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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...

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...

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...

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...

World’s first: Circular Route at Europort shows how smart use of raw materials is futureproofing the maritime sector

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...

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...

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...

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...

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...

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...
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