The maritime industry is undergoing a digital transformation, and one of the key innovations making waves is the integration of artificial intelligence (AI) into safety management systems. The increased...
During the 03rd week, the MABUX global bunker indices demonstrated a consistent upward trend. The 380 HSFO index rose by 16.79 USD, climbing from 521.15 USD/MT last week to...
According to current delivery schedules, product tanker newbuild deliveries are set to reach 12m deadweight tonnes (DWT) in 2025. Deliveries will therefore jump 256% compared to the 3.4m DWT...
B&G®, the world’s leading sailing electronics manufacturer, unveiled the new B&G Zeus® S ULTRAWIDE display, delivering the brand’s most streamlined and immersive sailing experience yet. “We’re thrilled to unveil B&G’s...
The Freightos Baltic Index Global benchmark increased 6% in December to $3,805/FEU as GRIs and pre-Lunar New Year (LNY) demand on ex-Asia lanes pushed rates up. With Red Sea...
Secretary-General Arsenio Dominguez has highlighted several areas high on the agenda of the International Maritime Organization (IMO), as it embarks on a busy work schedule for 2025. Speaking at...
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell for a third consecutive session on Thursday, hurt by weaker rates...
A tanker carrying Russian oil that was secured by German authorities last week in the Baltic Sea remains in German waters and a customs assessment is underway, a government...
Oil shipping rates extended their rally on expectations of a tightening in global tanker supply from wider US sanctions on Russia’s fleet and traders’ demand for ships to load...
At least 20 laden crude and product tankers blacklisted by the US have halted voyages from Russia, Iran and Venezuela since the start of the year as a major...
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