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Tug owners are central to decarbonising marine services in ports, providing solutions to environmental challenges through investment in green tugs. The towage industry is incorporating revolutionary t
Norwegian firm YSA Design has unveiled a revolutionary concept of “Seabreeze”, a sail-powered catamaran cruise ship designed to provide an unparalleled and environmentally responsible cruising experie
By Gavin van Marle 12/04/2024 While container spot rates on the Asia-Europe and Asia-North America trades continued to remain elevated, year on year, due to the Red Sea crisis, collapsing …
Cochin Shipyard Ltd, a fully-owned government company, has signed a significant agreement with the United States Navy, marking an important milestone in the Indo-US naval partnership. CSL has inked a
BEIJING/MANILA, March 5 (Reuters) – The Philippines summoned China’s deputy chief of mission in Manila on Tuesday to protest what it called “aggressive actions” by Chinese naval forces against a …
PortEconomics members, Theo Noteboom and George Vaggelas along with Stavros Karamperidis (University of Plymouth) are the guest editors of a special issue of Journal of Shipping and Transport, examini
The current spike in shipping costs caused by ocean carriers routing away from the conflict in the Middle East could seep into longer-term rates if the federal government waits too …
Air France-KLM and ocean shipping power CMA CGM, citing regulatory challenges in various nations, have agreed to discontinue their air cargo capacity-sharing agreement one year into a 10-year partners
Iran seized a tanker with Iraqi crude destined for Turkey on Thursday in retaliation for the confiscation last year of the same vessel and its oil by the U.S., Iranian …
The product tanker market has been on the rise lately, as trade conditions are favoring ship rates. In a recent weekly report, shipbroker Intermodal said that “in Europe, refiners have …
'Not all oil producers can be last ones standing': IEA London, 23 November (Argus) — It is an "uncomfortable truth" that oil and gas producers will need to scale back …
[By: Emden/Leer University of Applied Sciences] As part of an international climate protection project with the participation of Emden/Leer University of Applied Sciences, the German Society for Inte
[By: Emden/Leer University of Applied Sciences] As part of an international climate protection project with the participation of Emden/Leer University of Applied Sciences, the German Society for Inte
The shipbreaking industry was a rather positive one over this past week, amid the Bahri week in Dubai and the forthcoming Diwali holidays during the next seven days. In its …
The ship recycling market has slowed down again, because of a supply drop. In its latest weekly report, said that “the Indian recycling market has experienced a ghostly role this …
The maritime industry is no stranger to risks and uncertainties. From marine accidents due to human error and natural disasters, to geopolitical conflicts, the challenges faced by shipowners, operator
American Bureau of Shipping (ABS) delves into the intricate LNG (liquified natural gas) value chain and explores dominant trends in LNG shipping. According to ABS, while the specific incentives and …
MSC Tops Schedule Reliability as Two-Thirds of Boxships are on Schedule MSC moved from middle of the pack to the best schedule reliability in 2023 (file photo) For the sixth …
MSC Tops Schedule Reliability as Two-Thirds of Boxships are on Schedule MSC moved from middle of the pack to the best schedule reliability in 2023 (file photo) For the sixth …
Hub Group’s revenue and profits fell in the second quarter compared to last year’s record-breaking results. The transportation provider reported second-quarter earnings per share (EPS) of $1.44, 3 ce
