The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, snapped its three-session losing streak on Friday, supported by strong rates across...
The “Xin Shanghai,” a vessel operated by China COSCO Shipping Corporation Limited, arrived in Shanghai’s Yangshan Port at around 3:30 p.m. on Wednesday after a 23-day journey from Peru’s...
Performance in tankers and dry bulk is likely to remain sound in 2025, with tankers making above-average profits, supported by high tonne-mile demand, while oversupply and easing of disruptions...
Drewry’s World Container Index increased 8% to $3,803 per 40ft container this week. Our detailed assessment for Thursday, 19 December 2024 The Drewry WCI composite index increased 8% to...
Fabrum, a New Zealand company leading the world in zero-emission transition technologies, has collaborated on the design and build of a zero-emission hydrogen-powered boat H2Ocean with King Watercraft, a...
This week, the United States Department of the Treasury is imposing sanctions on four entities and three vessels involved in the trade of Iranian petroleum and petrochemicals, which generate...
Castor Maritime Inc., a diversified global shipping and energy company, announces that on December 4, 2024, it entered, through a wholly-owned subsidiary, into an agreement with an unaffiliated third...
AtoB@C Shipping is continuing its fleet renewal with the delivery of the Maximar on December 20 in Goa, India. This marks the fifth new plug-in hybrid vessel to join...
The World Shipping Council (WSC) Board of Directors has elected Soren Toft, CEO of MSC Mediterranean Shipping Company, as the new Chair of the World Shipping Council Board. Randy...
Hamburg, Germany, 19 December 2024 – Ireland’s national carrier Aer Lingus has taken delivery of its first of six A321XLR aircraft. The airline becomes the…
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