Sector
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Panama Canal Sees Revenue Surge Amid Increased Traffic
PANAMA CITY, Oct 8 (Reuters) – The Panama Canal has reported a significant revenue increase of approximately 14.4% for its…
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BIMCO Calculates a Third of Ships Could Have to Pay Fees Under USTR Program
The U.S. Trade Representative’s new port fee program is set to launch on October 14, raising questions about its potential…
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US Port Fees: No Freight Rate Hikes Expected
Shippers are unlikely to face increased freight rates despite the upcoming US port fees targeting Chinese-related vessels, according to the…
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Halifax Ports Face Pollution Crisis Amid Cruise Boom
Halifax is grappling with significant pollution challenges as cruise ships flood the port, bringing thousands of visitors daily. Local residents…
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Mitsui O.S.K. Lines Launches Ammonia Bunkering in Australia
Japan’s Mitsui O.S.K. Lines (MOL) is set to spearhead a groundbreaking ammonia bunkering operation in Australia’s Pilbara region, aiming to…
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EGPN Bulk Carrier Exits Cape Segment with Major Sale
In a strategic move, Chinese company EGPN Bulk Carrier is exiting the cape segment by selling its last vessel, the…
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SAAM Acquires Full Control of Intertug in Major Deal
SAAM, a prominent player in towage services across the Americas, has announced a significant expansion of its operations by acquiring…
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PowerCell to Equip World’s First Hydrogen Bulk Carriers
PowerCell, a leader in fuel cell technology, has announced a significant contract to provide fuel cell systems for two groundbreaking…
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Ulsan Port Achieves Milestone with First Bulk Carrier Methanol Bunkering
In a significant advancement for sustainable shipping, Ulsan Port in South Korea has successfully completed its first methanol bunkering operation…
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Total lack of safety culture laid bare in Wakashio disaster
Mauritius has released a long-awaited report on the 2020 grounding of the Wakashio, revealing severe lapses in safety protocols and…
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