Latest data reveals global ocean container shipping emitted all-time high carbon emissions in 2024, driven largely by the impact of conflict in the Red Sea. The data, released by Xeneta and Marine Benchmark this week, is a timely reminder that, while the geo-political climate is heating up due to the US tariff announcements, we must …
U.S. importers are being notified of an increase in canceled sailings by freight ships out of China as ocean carriers try to balance the pullback in orders resulting from President Trump’s tariffs and the escalation of tensions in the trade war. A total of 80 blank, or canceled, sailings out of China have been recorded …
Trade war fallout: Cancellations of Chinese freight ships begin as bookings plummet Read More »
Fortescue has signed an agreement with Bocimar, part of CMB.TECH, to charter a new ammonia-powered vessel. This emphasises the commitment of both companies to decarbonise the shipping industry. The 210,000 dwt Newcastlemax vessel is expected to be delivered to Fortescue by the end of next year and will play a vital role taking iron ore …
Fortescue and CMB.TECH sign agreement for ammonia-powered ore carrier Read More »
The partnership aims to advance liquefied hydrogen carrier technology, promoting sustainable and zero-emission maritime transport. Lloyd’s Register (LR) has signed an agreement with the Hydrogen Ship Technology Center at Pusan National University (PNU) in Korea, forming an international partnership aimed at advancing liquefied hydrogen carrier technology and cryogenic engineering. The Memorandum of Understanding (MoU), signed …
Onshore fuel oil stockpiles at key trading hub Singapore rose for a second straight week, supported by strong inflows of Middle Eastern supply, data showed on Thursday. Residual fuel inventories (STKRS-SIN) were at 22.9 million barrels (about 3.6 million metric tons) in the week to April 16, based on Enterprise Singapore data. The inventories were …
Singapore fuel oil stockpiles climb on strong Mideast inflows Read More »
Sustainable shipping and successes in diversity took centre stage at the inaugural WISTA India ExCo Conference in Mumbai, which coincided with the first WISTA International Mid-Term Meeting to take place in India. With WISTA International membership exceeding 6,000 this month, the Executive Committee (ExCo) met over two days to discuss topics that included the professional …
WISTA India Conference shines spotlight on sustainable shipping and diversity success Read More »
Average spot rates from Far East to US East Coast and US West Coast are flat during April to stand at USD 3951 per FEU (40ft container) and USD 2910 per FEU respectively. Average spot rates from Far East to North Europe increased 4.8% on 15 April to stand at USD 2457 per FEU. Average …
As part of our ongoing efforts to foster greater equity, diversity and inclusion within the maritime space, NeurodiversAtSea, the Seafarers Hospital Society and The Seafarers’ Charity are delighted to announce the launch of an industry-first project to provide tailored support to neurodivergent seafarers. The project builds upon research conducted by NeurodiversAtSea which identified a lack …
Seafarers have been declared to be key workers by a formal resolution of the International Labour Organization, which met in Geneva, Switzerland recently (7 to 11 April 2025). Recalling the disruptions to shipping and seafarers caused by governmental responses to SARS-CoV2 (the virus that causes the COVID respiratory disease), and recalling the many and various …
Cobham Satcom, a global leader in maritime safety and satellite communication technology, has released a significant update to its SAILOR 6110 mini-C GMDSS system. Available from today, the new software version unlocks printerless operation, aligning with the International Maritime Organization’s (IMO) Resolution MSC.434(98) and supporting the maritime industry’s shift towards digitalization. The SAILOR 6110 GMDSS …
