Wartsila’s Scrubber Business Rise But Cuts Services Outlook
On October 23, Finnish ship technology and power plant maker Wartsila reported lower than expected quarterly profit and new orders which downgraded the demand...
MOL Unveils High-quality and Efficient LNG Carrier
MOL's has announced its newbuilt LNG Carrier to serve Mitsui & Co. to transport shale gas-derived LNG from Cameron Project in the United States.
Naming Ceremony
On October...
[Watch] World’s Oldest Intact Shipwreck Discovered in Black Sea
An ancient Greek trading ship dating back more than 2,400 years has been found virtually intact at the bottom of the Black Sea, the...
Working Together
From the energy we use to the food we eat, the clothes we wear and the things we use every day, we enjoy a...
Baltic Index on a Week High!
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, hit a one-week high on Monday, supported by rising...
IMO 2020 to Cause One-off Oil Demand Surge Before Market Adjusts: OPEC
Tighter global shipping pollution regulations from 2020 will lead to a temporary surge in oil demand while denting the oil revenues of producers of...
China’s First Seagoing LNG Bunker Vessel
The privately owned Chinese gas distributor ENN Energy has placed an order for an 8,500-m3 LNG bunker vessel at Dalian Shipbuilding Industry Company (DSIC) to...
Lower Sulfur Fuel Transition May Not Be Smooth
Even before new international regulations on maritime fuels kick start, the oil market has tightened significantly this year, pushing prices higher and putting pressure...
Why the Maritime Industry Needs More Women
In recent times, more and more women are entering the shipping domain but despite that women are far behind in this male-dominated industry. So...
‘Unplugged’ Shipping Forging a New Era
The maritime industry is a fast paced one which is always up for major changes. It’s the ports and shipping which generally face significant...
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