Howden Offering War Risk Cargo Insurance for Red Sea Routes

Broker Howden has begun offering war risk cargo insurance for vessels traversing the Red Sea to safeguard against drone and missile attacks.

Improved Connectivity to North Africa & Spain From BICT

The Batumi International Container Terminal, part of International Container Terminal Services, is to enhance service connectivity to North Africa & Spain

Hapag-Lloyd & Seaspan Plan for Retrofitting of Five Boxships

Hapag-Lloyd and Seaspan Corporation have entered into a partnership to convert five 10,100 TEU container ships to run on dual-fuel engines.

New 2030 Strategy Revealed by Hapag-LLoyd

Hapag-Lloyd unveiled its Strategy 2030, outlining a plan aimed at achieving quality leadership, sustainability, innovation and efficiency.

Russian Tankers Stranded Due to US's Iran-Related Sanctions

Four Russian tankers transporting oil and refined products have been stranded at sea due to sanctions related to Iran imposed by the United States

NYK Soon to Supply Fuel to Ammonia-Powered Tugboat

During the At the Sea Japan 2024 event, NYK unveiled its plans to begin supplying fuel ammonia to its soon-to-be-completed ammonia-fueled tugboat

Singapore Beats Off Competition to Remain Shipping Hub King

Singapore is again been named the world's premier maritime hub, topping multiple global rankings, the latest being revealed during Singapore Maritime Week.

S. Korea PM Pledges $4B to Grow Country's Containership Fleet

CMA CGM Rate Restoration Announced for N. Europe & Med to N. America

CMA CGM is launching Rate Restoration Initiative 4 which will affect shipments from North European and Mediterranean ports heading to N. America.

Shipyard in North East England Faces Closure

A ship repair yard in northeast England, A&P Tees, is shutting down. Spanning five acres, the site includes two drydocks and a 240-meter jetty.

India-Arabian Gulf Reefer Surcharge Implemented by Hapag-Lloyd

Hapag-Lloyd has introduced a Peak Season Surcharge (PSS) applicable to cargo being transported from India to various ports in the Arabian Gulf.

Scrubber Discharges Banned by Danish Government

The Danish government has aligned itself with an increasing number of nations implementing measures against the use of open-loop scrubbers.

Scan Baltic Feeder Service Upgraded by ONE

ONE is set to upgrade its Scan Baltic Feeder Services with the implementation of a new service structure in the Scandinavia and Baltic regions.

Prices of Handy Bulkers Remain Constant

Transaction activity in the dry bulk sector shows signs of slowing, mirroring the decline of the Baltic Dry Index, which has seen a reduction since mid March.

Wallenius Wilhelmsen Signs $1B Contract in Premium Car Sector

Wallenius Wilhelmsen, the leading operator of RoRo vessels globally, has entered into a substantial multi-year agreement with a top-tier company.