Yearly Archives: 2023
KCC’s Green Leap: Four Vessels To Embrace Silverstream Retrofit
KCC made a big step towards environmental protection when they announced about refitting of four more ships equipped with the Silverstream® system. This proves air...
Project Verdant: Greening Offshore Wind With Hydrogen Retrofit
A groundbreaking initiative, Project Verdant, supported by the UK's Innovate UK, is set to retrofit a Crew Transfer Vessel (CTV) with hydrogen fuel cells....
New Black Sea Shipping Corridor
151 ships used Ukraine's new Black Sea shipping corridor.
Ukraine introduces a "humanitarian corridor".
The economy relies on the export of grains in...
Global Bunker Indices Set To Resume Upward Trend
MABUX World Bunker Index, calculated based on prevailing prices for 380 HSFO, VLSFO, and MGO, sustained a robust decline on November 17th.
380 HSFO -...
Advancements In Maritime Technology: Shore Power Connections For Tankers
Product tankers connected to shore power in Gävle harbor.
The team successfully navigated despite all the explosive complexities.
Tern Fors and Tern Island...
Diana Shipping Inc. Reveals Strong Financials And $0.15 Stock Dividend
Diana Shipping Inc. announced its Q3 2023 results, revealing a net income of $7.4 million and $5.9 million attributed to common stockholders, a decline...
World’s First Hydrogen Powered Inland Shipping As A Pioneer In Zero-Emission Era
Lenten Scheepvaart of the Netherlands marks a historic milestone as the pioneering owner of the world's first newbuild hydrogen-powered inland shipping barge.
Birth of Antonie
The...
Limited Uptick in LNG and LPG Spot Rates Amid Uncertainties
In the realm of global shipping, recent reports hint at an active spot market, yet rates show little signs of a significant surge. Charterers...
Ningbo Shipping Exchange’s Containerized Freight Index
Step into the dynamic world of global trade with a weekly compass: the Ningbo Shipping Exchange's composite index. This index meticulously captures the fluctuating...
Chain Reaction: OpenAI Co-founder Backs Out Following CEO’s Departure
OpenAI president and co-founder, Greg Brockman said that he is quitting his job.
It was announced hours after the company announced the departure...