Digitalization Transforms Maritime Due Diligence and Compliance
Digitalization is transforming maritime due diligence from a backward-looking exercise to a proactive, real-time risk management process
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Digitalization is transforming maritime due diligence from a backward-looking exercise to a proactive, real-time risk management process
Floating storage of Iranian crude and condensate in East Asia declined in June as US sanctions relief cleared cargoes
Mohammed Hadi Al Rasheed & Partners has agreed to acquire a 50% stake in Taif Shipping Company for $24.6 million
The Ningbo Containerized Freight Index (NCFI) reached 2401.9 points for the week ending July 10
Genco Shipping & Trading Limited commented on Diana Shipping Inc.'s extended tender offer, reiterating its view that the offer is…
Egypt's Petroleum Minister visited Jordan to assess progress on a strategic gas infrastructure development project.
A German ship management company is deploying CMT's fuel and lube testing kits across 300 vessels to standardize maintenance
US natural gas prices dropped over 2% to a two-month low, driven by higher production and reduced LNG exports
China's GDP deflator is projected to turn positive in Q2, indicating improving price dynamics and economic stability
Global iron ore shipments declined 14% week-on-week, while China's steel exports increased by 8% month-on-month.
German companies are increasingly looking to invest abroad or relocate operations due to high costs and slow growth.
South Korea's steel exports are rebounding strongly, fueled by the global construction boom in AI data centers.
Chinese Premier Li Qiang advocates for stronger counter-cyclical economic policies to tackle slowing growth.
Spain's pioneering offshore solar platform, Paiporta, has arrived at the Port of Valencia to commence its testing phase
Gujarat Pipavav Port saw a 2.4% increase in Q1 FY27 container volumes, while dry bulk and liquid cargo declined

China has again refuted US claims of maritime coercion against Panama, emphasizing ongoing geopolitical tensions.

Bordelon Marine has completed the conversion of the MV Lilly Bordelon into a DP-2 Ultra-Light Intervention Vessel.
Hutchison Ports' BEST terminal in Barcelona received its tallest ship-to-shore cranes from ZPMC, boosting handling capacity

Syrian authorities have outlined plans for Russia's continued and expanded presence at the port of Tartus.

Trans-Pacific ocean freight rates have recently stabilized, potentially offering relief to shippers after significant increases.

The US has reinstated a naval blockade on Iranian shipping in the Gulf, ensuring open transit through the Strait of Hormuz.

Marcura has acquired Fairway Maritime, a US-based specialist in demurrage claims, to bolster its maritime service portfolio.

Trump's Jones Act waiver has ignited a policy debate, with oil/gas groups citing cost reductions and maritime advocates warning of threats.

Project44's CEO discussed integrating AI agents to enhance data quality and automate carrier interactions for supply chain improvements

DHL Global Forwarding has chartered Boeing 777 freighters to increase Trans-Pacific air cargo capacity from Asia to the U.S. Midwest.

A tanker fired warning shots after being approached by six small boats south of Yemen's Aden, indicating persistent maritime security risks
The ICS Greek Branch and Alba Graduate Business School concluded their 6th "Shipping in Action" Summer School.
Qatar's Ministry of Transport has temporarily suspended all maritime navigation and marine activities due to security concerns
Vessels in Qatari waters must fly flags at half-mast during a national mourning period starting July 13, 2026
European shipowners are pushing for permanent and automatic EU ETS exemptions for islands and ice-classed ships.
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