LONDON : The disruption caused by ships being rerouted via the Cape of Good Hope remains the key ship demand driver. As a result, ship demand is forecast to grow three times faster than
HAMBURG : As the October 1 deadline for a potential Port strike of U.S. East Coast port nears, industries across the nation are bracing for significant disruptions. The labor impasse between the International Longshoremen’s
Global maritime community marks 50 years of international ship safety treaty LONDON : World Maritime Day on 26 September will highlight the importance of safety at sea in an era of significant transformations and
COLOGNY (SWITZERLAND) : An astounding 80% of global trade in goods is carried out by sea. Ports are integral nodes within the world’s trade network, supporting traditional maritime industries such as cargo and ship
LONDON : The Baltic Exchange’s main sea freight index rose to its highest in close to three months on Thursday, propelled by higher rates in the capesize vessel segment. The overall index, which factors
LONDON : INTERCARGO is strongly urging its members (shipowners, managers and operators) to subscribe to the newly launched Dry Bulk Management Standard (DryBMS) Portal. With safety, operational efficiency, and sustainability at the forefront of
TOKYO : Mitsui O.S.K. Lines, Ltd. (MOL) announced a multi-year contract with Dryad Global, a leading provider of risk intelligence, maritime security, and cyber protection solutions. MOL has been a long-standing client of Dryad
LONDON : The World Maritime Day 2024 will be celebrated today, 26 September 2024 by International Maritime Organisation (IMO). This year’s World Maritime Day theme is “Navigating the future: safety first!”. Several initiatives will be held to
NEW YORK : U.S. companies that rely on East and Gulf Coast seaports have been importing early, shifting goods to the West Coast, and even putting cargo on pricey flights to hedge against a
BRUSSELS : A new White Paper prepared for the Methanol Institute by Dr Jeroen Dierickx, an energy and fuel expert at iDefossilise, concludes that the FuelEU Maritime Regulation and EU Emissions Trading System (ETS)