HyAxiom Inc., a leading global fuel cell and hydrogen solutions provider, today signed an agreement with Shell Plc (NYSE:SHEL) and other parties to power a deep-sea liquefied natural gas carrier with a HyAxiom-developed solid oxide fuel cel

Falling container freight rates may pose near-term asset quality and residual value risk to some Chinese leasing companies that have higher exposure to container ships, but the impact should be modest due to their diversified portfolio mixe

In the third quarter 2022, Hong Kongs Orien Overseas Container Line saw revenue increase by 16.9% to US$5.04bn, compared to the same period in 2021. The surge in revenue was in contrast to a 3.4% fall in loadings and 1.8% drop in loadable c

The Singapore Maritime Institute (SMI) successfully held the 12thEdition of the SMI Forum at the Orchard Hotel today. Themed Digitalisation and Artificial Intelligence: Sparking the Maritime Sector, the events Guest-of-Honour was Mr Chee Ho

Bidding Announcement Entrusted by the transferor (the Sellers)，we have scheduled to hold a public bidding online（www.shipbid.net）from 17:00 to 17:30 (Beijing Time) on November 03rd, 2022. 1. Bidding Object: MVGO PEGASUS（EX. NAMEBOKA

On October 10, COSCO SHIPPING Holdings released an expected growth announcement for the first three quarters of 2022. The companys net profit attributable to shareholders of listed companies in the first three quarters of 2022 will be appro

Top Chinese yard group now able to offer wind propulsion options Landmark agreement to accelerate decarbonisation of shipping Anemoi Marine Technologies, a UK provider of Rotor Sails to the shipping industry, has reached an agreement with C

Paris October 10th, 2022.GTT has signed a Technical Assistance and License Agreement with China Merchants Heavy Industries-Jiangsu (CMHI-Jiangsu), a subsidiary of China Merchants Industry Holdings (CMI), one of the three leading shipbuildin

The Baltic Exchanges main sea freight index (.BADI) fell on Monday, pressured by a dip in the capesize and panamax vessel segments. The overall index, which factors in rates for capesize, panamax, and supramax shipping vessels, was down 17

London, 10October 2022.Dedicated newbuild contracting by regional Mediterranean owners will have to increase in the coming years to replace ageing vessels removed from the fleet as progressively tighter environmental regulations come into f

Alfa Laval has signed a partnership agreement with Cepsa, a leading international energy company committed to sustainable mobility and energy, to support the work to reduce CO\2\ emissions. During the three-year agreement period, Alfa Laval

As the shipping industry continues its journey to decarbonisation, our 2022 Alternative Fuels member survey reveals the current state of play, and the challenges members face as we look towards the IMOs 2030 and 2050 deadlines. In this, the

Suez Canal revenues increased in the third quarter of this year by 23.5 percent year-on-year to hit $2.1 billion the highest figure ever recorded, official data has revealed. This increase is supported by the unprecedented jump in revenues

The Capesize market inched higher this week as increased activity continues to lift expectations with the 5TC closing at $19,874, up 3,660 over the week. The Atlantic remains the more optimistic region. However, closing the week it looks li

Turbo SmartCare utilizesoperational data to re-invent turbocharger service agreements for medium-speed, four-stroke engine turbochargers. Data-led servicing enables optimized turbocharger maintenance for more flexibility,enhanced OPEX and p