“Our foremost concern is for the wellbeing of the seafarers and civilians affected. We were deeply concerned to learn about the attacks on seafarers and the tragic loss of life. Our thoughts are with the families of those affected. “All parties must take all necessary steps to safeguard the safety of seafarers who are simply …

Statement from the International Chamber of Shipping, European Shipowners|ESCA and the Asian Shipowners’ Association on situation in the Straits of Hormuz Read More »

“The recent escalation of conflict in the Middle East is causing disruption to global liner shipping, with many carriers pausing or rerouting services as they assess the evolving security situation,” World Shipping Council President & CEO Joe Kramek said. “The safety of seafarers is paramount. Seafarers must not be targeted or placed at risk as …

World Shipping Council statement on the situation in the Middle East and its impact on global shipping Read More »

Looking ahead, the nuanced impact of the US Supreme Court tariff ruling could be a contributing factor to an expected increase in average spot rates at the beginning of March. Xeneta analyst insight: Peter Sand, Xeneta Chief Analyst: “The recent tariff ruling by the US Supreme Court will have knock-on impacts for ocean container shipping, …

Xeneta Weekly Ocean Container Shipping Market Update: Rates To Move Higher Read More »

The Canadian Arctic and the Norwegian Sea are set to become new emission control areas (ECAs) from 1 March 2026. The move follows amendments to MARPOL Annex VI adopted by the IMO’s Marine Environment Protection Committee (MEPC 84) in October 2024. While the ECAs will formally enter into force from next week, the main operational …

Two New ECAs Set To Come Into Effect This Week Read More »