Oslo and Paris, 31 August 2022. Marlink, the smart network solutions company, has published a report on the current status and future outlook for satellite capacity and connectivity based on vessel activity in the polar regions. The report

Swiss marine power company WinGD and Korean engine builder HSD Engine have initiated a Joint Development Project (JDP) to advance the development of WinGDs methanol-fueled big-bore engines. The aim is to deliver an engine capable of running

The Baltic Exchange, through its market data subsidiary, Baltic Exchange InformationServices Ltd (BEISL), and Zhengzhou Commodity Exchange (ZCE) have agreed a memorandum of understanding (MOU) to explore cooperation in the research of shipp

BADEN, SWITZERLAND, SEPTEMBER 1, 2022. Accelleron, the new face of ABB Turbocharging, have launched a new data-enabled service agreement with an accompanying customer portal that uses the power of analytics to optimize turbocharger maintena

Singapore, 31 August 2022 Scholarship awards with a total value of S$2.7 million was presented to 66 tertiary students at the MaritimeONE and Tripartite Maritime Scholarships (TMSS) Award Ceremony today. The 54 MaritimeONE scholarships and

On August 31, China Shipbuilding Trading and Dalian Shipbuilding Industry once again undertook the new construction project of four 37,000 DWT lake bulk carriers from Polish shipowner PZM. This indicates that CSTC and DSIC have received ord

ZIM to Operate First LNG Fueled Vessels in Asia to USEC Trade Agreement Secures Competitive Terms and Efficient LNG Supply HAIFA, Israel,Aug. 31, 2022/PRNewswire/ --ZIM Integrated Shipping Services Ltd.(NYSE: ZIM), a global container liner

It is reported that on the morning of September 1, the hull of TIAN SHENG YOU2 exploded in waters west of Chengshantou report line. The Maritime Safety Administration of the Peoples Republic of China issued an emergency navigation warning:

The technology group Wrtsil will supply the engines, waterjets, and fuel storage and supply system for a new high speed catamaran ferry. The vessel is being built at the Incat yard in Tasmania, Australia on behalf of Argentinian ferry opera

Accelleron Industries AG (formerly ABB Turbocharging), a global leader in high-power turbochargers for mission-critical applications, will host its Capital Markets Day today, August 31, 2022, starting at 11:00 CEST in Baden. Accellerons CEO

Data usage on commercial maritime vessels has jumped more than threefold since 2019, according to new communications analysis that underlines the shipping industrys reliance on digital connectivity to enhance operating efficiency and safegu

Michael Hansen Copenhagen, 31 August 2022:Michael Hansen announced to succeed Lars Petersson as Group President and CEO of world-leading coatings company, Hempel A/S. Michael will step into his new position on 15 October 2022. Michael Hanse

An upward trajectory can be seen in the dirty tanker market on the Aframax A6 time charter equivalent a collection of six global Aframax routes and the Suezmax S2 time charter equivalent indices, which has two global routes (see chart below

Long-term ocean freight rates climbed yet again in August, edging up 4.1% month-on-month to stand 121.2% higher than this time last year. The latest global data, crowd sourced by Oslo-based Xeneta XSIfor its Xeneta Shipping Index appears to

Taipei - Afterreceiving the Innovation Endorsement from ClassNK, Japan last year (2021), U-Mings Fleet Safety Management (FSM) system has received another award, the 2022 International Safety@Sea Award, from the Maritime and Port Authority