[Watch] World’s Oldest Intact Shipwreck Discovered in Black Sea
An ancient Greek trading ship dating back more than 2,400 years has been found virtually intact at the bottom of the Black Sea, the world's oldest known shipwreck, researchers say.
Disclaimer: This video is intended...
Working Together
From the energy we use to the food we eat, the clothes we wear and the things we use every day, we enjoy a lifestyle where we can find everything on the shelves of...
Baltic Index on a Week High!
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, hit a one-week high on Monday, supported by rising rates for the capesize vessel segment.
* The overall index, which...
IMO 2020 to Cause One-off Oil Demand Surge Before Market Adjusts: OPEC
Tighter global shipping pollution regulations from 2020 will lead to a temporary surge in oil demand while denting the oil revenues of producers of heavy or high sulfur crudes, OPEC said in its annual...
China’s First Seagoing LNG Bunker Vessel
The privately owned Chinese gas distributor ENN Energy has placed an order for an 8,500-m3 LNG bunker vessel at Dalian Shipbuilding Industry Company (DSIC) to be delivered in 2020. The tanker will be used not...
Lower Sulfur Fuel Transition May Not Be Smooth
Even before new international regulations on maritime fuels kick start, the oil market has tightened significantly this year, pushing prices higher and putting pressure on producers to increase output.
The impact of IMO sulfur cap...
Why the Maritime Industry Needs More Women
In recent times, more and more women are entering the shipping domain but despite that women are far behind in this male-dominated industry. So here we are discussing the role of women in shipping...
‘Unplugged’ Shipping Forging a New Era
The maritime industry is a fast paced one which is always up for major changes. It’s the ports and shipping which generally face significant changes that are enforced within a couple of years or...
New Supertanker Successfully Performed Ship-to-Ship LNG Bunkering
On October 18, Director General of Russian Maritime Register of Shipping, participated in a protocol event dedicated to the successful project implementation of construction and operation commencement of a large-capacity Aframax tanker using LNG as...
Testbed Established for Internet of Ships Open Platform
On October 18, a testbed was established for an Internet of Ships Open Platform (IoS-OP), and for the test, NYK provided a next-generation onboard IoT platform that the company has been developing with MTI...