The fire aboard the Marshall Islands registered tanker Marlin Luanda is reported to be out and the vessel is proceeding to an unspecified safe harbor. Trafigura, which chartered the vessel, provided the update confirming that the crew of 23, including...
The European Commission announced the launch of a new public-private partnership, the European Ports Alliance as the latest step to increase the fight against drug trafficking through Europe’s ports. It comes as Europe has seen a dramatic increase in drug smuggling...
With no end in sight for the Red Sea crisis, detours around Africa’s Cape of Good Hope are soaking up even more vessel capacity and pushing up spot rates across multiple shipping segments. Freight fallout began with container ships. It is now significantly impacting...
Gas and Heat, the Italian company leader in the design and construction of cargo handling systems, and RINA, the Inspection, Certification and Engineering consultancy multinational, have signed an agreement for the development of a cargo and fuel gas system for...
Trade in Transition, a research project by the Economist Impact and DP World, surveyed 3,500 executives around the world for their views on topics related to global trade. Over 34% of respondents listed new technologies as a source of optimism over the next two...
China’s automobile export market reached 4.91 million units in 2023, increasing some 57.9 year-on-year. With sharp rise in exports China is expected to become the world’s largest automobile exporter. During in 2023, automobile production and sales volume of...
