The International Chamber of Shipping (ICS), in a press release, has announced a comprehensive proposal for a global levy on carbon emissions from ships. If implemented, the ICS says it would be a world...

Top Ships has sold its last non-scrubber fitted vessel, the 2016-built MR2 product tanker Nord Valiant, to unaffiliated third parties, reports Splash247. Prepaid financing The Nasdaq-listed Greek tanker owner said the related financing had been prepaid...

Hyundai Glovis will enter the gas shipping market in 2024 after striking a multi-year deal with commodity trader Trafigura. Hyundai Glovis, best known for its car carrier fleet, will ship LNG and ammonia...

Car carrier broke down in Black sea off Bartin Amasra coast, Turkey, reports Maritime Bulletin.  What happened? Car carrier broke down in Black sea off Bartin Amasra coast, Turkey, on Sep 4, while en route from...

Weekly composite index covering 20ft, 40ft, and Hi-Cube box rates says an article published in Baltic Exchange. Baltic Exchange publishes the weekly Ningbo Containerised Freight Index, compiled by the Ningbo Shipping Exchange. Route 2021-9-3 2021-8-27 Weekly change (%) Ningbo -...

Following shipping giant Maersk’s announcement of its methanol-powered container ship, the International Council on Clean Transportation comments on the project, assessing methanol’s environmental benefits and discussing what the future of the industry should hold,...

WASHINGTON, Sept. 1, 2021 /PRNewswire/ -- The Fuel Cell and Hydrogen Energy Association (FCHEA), the national association representing over sixty leading companies and organizations, today announced that its Board of Directors has appointed Frank...

RINA has announced its acquisition of the entire share capital of Logimatic Solutions, a leading software company, headquartered in Denmark, says an article published in Maritime-executive. Acquires logimatic solutions - a strategic plan This acquisition is...

Fujitsu Limited and Nippon Yusen Kabushiki Kaisha a major global shipping company,  announced the introduction of Fujitsu's quantum-inspired Digital Annealer technology to significantly streamline complex stowage planning for car carriers, says a press release...

Zim exercises its option to long-term charter an additional five 7,000 TEU liquefied natural gas dual-fuel container vessels from Seaspan Corporation, says a press release published on their website. About the announcement Under this previously announced...