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Drewry: World Container Index stable last week

LONDON: Drewry’s World Container Index remained stable at $1,852 per 40ft container last week. Drewry's detailed assessment for Thursday, 20 Nov 2025 The Drewry World Container...

Baltic Index hits near two-year high on higher larger vessel rates

LONDON: The Baltic Exchange’s Dry Bulk Sea Freight index, which monitors rates for vessels moving dry bulk commodities, rose to a nearly two-year high...

Single faulty wire led cargo ship to crash into Baltimore bridge

BALTIMORE : A single loose wire on the M.V.Dali, a 300-metre (984ft) container ship, was responsible for the deadly collapse of the Francis Scott...

World’s first vessel retrofit fund using a pay-as-you-save repayment mechanism closes at USD 35M

SINGAPORE: The Global Centre for Maritime Decarbonisation (GCMD), AIM Horizon Investments and their partners today announced the successful closing of the Fund for Energy Efficiency...

Baltic Exchange launches new TCE earnings calculator to simplify freight and emissions analysis

LONDON: Baltic Exchange has launched a new Time Charter Equivalent (TCE) earnings calculator, designed to bring clarity and consistency to freight assessments in an...

ICS convenes global leaders to address geopolitical and trade challenges

HONG KONG/LONDON: In this moment of heightened trade tensions, the International Chamber of Shipping co-hosted a second Global Maritime Trade Summit in Hong Kong...

Nauticworx opens its doors to charterers worldwide – at no cost

ROTTERDAM: Nauticworx, the pioneering digital platform for offshore workboat chartering, announces major updates. Incorporating feedback from the market since its inception in September 2024,...

MacGregor secured order for nine new RoPax vessels for Finnlines, Grimaldi and Minoan Lines

HELSINKI: MacGregor has been selected to supply cargo access solutions for nine new RoPax vessels as part of the Grimaldi Group’s major fleet renewal...

Hapag-Lloyd set to order feeder newbuilds

HAMBURG : A 22-ship order currently under negotiation by German container line Hapag-Lloyd is designed to modernise its ageing feeder and shuttle fleet. CEO Rolf...

Samskip officially launches direct Morocco-Europe Service: A New Era in Shortsea Shipping

ROTTERDAM: Samskip proudly announces the official launch of its new shortsea service connecting Agadir and Casablanca directly with the UK and the Netherlands, marking...
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