Paraguay’s exports of its soybean crop, delayed by low river levels and weak prices earlier in the year, are gaining momentum, shipment data shared with Reuters show, as farmers speed up sales on stronger global demand and rosier values. The…
Ukraine’s grain exports in the 2023/24 July-June marketing season had risen to 48.4 million metric tons by June 12 from 46.7 million tons as of the same date in 2023, agriculture ministry data showed on Wednesday. The total volume included…
The deal includes two methanol dual-fuel 14,000 teu boxships and two 7,000 teu boxships. Developed by Waigaoqiao Shipbuilding, the methanol-ready containerships will significantly reduce carbon emission and operational costs. Upon delivery, the vessels will be deployed on Transpacific or Far East – South America…
As the maritime industry continues to trial an assortment of biofuels and biofuel blends to power vessels and cut emmisions, Ocean Network Express (ONE) has extended its commitment to use 100% biofuel for its rail cargo movements in the UK.…
The situation at some major ports has become increasingly strained with carriers omitting port calls at some of the world’s busiest and most significant terminals in Hong Kong, Ningbo Singapore and Shanghai, said the online infrastructure provider. Prices for a 40ft high cube…
Tangier Med has been a major success over the last 14 years going from zero to handling 8.6 million teu last year. Sitting just across the Strait of Gibraltar Tangier Med is today equivalent to being the third largest port…
A Greek-owned bulker was hit by multiple attacks by the Houthi while sailing south in the Red Sea bound for India earlier today. The vessel is reporting that it is “not under command,” awaiting assistance from the collation forces in…
The newest global Container Port Performance Index (CPPI) reveals that East and Southeast Asian ports excelled in 2023, accounting for 13 of the top 20 places. Developed by the World Bank and S&P Global Market Intelligence, the fourth edition of…
A rally in Asia’s high-sulphur fuel oil (HSFO) market, boosted by lower Middle East exports and OPEC+ cuts, is expected to take a breather as Russian exports remain elevated and will ease tight supply, industry sources said. Tighter supply has…
The Emirates Shipping Association marks the success of its inaugural Maritime Leadership Program 2024 (MLP24), which took place from 27 to 31 May in Copenhagen, Denmark. The unique executive program, developed under the patronage of the UAE Ministry of Energy…