The Drewry World Container Index (WCI) composite index dropped 10% to $2,795 per 40ft container, marking its lowest level since May 2024. This figure...
A pioneering initiative led by the International Maritime Organization (IMO) and the Kingdom of Saudi Arabia (KSA) seeks to address the global seafarer shortage...
DP World’s ports and terminals achieved a record-breaking throughput of 88.3 million twenty-foot equivalent units (TEUs) in 2024, marking an 8.3% year-on-year increase despite...
The 2024 Danica Crewing Specialists’ Seafarer Survey confirms that seafarer salaries are still on the rise—albeit at a slower pace than in 2023—particularly for...
Hapag-Lloyd has announced that it will leverage green financing to fund the construction of 24 state-of-the-art container ships, ordered in October 2024. These vessels...
Erik Thun Group has officially launched Nossan, the third vessel in its groundbreaking Lake Vänern MAX series, further strengthening its commitment to sustainable and...
Austal Limited (ASX: ASB) is pleased to announce that Austal Australasia has been awarded a contract valued between A$265 million and A$275 million by...
A.P. Moller–Maersk (Maersk), a global leader in integrated logistics, and Castlery, the Singapore-founded international furniture brand, have signed a 10-year ocean and integrated logistics...
