The Maritime and Port Authority of Singapore, Port of Los Angeles and Port of Long Beach, with the support of C40 Cities, have renewed their memorandum of understanding on a green and digital shipping corridor for another three years.First signed in 2023…
Cool Carriers, the world’s largest operator of specialized reefer vessels, reports strong results despite a sharp downturn in demand for its Chilean subsidiary for the 2025/26 Summer season, from 1 October 2025 to 31 March 2026.Despite a sharp…
The Baltic Exchange, which tracks and assesses freight rates, on Monday proposed amending its methodology on all Middle East benchmarks, citing the escalating geopolitical disruption in the Strait of Hormuz and the wider Middle East region,…
A small group of truckers continue to paralyze grain exports from Argentina's Quequen port, the nation's ports chamber said on Monday, despite most of the sector accepting new rates after a more-than-week-long strike held up at least $450 million in shipments…
Western Illinois University announced the formal establishment of the Corn Belt Ports Rural Logistics & Maritime Training & Education Consortium, a multi-state collaboration designed to strengthen the inland maritime workforce and support economic growth across the Midwest…
NYK Bulkship (Asia), Golden Island and Yara Clean Ammonia Norge have concluded a non-binding Term Sheet that paves the way towards a partnership to supply low-carbon ammonia as a marine fuel in Singapore.The companies began discussions in the beginning of 2024 to explore the launch of the business…
Construction has started on a new Seafarers Centre at the Port of Port Hedland in Australia.Benchmark Construction and Building has been awarded a contract to construct the new center which will be a welcoming space for seafarers visiting Port Hedland and will include areas for rest…
Concerns grew on Monday that the ceasefire between the United States and Iran might not hold after the U.S. said it had seized an Iranian cargo ship that tried to run its blockade and Iran vowed to retaliate.Efforts to build a more lasting peace in the region likewise appeared to be on shaky ground…
PSA Singapore has chosen Motorola Solutions’ advanced TETRA digital radio communications to strengthen safety and efficiency across its operations while supporting its ongoing expansion through the Tuas Mega Port project.Motorola Solutions’ TETRA network supports more than 4…
Maritime safety regulations are often shaped by hard lessons. Few accidents demonstrate this more clearly than the loss of the ferry MV Estonia in September 1994.Maritime safety regulations are often shaped by hard lessons. Few accidents demonstrate…
Four States deposited their instruments of ratification of the International Convention on Liability and Compensation for Damage in Connection with the Carriage of Hazardous and Noxious Substances by Sea, 2010 (2010 HNS Convention), bringing the treaty’s entry into force a step closer…
Iran could consider allowing ships to sail freely through the Omani side of the Strait of Hormuz without risk of attack as part of proposals it has offered in negotiations with the United States, providing a deal is clinched to prevent renewed conflict…
Canon U.S.A., Inc., a leader in digital imaging solutions, announced the release of the MS-510, a multi-purpose camera engineered to meet the demands of ultra-low-light full-color video shooting. Building on the MS-500, the new MS-510 is designed…
ZIM Integrated Shipping Services Ltd. announced that Mr. Eli Glickman, the President and Chief Executive Officer of the Company, informed the Board of Directors of his decision to depart from the Company. Mr.Glickman will continue to serve as…
The discount for Russian Urals oil on a FOB basis for cargoes loading from the Baltic port of Primorsk in April narrowed to $15-$17 per barrel versus dated Brent from about $24-$27 per barrel in the second half of March, as falling freight rates reduced costs for Russian sellers…