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Carbon emissions in ocean container shipping hits record high
The ongoing impact of conflict in the Red Sea, spiraling freight rates and congestion across global ocean container supply chains...
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Winds of change: Giant cargo sailboats and propulsion technology are transforming the high seas
Serge Picard knew next to nothing about sailboats, beyond having mucked around in one at a summer camp in Quebec...
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Shipping is Entering the Fifth Industrial Revolution, Says ABS Chairman and CEO
“Maritime 5.0 will be defined by the ever-expanding capabilities of artificial intelligence, driving our complex industry to be safer, more...
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Diana Shipping Inc. Announces Signing of a US$80.2 million Amended and Restated Loan Facility Agreement with Danish Ship Finance A/S to Refinance its Existing Term Loan Facility with the Bank
ATHENS, GREECE, October 21, 2024 – Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the...
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TEN Ltd. Receives Tanker Operator of the Year Award at the 2024 Tanker Shipping & Trade Awards
TEN Ltd.(“TEN”) (NYSE:TEN)(the “Company”), a leading diversified crude, product and LNG tanker operator, today announced that TEN’s unwavering commitment to...
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MHI-MME Licenses Manufacturing and Sale of MET Turbochargers to Leading Chinese Marine Machinery Manufacturer
Mitsubishi Heavy Industries Marine Machinery and Equipment Co., Ltd (MHI-MME), a part of Mitsubishi Heavy Industries (MHI) Group, has concluded...
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TwinShip project aims to improve access to reliable data for aiding in shipping decarbonisation
A consortium, including technology group Wärtsilä, will develop a new system for the maritime industry which is aimed at improving...
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Bureau Veritas calls for greater regulatory clarity on Wind Propulsion Technology following the release of new technology report
Bureau Veritas Marine & Offshore (BV), a global leader in testing, inspection, and certification (TIC), today announced the publication of their latest...
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PSA unboXed Collaborates with Amperesand on Solid-state Transformer Technology Trials for Sustainable Electrification at Singapore’s Port
PSA unboXed, the external innovation and corporate venture capital arm of PSA International (PSA), and Amperesand, a grid infrastructure solutions...
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GEODIS Secures Supply Chain Innovator and Seafreight Partner of the Year at the Supply Chain Asia Awards 2024
GEODIS has been recognised at the 2024 Supply Chain Asia Awards for their outstanding achievements, earning the titles Supply Chain...
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XPO Named One of America’s Most Reliable Companies for 2025 by Newsweek
XPO (NYSE: XPO), a leading provider of freight transportation in North America, has been named one of "America's Most Reliable Companies”...
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LR signs MoU with Robban Assafina to expand training in MEA region
Lloyd’s Register (LR) and Middle-Eastern maritime media and training provider Robban Assafina have inked a Memorandum of Understanding (MOU) to...
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OOCL Signs Charter Agreements with Seaspan for Six New 13,000 TEU Container Vessels
Orient Overseas Container Lines (“OOCL”) entered into charter agreements on 22 October 2024 with Seaspan, to charter six brand new...
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Ahti Pool’s vessels under management reaches ~200 with Van Weelde Shipping Group’s LOI
The Van Weelde Shipping Group, owners of the dry cargo fleet managed by Orient Shipping Rotterdam (OSR), has signed a...
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“K” LINE to trial Inmarsat Maritime’s new bonded network service NexusWave on “K” LINE’s fleet
Kawasaki Kisen Kaisha, Ltd. (“K” LINE) and Inmarsat Maritime, a Viasat company, are pleased to announce that “K” LINE will...
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TwinShip project aims to improve access to reliable data for aiding in shipping decarbonization
A consortium, including technology group Wärtsilä, will develop a new system for the maritime industry which is aimed at improving...
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Carbon Ridge Closes $9.5M Investment to Accelerate Decarbonization of the Maritime Shipping Industry
Carbon Ridge, Inc., a leading developer of modular onboard carbon capture & storage solutions for decarbonizing the maritime shipping industry,...
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Panama establishes legal framework to revoke registration and licenses of vessels on international sanctions lists
The Panama Maritime Authority (PMA) has introduced a legal mechanism enabling the immediate revocation of registration and navigation licenses for...
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Hapag-Lloyd raises its earnings outlook for the current financial year and publishes preliminary earnings figures for the first nine months of 2024
Based on preliminary and unaudited figures, Hapag-Lloyd AG achieved a Group EBITDA of approximately USD 3.6 billion (EUR 3.3 billion)...
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Asia Fuel Oil-Benchmarks strengthen despite inventory builds
Fuel oil benchmarks climbed in Asia on Thursday, with spot cargo bids trending higher for November and backwardation firming despite...
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