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Baltic index snaps 10-day losing streak as larger vessel rates gain

The Baltic Exchange’s dry bulk sea freight index snapped a ten-day losing streak on Tuesday as rates increased across larger...
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Guangzhou Shipyard International delivers first of four ro-pax ferries to MSC

The first vessel of four ro-pax ferries ordered by MSC Mediterranean Shipping Group from Guangzhou Shipyard International has been delivered...
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BASF and AM Green enter MoU to jointly evaluate opportunities in low-carbon chemicals in India

BASF and AM Green B.V. have entered a memorandum of understanding (MoU) to jointly evaluate and develop business opportunities for...
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Wan Hai Lines orders eight 16,000 TEU methanol dual-fuelled containerships from Hyundai Samho Heavy Industries and Samsung Heavy Industries

Taiwan’s Wan Hai Lines, the 11th largest liner operator, announced orders for eight 16,000 teu methanol dual-fuelled containerships, split between...
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EverWind Fuels awarded $22.5 mln investment from Government of Canada for Clean Port & Green Fuels Hub

EverWind Fuels has received $22.5 million from Transport Canada's Green Shipping Corridor Fund, marking a significant milestone in establishing Atlantic...
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New Fortress Energy provides update on its initial FLNG asset

New Fortress Energy Inc. announced that its initial Fast LNG unit has completed its third cargo loading. The cargo has...
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Latin America-Caribbean shipping struggles amid geopolitical and climate crises

UNCTAD’s Review of Maritime Transport 2024 reveals severe challenges facing the maritime sector in Latin America and the Caribbean. Climate...
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Winds of change: Giant cargo sailboats and propulsion technology are transforming the high seas

Serge Picard knew next to nothing about sailboats, beyond having mucked around in one at a summer camp in Quebec...
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Panama Canal Net Income Rose to $3.45 Billion Despite Drought

The Panama Canal’s profit increased about 9.5% in the fiscal year ended in September to $3.45 billion despite a severe...
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High freight rates strain global supply chains, threaten vulnerable economies

Global shipping costs surged in the first half of 2024, driven by unprecedented disruptions in major maritime routes and rising...
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Asia-US container rates fall as carriers eye blank sailings to keep floor on prices

Rates for shipping containers from east Asia and China to the US fell this week, but carriers have announced an...
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Carbon emissions in ocean container shipping hits record high

The ongoing impact of conflict in the Red Sea, spiraling freight rates and congestion across global ocean container supply chains...
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Call to action on FuelEU compliance

The EU’s FuelEU Maritime regulation, set to take effect in January 2025, looks set to further shake up the industry,...
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Stena RoRo takes delivery of RoPax vessel Saint-Malo with strong focus on sustainability

Stena RoRo last week took delivery of E-Flexer No. 11 – in a series of 15 vessels – from the...
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Asian spot LNG prices rise on supply concerns, geopolitical tensions

Asian spot liquefied natural gas (LNG) recorded its second weekly gain since the end of August, amid concerns over supply...
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Oil exports from Russia’s western ports to fall 13% in Nov as refinery maintenance ends, sources say

Russia’s crude oil exports from its three main western ports will drop by 13% in November from the previous month...
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US East Coast, Gulf Coast port workers union to resume contract talks in November

The union representing 45,000 East Coast and Gulf Coast dockworkers and a group representing employers will resume negotiations next month...
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Latin America-Caribbean shipping struggles amid geopolitical and climate crises

UNCTAD’s Review of Maritime Transport 2024 reveals severe challenges facing the maritime sector in Latin America and the Caribbean. Climate...
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Asia-US container rates fall as carriers eye blank sailings to keep floor on prices

Rates for shipping containers from east Asia and China to the US fell this week, but carriers have announced an...
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Maritime LEO Networks

Maritime communications came a long way before they could deliver the first Global Maritime Distress and Safety System (GMDSS), but...
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