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UK Charts Course for Carbon Free Shipping

Mar 25, 2025

The UK Maritime Minister Mike Kane has revealed the government’s new goals for all vessels that operate in UK waters and dock at UK ports to be carbon free.Part of the government’s Plan for Change, the new Maritime decarbonization strategy sets…

Tariffs Bite: Venezuela Oil Loading Slows

Mar 25, 2025

Loading of Venezuela's heavy crude at its main oil ports slowed this week after the U.S. imposed a tariff on trade with countries buying the South American nation's oil and producer Chevron began reducing its tanker fleetthere, according to shipping data and a document seen on Tuesday…

ABS, MPA Expand Partnership to Drive Innovation, Workforce Development

Mar 25, 2025

New ABS Singapore Maritime Safety Centre to support immersive training in alternative fuels and safety operationsThe American Bureau of Shipping (ABS) and the Maritime and Port Authority of Singapore (MPA) have renewed their long-standing partnership…

Port & Terminal Technology USA Set for Miami

Mar 25, 2025

Port & Terminal Technology USA has established itself as a must-attend key industry event.  Its huge success over the last thirteen years is attributed to overwhelming positive feedback   from attendees and the event’s growing list of returning exhibitors…

BDI Hits One-Week High as Commodity Markets Firm

Mar 24, 2025

The Baltic Exchange’s main sea freight index rose to its highest level in a week on Monday, supported by gains across all vessel segments amid strengthening demand and firmer commodity markets.The overall Baltic Dry Index (BDI), which tracks…

Maersk, PANYNJ Extend Lease for APM Terminals Elizabeth Until 2062

Mar 24, 2025

Maersk and the Port Authority of New York and New Jersey (PANYNJ) have agreed to extend APM Terminals Elizabeth's lease through December 2062. Originally set to expire in 2029, the lease extension reflects the company’s partnership with the port…

U.S. Wants Black Sea Ceasefire

Mar 23, 2025

A U.S. delegation will seek progress toward a Black Sea ceasefire and a broader cessation of violence in the war in Ukraine when it meets for talks with Russian officials on Monday, after discussions with diplomats from Ukraine on Sunday.The so-called technical talks come as U…

North Queensland Ports Contribute Billions to Local Economy

Mar 23, 2025

The Queensland ports of Mackay, Hay Point and Abbot Point contribute A$31.7 billion ($19.9 billion) annually to Australia’s economy, a new economic impact study has revealed.The independent study was conducted by Prominence and commissioned by North Queensland Bulk Ports (NQBP)…

Celebrities Condemn Brittany Ferries’ Live Export Decision

Mar 23, 2025

Actors Dame Joanna Lumley and Pauline McLynn have joined forces with over 110 other high-profile individuals, experts and animal welfare NGOs to condemn a decision by Brittany Ferries to resume transporting livestock from Ireland to France, including unweaned calves…

Acting on Instinct

Mar 20, 2025

This week, the UK Marine Accident Investigation Branch (MAIB) issued its report on the deaths of three stevedores in a cargo hold access space on board a bulk carrier.Berge Mawson was in Indonesia, loading coal from barges using a floating crane…

Lack of Training Implicated in Enclosed Space Deaths

Mar 20, 2025

The UK Marine Accident Investigation Branch (MAIB) has issued its report on the deaths of three stevedores in a cargo hold access space on board the bulk carrier Berge Mawson.On the morning of 27 June 2022, three unconscious stevedores were…

Taiwan Seeks to Invest in Alaskan LNG

Mar 20, 2025

Taiwanese state energy firm CPC Corp signed on Thursday an agreement with Alaska Gasline Development Corp to buy liquefied natural gas and invest in the project, a move Taiwan's President Lai Ching-te said would ensure the island's energy security…

CK Hutchison Reports 11% Profit Drop in 2024

Mar 20, 2025

CK Hutchison on Thursday reported an 11% drop in underlying profit for 2024, as one of Hong Kong's most powerful conglomerates becomes increasingly embroiled in a political row over the sale of its ports business to a BlackRock-led consortium…

Weak Demand Drives China Coal Imports Down 15%

Mar 20, 2025

“We estimate that coal shipments to China will show a 15% fall y/y during the first quarter of 2025, reaching a three-year-low. Seaborne cargoes have slowed due to weaker domestic demand and higher competition from domestic supplies and overland imports…

Proposed Port Fees Could Choke U.S. Coal, Ag Exports

Mar 19, 2025

President Donald Trump's plan to revive U.S. shipbuilding using massive fees on China-linked ship visits to American ports is causing U.S. coal inventories to swell and stoking uncertainty in the embattled agriculture market, as exporters struggle to find ships to send goods abroad…

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