US Port fees on foreign ships to shake up trade flows, freight markets
NEW YORK : The US Trade Representative (USTR) has announced additional port fees on foreign vessels and marine equipment that mainly target Chinese shipping, which are set to
Baltic Dry Index logs Weekly Loss on weaker Panamax, Supramax Rates
LONDON : The Baltic Exchange’s Dry Bulk Sea Freight index, which tracks rates for ships carrying dry bulk commodities, dipped on Friday and posted a weekly loss on
XENETA Weekly Ocean Container Shipping Market Update – 23.5.25
OSLO : “Fear and uncertainty is a powerful force in global supply chains and we are seeing this clearly as shippers fight to get their goods moving after
Maritime Transport launches two rail services from DP World London Gateway
LONDON : Maritime Transport has launched two new intermodal rail services connecting DP World London Gateway with its inland terminals at Hams Hall and iPort Doncaster. Running Monday to Saturday, the
How high will Ocean Freight Rates go after Us and China Lower Tariffs for 90 Days? : XENETA
OSLO : 10 days ago on 11 May, businesses were caught in a tariff limbo amid dramatic decreases in container shipping demand on the major trade from China
SRC secures The Royal Institution of Naval Architects Maritime Innovation Award 2025 for Methanol Su
JURI, ESTONIA : SRC Group’s Methanol Superstorage solution has won The Royal Institution of Naval Architects Maritime Innovation Award 2025, recognising its contribution the adoption of methanol as
90 days to economic collapse: UN and experts sound alarm over security at sea
GENEVA : The UN Secretary-General on Tuesday urged world powers to uphold international maritime law and overcome geopolitical rivalries, warning that growing threats are endangering global trade, marine
Saudi Red Sea Authority and Fincantieri sign MoU to develop Coastal Tourism activities in Saudi Arab
RIYADH : The Saudi Red Sea Authority (SRSA) signed a Memorandum of Understanding with Fincantieri, a global leader in the maritime industry. The goal is to strengthen collaboration
BetterSea and Normec Verifavia Partner to Revolutionize FuelEU Compliance with Seamless Data Validat
LONDON : As the maritime industry navigates compliance with FuelEU Maritime, BetterSea has taken a decisive step toward simplifying action. The company has announced a strategic partnership with
MARPOL update raises bar for sampling but Non-Compliance risks increase
HAMBURG : CM Technologies (CMT) is advising shipowners and operators to urgently review their fuel and lubricating oil sampling practices following the entry into force of revised IMO
