On October 31, 2022, global maritime leaders of tomorrow graduated from the World Maritime University (WMU). The Class of 2022 has received the education required to contribute to maritime and ocean matters in their home countries and more broadly to the implementation of the United Nations Sustainable Development Goals (UN SDGs). Overall, the graduating class includes 276 graduates from 70 countries…
Traders are slated to load record volumes of diesel on very-large crude carriers (VLCCs) from Asia to West of Suez markets in August, a trend likely to continue next month, data from trade sources and shiptrackers showed.Five supertankers - Maran Leo…
Transatlantic container shipping volumes into the United States are rebounding, the head of Hapag-Lloyd said on Monday, boosted by restocking and a rush to fill up inventories amid a risk of possible strike action at U.S. ports.Freight sector…
Monthly inbound cargo volume at major container ports in the US could see a near-record surge this month as retailers bring in merchandise ahead of a potential strike at East Coast and Gulf Coast ports this fall. The prediction for the container…
Representatives from Ports of Indiana and Port of Antwerp-Bruges have signed an Memorandum of Understanding (MoU) to advance key economic and environmental port initiatives.The agreement formalizes a plan to work together to advance economic development…
The International Chamber of Shipping (ICS) and the Chamber of Marine Commerce, Canada (CMC), convened over 120 industry leaders from 90 organisations and nearly 30 different countries to the Shaping the Future of Shipping Summit on Thursday 13 June…
The US Federal Maritime Commission (FMC) held an informal public hearing examining impacts from attacks on merchant shipping in the Red Sea and Gulf of Aden on February 7.Opening the hearing, Commissioner Carl Bentzel, voiced concern about safe access through both the Suez and Panama Canals…
AD Ports Group and the Vietnam Maritime Administration (VINAMARINE), have signed a memorandum of understanding (MoU) to bolster commercial opportunities across various sectors, including ports, logistics, digital solutions, economic cities, free zones…
The unwinding of supply chain inefficiencies and rising vessel orders are set to dampen positive deadweight demand in the dry bulk market, according to Maritime Strategies International (MSI).COVID-related supply chain inefficiencies and associated…
China's renewed appetite for Australian coal after Beijing ended its unofficial ban on imports, coupled with strong overall demand for the fuel used to generate power, is forcing a realignment of seaborne flows in Asia.China's total coal imports have soared this year…
Independent polling commissioned by the RSPCA in May 2023 found 71% of Western Australians support the Federal Government’s policy to phase out live sheep export by sea.This includes 72% of people in metropolitan areas, and 69% in rural and regional Western Australia…
The Gas Exporting Countries Forum (GECF) has released its June GECF Monthly Gas Market Report highlighting that growth for May was primarily driven by robust LNG demand in Europe and Latin America and the Caribbean, which offset weaker imports in the Asia Pacific and MENA regions…
PSA International and Kazakhstan Railways (KTZ), the operator of the main railway network of the Republic of Kazakhstan, have signed an agreement to establish a joint venture company KPMC to promote the development of the Trans-Caspian International Transport Route (TITR)…
The World Shipping Council (WSC) has spoken out against new US legislation which aims to eliminate current vessel sharing arrangements as set out in the Shipping Act.The act establishes rules that provide legal certainty to ocean carriers to share space on ships while ensuring competitive markets…
Between January and April, the number of containers full of cargo (export) fell by 12.72% and those unloaded (import) increased by 6.96%The geopolitical situation, the war in Ukraine, the increase in the cost of energy and the shortage of raw materials are weighing down export activity…
