New figures released today by the International Transport Workers’ Federation (ITF) reveal yet another disturbing surge in the abandonment of seafarers worldwide. So far in 2025, at least 2,286 seafarers on 222 vessels have been left stranded, often without pay, food, or medical support. By comparison, at this point in 2024, already the worst year …
Seafarer abandonments cases surge by 30% in 2025 Read More »
The escalating sanctions regime against Russia is reshaping trade flows, supporting parallel markets, and challenging traditional oversight. In yesterday’s Baltic Exchange Sanctions Policy Update webinar Jos Standerwick, chief executive of Maritime London, and Daniel Martin, a partner and lead for HFW’s sanctions team, spoke about the complexities of the evolving sanctions environment and its implications …
Drewry’s World Container Index decreased 2.6% to $2,602 per 40ft container this week. Our detailed assessment for Thursday, 17 Jul 2025 Drewry’s World Container Index (WCI) fell 2.6% this week, marking its fifth consecutive weekly decline. This ongoing downturn follows an earlier period of volatility triggered by higher US tariffs announced in April. The market …
Drewry: World Container Index Down 2.6% Last Week Read More »
Asia’s high sulphur fuel oil spot market extended losses on Friday, as discounts deepened and the contango market structure widened. Singapore 380-cst HSFO cash differential was pegged at a discount wider than $6 a metric ton, and the 180-CST cash differential traded at a discount of $4.82 a ton. In the bunker market, traders said …
The Greek former owner of a cargo ship, seized by Spain in 2023 for carrying more than four tons of cocaine along with coffee beans from Latin America to Europe, denies any link to drugs, his lawyer said on Friday. In January 2023, Spanish authorities intercepted the then Greek-operated, Togo-flagged vessel Blume, off the Canary …
Greek owner of cocaine-loaded vessel seized in 2023 denies charges, lawyer says Read More »
Onshore fuel oil stockpiles snapped a three-week run of gains as both imports and exports declined, official government data showed on Thursday. Residual fuel inventories (STKRS-SIN) dropped to 23.38 million barrels ( 3.68 million metric tons) in the week to July 17, down 5.4% from the previous week, according to Enterprise Singapore data. Net imports …
Singapore fuel oil stockpiles break three-week winning streak Read More »
In a groundbreaking project, Sanfu Shipyard in China delivered two state-of-the-art, methanol dual-fuel container feeder vessels to the owner MPC Container Ships and long-term charterer North Sea Container Line. The vessels mark the launch of a green corridor across the North Sea. The NCL Vestland and the NCL Nordland are two identical sister ships delivered …
Sanfu Shipyard delivers advanced methanol-powered container feeders to MPC Read More »
Low water levels following dry weather continue to hamper Rhine river cargo shipping in Germany, with rain in past days causing only a moderate rise in water levels, commodity traders said. Low water is hampering shipping on all the river south of Duisburg and Cologne, including the chokepoint of Kaub. Cargo vessels are generally only …
Low water hinders Rhine river shipping in Germany despite rain Read More »
Leading international law firm Hill Dickinson has announced the hire of Andrew Meads, who joins as a partner in the firm’s London City office Commodities team. With almost 30 years of experience, Andrew brings extensive expertise advising clients on a wide range of commodities, including agricultural products, edible oils and crude oil, petroleum products and …
Hill Dickinson strengthens London marine team with new commodities partner Read More »
El objetivo de la campaña, liderada por el IEO, es determinar la abundancia y la biomasa de los principales stocks pesqueros de especies como la sardina y el boquerón, para asegurar una gestión sostenible de los recursos. Desde hace 17 años los países mediterráneos pertenecientes a la Unión Europea -Francia, Italia, Grecia, Eslovenia, Malta, Bulgaria, …
