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Are Engineers at Risk from AI? A New Study Suggests it’s Complicated
While many fear that AI will replace engineers, the analysis reveals a more nuanced reality: AI is more likely to augment engineering roles by...
Damen and Folla Maritime Launch Joint Venture Damen Folla
Damen Shipyards Group and Folla Maritime have officially launched their new joint venture, Damen Folla, during the Aqua Nor exhibition in Trondheim.
The...
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Ship Finance International Acquires Eight Capesize Dry-Bulk Carriers
A 33% profit-sharing agreement applies to revenues above the base charter rate.
The acquisition will increase Ship Finance’s charter backlog by nearly $500...
LATEST ARTICLES
Lessons Learned: Cargo Damage During Loading and Voyage
A recent incident reported by the Swedish Club involved cargo damage during the loading and transport of steel products. Weather conditions and procedural challenges...
SC Ports Completes $580 Million Harbor Deepening with Final Funding
SC Ports received the final $21.28 million federal reimbursement, completing the $580 million harbor deepening project.
Leaders credited strong federal, state, and local...
First Half 2025 Review of Global Shipping Segments
Capesize bulkers gained 7.7% in value, while most other bulker segments saw declines amid reduced newbuilding and S&P activity.
Tanker values eased overall,...
China Launches Drone Ship to Support Reusable Rocket Landings
China has introduced its first rocket recovery drone ship, Xingji Guihang, marking a major step toward reusable launch technology.
Developed by Beijing-based iSpace,...
NWSA TEU Volumes Rise 3.5% YTD
VLGC rates remain near a 16-month high, driven by Indian port congestion and Panama Canal delays.
European ports are witnessing notable growth, with...
Singapore Solidifies Global Lead with FueLNG’s 500th Ship-to-Ship LNG Bunkering Operation
FueLNG, a leading provider of LNG bunkering solutions, has successfully completed its 500th ship-to-ship (STS) LNG bunkering operation. This achievement, which occurred in Singapore...
Performance Shipping Secures New Time Charter with PNSC for M/T P....
Performance Shipping Inc. has signed a 12-month time charter with Pakistan National Shipping Corporation (PNSC) for its 105,304 DWT LR2 Aframax tanker M/T...
Are Engineers at Risk from AI? A New Study Suggests it’s...
While many fear that AI will replace engineers, the analysis reveals a more nuanced reality: AI is more likely to augment engineering roles by...
Damen and Folla Maritime Launch Joint Venture Damen Folla
Damen Shipyards Group and Folla Maritime have officially launched their new joint venture, Damen Folla, during the Aqua Nor exhibition in Trondheim.
The...
Capesize Rates Holding Strong, But China’s Economy Poses a 5% GDP...
An uneventful fortnight in terms of cargo flow has reduced near-term activity, contributing to a decline in spot rate volatility.
Capesize Market and Outlook
Despite a...