Latest data from Xeneta suggests 2024 could be even more brutal than expected for carriers in the ocean freight shipping market, as the Xeneta Shipping Index (XSI), which tracks real-time developments in global long-term contracted rates, today stands at 158…
Oil loadings from the Black Sea port of Novorossiysk and the Caspian Pipeline Consortium (CPC) terminal have not resumed due to an ongoing storm forcing exporters to look for alternative routes, three sources familiar with exports told Reuters on Wednesday…
CMB.TECH and Boeckmans will build four hydrogen-powered 5.000-dwt general cargo vessels with reduced greenhouse emissions.The first vessel is expected to be delivered in the second half of 2025. The vessels will be built at the Dung Quat shipyard in Vietnam and will be deployed on major sea routes…
A new report provides insights into animal welfare issues during transport within and from the EU.Around 44 million farmed animals a year are transported, including unweaned calves and lambs on journeys from Europe lasting up to three weeks…
A severe storm in the Black Sea region has disrupted up to 2 million barrels per day (bpd) of oil exports from Kazakhtsan and Russia, according to state's officials and port agent data.Oil loadings from Novorossiysk and the Caspian Pipeline…
January loadings of North Sea crude oil grade Troll will fall slightly from the previous month, with Oseberg loadings set to be steady from December, according to loading schedules seen by Reuters.A total of five cargoes - each 700,000 barrels - of Troll will load next month…
Wabtec Corporation and Latin American Channel Partner, Marinsa International, signed a contract to supply the primary power for 10 new hybrid tractor tugboats for the Panama Canal Authority (ACP). Wabtec will deliver two 8L250MDA marine engines for each tugboat…
Ocean Network Express (ONE) has announced a new West India North America (WIN) service which connects India’s west coast and the US east coast. India has been playing an increasingly important role in world trade, with an export volume of approximately…
DP World Australia, one of the country's largest ports operators, said on Tuesday hackers had accessed files containing personal details of employees after a cyber incident early this month forced it to suspend operations for three days.The breach…
Lhyfe has won the call for proposals by Nantes Saint-Nazaire Port to develop a green hydrogen industrial production and distribution site in Montoir-de-Bretagne (Loire-Atlantique).This call for proposals, which was launched in November 2022…
The RSPCA has welcomed the tabling of the Australian federal Minister for Agriculture's response to one of the largest Australian parliamentary e-petitions in history, calling for an end to live sheep export.Minister for Agriculture, Fisheries and Forestry…
Israel-based container shipping company ZIM Integrated Shipping Services has reaffirmed its continued commitment to serve the East Mediterranean and Israeli ports.The message comes after incidents in the Red Sea where militant groups have indicated the desire to disrupt Israeli shipping movements…
Siloed data systems represent a “recipe for duplicative and multiplicative cost inside a company and across companies”, an OrbitMI-hosted panel at the recent Shipping Insight event in the US was told, as a Bureau Veritas-backed study highlighted…
Saab and GMV are collaborating in ASGARD, an EU-funded project that aims to improve maritime security when using GNSS and OSNMA. The project addresses the growing threat of GNSS spoofing and other cyberattacks on navigation systems used in the maritime industry…
DP World has cuts carbon emissions from its UAE operations by nearly 50% this year by accessing renewably produced power from the Dubai Electricity and Water Authority (DEWA).DEWA has issued more than 200,000 International Renewable Energy Certificates (I-RECs) to DP World so far this year…
