Baltic Index Snaps 7-Session Winning Streak As Larger Vessel Rates Fall

The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, fell on Monday to snap a seven-session winning streak, weighed down by lower rates for capesize and panamax vessels. The main index, which tracks rates for capesize, panamax and supramax shipping vessels, lost 36 points, or 1.8%, to 2,016 …

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FuelEU Maritime: Key updates on fuel certification, methane slip, and exemptions

With the FuelEU Maritime regulation in force, questions around reporting requirements, fuel allocation, exemptions and fuel certification have become increasingly common. In response to feedback and concerns from our customers, this statutory news aims to clarify these aspects of the regulation and provide guidance on compliance. Fuel allocation and certification FuelEU Maritime: Key updates on …

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Developments in relation to the employment of seafarers

We bring you two developments in relation to the employment of seafarers. Firstly, following negotiations in Geneva, the International Chamber of Shipping and the International Transport Workers’ Federation have welcomed the introduction of a new minimum wage for seafarers. Secondly, significant amendments have been made to the UK Government’s draft Employment Rights Bill, originally published …

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Ripple effects of US tariffs and geo-political turmoil continue to spread across ocean container shipping

President Trump threw a rock into the already turbulent waters of ocean container shipping when he announced sweeping US tariffs on China and the rest of the world in April. If you are a shipper, it is imperative that you understand how these tariffs are still casting ripples across global ocean supply chains in increasingly-subtle …

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KR Representative LEE Jungkun Elected Chair of IACS Safety Panel

KR (Korean Register) is pleased to announce that LEE Jungkun, General Manager of KR’s Convention & Legislation Service Team, has been elected as the next Chair of the International Association of Classification Societies (IACS) Safety Panel, with a three-year term running from January 1, 2026 through December 31, 2028. The appointment was confirmed at the …

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El Puerto de Sevilla y Endesa presentan la nueva infraestructura eléctrica que impulsará el distrito urbano portuario y los desarrollo en la margen izquierda

La Autoridad Portuaria de Sevilla invertirá más de 5 millones de euros destinados a la ampliación de la subestación de Palmas Altas, que ejecutará Endesa, lo que permitirá atender la nueva capacidad energética prevista en la zona. El presidente de la Autoridad Portuaria de Sevilla, Rafael Carmona Ruiz, y el director de Endesa en Andalucía, …

El Puerto de Sevilla y Endesa presentan la nueva infraestructura eléctrica que impulsará el distrito urbano portuario y los desarrollo en la margen izquierda Read More »

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