The OCIMF has begun Phase 3 of its digitalised Ship Inspection Report Programme (SIRE 2.0), enabling all programme users to carry out ‘beta-testing’ of the new inspection regime before the analog version is withdrawn.

UK-based BAR Technologies, developer of wing sail design WindWings, has struck a deal with China Merchant’s CM Energy Tech (CMET), to manufacture, sell and supply sails for installation on new and existing ships in China and across Asia.

Container rate levels are seeing the expected levelling out prior to Chinese New Year as the initial shock of the Red Sea crisis wanes and new vessels are deployed to meet the challenge of maintaining weekly services.

P&I Insurer NorthStandard is expanding in Asia with a new office in South Korea.

The VLCC tanker sector has benefited from a very low newbuilding orderbook, however, brokers Poten expect ordering to return in the second half of 2024.

Greek Prime Minister Kyriakos Mitsotakis has expressed his concerns about violence in the Red Sea and the impact on global trade.

Importers and exporters based in Piraeus Greece’s largest port have called on the Greek government to help ease the price hikes caused by the new longer routes being adopted by vessels as violence in the Red Sea continues.

Empire Navigation operator of the St Nikolas says a Greek seafarer from the 19-person St Nikolas crew has been released by the Iranian authorities.

Even after last week’s US led air strikes, aimed at limiting the Houthi’s ability to threaten commercial shipping through the Bab al-Mandeb Straits, missiles are finding their targets, disrupting trade and risking the re-ignition of the...

Bahri Chemicals has signed a five-year agreement to time charter in two methanol-powered tankers from the Proman Stena Bulk partnership.