5+ day, 5+ hour ago   (237+ words) The carriage of steel cargoes is frequently associated with cargo claims, often involving allegations of rust, mechanical damage, indentation, bending, contamination or other defects arising during the voyage. In some cases, however, such damage may have been present before the…...

1+ week, 2+ hour ago   (188+ words) Bureau Veritas Marine & Offshore (BV), CMA CGM and Shanghai Merchant Ship Design and Research Institute (SDARI) have signed a Joint Development Project (JDP) agreement to develop and assess the feasibility of an assisted container vessel concept using enhanced onboard decision-support…...

1+ week, 3+ day ago   (201+ words) Image hereabove is being used for illustration purposes only/ Credit: Shutterstock On 2 September, the European Commission launched the EU Industrial Maritime Value Chains Alliance, following a commitment under the recently adopted European Industrial Maritime Strategy. The initiative aims to strengthen…...

1+ week, 6+ day ago   (725+ words) Credit: Shutterstock Image hereabove is being used for illustration purposes only The global shipbuilding and marine equipment sectors are heading into SMM 2026 (1-4 September) in Hamburg on a strong footing, with newbuilding demand, shipping markets and shipyard activity all showing significant…...

1+ week, 6+ day ago   (160+ words) MSC Mediterranean Shipping Company has begun partially resuming Red Sea operations, including transits through the Suez Canal on selected East-West services, making it the fourth major container carrier to announce a return to the route. The carrier said it had…...

2+ week, 5+ hour ago   (213+ words) The Baltic Exchange has issued its report for the week 24-28 August to provide information of the bulk market performance. The period market was active, albeit slightly tempered by the need for first employment, with a modern 82,000-dwt fixed for 2 years…...

2+ week, 6+ day ago   (515+ words) Above image is used for illustration purposes only / Credit: Shutterstock Tanker sales have jumped 53%, confirming stronger liquidity across global markets, according to the latest weekly market report from Xclusiv Shipbrokers. From a sector perspective, VLCC/ULCCs dominated activity with 83 transactions,…...

2+ week, 6+ day ago   (270+ words) More than 90 seafarers are being held captive aboard six vessels as piracy resurges in the Gulf of Aden, prompting the International Maritime Organization (IMO) to call for urgent action by governments and naval forces. Six armed men subsequently boarded the…...

3+ week, 6+ day ago   (680+ words) Credit: Shutterstock - /Image used for illustrational purposes The Baltic Exchange has issued its report for the week 10–14 August to provide information of the bulk market performance. The market came under sustained pressure this week, with the BCI 5TC falling from $46,300 to…...