COSCO Shipping Specialized Carriers, a unit of China’s COSCO Shipping Group, has held a naming ceremony for a newbuild environmentally friendly 77,000 dwt multipurpose pulp vessel, reports Offshore Energy.Naming ceremony for newbuild  The vessel was...

The Netherlands-based shortsea ship operator and logistics company Longship has launched the second low-consumption general cargo ship built by GS Yard BV in Waterhuizen, reports Offshore Energy.Longship launches second low-consumption general cargo ship Launched on...

In the first half of a year 2024, the container throughput of Chinese ports was 161.8 million TEU, a year-on-year increase of 8.5%, reports Port News. Among them, the container throughput of Shanghai Port in...

In the 30th week, the MABUX global bunker indices continued their moderate downward trend. The 380 HSFO index fell by 11.25 USD: from 552.94 USD/MT last week to 541.69 USD/MT, breaking through the 550...

Pacific International Lines (PIL) is partnering with WaveBL, a leading provider of digital trade solutions, to provide a wider range of electronic Bill of Lading (eBL) solutions to its customers source PIL Improved Trade Documentation With...

GTT, a leading provider of membrane containment systems for liquefied gases, announced today robust financial results for the first half of 2024. The company reported a 66% increase in revenues to €295 million...

Russia’s first oil shipment of the year is travelling through the nation’s Northern Sea Route to China, with more vessels expected to follow suit, according to Bloomberg. The Northern Sea Route The 2,500-mile shipping route, which...

The LNG shipping market has witnessed contrasting fortunes this week, with rates surging in the Pacific while declining in Europe. Pacific spot LNG freight rates experienced a fifth consecutive weekly increase, reaching $72,750...

Castor Maritime Inc. (NASDAQ: CTRM) has announced the acquisition of its first Ultramax dry bulk carrier. The company has entered into an agreement to purchase a 2015-built vessel for $25.5 million from an...

Drydocks World has successfully executed a complex project involving the conversion and upgrade of two vessels for Eni's Baleine Phase 2 project, to be deployed offshore Côte d'Ivoire in West Africa. This significant achievement...