Oldendorff Carriers’ Commitment to Research Centre for Sustainable Shipping

Oldendorff Carriers partners with the University of Strathclyde for sustainable shipping research. The focus is on decarbonising the shipping industry and enhancing operational...

[Watch] World’s First Hybrid Propulsion Cargo Ship Makes Historic U.S. Port Call

Canopee, the world’s first hybrid propulsion commercial cargo ship, arrived at Florida’s Port Canaveral on September 2, 2024, marking its first port call in...

Insights on Navigating the Energy Transition from the ABS Sustainability Summit

As the shipping industry faces the impacts of Fuel EU Maritime regulations, energy efficiency and fleet-wide pooling have emerged as essential strategies for achieving...

Wärtsilä to Develop Next Generation Vessel Traffic Management System for Singapore’s Maritime Hub

Technology group Wärtsilä has been awarded the prototyping contract for the innovative Next Generation Vessel Traffic Management System (NGVTMS) by the Maritime and Port...

LR & KRISO Join Forces For Safer Autonomous Ship Operations

The Korea Research Institute of Ships & Ocean Engineering (KRISO) & Lloyd’s Register (LR) has entered into a joint development project to verify and...

Shipping Technology Finds Strategic Investment Partner In First Dutch

Shipping Technology, a Rotterdam-based upcoming player in the international maritime industry specializing in developing supportive tools for the shipping industry, has secured a significant...

Saudi Red Sea Authority: More Than A Sea

The Saudi Red Sea Authority (SRSA) has launched a campaign titled "More Than a Sea", which revolves around four main pillars of SRSA’s roles:...

Weak Chinese Demand And Russian Crude Cuts Impact Tanker Market

Declines in dirty tanker voyage count over the last two months can be attributed to more than just the seasonal summer lull, according to...

Dry Bulk Market Sees Diverging Trends: Capesize Up, Panamax Down

This week's charts reveal a notable surge in Capesize freight market rates for the Brazil to North China route (left chart), accompanied by a...

Study Reveals Disconnect In Green Financing For Shipping Industry

A recent study by UCL Energy Institute has highlighted a major flaw in the current green financing approach in the shipping industry. While banks...