Clarksons says war and Trump tariff fears have hit revenues
LONDON : The world’s biggest ship broker Clarksons has said that geopolitical turmoil from war and Donald Trump’s tearing up of US foreign policy have hurt its revenues,
Asia-US container rates fall on rising capacity; liquid tanker rates mixed
LONDON : Shipping container rates from Asia to both US coasts fell again this week as capacity has grown and as volumes have fallen after frontloading to beat
Baltic Index scales 14-week peak on larger vessel rate gains
LONDON : The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, rose to a more than 14-week high on Monday,
MSC includes Vizhinjam International Seaport in Jade service
THIRUVANANTHAPURAM : Mediterranean Shipping Company (MSC), one of the world’s leading container shipping and logistics companies, headquartered in Geneva, Switzerland, has included the Vizhinjam International Seaport in its
New Times Shipbuilding launches an 11,400 TEN LNG Dual-Fuel Container Ship MSC Flora
JIANGJIJANG CITY : New Times Shipbuilding successfully launched the first 11,400 TEU LNG dual-fuel powered container ship, recently, achieving the major milestone as scheduled. This vessel is the
Trump’s shipbuilding plan could upend ocean cargo industry, companies warn
LONDON : President Donald Trump’s plan to revitalize the U.S. shipping industry could heap massive costs on ocean transport operators and spawn a new round of supply chain
Trump’s latest Tariffs to heightened uncertainty for trade partners and rising inflation for consu
HAMBURG : “The ongoing tariff battle, with its cycle of levies and retaliatory measures, will trigger two significant ripple effects on trade: heightened uncertainty for trade partners and
Red Sea nations step up search and rescue coordination with IMO support
MOMBASA : Maritime authorities and rescue coordination centres in the southern Red Sea and Gulf of Aden are working to strengthen regional coordination and boost their search and
DNV rules 2025 – Hearing period now open
OSLO : DNV has submitted its class rules and standards for industry hearing, which are open for comments from 1 March to 12 April. This year, 78 documents
International Women’s Day: IMO spotlights gender data gap
LONDON : IMO marked International Women’s Day, observed on 8 March each year, with a call for action to close the gender data gap in maritime and secure