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Baltic index edges up on higher capezise rates

The Baltic Exchange's dry bulk sea freight index tracking rates for ships carrying dry bulk commodities edged up on Thursday...
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Adani Ports’ Records 5% Increase in Cargo Volumes In August 2024

Adani Ports and Special Economic Zone (APSEZ) clocked 36.1 million metric tons (MMT) of cargo volume in August 2024, registering...
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Classnk Has Updated Its Report “Classnk Alternative Fuels Insight”

ClassNK has updated its report “ClassNK Alternative Fuels Insight,” initially released in May 2024, to Version 2.0. This update includes...
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MOL Announces Naming Ceremony For LNG-Powered Ferry Sunflower Pirka

Mitsui O.S.K. Lines, Ltd. today announced that on September 4, the naming and launching ceremony was held for the LNG-fueled...
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Longship Orders Up To Eight Eco-Friendly Vessels In Netherlands

The project will be a collaboration between GS Projects, Ship and Steelbuilding (SaS) at the Dutch shipyard in Waterhuizen, and...
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DNV Clears Ocean Infinity’s Remotely Supported Vessel Operations

Ocean Infinity has received a Statement of Compliance (SOC) from DNV for its remotely supported vessel operations, marking the industry's...
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First Offshore Wind Turbine Stands Tall at US Revolution Wind Project

The first 11 MW Siemens Gamesa offshore wind turbine, out of a total of 65 planned, has been installed at...
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South Korea’s Hanwha Ocean Awarded First US Navy Repair Contract

Hanwha Ocean announced on Wednesday that it had secured a contract that made it the first Korean shipbuilder to provide...
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Asia Fuel Oil-Cargo Premiums Retain Strength On Firmer Bids

Asia's market for Very Low Sulphur Fuel Oil (VLSFO) retained its strength on Wednesday, with cargo premiums climbing amid firmer...
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ABB And Seafjord Energy Introduce Ground-Breaking Concept For E-Bunker Vessels

SeaFjord Energy's innovative concept for e-bunker ships offers a new way to supply ships with energy both at sea and...
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Baltic Index Retreats On Lower Rates Across Vessels

The Baltic Exchange's dry bulk sea freight index. BADI tracking rates for ships carrying dry bulk commodities retreated on Wednesday...
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Oceanscore Closes E5m Funding Round To Speed Up Global Expansion And Product Innovation

Hamburg, September 3, 2024: OceanScore, the global provider of data and compliance management solutions for the maritime industry, has successfully...
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Feedstock Availability And Aviation Demand Challenge Biofuel Adoption In Shipping

Drop-in replacements for fossil fuels may be a cost-effective way of meeting environmental regulations and could extend the life of...
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Kongsberg Digital Brings Its Voyage Reporting Capabilities To Offshore Maritime Operators

As offshore vessels operating in the EU will be subject to new reporting requirements from 2025, Kongsberg Digital’s K-Fleet Voyage...
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Russia’s Thermal Coal, Export Duty Removal Extension, Unlikely To Spur Demand

The Russian government recently has extended its suspension of export duty for thermal coal and anthracite until December, a move...
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Shipping Technology Finds Strategic Investment Partner In First Dutch To Accelerate Commercial And Technological Growth

Shipping Technology, a Rotterdam-based upcoming player in the international maritime industry specializing in developing supportive tools for the shipping industry,...
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Asia Fuel Oil VLSFO Premium Extends Climb, Backwardation Widens

Spot premium for Very Low Sulphur Fuel Oil (VLSFO) extended its uptrend on Tuesday as bids remained strong, while backwardation...
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Chinese State Shipbuilders Plan Merger

HONG KONG -- Two listed Chinese state-owned shipbuilders announced Monday that they are preparing for a merger. The move could...
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Container Ships Dominating-Newbuilding-Orders

Container ships have been the "darlings" of the new building market. In its latest weekly report, shipbroker Banchero Costa said...
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Good Collaboration Leads to Shipping Decarbonizations

In May 2024, Deltamarin finished a three-year EU-funded project called CHEK. Project CHEK involved 15 consortium partners and focused on...
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