U.S.-flag shipping on the Great Lakes lost a total of 1,953 hours or 82 ship days due to inadequate icebreaking, about a third of the shipping season on the Great Lakes.It took 96 hours after the Soo locks opened for the year for the first vessel loaded with iron ore to finally clear the St…
Vesselindex has released its annual Performance Report, providing an independent assessment of how listed dry bulk companies perform relative to peers and the broader market in terms of Time Charter Equivalent (TCE) earnings.The report covers…
A long-running dispute over container detention charges between Evergreen and a U.S. trucking company has been resolved, with a federal appeals court siding squarely with the regulator and reinforcing limits on when carriers can impose such fees…
The Maritime and Port Authority of Singapore (MPA) has selected six partners under its Call for Proposals (CFP) to advance and scale up in-water hull inspection and cleaning solutions in the Port of Singapore, in support of more efficient and lower-emission shipping…
Iran could consider allowing ships to sail freely through the Omani side of the Strait of Hormuz without risk of attack as part of proposals it has offered in negotiations with the United States, providing a deal is clinched to prevent renewed conflict…
Canon U.S.A., Inc., a leader in digital imaging solutions, announced the release of the MS-510, a multi-purpose camera engineered to meet the demands of ultra-low-light full-color video shooting. Building on the MS-500, the new MS-510 is designed…
The discount for Russian Urals oil on a FOB basis for cargoes loading from the Baltic port of Primorsk in April narrowed to $15-$17 per barrel versus dated Brent from about $24-$27 per barrel in the second half of March, as falling freight rates reduced costs for Russian sellers…
India's shipping ministry has granted special permission to four vessels carrying Iranian oil - as requested by Reliance Industries - to berth at the western Indian port of Sikka, three industry sources said.India's oil ministry, shipping ministry…
'By the end of the first quarter of 2026, the global shipping order book hit a 17-year high, reaching 191m Compensated Gross Tonnes (CGT). This is equivalent to 17% of the global fleet, the highest ratio since 2011. The order book has been boosted…
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