It is finally here. Maersk introduced the design of eight groundbreaking and industry-leading 16,000 TEU container vessels powered by carbon-neutral methanol. When designing these, Maersks ambition was to make sure the new vessels could ser

The Baltic Exchanges dry bulk sea freight index ended a 10-session winning streak on Thursday, as rates of the larger segments, capesize and panamax, vessel fell. The overall index, which factors in rates for capesize, panamax and supramax

Silverstream Technologies was founded over a decade ago, with the aim of creating a truly unique, radical and innovative clean technology to significantly reduce emissions across the shipping industrys global fleet. The Silverstream System,

Dominik Schneiter, Vice President Research Development [Photo:PR/WinGD] Swiss based marine engine technology developer WinGD has published a new white paper outlining the steps it believes will enable deep-sea shipping to decarbonize in lin

Volvo Penta and Danfoss Editron division have signed a partnership agreement that will drive the transformation towards sustainable power solutions within the marine industry. The two companies share a visionary mindset to take the marine s

On December 8, China Merchants Jinling Shipyard (Weihai) and Hong Kong Jinhai Shipping held a signing ceremony for the delivery of the 6500DWT chemical tanker KING BAY. The ship KING BAY is 116 meters long, 17.6 meters wide, 8.9 meters deep

The House today passed HR 4996 without proper debate or committee process.The bill is a political statement of frustration with supply chain challenges frustrations that ocean carriers share. The problem is that the bill is not designed to

Photo: PR/Xeneta Xeneta , the leading ocean and air freight rate benchmarking, market analytics platform and Compass Financial Technologies ,the major financial index provider for alternative asset classes, announced today the launch of the

Nor-Shipping 2022 has released details of the four vessels on the shortlist for its coveted Next Generation Ship Award. The prize, to be awarded on 10 January at Nor-Shippings Opening Ceremony in Oslo City Hall, is always a highlight of You

VARD, one of the worlds major designers and shipbuilders of specialized vessels, announced that it has secured a new contract for the design and construction of one Service Operation Vessels (SOV) for North Star Group in the UK. The vessel

CMA CGM Group, a world leader in shipping and logistics, and Ingram Micro have signed a Share and Asset Purchase Agreement for the CMA CGM Group to acquire most of Ingram Micros Commerce Lifecycle Services activities (CLS), including Shipwi

A China Suntien Green Energy subsidiary will sign a sale and purchase deal with Qatar Liquefied Gas for 1 million mt/year of LNG for 15 years, the Hong Kong- and Shanghai-listed company said Dec. 8. The contract between ST International Nat

On December 6, Nantong CIMC Sinopacific Offshore Engineering successfully delivered the worlds first 5000 m3 dual-fuel full-pressure LPG carrier to Hartmann Group. The ship is the first of three 5000 m3 full-pressure LPG series carriers. It

China Harbour Engineering Company (CHEC) said on its WeChat public account on Tuesday that it has won a bid to build the east terminal at Colombo Port, which aims to boost throughput and the ports role as a transshipment hub in South Asia.

Shandong Port Group (SPG) announced its green and low-carbon development plan for the 14th Five-Year Plan period (2021-25) at a news conference held in early June in Qingdao, East Chinas Shandong province. In 2020, SPG was selected as the c