ATHENS : Following the conclusion of the International Chamber of Shipping (ICS) Annual General Meeting and Board Meeting in Athens, which was opened by The Hon. Vassilis Kikilias, Minister of Maritime Affairs and Insular
DURBAN : The largest container ship to ever dock at the Port of Durban has done so in a historic accomplishment. Unexpectedly, the 399.99-meter MSC Rifaya showed up to perform urgent repairs. In a
LONDON : Maritime war risk premium in the Middle East could increase if the Israel-Iran conflict escalates following the latest Israeli attacks, market participants said June 13. “It all depends on how sustained the
OSLO : “Geo-politics is once again threatening the safety and stability of global supply chains so we must hope for de-escalation in the conflict between Israel and Iran, with concerns it could see a
LONDON : The Baltic Exchange’s Dry Bulk Sea Freight index, which tracks rates for vessels transporting dry commodities, rose on Friday to log a weekly gain on rising rates across vessel segments. * The
COPENHAGEN : Moving toward decarbonizing ocean transport, A.P. Moller – Maersk has announced the completion of the world’s first large dual-fuel methanol-powered container vessel fleet, a project that spans multiple continents, industrial partners, and
THE HAGUE : APM Terminals and SANY Marine have signed a Master Framework Agreement for the future supply of battery-electric terminal tractors to APM Terminals, marking a significant step in the company’s decarbonisation strategy.
SINGAPORE : SeaLead, a fast-growing global shipping line, today announced the appointment of Simran Sethi as Chief Financial Officer (CFO). Based at the company’s headquarters in Singapore, Simran will lead SeaLead’s global finance function.
PANAMA CITY : The head of the Panama Canal Authority has raised fresh concerns that a $23 billion global ports deal could jeopardize the neutrality of one of the world’s most strategic trade routes,
OSLO : StormGeo, a global leader in weather intelligence and decision support solutions, announced a strategic partnership with Bearing AI, a pioneer in AI-driven vessel performance modeling. This collaboration marks a significant step forward