14+ hour, 47+ min 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…...

2+ day, 10+ hour ago   (276+ words) Gard P&I Club has highlighted the risks and commercial considerations for vessels considering southern routes as an alternative to Panama Canal transit restrictions. Recurring drought and lower-than-expected rainfall have prompted the Panama Canal Authority to impose draft limits, reduce…...

2+ day, 13+ hour ago   (554+ words) Britannia P&I Club has published its Crew Claims Report 2023/24 & 2024/25, analysing claims data to identify emerging patterns and inform strategies to reduce future risk. The review covered approximately 3,000 crew-related claims recorded over the two-year period. Non-fatal illnesses accounted for 60% of…...

3+ day, 13+ hour 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…...

3+ day, 14+ hour 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…...

4+ day, 14+ 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…...

1+ week, 3+ 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,…...

1+ week, 3+ 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…...

1+ week, 4+ day ago   (227+ words) The Baltic Exchange has issued its report for the week 17-21 August to provide information of the bulk market performance. Period activity improved, with an 81,000-dwt vessel fixing for 8 to 10 months at $19,000, an 82,000-dwt vessel fixing for 5 to 7 months at $17,900, and…...

2+ week, 1+ day ago   (183+ words) Credit: MPC Container Ships MPC Container Ships has taken delivery of DP World Southampton, a new dual-fuel containership that will enter service under a seven-year time charter with DP World for deployment in Northern Europe. The vessel, Christened in mid-August,…...