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Sea

World Shipping Council highlights barriers to shipping decarbonization

The World Shipping Council (WSC) has released new research underscoring the growing potential for renewable-capable vessels and renewable fuels to help the European Union...

Drewry World Container Index falls 4% to $2,264 per 40ft container

The Drewry World Container Index (WCI) dropped 4% to $2,264 per 40ft container, marking a 78% decline from the pandemic peak of $10,377 in...

House Committee on Transportation approves bill to reform the Philippine Coast Guard

The House Committee on Transportation, led by Antipolo City Rep. Romeo Acop, approved House Bill (HB) 11433 on Wednesday. The bill seeks to introduce...

MARINA issues mandatory insurance cover for all domestic seafarers

The Maritime Industry Authority (MARINA) has issued a new circular requiring all domestic shipwowners and operators to provide insurance coverage for all seafarers employed...

ICTSI’s Matadi terminal expands hybrid equipment

Matadi Gateway Terminal (MGT), International Container Terminal Services, Inc.’s (ICTSI) operation in the Democratic Republic of the Congo, continues to strengthen its operational capacity...

Drewry’s Intra-Asia container index declines 2% to $604 per 40ft container, remains 39% higher year-on-year

Drewry's Intra-Asia Container Index (IACI), which tracks the weighted average of regional spot container freight rates, fell by 2% over the two weeks ending...

Cebu’s burgeoning blue economy triggers concerns

The province of Cebu is home to over 80 percent of the Philippines’ inter-island shipping capacity, making it a central hub of the country’s...

Recruitment of seafarers becomes increasingly challenging – survey

Recruiting qualified seafarers is becoming more difficult for shipping companies, according to a recent survey conducted by Danica Crewing Specialists. Nearly half of the respondents...

CMA CGM Iron’s arrival at Khalifa port signals new era of maritime decarbonization

The CMA CGM Iron, a groundbreaking dual-fuel methanol container vessel, made history March 15, 2025 by calling at CMA Terminals Khalifa Port in Abu...

IMO calls the tragic attack in Odessa port ‘distressing’

The Secretary-General of the International Maritime Organization (IMO), Arsenio Dominguez, described as "distressing" the tragic attack in Odessa that claimed the lives of four...

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