Dirty tanker spot freight rates surged in September across all vessel classes, as trade dislocations, export inefficiencies and longer voyages kept tanker availability constrained, OPEC said in its latest monthly report. VLCC rates were close to doubli…
Tanker Market Moved Higher in September Read More »
Schedule reliability has fallen to near record lows in recent months, while port congestion has built up. In this opinion piece, Drewry experts draw the main lessons from the operational problems of the 2026 peak season to inform concerned shippers, fo…
The English Court of Appeal’s recent decision in Batavia Eximp & Contracting (S) Pte Ltd v Pedregal Maritime SA [2026] EWCA Civ 1158 provides an important reminder of the distinction between obtaining security for a maritime claim and preserv…
Security doesn’t stop time bars Read More »
Rozema Boat Works, Inc., of Mount Vernon, Washington, won a contract for the construction of a 56-ft. pilot transfer vessel for the Tampa Bay Pilots Association, based in Tampa Bay, Florida. Designed by Camarc Design, the all-aluminum vessel…
Tampa Bay Pilots Orders New 56-ft. Vessel Read More »
Fincantieri is accelerating the transformation of its shipyards through the integration of advanced robotics, Physical AI, and next-generation automation systems, with the aim of making production processes increasingly efficient, safe, and…
Fincantieri Integrates AI, Robotics to Advance Shipyards Read More »