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DSME is Awarded the Contract for Four LNG Carriers

South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has secured an order for four liquefied natural gas (LNG) carriers, exceeding its 2021 order...

Dry Bulk Cargo Volatility Remains Strong

Capesize rates whipsaw on tight supply and weather disruptions while China restricts steel output. Vale reduces capacity guidance, now sees smaller increase next...

SFL Accepts the Tactical Sale of Dry Bulk Carriers

SFL Corporation Ltd. announces that it has agreed to sell its seven handysize dry bulk vessels to an Asian based buyer for an...

Evergreen Renews 22-year Contract With Kongsberg Digital

Kongsberg Digital (KDI) renews the Long Term System Support Program contract with the Evergreen Marine Corporation has been renewed for another 10 years. ...

Inland Vessel Market To Reach $2,500.40bn Globally By 2030, Reports Allied Market Research

Allied Market Research published a report, titled, "Inland Vessel Market by Vessel Type (Passenger Vessel and Non-Passenger Vessel), Fuel Type (LNG, Diesel Oil, Heavy Fuel...

Rising Container Costs & Supply Demands Thread Consumer Prices Hike

Moving freight across land regularly is seeing a tight market nowadays. The container shipping situation at ports and at sea threatens to send...

Much of the Tanker Fleet is Approaching Retirement Age

Around one in four tankers are approaching retirement age. Something that could increase with impending new green regulations from the International Maritime Organization...

China’s Worldwide Network of Navigation Ports Reveals Beijing’s Strategy

A powerhouse in global trade, China has more shipping ports at home than any other country. Key investments add about another 100 ports...

China-ASEAN Meteorological Development Index Unveils Its 1st Batch Core Results

The China-ASEAN Meteorological Development Index unveiled its first batch of core results at opening ceremony of the 6th China Meteorological Equipment & Service...

Ikea Aims To Tackle ‘Dirty’ Shipping in Latest Ad

Ikea’s latest advertisement aims at 'dirty' shipping. The perception of dirty shipping is probably helping put pressure on the industry to reform its...
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