May 2, 2025
March 23, 2026
May 2, 2025
MOL opens new office in Washington
TOKYO : Japanese shipping major Mitsui O.S.K. Lines (MOL) is set to open a new office in Washington, D.C., U.S., through its subsidiary MOL (Americas), even as tariffs continue to roil global trade and
May 2, 2025
ClassNK releases ‘Prime Shipmanagement Guidelines’ for leveraging successful case studies to enable flexible responses to various situations – aiming to contribute to safer and more efficient vessel operations
TOKYO : ClassNK has released ‘Prime Shipmanagement Guidelines’ which aim to achieve sustainable ship management with safety as the highest priority. Evolving environment surrounding ship management, including fuel transition, stricter regulations, and crew shortage,
April 29, 2025
CK Hutch Ports sale can be good for Beijing too
HONG KONG : Li Ka-shing’s Ports deal is shrewd in all respects except for the timing. Beijing has warned the Hong Kong tycoon’s CK Hutchison opens new tab against bypassing its antitrust probe on the $23
April 29, 2025
New S&P Global Report: Liner Shipping supports $1.1 Trillion in U.S. GDP and 6.4 Million American Jobs
WASINGTON D.C. : New analysis from S&P Global, released Monday by the World Shipping Council, highlights the critical role of the liner shipping industry in the U.S. economy. The report independently quantifies the annual
April 29, 2025
Baltic Index rises to three-week high as larger vessel rates firm
LONDON : The Baltic Exchange’s Dry Bulk Sea Freight Index rose to scale an over-three-week high on Monday due to an increase in larger vessel rates. The main index, which monitors rates for capesize,
April 29, 2025
OceanOpt and BetterSea Partner to Integrate FuelEU Pooling for Shipping Clients
DUBAI : OceanOpt, a provider of specialized emissions management services, and BetterSea, a provider of a FuelEU compliance platform and marketplace, on Monday announced a strategic partnership. This collaboration integrates BetterSea’s FuelEU Pooling Marketplace
April 29, 2025
AI not ready for engine monitoring and diagnostics ship condition
HAMBURG : Condition Monitoring Technologies (CMT) has cautioned against placing sole reliance on artificial intelligence in ship condition monitoring, warning that human expertise remains essential to ensure safety and accuracy in maritime operations. As
April 28, 2025
CMA CGM acquires majority stake in South America’s largest container terminal
MARSEILLE : CMA CGM, a leading worldwide shipping company, has now become the controlling shareholder of Santo Brasil Participações S/A, after securing a 51% stake in the company. The finalisation of the deal was
April 28, 2025