Authorities in India rescue baby orangutans dumped in forest
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Svitzer Signs with Cheoy Lee for Six More 29-Metre TRAnsverse Tugs
Svitzer, a leading global towage provider, and Cheoy Lee Shipyards have signed a contract to build a further six 29 metre TRAnsverse tugs, as the firs...
Why Mediterranean container rates are losing their North Europe premium
Mediterranean container rates have historically traded at a premium to North Europe. That gap has now narrowed sharply as rates retreat faster from their peak-season highs. The post Why Mediterranean…
Brent crude surpasses $100 a barrel as Iran, US escalate attacks
Benchmark Brent crude hits $100, shaking markets and fuelling concerns over rising inflation pressures worldwide.
Shipping Nations Warn Global Trade Is Fracturing — And Everyone Pays
The armed conflicts, trade wars, and extreme weather events hammering maritime supply chains are not one-offs, but rather signs of a “structural shift” for global trade, 18 of the most important…
Iran and US Hit Tankers in Biggest Wave of Attacks on Shipping Since War Began
Iran said on Wednesday it had attacked 10 ships near the Strait of Hormuz after the U.S. sank five Iranian oil tankers, in the biggest declared wave of tit-for-tat attacks on shipping by both sides…
Hapag-Lloyd updates India cargo requirements under SCMTR
Hapag-Lloyd has issued an update on India’s Sea Cargo Manifest and Transshipment Regulations (SCMTR). According to the carrier, all Indian ports are now operating under the SCMTR framework. The…