Castor Maritime Inc., through a separate wholly-owned subsidiary, entered into an agreement to acquire a 2012 Japanese-built Panamax dry bulk carrier from a third-party, for a purchase price of $23.55 million, says a press...

Maersk - Unilever sign an international freight supply chain management partnership effective from 2022. A four-year agreement to develop and manage Unilever’s International Control Tower Solution. Maersk signed an international freight supply chain management...

The Biden administration on Friday again urged global ocean carriers to accept more export freight and restore service at underutilized West Coast ports to ease supply chain constraints and give U.S. agriculture companies a...

Asia's light end markets opened the trading week starting Dec. 20 weighed down by the decline in crude values following an increase in coronavirus cases globally and country lockdown measures, says an article published...

A growing number of shipbuilders are turning to eco-friendly vessels as the shipping industry will face strengthened requirements on carbon emissions in the coming years. Shipping accounts for about 3 percent of...

Some 465,380 metric tonnes (mt) of marine fuel were sold in Panama last month – the highest monthly figure since January 2020, says an article published in bunker spot. Marine gasoil November’s total represents a 12.3%...

The world's first commercial octopus farm is closer to becoming reality has been met with dismay by scientists and conservationists. They argue such intelligent "sentient" creatures - considered able to feel pain and emotions...

Months after a bout with COVID-19, many people are still struggling with memory problems, mental fog and mood changes. One reason is that the disease can cause long-term harm to the brain, reports npr. Neurological...

MOL announced that the company held an online presentation ceremony on December 7, for the "MOL Presidential Awards for Officers and Engineers 2021". The awards have been given every year since 2008. MOL...

Amid a new surge in COVID-19 cases and deaths ahead of the Christmas and New Year holidays, President Joe Biden is drawing criticism from health experts, who are calling for more urgency, testing,...