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April 17, 2025

Baltic Index falls to Six-Week low as Capesize Rates dip

International Shipping, Shipping Line, Trade, Trending News
LONDON : The Baltic Exchange’s Dry Bulk Sea Freight Index on Wednesday slipped to a six-week low as rates for capesize vessels dipped. The main index, which tracks rates for capesize, panamax and supramax
April 16, 2025

Evelyn Maersk, a milestone call at APM Terminals Valencia and APM Terminals Barcelona

International Shipping, Container Terminal, Shipping Line, Trending News
BARCELONA : Evelyn Maersk set an important milestone in the history of APM Terminals Spanish Gateways as the largest vessel to call at the terminals in Valencia and Barcelona. The successful performance of the
April 16, 2025

INTERCARGO responds to IMO’s decision on GHG Reduction measures

Organisation, Association, International Shipping, Maritime, Shipping, Shipping Line, Trade, Trending News
LONDON : At last week’s landmark MEPC 83 meeting, the International Maritime Organization (IMO) Member States assumed responsibility and agreed on a medium-term greenhouse gas reduction measure that differs from the levy-based approach INTERCARGO
April 16, 2025

Shipowners and recyclers ask Basel COP for removal of obstacles to safer ship recycling

International Shipping, Maritime, Ship Recycling, Shipping Line, Trade, Trending News
LONDON : BIMCO has drafted a paper to submit to the Conference of the Parties to the Basel Convention (BC COP-17), asking for more clarity and for obstacles to be removed as the Hong
April 16, 2025

IMO MEPC 83 – GHG requirements approved, taking effect from 2028 : DNV

International Shipping, Global Trade, Maritime, Shipping Line, Trending News
SINGAPORE : The 83rd session of the IMO’s Marine Environment Protection Committee (MEPC 83) approved new requirements on greenhouse gas (GHG) fuel intensity, in combination with a pricing and reward mechanism, taking effect from
April 16, 2025

CMT secures Fleet-Wide order from Cyprus based Containership Manager

International Shipping, Maritime, Shipping, Shipping Line, Technology, Trending News
HAMBURG : CM Technologies, the Germany-headquartered specialist in marine engine performance diagnostics, has secured a substantial order for its flagship PREMET X analyser from a leading Cypriot shipmanager. The order for 19 PREMET X
April 16, 2025

Caribe Tankers to trial Inmarsat NexusWave for connected certainty and enhanced crew welfare

International Shipping, Maritime, Seafarers, Shipping Line, Tanker, Technology, Trending News
LONDON : Inmarsat Maritime, a Viasat company, has announced Caribe Tankers USA, Inc (CTU) will trial Inmarsat’s fully managed bonded connectivity service, NexusWave, on board the chemical tankers Caribe Maria and Caribe Luna: as the US-based company seeks
April 15, 2025

CStar Line launches New IMB1 Service to enhance Regional Trade Links

Export - Import, International Shipping, Shipping Line, Trade, Trending News
DUBAI : CStar Line has expanded its maritime services by launching the new India – Middle East – Black Sea 1 Service (IMB1), designed to connect key ports across India, the Middle East, and
April 15, 2025

Trump’s tariff policy hits global container shipping bookings

International Shipping, Global Trade, Maritime, Trending News
WASHINGTON : President Trump’s new tariff policy keeping an impact of already being felt by the international maritime sector, according to a reports. Vizion’s Tradeview platform, which monitors, measures, and analyses Container Shipping trade
April 15, 2025

CK Hutchison invested $1.7 bln in Panama, surpassing obligations, it says

International Shipping, Foreign Ports, Global Trade, Maritime, Shipping, Trending News
LONDON : A company controlled by Hong Kong-based CK Hutchison has invested $1.7 billion in two ports near the Panama Canal, it said on last Wednesday, surpassing the amount required under its contract, which is
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