News Flash

HMM, Avikus and American Bureau of Shipping (ABS) Partner to Validate Fuel-Saving Autonomous Navigation Technology

HMM, South Korea’s largest shipping company, has teamed up with Avikus, a subsidiary of HD Hyundai specializing in autonomous navigation...
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Eastern Pacific Shipping partners with DeepSea Technologies for full fleet roll-out of AI performance solution

Eastern Pacific Shipping (EPS) has entered into an agreement with DeepSea Technologies to implement a comprehensive, fleet-wide deployment of DeepSea’s...
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ClassNK releases ‘Guidelines for Ships Using Alternative Fuels (Edition 3.0)’- adding safety requirements for hydrogen-fueled ships

ClassNK has released the ‘Guidelines for Ships Using Alternative Fuels (Edition 3.0)’. In addition to safety requirements for ships using...
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At INTERCARGO meetings in Tokyo, safety and decarbonisation were key issues for members

INTERCARGO, the International Association of Dry Cargo Shipowners, met in Tokyo last week for its Semi-Annual Meetings, and high on...
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Shipping’s new reality

After a period of relative stability spanning five decades, the industry finds itself grappling with a new reality. A maturing...
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World Fuel Services strengthens commitment to industry collaboration with key CIMAC appointment

World Fuel Services (World Fuel) announces that John Stirling, the company’s Director, Marine Technical, has accepted a key position at...
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Members of German Parliament Visit NYK Discussions included decarbonization strategy and ammonia fuel-related business

On May 29, eight members of the German parliament, all members of the Committee on Transport, including its deputy chairwoman,...
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New Director of Strategy and Energy Transition at IMCA

The International Marine Contractors Association (IMCA) has appointed a new Director of Strategy and Energy Transition, Lee Billingham. Billingham has...
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The Heavy Lift Group re-elects executives driving growth

The Heavy Lift Group has re-elected three key executive committee members and appointed a new member in its ‘stand by’...
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Iron ore falls to two-week low after China reiterates steel output control

Iron ore futures slipped to a two-week low on Thursday, undermined by fears of falling demand in top consumer China...
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Container throughput at China’s ports up 9% in January-April

China’s container throughput at its ports rose 9% year on year in the first four months of this year amid...
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Asia Fuel Oil-Cash premiums rangebound; inventories recover

Cash premiums for fuel oil were rangebound in Asia on Thursday, while latest data showed that inventories in Singapore rebounded...
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Autonomy will advance maritime decarbonization

The complex decarbonised systems of the future will require autonomous management systems for viable exploitation. These were among some of...
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Baltic index hits one-week high on strong capesize rates

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, inched upwards on Wednesday,...
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Baltic index gains on firm capesize rates

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, edged higher on Wednesday...
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Dalian iron ore extends decline despite more China property stimulus

Iron ore futures prices moved sideways on Wednesday, with the Dalian benchmark extending its decline to a third straight session,...
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Korea, UAE sign 19 agreements, including $1.5B LNG carrier deals

A total of 19 agreements and memorandums of understanding (MOUs), mainly in the energy sector, were signed between the governments...
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VIKAND and Riverr Forge Strategic Partnership to Revolutionize Maritime Health Management with Advanced AI Integration

VIKAND, the global leader in maritime healthcare, and Riverr, a pioneering AI deeptech start-up based in Singapore, join forces to...
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Nordic American Tankers Ltd: Dividend is a top priority

Ninety-day periods offer a short-term snapshot of a company, but it is also important to view the long-term picture. The...
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Introducing Alfa Laval PureBallast 3 Ultra – a new era in ballast water management

Alfa Laval PureBallast 3 Ultra is the latest Ballast Water Management System (BWMS) built on proven PureBallast 3 technology. The...
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