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Ocean Network Express advances Green Strategy with Ship Recycling Policy and Membership in SRTI

May 30, 2025

SINGAPORE : Ocean Network Express (“ONE”) has advanced its Green Strategy by implementing a Ship Recycling Policy and joining the Ship Recycling Transparency Initiative (SRTI),...

IMO’s Net Zero Framework sends a clear signal to shipowners to order ammonia dual fuel ships, but remaining uncertainties undermine early investment in e-fuels

May 30, 2025

LONDON : A new study released on Thursday, May 29 by UMAS and UCL Energy Institute Shipping and Oceans Research Group, and undertaken for...

NorthStandard stays on course despite unsettling year for global P&I

May 30, 2025

NEWCASTLE : NorthStandard’s 2025 Annual Review reports a steady performance, highlighting the benefits of scale and diversification in an unsettling P&I year. The global marine...

Drewry’s World Container Index increased 10% to $2,508 per 40ft container this week

May 30, 2025

LONDON : For many years, World Container Index has been the go-to, independent, global reference for index-linked contracts. Drewry’s World Container Index increased 10% to...

DP World Nhava Sheva expands Asia Connectivity with New Weekly Shipping Services to China and Southeast Asia

May 29, 2025

MUMBAI : DP World, a leading global provider of smart end-to-end supply chain solutions, welcomed the inaugural calls of the CI6/SIS/CISC2 and SI8/AIS5 service...

Container lines profits and margins drop sharply in Q1

May 29, 2025

TORONTO : John McCown’s Blue Alpha Capital said that the container shipping industry reported a $9.9 billion net profit in the first quarter of...

MOL seeks support from Japanese Govt over EU sanctions

May 29, 2025

TOKYO : Japanese shipping company Mitsui OSK Lines Ltd. has approached the Japanese government for assistance after the European Union unexpectedly imposed sanctions on...

Smart Maritime Council adds emissions data to Standardised Vessel Dataset with Version 2.0 update

May 29, 2025

DUBLIN : The Smart Maritime Council has released Version 2.0 of its Standardised Vessel Dataset (SVD), adding support for emissions reporting following the inclusion...