European gas prices reach highest level since 2022 European gas prices have risen by 4 percent to €79 ($92) per megawatt-hour, their highest level since late 2022.
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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...
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…
Benchmark Brent crude hits $100, shaking markets and fuelling concerns over rising inflation pressures worldwide.
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 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 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…
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