News Flash

GC Rieber Shipping: Third quarter results 2023

Operating income from continuing operations was NOK 0.2 million in the third quarter of 2023, compared to NOK 1.1 million...
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Brookes Bell picks up Technology and Innovation Award for its Corrosion Mapping Service

Brookes Bell, the world’s leading multi-disciplinary technical and scientific consultancy for the marine and energy sectors, has received the Technology...
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Baltic index advances higher as capesize rates gain strength

The Baltic Exchange’s main sea freight index .BADI, tracking rates for ships carrying dry bulk commodities, rose to its highest...
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New Recommended Practice Aims To Improve Safety In Shallow Waters And Expands Offshore Wind Industry Knowledge

The rise of offshore wind means specialist vessels are increasing their activity in shallow waters. With this in mind, the...
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WiseTech Global acquires Sistemas Casa to expand global customs capability into Mexico

WiseTech Global (ASX:WTC), developer of leading logistics execution software CargoWise, today announces it has acquired Sistemas Casa, a provider of...
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LNG bunker vessel, Alice Cosulich sets sail for Europe from Qidong, China

LNG bunker vessel, Alice Cosulich has set sail for Europe from Qidong, China. The Fratelli Cosulich-owned, 8,200Cbm capacity vessel is...
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First Marine Vehicle Classed Using ABS Autonomous Guide

The Saildrone Voyager, a 10-meter commercial uncrewed surface vehicle (USV), is the first autonomous asset built to ABS Class using...
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Asia Fuel Oil-Spot market slips; market structure weakens slightly

Asia’s spot fuel oil market eased on Tuesday as cash differentials slipped across key grades, after the market structure softened...
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Asian seaborne thermal coal demand picking up, but prices stay soft

Demand for seaborne thermal coal in Asia is starting to pick up ahead of peak winter consumption, but prices are...
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Seabird Technologies Partners with Seabed 2030 to Promote Ocean Sustainability

The Nippon Foundation-GEBCO Seabed 2030 Project and Seabird Technologies have announced a new partnership that will see the two parties...
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Maritime Charities Group Commissions New Research On Seafarer Demographics

The Maritime Charities Group is commissioning new research on the size and demographic profile of the UK seafarer population. Information...
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Remembering The Legacy of Capt. Antonio Cosulich, Former Chairman of Fratelli Cosulich Group

It is with profound sorrow that we announce the passing of Capt. Antonio Cosulich, the former Chairman of the Fratelli...
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China’s domination of the MPV orderbook presents a supply-side risk.

The multipurpose vessel (MPV) orderbook to date is dominated by China, both in number of vessels and total dwt. At...
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Kongsberg Digital Selected by Svitzer Australia to Deliver World-Class Simulation Capability

Global leader in sustainable marine services, Svitzer, has selected Kongsberg Digital to deliver state-of-the-art simulators in support of crew training...
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Wärtsilä plans to simplify its organisation and reporting structure, Marine Systems to be discontinued as a reporting segment.

Wärtsilä plans to further streamline its marine business portfolio by divesting its Gas Solutions business unit. Gas Solutions is a...
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Asia Fuel Oil-VLSFO premium pares gains even as backwardation holds.

The cash premium for very low sulphur fuel oil (VLSFO) in Asia eased on Monday after hitting a year-to-date high...
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Shipping Corp Consolidated September 2023 Net Sales at Rs 1,093.20 crore, down 23.04% Y-o-Y

Net Sales at Rs 1,093.20 crore in September 2023 down 23.04% from Rs. 1,420.40 crore in September 2022. Quarterly Net...
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Baltic index rises on strong capesize rates.

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose for a second straight...
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LNGC orders to rise; revenue to grow

Combined new orders for the three major domestic shipbuilders in 2023 are expected to exceed guidance. Orderbooks should expand in...
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Long Beach-Federal Collaboration Improves Navigation

Imagine driving your car down a narrow road that you cannot see and your tires cannot touch. The road is...
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