The Panama Canal aims to regain vessel traffic carrying U.S. liquefied natural gas to Asia as demand in that market rises and a new reservation system allows shippers to lock in slots, following a 65% decline in the transit of its second-most important segment, the...

Read More

The Baltic Exchange’s main sea freight index tracking rates for ships carrying dry bulk commodities fell on Wednesday, weighed down by losses in the capesize segment. The index, which factors in rates for capesize, panamax and supramax shipping vessels, lost 7 points...

Read More

Rolls-Royce is developing new and advanced concepts to show navies how they can meet the growing challenges of undersea national defense. These include a significantly more powerful mtu submarine charging unit and mtu NautIQ automation systems for underwater ship...

Read More

Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI), has received a turnkey contract from Star Energy Geothermal Darajat II, Limited (SEG), a geothermal power producer in Indonesia, for the retrofit of Unit 3 at its Darajat Geothermal...

Read More