Singapore-based Ofer family company, Eastern Pacific Shipping, is to install three 22-metre eSails from bound4blue, on board the 2019-built chemical tanker, Pacific Sentinel, later this year.

Digital maritime technology company Sedna is launching a chartering solution designed to unlock market data from email inboxes.

Throughput at the Port of Rotterdam fell by 6.1% in 2023 as geopolitical unrest, low economic growth and high inflation weighed on Europe.

Shipping associations have welcomed the European Union’s operation Aspides, a defensive maritime security operation to protect shipping in the Red Sea.

Netherlands-based stainless steel chemicals tanker owner, Chemship, has commissioned the upgraded 2015-built Chemical Challenger, the first ship in its fleet to have a wind sail retrofit.

Beauty, they say, is in the eye of the beholder, but few observers would describe the widening chasm that has opened between western and some Middle Eastern interests in the Red Sea as objectively attractive.

Geopolitics, regional conflicts, and the prospect of more global unrest continues to limit the supply of ships for recycling.

Seafarers covered by International Bargaining Forum (IBF) agreements can refuse to sail through the Southern Red Sea and Gulf of Aden, but it takes a high level of pre-planning according to ITF head Stephen Cotton.

Diversions from transiting the Red Sea to avoid Houthi attacks have significantly strengthened ton mile demand to the benefit of investors listed product tanker owners.