Maersk expects global container market volume rising as much as 7% next year, bolstered by strong demand from the United States where a potential port strike and tariffs on...
During the 50th week, the MABUX global bunker indices showed a moderate decline. The 380 HSFO index fell by USD 4.76: from USD 515.07/MT last week to USD 510.31/MT,...
Findings from initial SIRE 2.0 inspections following the introduction of the updated vetting procedure in September suggest tanker operators are struggling to meet the additional requirements. According to data...
The Chamber of Shipping of America (CSA) recently honored 101 Crowley-operated vessels and their crews with Environmental Achievement Awards, recognizing the company and its people for its safe environmental...
Asia’s fuel oil benchmarks were rangebound on Thursday amid a backdrop of largely thin trade, while high supplies continued to weigh on the market. Spot premium for very low...
in a recent case underscoring the essential nature of precise cost estimation in maritime logistics, ITIC (International Transport Intermediaries Club) has settled a US$140,000 claim resulting from an error...
Lomar’s corporate venture lab, lomarlabs, and Mythos AI, a leader in advanced autonomous systems, have announced a ground-breaking collaboration that will pave the way for a safer and smarter...
Continued growth of climate transparency from financial institutions show that the global finance portfolio for shipping has moved closer to alignment with ambitious decarbonisation trajectories set by the International...
“Over the past three months, dry bulk newbuilding contracting has been 70% below the yearly average. Declining freight rates in recent months, a cloudy outlook and high newbuilding prices...
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, dipped to a more-than-16-month low on Thursday, hurt by falling rates across...
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