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Head-To-Head Survey: Wärtsilä (WRTBY) vs. Its Competitors
Wärtsilä is one of 20 publicly-traded companies in the “Special industry machinery, not elsewhere classified” industry, but how does it contrast to its competitors?...
Giant Bulk Carrier Ships Transporting Millions $ Worth Of Cargo
A special feature on bulk carriers which will explain the process of loading and unloading loose cargo, including coal, grain, aggregates, and sand, as...
HD Hyundai Sells HMM Stake, Ending Acquisition Speculation
HD Hyundai, which heads South Korea’s largest shipbuilding group, has sold all its shares in compatriot flagship carrier HMM, dispelling any notions that it...
CMA CGM Implements New Peak Season Surcharges Worldwide
CMA CGM has announced a new peak season surcharge (PSS) globally.
The new surcharge will be effective from 15 February 2024.
Marseille-headquartered container line...
Product Tanker Contracting Hits Nine-Year Low Amid Fleet Renewal Pressures
Between January and August 2025, product tanker newbuilding contracting plummeted by 86% year-on-year to just 2.6 million deadweight tonnes (DWT), marking the lowest level...
Dry Bulk Charter Rates Surge Amid Ship Recycling Challenges
The dry bulk market continues to experience rising charter rates, with Capesize and Panamax sectors leading the trend, reports cash buyer GMS. However, this...
Global Diesel Trade Realigns: Middle East Shifts Focus to Asia
Middle Eastern diesel supplies have pivoted to Asia due to higher seasonal demand, while Europe sources more diesel from the US Gulf Coast...
Maersk Accelerates Net Zero Emission Targets To 2040
Maersk business to achieve net zero greenhouse gas emissions in 2040 – one decade ahead of its initial 2050 ambition.
Maersk announces new...
Container Shipments from Japan to the US Rise by 5.7% in 2024
Direct Shipments Show Robust Growth, Up 13.8% for the Year.
Tokyo, Nagoya, and Kobe Lead Growth in Direct Shipments.
Transshipped Containers Decline by...
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The Adolf Vinnen Shipwreck At Bass Point Was Wrecked 100 Years...
German barquentine Adolf Vinnen is considered to be the last great wreck of a sailing ship on the coast of Cornwall. Built a few...
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Seaspan – Zim Inks Long-term Charters Deal
Seaspan entered into long-term charters with ZIM Integrated Shipping Services Ltd. relating to ten ultra-modern 7,000 TEU dual-fuel liquefied natural gas (LNG) containership newbuilds,...
Armed Gang Plans To Kidnap Crew! Warns Coast Guard
According to an article published in ReCAAP ISC, Philippine Coast Guard has received news that armed members are planning to conduct kidnapping activities in...
‘Ticking Ecological Time Bombs’: WWII Ships Rusting at Bottom of Pacific
If oil or another hazardous material leaks during earthquakes, storm surges, or other natural disasters, the environment could suffer catastrophic consequences, as reported by...
