Global Maritime has announced Johannah Christensen as the new CEO. Kasper Søgaard wa appointed Managing Director. The recent developments were announced after a...

In the week of July 5- 9, market participants await OPEC+'s decision regarding its production plans for August and beyond, with spot market activity...

Baltic Exchange publishes the weekly Ningbo Containerised Freight Index, compiled by the Ningbo Shipping Exchange. The index is reported every Friday (except Chinese holidays) at...

The Baltic Briefing has issued the tanker report for the 26th week of this year. The report dated 02nd July 2021 provides a valuable...

Already delivering decisive efficiency gains to an ever-increasing variety of ship types, ABB Azipod® electric propulsion now benefits from an automated steering function that...

Kongsberg Digital (KDI) said that its  K-Sim Engine, K-Sim Cargo and K-Sim Navigation simulator training solutions will be the first to attain certification according...

Safety is of paramount importance onboard. The ship being a workplace prone to mishaps, no tables should be left unturned to ensure that the...

Long-term contracted ocean freight rates continued their ascent through June, although not with the dizzying trajectory witnessed in recent months, reports Xeneta website. May’s 9%...

Seaspan Corporation has received delivery of two high-quality 15,000 TEU scrubber-fitted containerships (the “Vessels”). The Vessels were built in 2019 and are on...

The 'Bubble Barrier' can keep plastic away from entering the sea. "The Bubble Barrier" was developed as a simple way to stop plastic...

Shell Gas & Power Developments B.V. (“Shell”) and Uniper Hydrogen GmbH (“Uniper”) have signed a memorandum of understanding (“MoU”). It is to explore...

the Cruise industry Destruction Act an 1886 protectionist law gives Canada power over Alaskan tourism. tourism in general and cruise lines, in particular,...

China is considering building a canal trade route from Greece to Europe via the Balkans to speed up shipments of goods. 7;s $...

Norwegian equipment supplier Uptime International has been awarded three contracts from VARD Singapore. It is for the supply of three walk to work...

crude oil futures rise on fears of tightening supply after OPEC+ cancels meeting oil demand expected to rise as countries around the world...

A ship in Chinese bulker player Ningbo Zrich Shipping’s fleet is reportedly sold for $10m more than the purchase price a little more than...

Prices to ship containers from Asia to the U.S. and Europe are rising at a historic pace. Cargo owners bid up rates in...

Partnership to accelerate development of dual fuel ammonia-fitted tankers. Euronav contracts three modern Suezmaxes with Hyundai Heavy Industries. Euronav lifts the option to...

In total, 134 vessels over 10,000 dwt scrapped in the first half of the year, up 15% on the same period last year,...

METIS Cyberspace Technology has opened a fully owned subsidiary in Singapore. This is a move to enhance service capabilities for the increasing number...