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Freight Rates at Risk if Container Lines Switch to Red Sea Route: Xeneta
May 9, 2025 ... carriers resume Suez Canal transits instead of routing around the Cape of Good Hope, global TEU-mile demand could fall 6%, Xeneta data shows. This projection assumes modest demand growth of 1% ...
Valio and Viking Line Team Up to Decarbonise Milk Product Transport
May 9, 2025 ... dairy producer Valio has partnered with shipping company Viking Line to transport its milk and dairy products across the Gulf of Finland using vessels powered by bio-LNG. The initiative ...
Flip-Flop Crude Prices Gain 3% on US/China Talks Enthusiasm
May 8, 2025 ... than a day after oil traders caused crude prices to drop based on the contention that upcoming trade talks between the U.S. and China won't result in a resolution of differences, on Thursday ...
FOBAS Bulletin: High/off-spec Ash due to Calcium, ARA
May 8, 2025 ... days FOBAS has tested a number of fuels that have a high tested Ash content, above the 0.100%m/m limit for an RMG380 grade. These fuels were bunkered in the second half of April from ports in the ...
CMA CGM Keen to Make Full Return to Suez Canal Transits
May 8, 2025 ... a virtual meeting on May 7, Admiral Ossama Rabiee, Chairman of the Suez Canal Authority, and Christine Cabau, EVP of Assets and Operations at CMA CGM, discussed recent developments in the ...
Maersk Bunker Consumption Drops to Lowest Since Q4 2024
May 8, 2025 ... level in more than a year in the first three months of 2025. The firm used a total of 2.702 million mt of marine fuels in Q1, down by 2.9% from the previous quarter and by 3.4% from the same ...
Gard Urges Masters to Monitor Risks Amid India-Pakistan Tensions
May 8, 2025 ... near Indian and Pakistani ports, following a sharp escalation between the two countries. Recent military exchanges have triggered a series of trade and port access restrictions, including mutual ...
GCMD and ADB Partner to Tackle Emissions Through Green Finance
May 8, 2025 ... the launch of ADB's new Sustainable and Resilient Maritime Fund (SRMF) at its annual meeting in Milan, GCMD said in an emailed statement on Thursday. The collaboration aims to address key ...
BUNKER JOBS: Maersk Seeks Bunker Operations Manager in Mumbai
May 8, 2025 ... safely and timely reach the next feasible port. Drive stock on board to the optimal level to minimize locked-in capital cost while ensuring that bunker top-ups are ...
Ammonia Needs Respect, Not Fear: DNV
May 8, 2025 ... is emerging as a key candidate to help shipping cut emissions, but its toxic and corrosive properties demand rigorous safety standards. In its latest whitepaper, classification society ...
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India Approves Near $8 Billion Package to Revitalise Shipbuilding

India Approves Near $8 Billion Package to Revitalise Shipbuilding

The plan seeks to expand shipyard capacity, boost financing and attract investment to strengthen India's maritime ecosystem.

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