Rise to 833m tonnes in CO2 emissions seen despite intensifying regulatory landscape and reduction targets. GLOBAL shipping’s carbon dioxide emissions posted year-on-year gains of 4.9% in 2021 and were higher than 2019, according...

Crude oil prices rose during early morning trade in Europe Jan. 25 amid increased concerns about rising interest rates in the US and geopolitical tensions between Russia and Ukraine, reports Platts. At 12:15 am London...

History is stuffed with tragic tales of lives lost at sea all through the ages. Whether by a tragic accident, dangerous climate, aggressive motion throughout a battle, piracy or different causes. Countless folks have...

Eastern Shipbuilding Group, Inc. announced the completion of a new, state-of-the-art aluminum superstructure fabrication and assembly hall at its Nelson Street Shipyard. This major infrastructure project further optimizes ESG’s Nelson Street Facility to...

Interbasin spreads have come in recently Reversal of December trend sign of market volatility Several LNG cargoes heading to Europe for February delivery were heard to have been diverted recently to Asia amid an...

German carrier Lufthansa and Italian shipping company MSC have expressed an interest in acquiring a majority stake in Alitalia’s successor ITA Airways. ITA said it received the declaration of interest and the proposal...

Pfizer and BioNTech have begun enrollment for a clinical trial to test the safety and immune response of their Omicron-specific COVID-19 vaccine in adults aged up to 55, the companies say in a statement,...

Survitec’s advanced fire fighting system and safety equipment aboard Yara Birkeland – the world’s first fully autonomous containership – has successfully completed its first annual service. The fire system aboard Yara Birkeland is...

Demolitions of aging container ships dropped last year to the lowest level. Demolition prices in the Indian Subcontinent were recently at the $560-615 per light displacement tonnage. Alphaliner expects container ship demolitions to...

European markets slide to lowest levels since October, while New York sees wild trading session, reports The Guardian. Stock markets sharp fall Global stock markets have fallen sharply as fears of military conflict in Ukraine spooked investors, wiping...