[Watch] Devastating ‘Quicksink’ Smart Bomb Blasts Boxship in Half

In April of last year, the Air Force made public previously classified footage showcasing the success of their new “QUICKSINK” smart bomb, which efficiently...

INTERCARGO: Dry Bulk Sector on Upward Trend Amid Future Green Goals

Supply and demand in the dry bulk sector is showing a clear upward trend, having weakened significantly at the start of this year, reports...

Capesize Second-hand Prices Surge 22% M/M As Rates Rebound

In March 2023 China’s economic recovery caused a pick-up in capesize freight rates and in sale and purchase activity for this ship type. As...

Shell Completes Upgrade of Pierce Field for Gas Production

Shell U.K. Ltd (“Shell”), a subsidiary of Shell plc, has completed the restart of operations at the Pierce field in the UK Central North...

World’s 2nd Pure Battery Tanker Enters Service

Akari, the world’s second pure battery bunker tanker, owned and operated by Asahi Tanker, completed its first bunkering operation in Kawasaki on 14 April,...

Svitzer Turns To Caterpillar To Switch Its Fleet To Methanol

Svitzer is also using biofuels as part of its decarbonization strategy in the form of its towage service called Ecotow.  Methanol as a...

Solstad On The Path Towards Net Zero After Battery-Hybrid Collaboration

Most industry experts now agree that hybrid solutions are the best approach to optimizing energy use on board while ensuring compliance with emissions...

Advanced Simulator Technology By Wärtsilä To Enhance Marine Training

Wärtsilä has designed the simulation lab to address the very latest developments in operational equipment and systems. The system also replicates and teaches...

LNG to Witness Huge Growth in Coming Years With Profiling Leading Companies

The LNG as a Bunker Fuel Market is penetrating at a faster pace and is accounted to grow with strong potential in the forecasted...

Huachen Leasing Ordered 12 Bulk Carriers At Hantong

The 82,000 dwt Kamsarmax bulk carrier cooperation project is an important carrier for the R&D and shipping application of China's first ship carbon...