Yearly Archives: 2023
Eagle Bulk Shipping Releases Results For The Third Quarter
Bulk Shipping Inc. (NYSE) During the period that ended the third quarter in 2023, EGLE recorded revenue amounting to $82.6 million and loss after...
Israel-Hamas Conflict Sparks Unusual Port Actions By Oil Tankers
Logistics intelligence firms are observing tankers turning off transponders near Israel to covertly transport and unload cargo.
Key ports, such as Haifa and Ashdod,...
Dry Market Monitor : Increase In The Number Of Ballasters For Capesize Vessels
As November starts, there is uncertainty about how dry bulk freight rates will perform in the future. Optimism in earlier days has faded due...
The Valo Hyperfoil Is All Set To Revolutionize Marine Mobility!
The Valo Hyperfoil is a two-person electric foiling PWC (personal watercraft) that seamlessly combines an exhilarating experience with visionary design
The new technology...
ONE Strengthens Global Presence With Fresh Terminal Acquisitions
Ocean Network Express (“ONE”) is pleased to announce it has obtained all necessary regulatory approvals and completed its acquisition of a 51% stake in...
Wallenius Wilhelmsen Ship Carries Out HSFO Biofuel Trials In South Korea
Vehicle carrier M/V Torrens has become the first vessel operated by Norwegian shipping and logistics company Wallenius Wilhelmsen to bunker B30 high sulfur fuel...
Real-time Safety and Digital Twin Data for Petrobras FPSOs
Establishing itself as a leading provider of Fiber Bragg Grating (FBG) Technology-based fibre optic condition monitoring systems, Light Structures AS has landed two contracts...
Shipping’s ‘Blame Culture’ is a Barrier To Prevent Accidents & Deaths
When accidents happen onboard ships, it is almost always the seafarer who pays the price – firstly by suffering injury or death in the...
BOKA Vanguard: A Mass To Move 110,000 Tons
The maneuver was enormous, so an ally of the same caliber was needed: enormous. In May 2022, the Acciona company encountered a considerable challenge...
Solstad & Kongsberg Partner To Cut Fuel and Emissions
Solstad Offshore and Kongsberg Maritime have entered into a collaboration agreement to identify and trial decarbonisation technologies across Solstad’s fleet.
The companies will work together...