Xeneta container rates alert: global long-term container rates down by a quarter since August 2022
The latest market data from Oslo’s Xeneta reveals that global long-term ocean freight rates have fallen by 24% since their peak in August 2022.
Nor-Shipping launches Ocean Campus in partnership with World Maritime University
Nor-Shipping is launching a fresh initiative to strengthen and support the pipeline of new talent entering the world of maritime and ocean business.
Venture studio Flagship Founders closes €3.5 million funding round
• Flagship Founders has successfully developed a new approach to building digital ventures in the maritime industry. • The Berlin-based venture studio attracted F. Laeisz…
Iraq joins TIR to boost trade and economic development
The Republic of Iraq, at the crossroads of several trade routes in the Middle East, has become the 78th country to accede to the United…
Orca AI’s automated situational awareness platform reduced close encounter events by more than 25%
Reduction in sharp manoeuvres and speed drops also delivered a total 66,300 tonne reduction in CO2 emissions across 110 vessels
PD Ports scoops top health and safety award for third consecutive year
PD Ports, one of the UK’s major port groups, has gained Gold Status from the Royal Society for the Prevention of Accidents (RoSPA) for its…
GSBN signs MoU with SABIC, COSCO SHIPPING, Hutchison Ports and PSA to enable paperless trade
Five-way MoU signed at the ICC Future Trade Forum in Singapore set to further drive digitization through the adoption of electronic Bill of Lading
KPI OceanConnect’s innovative “get fueled” trainee program creates global pathway to maritime careers for young talent
• KPI OceanConnect's innovative two-year trader trainee program is designed to cultivate and empower school and college graduates for a career in marine fuel trading.…
WARP names Nguyen as Chief Technology Officer
WARP, a tech-enabled network of cross-docks and carriers specializing in middle-mile solutions, today announced Diep Nguyen as their Chief Technology Officer. Nguyen joins the WARP…
Malaysia’s Anwar urges China to reenergize Belt and Road plan
Malaysian Prime Minister Anwar Ibrahim made a pitch for China to reinvigorate its Belt and Road Initiative, as he urged for collaboration among countries.
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