Oil Up By 1% Amid Slow Supply Return

About 80% of U.S. Gulf production still offline Tuesday Refineries resuming operations quicker Protests block two Libyan ports, engineer says Oil prices jumped on Wednesday and settled up more than 1% as U.S. Gulf...

Panama Leads In Bulk Cargo Vessel Registration

The Panama Ship Registry is the largest in the world since 1993. This year, most of the vessels that entered the Panamanian registry were bulk carrier vessels, says an article published in Marine Line. Contributing...

China’s First Autonomous Boxship To Enter Service

AV Zhi Fei, the first Chinese autonomous boxhip is ready to enter service, by as early as the next month, on a short-sea route, which connects Dongjiakou to Qingdao, says an article published on...

South Korean Shipyard Lag Behind Chinese Rivals in April

New shipbuilding orders totaled 1.37 million CGT (47 ships) worldwide last month and 0.78 million CGT (16), 0.37 million CGT (23) and 0.19 million CGT (7) went to South Korean, Chinese, and Japanese shipbuilders,...

The Last Bulker Built for COSCO Delivered

The 210,000DWT bulk carrier "HUI HE HAI", which was built for COSCO SHIPPING Development, was successfully delivered by Qingdao Beihai Shipbuilding Heavy Industry and China Shipbuilding Trading as joint sellers, says an article published...

NYK Conduct Test of Automatic Ship Target Recognition System

Nippon Yusen Kabushiki Kaisha and MTI Co., Ltd. have installed on a trial basis on a ship operated by the NYK Group a prototype of the Automatic Ship Target Recognition System developed in Israel...

DNV Launches Latest Maritime Forecast To 2050

DNV, the world’s leading classification society’s latest Maritime Forecast to 2050, part of the Energy Transition Outlook (ETO) suite of reports, says an article published on their website.  Aim of report  Conceived to help shipowners navigate...

Wärtsilä Pushes Ahead With Carbon Capture & Storage In Maritime

Wärtsilä will take a central role in developing maritime carbon capture & storage (CCS) technologies as one of the leading partners in the LINCCS (linking carbon capture and storage) consortium, says an article published...

Seanergy Takes Delivery of Its 17th Capesize

Seanergy Maritime Holdings Corp. took delivery of the previously-announced Capesize vessel acquisition, the M/V Worldship, says a press release published on their website. About the vessel The Vessel is a 181,415 dwt Capesize bulk carrier,...

Golden Ocean Orders 3 ECO-type Bulkers

Golden Ocean Group Limited has entered into an agreement for the construction of three high-specification latest generation 85,000 dwt ECO-type Kamsarmax vessels, which will be constructed at a first-class Chinese yard, says a press...