Baltic Index headed for Weekly Loss on declining Capesize Rates
LONDON: The Baltic Exchange’s Dry Bulk Sea Freight index, which monitors rates for vessels moving dry bulk commodities, extended losses on Friday and was headed for a weekly
World’s first: Circular Route at Europort shows how smart use of raw materials is futureproofing t
ROTTERDAM: During Europort 2025 from 4 to 7 November, Rotterdam Ahoy will be the stage for the world’s first Circular Route: an innovative tour of frontrunners who demonstrate that
CMA CGM returns to resume Russian service after a three-year absence
MARSEILLE : CMA CGM will next month resume regular services to Russia for the first time since March 2022. It will add a new call at the Baltic
HMM orders $2.8 billion fleet of LNG-fueled containerships and VLCCs
SEOUL : South Korean Shipping Line HMM has placed a KRW 4 trillion (US $2.814 billion) newbuilding order for vessels that will significantly expand its fleet portfolio. The
Gemini Cooperation to divert two US-flagged vessels from China
COPENHAGEN : Two container ships operated by Maersk and Hapag-Lloyd as part of the Gemini Cooperation on a transpacific service will no longer call Ningbo as Chinese port
Israel-Hamas ceasefire will not bring global freight fleet back to Red Sea quickly
COPENHAGEN: Maritime experts and shipping industry insiders are not expecting a return of ocean carriers to the Red Sea anytime soon, despite the Israel-Hamas ceasefire deal. “This is
BIMCO to develop standard clause addressing Chinese port fees
LONDON: BIMCO has initiated the development of a clause specifically addressing the new fees introduced on 14 October 2025 for US-related ships calling at ports in China. The
Indian Register of Shipping launches Ship Drift Trajectory Prediction Service
MUMBAI: Indian Register of Shipping (IRS) has announced the launch of its Ship Drift Trajectory Prediction Service; an advanced tool designed to strengthen maritime risk management and enhance
DNV: Nuclear propulsion is a viable solution for maritime decarbonization
SINGAPORE: According to a new paper by DNV, shifting environmental requirements are reigniting interest in nuclear propulsion as a long-term solution for maritime decarbonization. This renewed attention comes
Campaigners urge the IMO to keep Biofuels out of the Net-Zero Framework
Biofuelwatch, Forest Watch Indonesia and Global Forest Coalition are calling the International Maritime Organisation (IMO) to exclude harmful biofuels from compliance with the Net-Zero Framework. Last week, during