Yearly Archives: 2024

Alabama Port Authority Awards Major Contract to U.S.-Based Richmond Engineering

The Alabama Port Authority announced a major contract to a U.S. company with significant work to be completed in Alabama. This contract, which will...

LPG Trade To Drive VLCC Demand In 2025

The VLCC market in 2025 is expected to be influenced by both positive and negative factors. While robust LPG trade will support demand, an...

Tanker Market Sees Mixed Fortunes

The Aframax market faced challenges this year, particularly due to increased short-haul sanctioned trade and stagnant mainstream trade. As the market shifts towards cleaner...

AI-Powered Solutions Streamline Ship Management

In the maritime industry, accessing accurate information quickly is crucial for efficient operations. However, traditional methods of managing technical documents can be time-consuming and...

Kongsberg Maritime Secures $25 Million Contract for Mk2 FLNG Project

Golar LNG’s Fuji LNG to Be Transformed into a State-of-the-Art FLNG Vessel. FLNG Technology Revolutionizes Offshore LNG Production. Kongsberg to Provide Advanced Systems...

Beloved Canadian Tugboat Theodore Too Partially Sinks at Port Weller

Theodore Tugboat Team Assembles Experts for Restoration Effort. Nova Scotia Premier Offers Words of Encouragement for Theodore Too. Environmental Impact Mitigated Amid Theodore...

Maersk to Suspend Alaska Market Coverage in 2025

Dutch Harbor and Kodiak were Removed from Maersk’s Transpacific Network. Cape Sorel Marks's Final Voyage for Alaska Service in February 2025. Maersk Focuses...

LNG Shipping Market Expected to Normalise Further in 2025

Oversupply Pressures Persist as Fleet Growth Outpaces Demand. Scrapping Steam Turbine Carriers Key to Stabilising LNG Rates. China and Asia Drive LNG Demand...

Enova’s $84 Million Funding Boost For Zero-Emission Maritime Innovation

Enova, Norway's governmental energy transition body, has announced an impressive $84 million support package to accelerate the development of zero-emission maritime vessels. This initiative...

EMSA’s TRAINALTER Study Competence Development For Seafarers

The European Maritime Safety Agency (EMSA) has released the TRAINALTER study, a comprehensive effort to identify and address the training needs of seafarers as...
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