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Shipping insurance costs spike in the Middle East as Israel-Iran conflict rages

NEW YORK : Israel and Iran’s escalating conflict has significantly driven up the cost of insurance for ships sailing through the Red Sea and...

Xeneta Weekly Ocean Container Shipping Market Update

OSLO : Xeneta analyst insight – Transpacific Peter Sand, Xeneta Chief Analyst commented “The market mid-low on the Transpacific trade has dropped 33% since 9...

IMO delivers regional training for Asia-Pacific women auditors

SINGAPORE : Women auditors from across 20 Asia-Pacific countries took part in an intensive regional training course under the IMO Member State Audit Scheme...

Maersk temporarily pauses Haifa Port calls

COPENHAGEN : Container shipping company Maersk, opens new tab said on Friday it had temporarily paused vessel calls at Israel's Haifa port, amid the country's...

Iran’s options against Foreign aggression include closing Strait of Hormuz, Lawmaker says

LONDON : Iran could shut the Strait of Hormuz as a way of hitting back against its enemies, a senior lawmaker said on Thursday,...

Maritime Safety Committee tackles busy agenda

LONDON : IMO Secretary-General Arsenio Dominguez opened the 110th session of the Maritime Safety Committee this week, highlighting recent maritime casualties as a stark reminder...

Drewry: World Container Index down 7% Last Week

LONDON : For many years, World Container Index has been the go-to, independent, global reference for index-linked contracts. If your organisation is considering index-linked...

Baltic Index logs worst Week in more than two months

LONDON : The Baltic Exchange’s Dry Bulk Sea Freight index, which tracks rates for vessels transporting dry commodities, fell on Friday to log its...

India highlights Maritime Safety Concerns at IMO’s 110th Maritime Safety Committee in London

LONDON : India underscored critical maritime safety challenges during the opening session of the 110th Maritime Safety Committee (MSC) meeting of the International Maritime...

Commercial ships advised to keep distance from Iran around Strait of Hormuz

OMAN : Commercial ships are sailing close to Oman and are being advised by maritime agencies to avoid Iran's waters around the Strait of...
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