WinGD has won a contract to integrate hybrid energy systems on four newbuild car carriers for Japanese owner NYK Line, further expanding the engine developer’s portfolio of future-ready power solutions for companies navigating shipping’s...

China's shipbuilding sector will enter a high-growth period this year, driven by soaring demand of global maritime trade and many shipping groups' moves to adopt smart and green vessels, says a China Daily news...

According to the data released by the Japan Ship Exporters’ Association (JSEA), Japanese new ship export orders in July this year fell by 60.9 percent on tonnage basis. It is compared to the...

Knut Ørbeck-Nilssen, CEO of DNV Maritime, argues that maritime’s drive for decarbonization shouldn’t be seen as a race, but rather a dugnad. While the word means little outside of Norway, it has implications capable of...

red hot charter market heating NOOs' contracted revenue to boiling point the supercharged charter market is also the motivation for MSC aggressively buying any container vessel that appears on the market Non-operating containership owners...

The Baltic Dry index, a gauge for global bulk shipping rates, hit an over 11-year high on Thursday after China’s second-largest container port remained partially shut following detection of coronavirus infections. Chinese port...

shipping losses remain at historic lows, but Covid, mega-ship, supply chain, and climate challenges loom large inspite the shipping sector has shown great resilience through the coronavirus pandemic The ongoing crew crisis, the increasing...

The Gulf of Guinea remains the world’s piracy hotspot, accounting for over 95 per cent of crew numbers kidnapped worldwide in 2020, reports the Nation quoting the insurance giant, Allianz Global Corporate & Specialty...

cargo ships are again idling off jammed Southern California ports a crush of advance orders from US manufacturers and retailers is contributing to the odds Container ships are stacking up again off Southern California’s...

Diversification leads to competitive pricing in Balboa. Ecuador is an important high sulfur bunker supplier into Panama. 17% of total bunker sales in Panama correspond to high sulfur fuel. The high sulfur bunker fuel...