Consumers around the world will pay the price for the unfolding crisis in the Red Sea after missile attacks on merchant ships have plunged supply chains into chaos. Latest data from analysts Xeneta shows spot rates in the ocean freight shipping market spiked by 20% since Friday after major shipping liner companies announced they are […]
The International Chamber of Shipping (ICS) welcomes the announcement from the US Defence Secretary Lloyd Austin of the initiation of Operation Prosperity Guardian, to address the security challenges in the Red Sea and the Gulf of Aden and expresses gratitude for action being taken to safeguard the lives of our seafarers and ships. Following the […]
Svitzer, a leading global towage provider and part of A.P Moller-Maersk, has announced the successful delivery of ‘Svitzer Estelle’, the second tug built as part of the company’s ongoing partnership with Uzmar Shipyards, a world-class tug builder, based in Turkey. Svitzer Estelle represents another step in Svitzer’s ongoing European fleet modernisation and expansion programme. The […]
PSA BDP, a leading global logistics and supply chain solutions provider, has announced the opening of its first office in Lisbon, Portugal, marking a significant step in the company’s commitment to increase its presence in the European market. PSA BDP Portugal, Lda. operations will be led by Country Manager, Mr Miguel Mesquita. The decision to […]
Baseblue, the marine energy solutions provider, has successfully delivered renewable biodiesel to the Clipper Stad Amsterdam, a three-masted clipper recognised for its design, marking a significant step towards decarbonisation and contributing to a more sustainable maritime industry. The delivery made by Baseblue is an HVO30 blend of fuel consisting of 10PPM gasoil mixed with HVO100. […]
bound4blue and Louis Dreyfus Company (LDC) have announced a commercial agreement for the manufacture and installation of four eSAILs® on LDC’s chartered juice vessel, MV Atlantic Orchard, in collaboration with Wisby Tankers AB, Sweden (Wisby Tankers). Chartered by LDC and owned by Wisby Tankers, MV Atlantic Orchard will be retrofitted with four 26-meter-high eSAILs®. The […]
