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August 19, 2025

BIFA appoints new Scottish representative to strengthen regional voice

Association, Global Trade, International Shipping, Logistics, Shipping Line, Trending News
LONDON: The British International Freight Association (BIFA) has appointed Jack Rice as its new regional representative for Scotland. With over 15 years of experience in the freight forwarding and customs brokerage industry, Rice currently
August 19, 2025

Strategic Marine delivers two Gen 4 Next-Generation Fast Crew Boats to Aesen

International Shipping, Maritime, Ship Building, Trending News
SINGAPORE : Strategic Marine, a leading builder of high-performance aluminium vessels, is proud to announce the successful delivery of two Generation 4 Fast Crew Boats (FCBs) to Aesen, an integrated marine solutions provider with
August 19, 2025

“Maritime security is a shared responsibility”: IMO Secretary-General to UN Security Council

International Shipping, Maritime, Maritime Security, Trending News
LONDON : IMO Secretary-General Arsenio Dominguez has called for vigilance and deeper cooperation among Member States and international partners to address growing threats to global maritime security.  Speaking at the United Nations Security Council
August 18, 2025

Hapag-Lloyd reports good growth and solid half-year results in a volatile market

International Shipping, Shipping Line, Terminal, Trade, Trending News
HAMBURG : Hapag-Lloyd concluded the first half of 2025 with a Group EBITDA of USD 1.9 billion (EUR 1.8 billion). The Group EBIT decreased to USD 0.7 billion (EUR 0.6 billion) and the Group
August 18, 2025

HMM Records $910 Million Profit in First Half of 2025

International Shipping, Shipping Line, Trade, Trending News
SEOUL : Hyundai Merchant Marine (HMM) has reported robust earnings for the first half of 2025, posting revenue of KRW 5.48 trillion ($4.12 billion) and a net profit of KRW 1.21 trillion ($910 million).
August 18, 2025

US strongly opposes India, China-backed Net-Zero Framework in Shipping sector

International Shipping, Global Trade, Maritime, Trending News
WASHINGTON : Amid rising tariff tensions, comes another point of contention between the United States and others. The US on last Tuesday strongly opposed the Net-Zero Framework (aka Global Carbon Tax) imposed by the
August 18, 2025

Wilson Sons advances Sustainability Goals with First Scope 3 Emissions Report and Fifth Consecutive Gold Seal in GHG Protocol

International Shipping, Logistics, Maritime, Shipping Line, Trending News
RIO DE JANEIRO : With over 187 years of experience, Wilson Sons takes another step forward in its sustainability journey: for the first time, it has released its Scope 3 Greenhouse Gas (GHG) emissions
August 18, 2025

Panama Canal celebrates 111 Years

Maritime, Foreign Ports, International Shipping, Trending News
PANAMA CITY : On August 15th, The Panama Canal marks 111 years of operations, renewing its commitment to a sustainable future through a water strategy focused on public well-being and an operational vision that
August 18, 2025

Xeneta Weekly Ocean Container Shipping market Update: Spot Rates Slide Further Amid Stable Tariff Outlook

International Shipping, Trending News
OSLO : Market average on the Transpacific trade from Far East to US West Coast sits just above USD 2000 per FEU, the lowest it has been since end-2023, just as the Red-Sea crisis
August 18, 2025

Capesize Market holds steady last week

International Shipping, Shipping Line, Trending News
LONDON : Baltic Exchange reports Bulk report – Week 33. Capesize The Capesize market held broadly steady this week, moving within a narrow range as sentiment shifted between softer patches and bursts of firmer
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