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September 23, 2025

X-Press Feeders rejects US$1 billion Sri Lankan pollution damages

International Shipping, Foreign Ports, Maritime, Ship Explosion, Shipfire, Shipping Line, Trade
SINGAPORE: X-Press Feeders stated it will refuse to pay Sri Lankan court-ordered damages of US$1 billion for causing that country’s worst case of environmental pollution. In an exclusive interview to AFP, X-Press Feeders Chief
September 23, 2025

WR Logistics appoints Shadi Alkhatib as Chief Executive Officer for Saudi Arabia

International Shipping, Company, Logistics, Trade, Trending News
DUSSELDORF : WR Logistics, a provider of project logistics solutions for large scale industrial and infrastructure projects, has appointed Shadi Alkhatib as Chief Executive Officer for Saudi Arabia, with immediate effect. This appointment underscores
September 23, 2025

Govt of Bermuda and Strategic Marine celebrate technical acceptance of new pair of 550 passenger low-emission catamaran ferries

International Shipping, Cruise Tourism, Maritime, Trending News
SINGAPORE: Strategic Marine is pleased to announce the successful Technical Acceptance for a pair of two 40m 550-Passenger Aluminium Catamaran Ferries being for the Government of Bermuda. This important milestone marks the vessel’s readiness
September 23, 2025

USD 48 billion at risk of being written off as gas tanker orders soar by 300% in five years, new research shows

Fuel, International Shipping, Maritime, Tanker, Trending News
LONDON/HAMBURG: USD 48 billion invested in LNG carriers could be written off by 2035 as they will be in oversupply in a 1.5°C climate scenario with declining fossil energy use, according to new research
September 22, 2025

How Maersk & Coca-Cola use AI for improved supply chains

Trending News, Global Trade, International Shipping, Technology
COPENHAGEN : With 86% of economists advocating for AI adoption up and down supply chains, businesses like Maersk & Coca-Cola are getting ahead and deploying new systems. The age of globalisation has made international
September 22, 2025

Drewry: World Container Index Down 6% Last Week

Container, International Shipping, Shipping Line, Trade, Trending News
LONDON: Drewry’s World Container Index decreased 6% to $1,913 per 40ft container last week. Drewry’s detailed assessment for Thursday, 18 Sep 2025
September 22, 2025

Xeneta Weekly Ocean Container Shipping Market: Rates on the Rise

Container, International Shipping, Shipping Line, Trade, Trending News
OSLO: The average spot rates from Far East have increased in the past week into both the US East Coast and US West Coast, up 4.3% and 4.3% respectively. Prior to the latest uptick,
September 22, 2025

Baltic Exchange’s Container Report – Week 38

International Shipping, Container, Shipping Line, Trade, Trending News
LONDON: Official stats show that exports from China to the USA fell by a third in August, Chinese and American negotiators had their fourth round of talks last weekend in Madrid, time will tell
September 20, 2025

Royal visit marks official reopening of Lloyd’s Register’s historic London headquarters

International Shipping, Classification Society, Maritime, Trade, Trending News
LONDON: Her Royal Highness The Princess Royal has officially reopened Lloyd’s Register’s Grade II* listed headquarters in central London following an extensive refurbishment. The reopening of the building, now officially renamed the Lloyd’s Register
September 19, 2025

Chabahar Port at risk? US revokes sanction exemption on Iran

International Shipping, Foreign Ports, Global Trade, Trade, Trending News
WASHINGTON : The United States has revoked the sanctions exception related to the Chabahar Port and imposed fresh sanctions targeting Iran’s financial networks. The move comes as part of the US’s broader strategy to
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