Post-mortem on IMO’s Net Zero Framework discussions: UCL readout
LONDON: Two weeks of negotiations at the IMO give two confusingly different signals, as well as plenty of information on detail to digest, according to UCL (University College
NGOs Welcome IMO Progress for Cutting Shipping’s Climate Impact Despite Net-Zero Framework Delay
LONDON: As a meeting of the International Maritime Organization’s Intersessional Working Group on Reduction of Greenhouse Gas (GHG) Emissions from Ships (ISWG-GHG 20) closes in London, the Clean Shipping
Drewry: World Container Index up 3% last week
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 3% to $1,746 per 40ft container
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