This Week Trends
Scorpio Bulkers, Inc., announces the sale of its Kamsarmax vessel, says a press release published on their website.
About the agreement
Scorpio Bulkers, Inc. (NYSE: SALT) (the “Company”) announced the company’s agreement with an unaffiliated third party to sell the SBI...
President Eisenhower envisioned a symbol of peace amidst military advancements, dreaming of a ship that would embody this vision, as published on Wired.
Nuclear ship
President Eisenhower's vision for a nuclear-powered ship representing peace faced resistance from his aides, who believed...
The C-suite is a bundle of nerves this winter. A new survey shows that 72 per cent of chief executive officers are worried about losing their jobs in 2022 because of business disruptions, tracking closely with the 94 per...
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Hot Stuff Coming
Epic FIVE Hour Sea Rescue!
Dan Ho went for a swim at 5am off Long Island before he was swept away by the strong currents. He fought with the...
Women in Maritime: Facts and Ways To Attract More
Representing only a fraction of the maritime industry’s largely male-dominated workforce, women are pushing for change and equality. With several recruitment initiatives kicking off...
Green Light For World’s First Ammonia Bunkering Terminal
The Norwegian Directorate for Civil Protection (DSB) has given its approval for the construction of an ammonia bunkering facility at Fjord Base in Florø,...
This Country Prepares For A ‘Brutal Conflict’ In The Energy Sector
Russia remains a reliable supplier, a world-class guarantor of energy security.
The EC had already outlined a plan to reduce EU demand for...
LATEST ARTICLES
17,300-Tonne Drydock Shipped by Kuehne+Nagel from Türkiye to California
Kuehne+Nagel and Boskalis coordinated the transoceanic transport of Türkiye’s largest floating drydock to the U.S.
The drydock, unable to move on its own,...
U.S. Sanctions Iranian Oil Trade Involving Iraq, UAE, and Shadow Fleet
The U.S. has imposed sanctions on individuals, companies, and vessels accused of disguising Iranian oil as Iraqi to bypass sanctions.
Iraqi-British national Salim...
NCFI: Middle East Rates Tumble as Ningbo Freight Index Slides Sharply
The Ningbo Containerised Freight Index (NCFI), compiled by the Ningbo Shipping Exchange and promoted by the Baltic Exchange, reported notable declines across most major...
Container Rates Slip as Tariff Uncertainty and Overcapacity Weigh In
The global container freight rates continued to show signs of softening across most major trade lanes, according to the Baltic Exchange’s latest data for...
Canadian Flag Raised Over Vancouver Shipyards
Seaspan Hoists Landmark Flag Above HMCS Protecteur.
Canadian Flag Now Flies High Over North Shore Waterfront.
Vancouver Shipyards Installs 120-Foot Flagpole Ahead of...
ABS Develops Lithium-Ion Battery Fire Simulation
ABS Model Predicts Thermal Runaway in Lithium-Ion Fires.
ABS Validates EV Fire Model with Texas A&M.
New ABS Tool Tackles Maritime EV Fire...
Asia-US Container Rates Continue Sharp Decline Amid Excess Capacity
Container shipping rates from Asia to the US have dropped further due to low demand and increased vessel capacity.
Drewry and Freightos report...
Deltamarin 3,500 TEU Design Aims for Zero-Carbon Shipping
Deltamarin has introduced a concept design for a 3,500 TEU container feeder vessel powered by ammonia.
The design prioritizes safety, integrating advanced risk...
Port of Seattle, Tacoma, and NWSA Support 265K Jobs, Billions in...
In 2023, the Northwest Seaport Alliance, Port of Seattle, and Port of Tacoma collectively supported over 265,000 jobs and generated nearly $55 billion...
Cancelled Sailings Tracker: Weekly Trends Indicate Shifting Market Dynamics
Cancelled sailings on major East–West routes are set to decline, with a sharper drop forecasted on the Transpacific in July.
Despite reduced cancellations,...