Red Sea crisis: Markets have spiked 20% following Houthi missile attacks, says Xeneta

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 […]

ICS welcomes launch of US-led Operation Prosperity Guardian

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 takes delivery of ‘Svitzer Estelle’ from Uzmar

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 […]

Baseblue cooperates with Stad Amsterdam on renewable biodiesel bunkering operation

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. […]

Louis Dreyfus Company chooses bound4blue to install four eSAILs on juice vessel

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 […]