bound4blue has completed the installation of its breakthrough eSAIL® suction sails on tanker vessel Pacific Sentinel with a streamlined single-stop process for Eastern Pacific Shipping (EPS) at Besiktas Shipyard in Turkey during a planned drydocking. Three 22-metre,...

Read More

The Bangladesh Shipping Corporation (BSC) has received primary approval from the Planning Commission (PC) for its $330.32 million project to acquire six container vessels from South Korea. Each ship will have a capacity of 2,500 to 3,000 twenty-foot equivalent units...

Read More

A total of 47 ships have changed their routes to transit through the Suez Canal instead of the Cape of Good Hope since the beginning of February, as shipping lines respond to growing signs of stability in the Red Sea. According to Osama Rabie, Chairman of the Suez...

Read More

New nuclear reactor technology represents a once in a generation opportunity for U.S. industrial policy. Vessels propelled by advanced small modular reactors (SMR) could act as a catalyst for the revitalization of U.S. shipbuilding. That is the view of ABS Chairman...

Read More

Ship managers have expressed concerns in connection with the International Maritime Organization’s future net-zero framework and have suggested concrete changes which they believe would make the proposals more effective. Acting on behalf of the global shipmanagement...

Read More

Spot premium for high sulphur fuel oil (HSFO) posted further gains on Monday, while very low sulphur fuel oil (VLSFO) premium continued to soften from the previous week. The 380-cst HSFO complex has received a boost in recent sessions, led by bullish buying in the...

Read More