Freightos Baltic Container Report – Week 50, 2018

Report Highlights Transpacific pricing usually picks up mid-December as importers look to replenish after Christmas. But, wary of trade tariff increases, many importers are already...

Project Seashuttle for Developing Autonomous Container Ships

  Samskip has announced the project Seashuttle to develop autonomous, zero-emissions container ships A grant of €6 million has been awarded by Norwegian government money...

Rotor Sails Can Replace Upto 50% of Ship’s Engine Propulsion

Moller-Maersk pledged this week to cut carbon emissions to zero by 2050. The Maersk Pelican oil tanker is being used to test Norsepower's...

The “Internet of Shipping” Is Upon Us

The startup ShipChain expects vehicle tracking pilot project with Perdue Farms to be fully operational by 2020. Venture capital invested more than $3.3...

Diana Time Charters Kamsarmax Dry Bulk With Glencore

Diana Shipping Inc will be chartering the 2010-built Kamsarmax dry bulk vessel, the m/v Myrsini. This contract with Glencore Agriculture B.V., Rotterdam commenced...

ScanOcean to Resell Neste’s Low-Sulfur Bunker Fuel Off Sweden

Neste and ScanOcean AB enter into cooperation in delivering Neste’s low-sulfur marine fuel on the East Coast of Sweden, says an article published in...

Weekly Tanker Report – Week 51, 2018

The last week of the year showed some interesting developments in the Tanker Market which are highlighted by this 'weekly tanker report' by the...

World-first Installation of Class-Approved UltraBattery Onboard Ship

  UltraBattery battery pack to be used for ship solar power system on large general cargo ship. Joint project Masterbulk Pte. Ltd. (Masterbulk) and Eco Marine Power...

LUKOIL Marine Lubricants Celebrates a Double Award Win for Innovation

The hard work LUKOIL Marine Lubricants has paid off as they have succeeded in bagging two awards which recognizes their continual development and contributions...

Diana Shipping Announces Time Charter Contract With SwissMarine

Diana shipping has entered a charter contract with SwissMarine. The gross charter rate is fixed at US$17,000 per day for a minimum period of...