The consequences of the Iran conflict and Gulf escalation are not an isolated geopolitical shock. They are yet another stress test that the European Union risks failing. Once again, Europe’s transport system is structurally unprepared. Transport workers are – again – at risk of bearing the consequences of the constantly deteriorating terms and conditions across …
Bunker fuel used by container vessels has doubled over the past three weeks, increasing costs across supply chains. There is a low probability that American consumers will be immediately impacted by the ongoing Middle East conflict, according to Gene Seroka, Executive Director of the Port of Los Angeles. Seroka notes that the ports of Los …
US supply chains intact but fuel costs rise amid Middle East tensions Read More »
London International Shipping Week is delighted to announce that LISW27 will be “Brought to You By” Inmarsat Maritime, reinforcing the company’s role as a leading technology partner to the global maritime industry and a long-standing champion of innovation in the UK. Inmarsat Maritime, a Viasat company, is a global leader in mobile satellite communications. Founded …
Scorpio Tankers Inc. announced that it has entered into a strategic collaboration with AMPERA, Inc. (“AMPERA”) to jointly develop and commercialize advanced micronuclear power solutions for marine, shipping and related maritime applications. This strategic collaboration agreement aims to address growing global demand for reliable, zero-carbon power solutions in maritime, offshore and port infrastructure markets. Scorpio …
Drewry’s World Container Index was unchanged at $2,287 per 40ft container this week. The Drewry World Container Index (WCI) remained stable at $2,287 per 40ft container, with rates holding steady on the Asia–Europe and Transpacific trade routes. Rates on Asia–Europe trades have remained relatively stable despite ongoing tensions in the Middle East. Spot rates on …
Wärtsilä Water & Waste, part of technology group Wärtsilä, has appointed IKAD Engineering as its authorised distributor and dedicated local partner in Australia to supply spare parts, products and technical support for the company’s product range across the region. The agreement positions IKAD Engineering as the primary in-country channel for Wärtsilä Water & Waste equipment …
Wärtsilä appoints IKAD Engineering as authorised distributor for Australia Read More »
Mark O’Neil, CEO of Columbia Group, has questioned whether the shipping industry is heading for a wider crewing shortage as conflict in the Middle East, fuel disruption in the Philippines and rising repatriation costs place growing strain on global crewing. In Mr O’Neil’s view, the industry risks focusing too heavily on freight, routing and insurance, …
Columbia Group CEO questions whether shipping is heading for a wider crewing shortage Read More »
A ceasefire, as well as peace and stability, in the Gulf region are the fundamental prerequisites for keeping the international shipping route safe and unimpeded, a spokeswoman for China’s Foreign Ministry has said. Mao Ning made the remarks after United States President Donald Trump called on countries affected by rising fuel prices caused by the …
Gulf ceasefire ‘fundamental’ to global shipping: FM spokeswoman Read More »
As the global maritime industry accelerates its push towards decarbonisation, inland waterways are emerging as one of the highest-impact arenas for change. In a move that brings together international shipping expertise and local energy infrastructure capability, Wah Kwong NatPower Holdings Limited (‘Wah Kwong NatPower’) and Huzhou Wuxing Ruituo Energy Co., Ltd. (‘Wuxing Ruituo’) have signed …
World Fuel Services, in collaboration with West Coast Clean Fuels, has established a proven methanol bunkering capability available to vessel owners and operators across U.S. ports. The companies successfully completed an over-the-water methanol bunker fuel delivery in South Florida, demonstrating a safe, scalable, and regulatory-compliant solution ready for deployment nationwide. Shipowners and operators evaluating methanol …
