SSY, the worlds largest independent shipbroker has today announced the senior appointment of Martin Hestnes, to the newly created role of Offshore Subsea and Projects Manager, effective from 1st September 2024. Martin Hestnes With eighteen y

BHP, together with Pan Pacific Copper (PPC) and Norsepower, completed the retrofit installation of a Norsepower Rotor Sail (NPRS) onboard the M/V Koryu, a combination carrier operated by Nippon Marine (member of the SENKO group and owned by

On July 10, 2024, COSCO SHIPPING Specialized celebrated the naming of its first 7500-vehicle LNG dual-fuel Pure Car and Truck Carrier (PCTC), Liaohekou, in Xiamen, Fujian. This event marks a significant milestone, ushering in a new era of l

Global demand for ocean freight container shipping hit an all-time record in May amid soaring spot rates and severe port congestion. The 15.94m TEU (20-foot equivalent container) transported by ocean in May beats the previous record of 15.7

KR has announced the successful installation of an onboard carbon capture system (OCCS) with purely domestic technology, and it will soon undergo internal verification testing. The project began in April 2023 as a collaborative effort with

Fratelli Cosulich successfully concluded a significant investment, by placing an order for two advanced methanol-ready chemical bunkering tankers with Taizhou Maple Leaf Shipbuilding Co., Ltd. The vessels, two 7,999 DWT IMO2 chemical bunker

The financial impact of FuelEU Maritime is focusing the minds of shipping companies as they face potential penalties for non-compliance with greenhouse gas (GHG) intensity reduction targets - and OceanScore has identified those segments set

X-Press Feeders, the worlds largest independent common carrier, has started Europes first scheduled feeder network in which the vessels are powered by green methanol, a sustainable marine fuel that reduces greenhouse gas emissions by up to

Caption: Berge NeblinaCredit: Berge Bulk and Anemoi Marine Technologies Berge Bulks Berge Neblina, a 388,000 dwt Valemax Ore Carrier, is currently completing its voyage to Brazil following the successful installation of four 5x35m Rotor Sai

I ndian Register of Shipping (IRS) and Indian Institute of Technology Bombay (IIT Bombay) have signed a Memorandum of Understanding (MOU) aimed at advancing maritime safety through the development of a ship trajectory prediction tool. The t

July 7th, the Dalian Municipal Government, Changxing Island Economic Zone Management Committee, and Hengli Group signed the Hengli Heavy Industry (Dalian Changxing Island) Industrial Park Industrial Development Agreement. Under the agreemen

On July 8, 2024, the handover and naming ceremony of the Xin Hongzhuan, an intelligent research and training ship, was grandly held at COSCO Shipping Heavy Industry Co., Ltd. in Dalian. This milestone event was graced by the presence of est

Bing Chen believes that while the shipping industry is currently exploring multiple new energy options, ultimately, it will be all roads leading to one destination. On June 26, during COSCO Shipping Holdings 2024 Global Supply Chain Partner

Global Maritime Consultants Group (GMCG), a Global leader in engineering and consultancy, and ARCHE Energy , a prominent player in Australias energy sector, proudly announces a strategic partnership. This collaboration is aiming to revoluti

Mediterranean Shipping Company (MSC) has secured two 14,000 TEU container ships under construction at Jiangnan Shipyard for a total of $333 million. These vessels were originally ordered by Chinas BAL Container Line Co., Ltd. (BAL). The tran