Oil Product Stocks Two-week High After Record Plunge

Oil product stockpiles at the UAE's Port of Fujairah climbed to a two-week high as of Nov. 29 as fuel oils for shipping and...

First Bio-LNG Bunkering Trial in Rotterdam by Shell

Containerships Aurora receives 44 cu m of Bio-LNG Bio-LNG reduces GHG emissions by at least 67% on well-to-wake basis LNG's share in global...

Maersk Heads for Record Profits, Pays $1,000 To Each Employee

A.P. Moller-Maersk A/S is giving $1,000 to each of its roughly 80,000 employees as the world’s largest shipping company heads for record profits...

OceanPal Inc. Shares Were Up 44% To $7.51

OceanPal Inc. shares were up 44% to $7.51, following a 47% surge in their Nasdaq debut on Tuesday. Diana Shipping Inc. spun off...

10 Container Shipping Lines To Earn A Record $120 Billion

The 10 leading publicly listed container shipping lines are on track to earn a record $115 billion to $120 billion in profit in...

Danish Operator Norden Optimizes the Business Structure

Danish owner and operator Norden has consolidated three business segments into two. One focused on investments and the other on asset-light freight services. A...

IoT Technology To Manage, Track & Locate Cargo At Sea

The Internet of Things (IoT) is a booming ecosystem of technology companies solving challenges and making the world better, reports Splash247. Whether it be managing...

World’s First Dual-fuel LNG Battery Hybrid PCTC Delivered

UECC takes delivery of World’s first dual-fuel LNG battery hybrid car carrier, reads a NYK press release. World's first dual-fuel LNG battery hybrid car On November...

MOL Takes Delivery of First ‘EeneX’ Coal Carrier

Mitsui O.S.K. Lines (MOL) has announced that the Kurotakisan Maru III - the first ship in the 'EeneX' series of next-generation coal carriers –...

Wärtsilä Bags Contract for US LNG Bunker Barge

The Finnish technology group Wärtsilä has won the order to supply cargo handling system for the second LNG bunker vessel that U.S. shipyard Fincantieri...