News Updates

Foiling electric vessels can cut ship emissions by 97.5%
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Foiling electric vessels can cut ship emissions by 97.5%

A study from The Royal Institute of Technology in Stockholm says emissions from ships could be reduced by 97.5% by..

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Downward Trajectory
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Downward Trajectory

One of the steadiest performers in the ocean freight spot market has finally begun to follow the wider industry trend,..

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Capesize index climbs 372 points
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Capesize index climbs 372 points

The Baltic Exchange’s dry bulk sea freight index rose on Thursday to mark its biggest one-day percentage gain since mid-September,..

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ABS approves Provaris’ Design for a Compressed H2 Carrier
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ABS approves Provaris’ Design for a Compressed H2 Carrier

ABS has reviewed and approved the design of Provaris’ H2Neo compressed H2 carrier, an industry first for a bulk hydrogen..

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Maritime Courts step up to protect marine rights and interests
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Maritime Courts step up to protect marine rights and interests

Courts have stepped up efforts to safeguard national marine rights and interests, protect the marine ecology and environment and promote..

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Hard Landing
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Hard Landing

Over the past month, the market downturn has gathered further steam, and we are now entering the phase where the..

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Drifting East
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Drifting East

Sharpie maker Newell Brands Inc. is opening distribution centers in Pennsylvania and North Carolina to lessen dependence on seaports in..

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Shaheen Express to boost trade between Arabian Gulf and Indian Subcontinent
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Shaheen Express to boost trade between Arabian Gulf and Indian Subcontinent

The Saudi Ports Authority (Mawani) has announced the addition of King Abdulaziz Port in Dammam to the Shaheen Express shipping..

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Dr Ann Fenech, first female President in CMI’s 125 years history
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Dr Ann Fenech, first female President in CMI’s 125 years history

IMO Secretary-General Kitack Lim has received Dr. Ann Fenech, new President of the Comité Maritime International (CMI) at IMO Headquarters..

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