Vega Reederei on the Hunt for ‘Younger’ Tonnage
Vega Reederei is on the hunt for younger tonnage, reports Splash247.
Demand for modern tonnage
The German box tonnage provider has recently taken delivery of the...
Six Seafarers Kidnapped from Anchored Cargo Ship
Panama-flag vessel was boarded late on the evening of 30 June, resulting in six crew members have been abducted from a general cargo ship...
Retreat Across Vessels Drags Baltic Dry Index To Worst Week In Four
The Baltic exchange’s main sea freight index .BADI recorded its worst week in four on Friday dragged by a retreat across vessel segments, but...
Crowley Acquires Tamarind Consolidated, Expanding Logistics Solution
Crowley has acquired Tamarind Consolidated, a logistics services company serving the U.S. to the British Virgin Islands in a merger enhancing end-to-end supply chain...
CoolCo Announces Exercise Of Purchase Option For 2 LNG Carrier Newbuilds
Cool Company Limited (NYSE: CLCO / CLCO.OL “CoolCo” or the “Company”) announces today that it has exercised its option to acquire two newbuild 2-stroke...
Polluting Shipping To Face Climate Reckoning
The hefty carbon footprint of global shipping networks that crisscross our oceans and keep the world's economy afloat will come under scrutiny next week,...
World Container Index Down 2.7% This Week
Drewry’s composite World Container Index decreased by 2.7% to $1,494.46 per 40ft container this week, says an article published on their website.
Our detailed assessment
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Shipping Industry Faces Net Zero Emissions Target, Draft Plan Reveals
Shipping’s global regulator is closing in on a new target of net zero emissions by 2050, inching the industry closer to alignment with the Paris...
Amogy Expands to Singapore
Amogy Inc., a leading provider of high-energy, emission-free ammonia power solutions, has officially launched its operations in Singapore. The company has appointed Svein Erik...
These Giant Kites Could Pull Cargo Ships Across The Ocean
You may have seen kitesurfers in action, harnessing the power of the wind to pull them over the sea. Now imagine the same concept...
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Dry Bulk Market Witness a ‘Turn Over’ Amid Reclining Orders
A step back from the intense SnP market is necessary from time to time to analyze and capture how fundamentals are influencing the...
