Odfjell SE today reported its results for the second quarter of 2026. The report shows a significantly higher financial result than in the previous quarter. Higher earnings and increased fleet capacity are the key drivers behind the strong financial performance. Highlights – 2Q26 Odfjell’s strong safety performance continued in 2Q26. The four Odfjell-operated vessels previously …
The Panama Canal, today, announced via an Advisory to Shipping, temporary modifications to the locks’ transit capacity including adjustments to its daily auctions, amid reduced precipitation in the canal watershed. Effective September 3, 2026, the number of daily slots available at the Neopanamax Locks will be adjusted to nine (9), and the daily slots available …
The Xeneta Weekly Ocean Container Shipping Market Update provides data and intelligence including the latest freight rate and capacity movements across global trades with supporting insight from Peter Sand, Xeneta Chief Analyst. Xeneta analyst insight – Money on the table for shippers switching imports from US East Coast to US West Coast Peter Sand, Xeneta …
Xeneta weekly ocean container shipping market update – 21.08.26 Read More »
The high-power energy storage platform AQUBE has been selected by shipbuilder Lloyd Werft in Bremerhaven to power a landmark research vessel built for the German Aerospace Center (DLR), Germany’s national research center for aeronautics, space, energy, and transport. Set for delivery in 2027, a new 48-meter-long, 11.5-meter-wide DLR seagoing technology platform will serve as an …
The 10th Implementing Regulation (EU) 2026/1434 from 30 June 2026 amends the Marine Equipment Directive (MED) 2014/90/EU, as was published in the Official Journal of the EU. It will come into force on 31 August 2026 and repeal the 9th Implementing Regulation (EU) 2025/1533. What is new in the updated Implementing Regulation? Marine equipment listed …
The Baltic Exchange’s dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, advanced for a second session on Friday, rising by 1.8% to 2,841 points, driven by gains across all vessel segments. The capesize index, which typically transports 150,000-ton cargoes including iron ore and coal, also gained for a second day, …
Baltic Dry Index Rises for 2nd Day, Still Posts Weekly Loss Read More »
Formal meetings at the International Maritime Organization mark the culmination of a much longer process. They are where positions are placed on record and decisions are taken. However, effective representation begins in advance of delegates entering the committee room. It requires preparation, regular contact and a clear line of communication between those following developments in …
Maritime diplomacy begins before the meeting opens Read More »
Cavotec has signed an order for a MoorMaster NxG automated vacuum mooring system at Jawaharlal Nehru Port Mumbai, one of India’s largest container ports. The order is valued at approximately EUR 5 million and represents the first deployment of automated mooring technology in India. The customer is Jawaharlal Nehru Port Authority (JNPA) and delivery to …
Cavotec signs an order for the delivery of the first automated mooring system in India Read More »
Agreement on the Conservation and Sustainable Use of Marine Biological Diversity of Areas Beyond National Jurisdiction (BBNJ Agreement) entered into force earlier this year, establishing the first global framework to protect biodiversity beyond national waters, raising important questions about the role shipping plays in future conservation. For the maritime industry, the Agreement on the Conservation …
What the new biodiversity agreement means for shipping Read More »
Nautilus International has welcomed significant pay improvements announced by Stena Line. The revised salary arrangements represent a substantial commitment to the company’s seafaring workforce and recognises the skills, experience and professionalism of maritime employees. Stena Line has identified workforce retention, continuity and stability as key priorities underpinning the changes. Speaking on behalf of Nautilus International, …
Nautilus Welcomes Significant Stena Line Investment in Maritime Professionals Read More »
