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Bunker indices show upward trend

At the end of the 20th week of the year, the global bunker indices of the Marine Bunker Exchange (MABUX) moved upward. The 380 HSFO...

Kalmar, DP World finalize major repeat order for electric equipment at London Gateway

DP World has placed a repeat order with Kalmar for 12 fully electric straddle carriers equipped with high-energy batteries, to be used at its...

DP World inks US$760 million investment deal for Caucedo Port expansion

DP World has signed a US$760 million Memorandum of Understanding (MoU) with the government of the Dominican Republic to expand the Port of Caucedo...

We Asked AI: Next-Generation Ports

Futuristic commercial ports are ultra-efficient, fully automated hubs where AI-driven logistics, autonomous cranes, and self-navigating cargo vessels work in perfect synchrony. Equipped with smart sensors,...

Suez Canal Offers Incentives Amid Fears of Houthi Regrouping and Regional Instability

The Suez Canal transit fee discount reflects Egypt’s desperation to revive the canal's traffic amid fears that Houthi militants are preparing a new wave...

Vietnam and Thailand race to capture China+1 shipping gains

As the geopolitical rift between China and the United States deepens, the global manufacturing and shipping landscape is undergoing a historic shift. At the center...

DP World bets big on Latin America

DP World’s recent strategic investments in Latin America reveal a clear and deliberate pattern focused on securing and strengthening its presence in critical transshipment...

Red Sea states to strengthen marine pollution response capabilities

Countries bordering the Red Sea are enhancing their preparedness and response systems to address major marine pollution incidents involving oil and hazardous and noxious...

Russia to revive shipbuilding sector to reduce external dependence

As global supply chains undergo tectonic shifts driven by sanctions, war, and geopolitical rivalry, Russia is charting a bold course to reassert control over...

China-US de-escalation may spur early peak season: Freightos Analysis

The US and Chinese governments have announced a 90-day de-escalation of the tariffs introduced by both sides in April. Starting May 14th, the US will...

HMM records US$2 billion in Q1 revenue

South Korean container shipping company HMM has announced solid results in the first quarter of 2025. In particular, HMM reported a 23% revenue jump year-on-year...

Ceasefires Ease Tensions in Maritime Flashpoints, Yet Threats Linger

Amid recent diplomatic efforts to stabilize two of the world's most volatile maritime regions—the Red Sea and the Indian Ocean—a sense of fragile calm...

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Panama Canal vs Suez vs NSR: Which maritime corridor will shape the 21st century?

In an era where geopolitics and climate change are redrawing the map of global trade, the question is no longer if maritime corridors will...

ABS unveils breakthrough EV Battery Fire Simulation Model

American Bureau of Shipping (ABS) has taken a significant step forward, developing an advanced simulation modeling of thermal runaway in Lithium-ion battery fires. The model,...

OSPAR to ban scrubber discharges

Discharges from ship scrubbers will be banned in internal waters and port areas across the North-East Atlantic by 2027, with further restrictions coming into...

ABS to evaluate floating nuclear power plants

American Bureau of Shipping (ABS), CORE POWER, and Athlos Energy have formed a consortium to evaluate the potential deployment of floating nuclear power plants...

HHLA shares solid 2024 financial results

Hamburger Hafen und Logistik AG (HHLA) shared solid 2024 financial results and key strategic developments at its Annual General Meeting. All items on the...
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