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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...

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...
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