Reported by the American Journal of Transportation, Value Group receives €2 million investment from Energietransitiefonds Rotterdam (ETF-R). Funding will accelerate the development of...

Scientists have recovered 145-year-old rye seeds from the James R. Bentley shipwreck in Lake Huron. The seeds, though no longer viable for germination,...

First-of-its-kind facility: Norsepower inaugurates a dedicated rotor sail factory in Dafeng, China, showcasing its leadership in wind-assisted propulsion. Increased production capacity: The facility...

The LNG shipping sector is experiencing challenges from a slow winter onset, weak spot rates, and a significant drop in Cool Company’s stock. ...

The Mediterranean Sea will be included in the IMO’s ECA zones starting May 2025, limiting sulphur content in fuel oil to 0.1%. Shipowners...

Rolf Westfal-Larsen Jr has been elected Chairman, and Tim Wilkins is set to take over as Managing Director from January 2025. Paolo d’Amico...

Studies indicate a steady weakening of the Atlantic Meridional Overturning Circulation (AMOC) since the mid-20th century, linked to rising global temperatures and freshwater...

Two ships collided off the coast of Istanbul due to strong winds. A dry cargo ship drifted out of control and collided with another...

The International Marine Purchasing Association (IMPA) has launched a safety campaign focusing on pilot ladders. The campaign emphasizes the importance of complying with SOLAS...

The shipping industry is working to reduce its environmental impact. The International Maritime Organization (IMO) has introduced regulations like EEXI and CII to improve...

ADNOC Logistics and Services (ADNOC L&S), a subsidiary of Abu Dhabi's ADNOC, has received the first of six new liquefied natural gas (LNG) carriers...

Belfast Harbour is set to trial the UK's first autonomous Terminal Tractors (TT) for container transport within port areas, thanks to nearly £400k in...

Eni, an integrated energy company with a goal of achieving carbon neutrality by 2050, and MSC Group, a global leader in transport and cruise...

BAR Technologies, a leader in wind propulsion technology, has entered into a Memorandum of Understanding (MoU) with Mitsubishi Corporation and Nihon Shipyard, aiming to...

Israeli shipping company Zim is solidifying its reputation for environmental commitment and operational agility, as it transitions toward a fleet largely powered by liquefied...

Global ship recycling markets are closing 2024 on a firmer note despite a year of minimal activity and significant price drops. According to cash...

The Singaporean Government has announced a SGD $100 million support package to accelerate green growth in the marine and offshore energy industries over the...

VLCC markets fluctuated amid tonnage oversupply, Suezmax and Aframax rates declined under weak demand, while MR tankers experienced mixed activity with TC2 routes surging...

Crude freight rates fluctuate amid Chinese import trends and tax rebate cuts, impacting global oil exports, freight rates, and refining dynamics, with refiners favoring...

UK MAIB has issued an investigation report on an incident where a crew member suffered fatal injuries due to being struck by a mooring...