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New report highlights the important role of voluntary insetting in accelerating shipping’s energy transition, with caveats

LONDON : New analysis by UCL Energy Institute, with the assistance of UMAS, analysing voluntary insetting schemes in the maritime sector suggests that they...

CULines introduces Dual Services CSX + CWS to strengthen South Asia Service

SHANGHAI : In response to increasing customer shipping demands, CULines has further optimized its South Asia route network by adding two new India-Westbound routes,...

Mawani reports container throughput rises at ports by 18.66% in June

RIYADH : The ports supervised by the Saudi Ports Authority (Mawani) recorded an 18.66% increase in handled containers in June, reaching 696,839 twenty-foot equivalent...

Dubai Maritime Authority enforces transparency in local container charges to support fair trade practices

DUBAI : The Dubai Maritime Authority (DMA) has reiterated its commitment to fostering transparency and fairness in the local maritime logistics sector by enforcing...

UN council authorizes continuing vigilance of attacks by Yemen’s Houthi rebels on Red Sea shipping

NEW YORK : The U.N. Security Council on Tuesday authorized continued reporting on attacks on ships in the Red Sea by Yemen’s Houthi rebels,...

INTERCARGO-Member Fleets Outperform on Safety and Compliance

LONDON : Dry bulk carriers entered with INTERCARGO continue to demonstrate stronger performance than the global fleet average on safety and compliance, according to...

Chinese shipyards’ market share drops from 72% to 52% amid USTR concerns : BIMCO

LONDON : "In the first half of 2025, China’s share of newbuilding contracting fell to 52% from 72% in the previous six months. Growing...

Klaipėda Port leads Baltic States in cargo growth

KLAIPEDA : In the first six months of this year, nearly 19 million tons of cargo were handled at Klaipėda Port. Compared to the...

ClassNK launches ‘ClassNK Fleet Cost Simulation’ Service

TOKYO : ClassNK has launched a new service, ‘ClassNK Fleet Cost Simulation’, as part of its ‘ClassNK Transition Support Services’, which aims to facilitate...

Baltic Dry Index hits One-Month High on Capesize Strength

LONDON : The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, rose on Wednesday to a one-month...
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