ONE Expands Reefer Fleet

Ocean Network Express (ONE) is expanding its reefer fleet by adding 6,500 new units, reports Riviera Maritime Media. Growing demand for refrigerated cargo The 6,500 units,...

COSCO Orders All-electric Feeder Vessels

Cosco’s intra-Asia containerline subsidiary Shanghai Pan-Asia Shipping will operate a novel pair of feeders on the Yangtze soon, reports Splash247. All-electric tankers  Shanghai Pan-Asia is to...

NYK, MTI & GRID Collaborate on AI Ship Allocation Optimization

Nippon Yusen Kaisha (“NYK”), NYK Group company MTI Co. Ltd. (“MTI”), and GRID Inc. (“GRID”) have started developing a model using AI to optimize...

Weekly Bulk Report – Week 11, 2022

The Baltic Exchange has released a report about the dry bulk market for the 18th week of shipping activities of this year. The report...

Asia middle distillates: Key market indicators for March 21-25

The Asian middle distillates complex is likely to remain rangebound at elevated levels in the week of March 21-25 amid tight global supplies and...

Commodity Tracker: 5 charts to watch this week

Oil demand and container freight rates are among the casualties in the latest COVID-19 outbreak that has sent various cities in China in lockdown....

Asia light ends: Key market indicators for March 21-25

Asia's light ends markets are expected to be firm on stronger Brent crude, with gasoline also set to be boosted by increased regional travels...

ABB Claims To Cut Fuel Consumption Up To 20%

ABB Turbocharging has launched a new digital solution which it says can enable potential combined emission savings of up to 20%, reports BunkerSpot. About Tekomar...

[Watch] Brand-new Flying Tesla, Jumps 50 Feet Into the Air

he was approached by a Tesla driver who, out of the blue, wanted to show him where David Dobrik jumped his EV. Since...

Euroseas Orders Feeder Boxship Trio

Greek boxship owner Euroseas has penned a new contract with Hyundai Mipo Dockyard for the construction of three 1,800 teu LNG-ready eco-design feeder...