NEWCASTLE : NorthStandard’s 2025 Annual Review reports a steady performance, highlighting the benefits of scale and diversification in an unsettling P&I year. The global marine insurer said escalating geopolitical instability and serious maritime incidents
LONDON : For many years, World Container Index has been the go-to, independent, global reference for index-linked contracts. Drewry’s World Container Index increased 10% to $2,508 per 40ft container this week. Drewry’s detailed assessment
TORONTO : John McCown’s Blue Alpha Capital said that the container shipping industry reported a $9.9 billion net profit in the first quarter of 2025. This represents a 36.4% or $5.7 billion decrease over
TOKYO : Japanese shipping company Mitsui OSK Lines Ltd. has approached the Japanese government for assistance after the European Union unexpectedly imposed sanctions on three of its liquefied natural gas (LNG) tankers connected to
DUBLIN : The Smart Maritime Council has released Version 2.0 of its Standardised Vessel Dataset (SVD), adding support for emissions reporting following the inclusion of new data fields within the IMO Compendium on Facilitation
LONDON : Inmarsat Maritime, a Viasat company, has renewed its cooperation with Ava Ocean in a deal that will see the Norwegian company implement Inmarsat’s latest fully managed bonded connectivity service, NexusWave, on board
HAMBURG : To cater to the specific needs of its customers, the shipping and logistics experts at Tailwind are constantly striving to enhance their portfolio of services. As a premium partner across the entire
GENEVA : In a landmark moment for maritime trade in Africa, MSC Mediterranean Shipping Company has become the first shipping line to deploy mega-large container vessels with a capacity of 24,000 TEU on the
DUBAI : Hamdan bin Mohammed witnesses signing of agreement to develop and operate Phase One of the Al Rawdah Special Economic Zone in Al Buraimi Governorate. His Highness Sheikh Hamdan bin Mohammed bin Rashid
DAMASCUS : The Syrian Land and Sea Ports General Authority has signed a strategic Memorandum of Understanding with CMA CGM, a global leader in maritime transport and logistics, to establish and operate dry ports