Liberia has confirmed its position as the leading flag of choice for Greek ship owners and operators, according to statistics produced by the independent research and information organisation Marine Information Services (MIS) in Greece. The…
Two workers lost their lives at the Chittagong shipbreaking yards in the last two weeks, bringing the total death toll this year to six workers, reports NGO Shipbreaking Platform. On 6 May, 26-year-old Shahinoor died at Jamuna Shipbreaking yard…
Eco Marine Power (EMP) has signed a Memorandum of Understanding (MOU) with a Singapore based shipping company to supply its Aquarius Management and Automation (MAS) + Solar solution. The solution will also include hardware and software that…
The Baltic Exchange has appointed a new chief commercial officer; Janet Sykes, former head of communications at shipping services provider Clarksons Platou, will join the Baltic Exchange on July 3. Sykes worked at Clarksons Platou between…
An attack on Yemen's Hodeidah port would push the country closer to famine as humanitarian agencies have no other way to deliver all the food and aid that is needed, a U.N. official said on Thursday. A Saudi-led military coalition has been preparing an assault on the key Red Sea port…
A new ferry line between isolated North Korea and its neighbour Russia docked for the first time at the Russian Pacific port of Vladivostok on Thursday. The ferry's Russian operators say it is purely a commercial venture, but it coincides…
A dozen ships from the Swiss high seas fleet are being sold off as the global shipping crisis takes its toll on the quirky remnant of landlocked Switzerland's efforts to ensure supplies of essential goods at times of international unrest. Worried…
German shipping line Hapag Lloyd is close to completing a merger with United Arab Shipping Company (UASC) after UASC's shareholders agreed terms to repay outstanding debts, sources familiar with the talks told Reuters.The deal to create the world's fifth-biggest shipping company…
A look at international trade and cargo security provides a short primer on how to reduce unnecessary costs. Global Trade ChallengesThe global market is unbelievable in size and scope, and it is expanding with global demand for goods and the growing adoption of offshore-sourcing by major U…
The Daniel K. Inouye Institute honored U.S. Senator Jack Reed of Rhode Island on Wednesday, May 17 for his long-standing support of the American maritime industry. Joined by dozens of maritime and Senate leaders, Sen. Reed received the Daniel K…
Matrix Bharat Pte. Ltd. (MXB), a supplier of marine fuels in India, has begun physical operations in Mumbai. In conjunction with this, MXB has commenced operations on Jawahar Dweep, an island off the southeastern coast of Mumbai. MXB is…
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell for the fourth straight session on Thursday, pressured by lower panamax vessel rates.The overall index, which factors in rates for capesize…
Marking a shift in how ship agents can support customers, Wilhelmsen Ships Service (WSS) said it will soon begin delivering its agency essentials via drone.A much talked about technology, with obvious applications for the shipping industry…
Spain's lower house of parliament narrowly passed a long-delayed reform of port operations on Thursday, bringing regulation closer to that of the European Union though the overhaul has been slammed by unions which have threatened widespread strikes…
European Commission has exempted public support measures in a number of areas from prior Commission state aid control, said a press statement. This facilitates public investments in key infrastructure, namely ports and existing airports…
