Port of Tyne Ignites Green Growth

The Port of Tyne, a dock operator, has secured £100 million in groundbreaking support to drive green energy expansion. The ten-year financing arrangement...

Ningbo Containerised Freight Index

Weekly composite index covering 20ft, 40ft and Hi-Cube box rates by Ningbo Shipping Exchange Route  14-07-2023 07-07-2023 Weekly change (%) Ningbo - Europe  457.85  462.41 -0.99 Ningbo - West Mediterranean  828.43  845.44 -2.01 Ningbo - East Mediterranean 708.66 742.31 -4.53 Ningbo -...

‘Dark Fleet’ STS Transfers Discussed at IMO

Multiple concerns have been raised at IMO meetings regarding an increase in ship-to-ship (STS) transfers at sea, in particular instances of ships using “dark...

Weekly Tanker Report – Week 28, 2023

Baltic Exchange has issued the tanker report for the 28th week of this year. The report of 14th July 2023 provides valuable insight into...

Unleashing Low Carbon Solution Opportunities

Transforming Low Carbon Solutions ExxonMobil has entered into an agreement to acquire Denbury Inc., a leading developer of carbon capture, utilization, and storage (CCS) solutions...

Seafaring Market Set for Steady Growth 2023-2029

The maritime market is anticipated to achieve a significant increase in size, reaching multimillion USD by 2029. This growth is expected to be higher...

ABB Introduces OCTOPUS Operational Planner

ABB Ability™ OCTOPUS – Marine Advisory System Operational Planner offers first-of-its-kind capability to optimize remote maintenance of wind farm operations The predictive software...

V.Group Acquires Global Marine Travel from Inchcape

V.Group, the leading global marine services provider, announced that it has acquired Global Marine Travel (ISS GMT) from Inchcape Shipping Services, says an article...

Dry Bulk Report – Week 28

The Baltic Exchange has released a report about the dry bulk market for the 28th week of shipping activities this year. The report dated...

First Cargo Ship Fueled By Green Methanol Sets Sail!

As a new container ship sets sail this week, it’s the first to ever run on green methanol—made from methane captured from food waste...