Shipbroker Simpson Spence Young (SSY) on Wednesday revealed it will open a new office in Genoa, Italy.The new SSY Genoa office will open this Autumn. Initially, the team that will be based there will focus on dry cargo, specifically handy, supramax and panamax…
Hiscox is committed to a planned insurance consortium providing cover for ships travelling through a safe passage from Ukraine, its chief executive said on Wednesday, as the Lloyd's of London insurer shares plunged on a first-half loss.The first…
Shipping group Maersk expects global container demand to fall this year as sales of durable goods come to a 'standstill', leaving flat-screen TVs and furniture piling up in warehouses, the company said on Wednesday.A surge in consumer demand…
Pope Francis said on Wednesday he hoped the people of Lebanon can be comforted by justice over the Beirut port blast that killed at least 215 people two years ago, saying 'the truth can never be hidden'.Speaking at his weekly general audience…
Intellian Technologies announced its new t-Series and s-Series antennas to enhance the live television (TV) experience for those onboard maritime vessels.The new t-Series antennas, available from September onwards, will leverage improved technology to elevate the user and customer experience…
Seafarer happiness levels are trending upward after reaching a record low last quarter, according to the latest Seafarers Happiness Index report published by The Mission to Seafarers.The survey, undertaken with the support of the Standard Club and Idwal…
The Maritime and Port Authority of Singapore (MPA) and the Port of Rotterdam Authority have signed a memorandum of understanding (MoU) to establish the world’s longest Green and Digital Corridor to enable low and zero carbon shipping.Signed by Quah Ley Hoon…
Last month, CMA CGM’s Zephyr became the largest containership by cargo capacity to ever transit the Panama Canal.The Neopanamax containership Zephyr has a total capacity of 16,285 TEUs. After calling at the U.S. ports of New York and Savannah…
Key arrangements including procedures for ships still need to be worked out before empty vessels can come in and pick up cargoes from Ukraine using the new grains corridor, a senior London marine insurance market official said on Monday.Turkey…
Maersk raised its 2022 profit guidance for a second time on Tuesday after beating quarterly revenue expectations as congested global supply chains that have boosted freight rates persist longer than expected.The shipping industry has seen record…
The first ship carrying Ukrainian grain through the Black Sea since Russia invaded Ukraine more than five months ago left Odesa on Monday under a safe passage agreement that has raised hopes hundreds of other vessels will follow.But there are…
Classification society ClassNK announced it has opened a new exclusive surveyor office in Rome, Italy with operations beginning August 1, 2022.ClassNK said it has opened its newest office, located at the center Italian Peninsula, in response…
On July 31, the coal carrier Ushio, which NYK had ordered from Honda Heavy Industries Co., Ltd. was delivered at the Saiki Shipyard. A naming ceremony was attended by Masato Mizutani, executive officer, head of fuel operation management group of JERA Co…
The EVER ALOT, the largest container ship in the world, with just over 24,000 teu capacity, has been delivered to ABS class.The vessel is the latest in a series of nine being built by Hudong-Zhonghua Shipbuilding in China to ABS class. The 400…
The United States' Federal Maritime Commission (FMC) on Friday announced it creating a new bureau to handle its enforcement and compliance activities. The agency, which is responsible for the regulation of oceanborne international transportation of the U…
