Yemeni Armed Forces ban all Israeli ships from passing via Red Sea, Bab al-Mandab Strait
SANAA : All Israeli ships are now banned from passing through the Red Sea, Bab al-Mandab Strait, the Gulf of Aden, and the Arabian Sea, according to a
Trump is targeting China-made containerships in new flank of global economic war on the oceans
NEW JERSEY : U.S. government pushback against China’s growing dominance in the shipbuilding industry that began under President Joe Biden is being escalated by the Trump administration as
Inmarsat verifies unparalleled 340 Mbps NexusWave download speeds to demonstrate power of network bo
LONDON : Inmarsat Maritime, a Viasat company, has verified its fully managed bonded connectivity service, NexusWave, achieved maximum download speeds of 330–340 megabits per second, with maximum upload
Baltic Index hits 15-week high as rates of all vessel sizes rise
LONDON : The Baltic Exchange’s Dry Bulk Sea Freight index, which monitors rates for vessels moving dry bulk commodities, hit a 15-week peak on Wednesday as rates rose
WISTA International Board to convene in India for the first time with a focus on Sustainable Shippin
MUMBAI : For the first time in history, the Women’s International Shipping and Trading Association (WISTA) International Board will hold its mid-term meeting in India. This landmark event
BSM champions diversity at sea with successful pilot project
HAMBURG : After a 10-month project phase, Bernhard Schulte Shipmanagement (BSM) has successfully completed the Diversity@Sea project, a global initiative by the ‘All Aboard Alliance’ aimed at fostering
Hapag-Lloyd’s HGT takes majority stake in CNMP LH terminal in Le Havre
HAMBURG : Hanseatic Global Terminals (HGT), a fully owned subsidiary of Hapag-Lloyd on Monday, March 10 successfully completed the acquisition of 60% of the shares in CNMP LH
PIL advances fleet renewal with the naming of its fourth 14,000 TEU LNG Dual-Fuel Container Vessel
SINGAPORE : Pacific International Lines (PIL) is proud to announce the naming of its fourth 14,000 TEU LNG dual-fuel container vessel. The vessel was named Kota Embun by
The $10 Billion Opportunity in Green Shipping
BOSTON : The growth in cargo owners’ willingness to pay (WTP) a premium for green shipping is slowing in a market that remains largely unregulated and reliant on
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