shift...
Read More

Japanese lifters of US LNG weigh alternatives to Panama Canal amid tightening transits

Japanese lifters of US LNG are considering alternative options for shipping their winter cargoes in light of tightening restrictions through...
Read More

ICS-2 Implementation Postponement Offers Shippers Extended Period for Strategic Compliance Readiness with Trade Tech

In light of the newly announced schedule for the European Union’s Ocean Import Control System 2 (ICS-2), Trade Tech, a...
Read More

Ukraine freight costs moderate after vessel attack.

Snapshot of the global export markets for grains, oilseeds and edible oils reported by government and private sources, as of...
Read More

Shipping giant CMA CGM reports drop in quarterly profit, better volumes.

CMA CGM said on Friday its profit fell in the third quarter as a COVID-era boom in shipping continued to...
Read More

ABS Consulting Hosts Inaugural Life Sciences Maximo Summit Addressing Asset Management Strategies

ABSG Consulting Inc. (ABS Consulting), a leading global risk management company, hosted key industry players during the company’s inaugural Life...
Read More

Drewry: World Container Index Up 7%

The composite index increased by 7% to $1,504 this week and has dropped by 46% when compared with the same...
Read More

Baltic index logs weekly gain as rates across vessels rise.

The Baltic Exchange’s dry bulk sea freight index rose on Friday, marking a weekly rise, steered by higher rates across...
Read More

China’s weekly coastal bulk freight index rises.

China’s coastal bulk freight index increased during the week ending on Nov. 10, according to the Shanghai Shipping Exchange (SSE)....
Read More

Charging Lithium-Ion Batteries Caused Fire Destroying Tanker’s Bridge

While there has been a lot of attention to the dangers of transporting battery-powered vehicles and lithium-ion batteries and devices...
Read More

Panama Canal Auction Sets Record $4M for Slot as Congestion Grows

Major shipping lines are scrambling and looking for ways to deal with the growing backlogs at the Panama Canal. The...
Read More

U.S. “Friend-Shoring” Framework Isn’t Shifting Trade Away From China

US efforts to encourage Indo-Pacific nations to diversify their trade away from China confront a well-established trend towards deeper regional...
Read More

Japan Provides Aid to Philippines for Five New Coast Guard Patrol Boats

The Philippines announced today with the support of the Japanese government they will be undertaking several projects including adding more...
Read More

Shell Sues Greenpeace for $2.1M and Seeks Injunction After At-Sea Boarding

Shell filed suit against Greenpeace in the UK’s High Court seeking $2.1 million in damages related to a demonstration by...
Read More

Hapag Reports Below Forecast Results Warning of Prolonged Challenges

Hapag-Lloyd became the latest of the large carriers to report a significantly lower financial performance in the quarter posting what...
Read More

Seaspan Cargo Ships Install Autodocking System from Wärtsilä

Wärtsilä working with Canada’s Seaspan has completed the first of two planned installations of an autodocking system being deployed for...
Read More

Mental Health in Casualties to Feature at Seatrade Maritime Salvage & Wreck

Seatrade Maritime Salvage & Wreck, the leading conference for the salvage industry, will bring together industry stakeholders for an insightful discussion...
Read More
1 153 154 155 156 157 528