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

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

Fast-growing Scottish maritime technology company RAB-Microfluidics, is scaling up manufacturing of a disruptive new oil analysis device after receiving 2.2million in equity funding led by Par Equity. Aberdeen headquartered RAB Microfluidic

China Merchants Energy Shipping released the 2022 semi-annual report on August 30. In the first half of the year, the operating income was 13.727 billion yuan, a year-on-year increase of 32.25%. The net profit attributable to shareholders o

As a parallel event to the world renown trade fair WindEnergy Hamburg, the four-day H2EXPO CONFERENCE will be addressing everything important about the energy carrier of the future, green hydrogen. From September 27th to 30th, in addition t

Service is the lifeblood of the ballast water treatment sector and is vital to keep ships running, says Optimarins Vice President Services Arild Stlen. Having a well-functioning ballast water treatment system (BWTS) installed onboard has no

Copenhagen, Denmark - Today, A.P. Moller - Maersk (Maersk) announces the completion of its acquisition of LF Logistics, a Hong Kong-based contract logistics company, with premium capabilities within omnichannel fulfilment services, e-commer

On August 29, China Council for the Promotion of International Trade (CCPIT) at a press conference in response to the question whether the problems reported by foreign trade enterprises, such as the increase in shipping prices and the short

On August 30, 2022, COSCO SHIPPING Holdings announced its half-year results for the six months ended June 30, 2022. The company achieved the Earnings Before Interest and Tax(EBIT) of RMB 95.308 billion, a year-on-year increase of 92.20%, le

(FILES) This file photo taken early on July 1, 1997 shows Chinese President Jiang Zemin addressing delegates following the raising of the Chinese (2nd L) and Hong Kong SAR flags (L) following the former British colonys handover to Chinese r

The Baltic Exchanges main sea freight index fell for a fourth straight session on Tuesday on weakness across vessel segments, with the panamax segment falling by the most in over eight months. The overall index, which factors in rates for c

Oslo, 30 August 2022. An industrial scale concept for a floating production unit to produce green ammonia at sea has secured Approval in Principle (AiP) from DNV, affirming the technical feasibility of the design. The so-called P2XFloater c

Enhancing Maritime Safety Through Collaboration, Connectivity and Technology International Safety@Sea Week 2022 features 8 sessions focused on safety at sea The Maritime and Port Authority of Singapore (MPA) is organising the 9th edition of