[Watch] Rolls-Royce Reveal Remote Vessel Operating Centre

In a recent development, the Rolls-Royce company which is famous for its automobiles and aircraft engines, has released a video showing its progress in...

Prospects for the Multipurpose Shipping Sector are Improving

Surging growth in renewable energy generation around the world and a construction boom in South East Asia that is expected to run for the...

Asia Aframax Freight Rates at Year High

Asian Aframax freight rates hit a new high for the year on a surge in loadings from both the Middle East and Southeast Asia...

Pirate Attacks Bulk Carrier in Indian Ocean

On October 16, a bulk carrier was attacked by armed pirates who approached the vessel in a speedboat. What happened? An unnamed bulk carrier was attacked...

Master Arrested! Drugs Found in Underwater Hull Gas Cylinders

On October 17, the Greek Coast Guard discovered 53 kilograms of marijuana attached to the hull of a container ship. What happened? Based on intelligence report,...

Freightos Baltic Container Report – Week 40

The Freightos Baltic Indices reflect weekly spot rates for 40-foot containers based on 12 to 18 million price points collected every week on 12...

Wallem Welcomes First Vessel Under Japanese Flag

Wallem Ship Management company has welcomed its maiden vessel flying under the Japanese flag. Maiden vessel from Japan The Pure Car & Truck Carrier (PCTC) christened as...

Panamax, Supramax Markets Hold Steady, Capesize Sees Volatility – Q3

  The issues of Volatility has plagued the Asia Pacific Capesize market in the third quarter on the back of finicky weather and China's hunger...

Bulk Report – Week 41

Capesize A sharp reversal of fortunes for the big ships as the week closed after a depressed beginning. To start with drops were sudden, with...

AR Tech to Display Voyage Information in VLCC

Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) announced plans to launch the experimental use of a system, that supports ship operation...