Brooklyn Marine Terminal Set for $3.5B Electric Port and Housing Makeover
A historic $3.5 billion redevelopment plan has been approved by New York City and state leaders to transform the Brooklyn Marine Terminal (BMT) into...
Container Freight Rates Slide Amid Rising Geopolitical Tensions
The container freight market is experiencing significant challenges as geopolitical tensions and declining rates impact major shipping routes, reports Baltic Exchange.
Container freight market faces...
BGL Announces the Sale of West Gulf Marine to Maritime Partners
Brown Gibbons Lang & Company (BGL), a leading independent investment bank and financial advisory firm, has successfully advised on the sale of West Gulf...
K Shipbuilding Secures Green Deal with Greek Tanker Owner
South Korea's K Shipbuilding (KSB) has secured a newbuild contract from Greek maritime company Lastco for the construction of two alternative-fuel-ready product tankers, with...
[Watch] Ship’s Blackbox – What is It?
This video explain voyage data recorder or VDR of the ship which is a critical instrument for accident investigation and safety analysis.
It is similar...
From Seizure to Suez: Shadow Tanker Back on the Move
A tanker long-associated with a “shadow fleet” was briefly detained by a national navy, but has since resumed its voyage toward the Suez Canal,...
Shipping Industry Unites on Digitalization and Decarbonization Goals at ShinT 2025
Industry leaders explored the role of AI, IoT, and data analytics in shaping shipping’s digital future.
Cybersecurity emerged as a critical priority for...
Singapore Strengthens Hydrogen Strategy with Ammonia Power Initiative
Singapore has appointed Keppel Ltd to lead the next phase of a low- or zero-carbon ammonia project on Jurong Island.
The initiative includes...
Ningbo Container Index Sees Sharp Weekly Decline
The Ningbo Containerised Freight Index (NCFI) is a weekly composite benchmark reflecting rates for 20 ft, 40 ft, and High Cube containers on key...
World’s 1st Hydrogen-powered Bulk Carriers to Feature Swedish Fuel Cells
PowerCell, a Swedish supplier of fuel cells for the marine market, has secured a contract worth just over SEK40m ($4.25m) to supply the fuel...
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