LONDON : The SEA-CARE working group concluded its third session in February by confirming commitments to share key data to secure common objectives. Highlighting a need to look beyond ‘top-level’ data to pinpoint the
COLOMBO : Hambantota International Port (HIP) welcomed the CMA CGM Silverstone, a pure car carrier operated by CMA CGM, on it’s first-ever call at a Sri Lankan Port on March 21. This event highlights
SINGAPORE : Wan Hai Lines has held a ship naming ceremony for the Wan Hai A18 alongside a charity event at Samsung Heavy Industries’ Geoje Shipyard. Yung-Chen Huang, President of Mega International Commercial Bank, led
LONDON : The world’s largest shipping group is sailing into a perfect storm. Chinese state-owned Cosco Shipping doubled 2024 earnings but Washington’s proposed docking fees on China-linked vessels and tariff salvo will dent demand
LONDON : The Industry Associations of BIMCO, ICS, IMCA, INTERCARGO, INTERTANKO & OCIMF supported by over forty maritime stakeholders, have on Monday released a consolidated and enhanced publication Best Management Practices (BMP) for Maritime Security
OSLO : Average spot rates from Far East to US East Coast and US West Coast remain flat since 15 March after falling 47% and 56% respectively since 1 January. Average spot rate from
PANAMA CITY : The Panama Maritime Authority (PMA) has officially deregistered 107 Panamanian-flagged vessels listed under international sanctions, with an additional 18 currently undergoing the deregistration process. This action is in accordance with Executive
TOKYO : The world’s first commercial-use ammonia-fueled vessel, Sakigake, has successfully completed a three-month demonstration voyage, during which the vessel engaged in tugboat operations in Tokyo Bay and achieved a GHG-emission reduction of up
LONDON : The Baltic Exchange’s Dry Bulk Sea Freight index, which monitors rates for vessels moving dry bulk commodities, fell to its lowest level in nearly three weeks on Monday, weighed by weaker capesize
SINGAPORE : PSA International Pte Ltd (PSA) handled 100.2 million Twenty-foot Equivalent Units (TEUs) for the year ended 31 December 2024, representing a growth of 5.6% compared to the same period in 2023. •