Diana Shipping Announces Time Charter For Ultramax Bulker

Diana Shipping Inc., through a separate wholly-owned subsidiary, has entered into a time charter contract with Bulk Trading SA, for one of its Ultramax...

SEB Takes Lead With Net-Zero 2030 Shipping Target

SEB sets a net-zero aligned 2030 target for the shipping sector, aiming to reduce emission intensity by 41% compared to 2022.The target covers collateral...

Global Bunker Market Update: Week 17 Highlights and Industry Collaboration Initiatives

Over Week 17, the world MABUX bunker indices experienced a modest decline. The 380 HSFO index fell by 3.01 USD: from 553.74 USD/MT last...

Port of Amsterdam Revenues up to €190.4 Million in 2023

The Port of Amsterdam’s annual report published today shows that the port is in transition. While revenues rose to €190.4 million, transshipment fell to...

Hanwha Ocean Posts $38.6M Operating Profit for Jan-Mar 2024

Hanwha Ocean Co., South Korea’s third-largest shipbuilder, turned to the black in the first quarter powered by increasing sales of higher-end vessels and a...

ClassNK and JAXA Launch Joint Research on Liquefied Oxygen Compatibility

ClassNK has commenced joint research with the Japan Aerospace Exploration Agency (JAXA) to establish an evaluation method for the compatibility of ship materials with...

Cavotec Wins $5 Million Shore Power Contract With Leading Global Shipping...

Cavotec has secured a US$5 million order from a leading global shipping company to supply several PowerFit shore power units. The PowerFit units...

Norwegian Cruise Line And Fincantieri Float Out The Innovative Norwegian Aqua™

Norwegian Cruise Line (NCL) and Fincantieri, an Italian shipbuilding company, celebrated the float out of Norwegian Aqua™ from its dry dock in Marghera,...

Navigating MARPOL’s New Garbage Record Keeping Requirements

Starting in May 2024, new global requirements under the MARPOL Convention will come into effect, impacting vessels of 100 Gross Tonnage (GT) and above....

Introducing Fuel-Efficiency In Chemical Tankers

The maritime industry is witnessing a significant advancement with the introduction of modern, fuel-efficient ships built between 2022 and 2023. Stolt Tankers and SFL...