LONDON : Increased tensions in the Middle East may lead to an escalation in military activity that could impact shipping in critical waterways, Britain’s maritime agency said. Much of the world’s oil and key
STOCKHOLM : Union Minister of Commerce and Industry, Shri Piyush Goyal, held a high-level meeting with Mr. Soren Toft, CEO of Mediterranean Shipping Company (MSC), during his two-day official visit to Sweden. The interaction
PANAMA CITY : Container ship traffic through the Panama Canal reached a new milestone in the first five months of 2025, with 1,200 transits recorded in both directions, according to data from Alphaliner. This
LONDON : A new study by UCL Energy Institute Shipping and Oceans Research Group, Wageningen University & Research, and University of East Anglia, revealed that private voluntary standards, such as the Poseidon Principles and
ADDIS ABABA : The British International Freight Association (BIFA) has signed a Memorandum of Understanding (MoU) with the Ethiopian Freight Forwarders and Shipping Agents Association (EFFSAA) aimed at helping to modern and enhance the
LONDON : The Baltic Exchange’s Dry Bulk Sea Freight index, which tracks rates for vessels transporting dry commodities, rebounded to its highest level in nearly seven months on higher rates across vessel segments. The
MARSEILLE : CMA CGM has taken delivery of its second 24,000 TEU liquefied natural gas (LNG)-powered container vessel constructed by China’s Hudong-Zhonghua Shipbuilding. CMA CGM Saint Germain was handed over during a ceremony held
SINGAPORE : Despite global economic and geopolitical headwinds, the maritime industry’s ambition to decarbonise remains resilient. This sentiment is evident in the second edition of the Global Maritime Decarbonisation Survey, jointly conducted by GCMD
LONDON : INTERCARGO, the International Association of Dry Cargo Shipowners, reports encouraging progress in bulk carrier safety, with vessel losses and fatalities continuing to decline over the last decade. However, serious security threats in
ZURICH : ABB has been awarded a large order by Seatrium, a global provider of marine engineering solutions based in Singapore, for the supply of electrical equipment and automation solutions on a new generation