The largest container ship ever arrives at the Port of Durban
DURBAN : The largest container ship to ever dock at the Port of Durban has done so in a historic accomplishment. Unexpectedly, the 399.99-meter MSC Rifaya showed up
Maritime war risk premium could rise if Israel-Iran conflict escalates
LONDON : Maritime war risk premium in the Middle East could increase if the Israel-Iran conflict escalates following the latest Israeli attacks, market participants said June 13. “It
Israel-Iran conflict: safety and stability of ocean supply chains under threat
OSLO : “Geo-politics is once again threatening the safety and stability of global supply chains so we must hope for de-escalation in the conflict between Israel and Iran,
Baltic Index logs weekly gain on rising rates across vessel segments
LONDON : The Baltic Exchange’s Dry Bulk Sea Freight index, which tracks rates for vessels transporting dry commodities, rose on Friday to log a weekly gain on rising
Maersk completes landmark Methanol-Powered Fleet : A Global Milestone in Green Shipping
COPENHAGEN : Moving toward decarbonizing ocean transport, A.P. Moller – Maersk has announced the completion of the world’s first large dual-fuel methanol-powered container vessel fleet, a project that
APM Terminals and SANY Marine sign landmark agreement to accelerate decarbonisation
THE HAGUE : APM Terminals and SANY Marine have signed a Master Framework Agreement for the future supply of battery-electric terminal tractors to APM Terminals, marking a significant
SeaLead strengthens Executive Team with appointment of Simran Sethi as Chief Financial Officer
SINGAPORE : SeaLead, a fast-growing global shipping line, today announced the appointment of Simran Sethi as Chief Financial Officer (CFO). Based at the company’s headquarters in Singapore, Simran
Panama Canal chief warns $23bn ports deal could threaten canal neutrality
PANAMA CITY : The head of the Panama Canal Authority has raised fresh concerns that a $23 billion global ports deal could jeopardize the neutrality of one of
StormGeo adds Bearing AI to its growing partner network, Boosting AI-Powered Voyage Optimization
OSLO : StormGeo, a global leader in weather intelligence and decision support solutions, announced a strategic partnership with Bearing AI, a pioneer in AI-driven vessel performance modeling. This
Maritime agency warns shipping industry over rising Middle East tensions
LONDON : Increased tensions in the Middle East may lead to an escalation in military activity that could impact shipping in critical waterways, Britain’s maritime agency said. Much