LATEST ARTICLES

COSCO Shipping Names New Eco-Friendly Multipurpose Vessel

COSCO Shipping Specialized Carriers, a unit of China’s COSCO Shipping Group, has held a naming ceremony for a newbuild environmentally friendly 77,000 dwt multipurpose...

Longship’s 2nd Eco-Friendly Cargo Ship Hits The Water

The Netherlands-based shortsea ship operator and logistics company Longship has launched the second low-consumption general cargo ship built by GS Yard BV in Waterhuizen,...

Chinese Ports Container Volume Rises 8.5% In H1 2024

In the first half of a year 2024, the container throughput of Chinese ports was 161.8 million TEU, a year-on-year increase of 8.5%, reports...

Analyzing Bunker Price Trends In The World’s Four Largest Hubs

In the 30th week, the MABUX global bunker indices continued their moderate downward trend. The 380 HSFO index fell by 11.25 USD: from 552.94...

PIL Boosts Efficiency With WaveBL’s Electronic Bill Of Lading

Pacific International Lines (PIL) is partnering with WaveBL, a leading provider of digital trade solutions, to provide a wider range of electronic Bill of...

GTT Reports Strong First-Half 2024 Results

GTT, a leading provider of membrane containment systems for liquefied gases, announced today robust financial results for the first half of 2024. The...

Western Sanctions Push Russian Oil To Brave Arctic Waters

Russia’s first oil shipment of the year is travelling through the nation’s Northern Sea Route to China, with more vessels expected to follow suit,...

LNG Shipping Market Sees Divergent Trends

The LNG shipping market has witnessed contrasting fortunes this week, with rates surging in the Pacific while declining in Europe. Pacific spot LNG...

Castor Maritime Expands Fleet With Ultramax Vessel Purchase

Castor Maritime Inc. (NASDAQ: CTRM) has announced the acquisition of its first Ultramax dry bulk carrier. The company has entered into an agreement...

Drydocks World Completes Complex Vessel Conversions

Drydocks World has successfully executed a complex project involving the conversion and upgrade of two vessels for Eni's Baleine Phase 2 project, to be...