USA-based manufacturer Advanced Polymer Coatings (APC) is announcing a series of new chemical tanker deals in Turkey, one of its biggest exports markets. Avon, Ohio headquartered APC is set to begin work this month supplying its MarineLINE

The Baltic Exchanges main sea freight index rose on Monday, snapping a 10-session losing streak, as capesize rates logged their best day in more than three weeks. The overall index, which factors in rates for capesize, panamax, and supramax

Alfa Laval has signed an agreement to acquire BunkerMetric, a Scandinavian software company that develops advanced decision support tools for marine bunker vessels. The acquisition is part of Alfa Lavals strategy to expand its digital marin

Leading private equity firm Montagu has announced an agreement to acquire Maritime Intelligence, commonly known as Lloyds List Intelligence, from Informa Plc. MONTAGU, a private equity firm, has announced a deal to acquire Lloyds List Intel

On August 7, Yangzijiang Shipbuilding Group released its financial report for the first half of 2022. According to the announcement, in the first half of 2022: The groups revenue increased by 70% to RMB 9.7 billion compared with the same pe

On August 4, Dalian Shipbuilding Industry and COSCO Shipping Energy Transportations concept design of VLCC and Suezmax tanker with CO2 capture and storage system clinched the AIP certificate issued by CCS, DNV and ABS. The opinions expresse

Headwinds Tailwinds Bearish economic news has recently dominated headlines, increasing fears of a global recession. According to SP Global, Eurozone manufacturing activity contracted in July, with the Purchasing Managers Index (PMI), the le

Copenhagen, Denmark: Today, A.P. Moller - Maersk (Maersk) has reached an agreement to acquire Martin Bencher Group, a Denmark-based project logistics company with premium capabilities within non-containerised project logistics. Martin Bench

China has made multiple technological breakthroughs in the marine industry this year, and the countrys ports posted smooth operation in July with steady throughput growths. China StateShipping Corporation (CSSC) delivered the worlds first L

Recently, the carbon capture and storage system （CCS） independently developed by Headway Technology Group (Qingdao) Co., Ltd. obtained the Approval of Principle (AIP) certificate officially issued by the DNV Classification Society, and

Recently, Headways Carbon Capture and Storage System clinched the AiP certificate issued by RINA. Headway is the first Chinese CCS manufacturer to obtain such a certificate, and this milestone states another major recognition of the indepen

WinGDs X92-B engine, the biggest and most powerful two-stroke engine, has successfully passed its upgrade Type Approval Test (TAT) at engine builder HHI-EMD in Korea. Eight major classification societies were in attendance. The upgrade TAT

RightShip, one of the worlds leading ESG focused digital maritime platforms, today announced the acquisition of Thynk Softwares maritime tech business. Thynks Founder and CEO, Marlon Grech and around 30 of his colleagues will join RightShip

French UV-C water treatment specialist BIO-UV Group has received an order to supply a low-flow BIO-SEA L-Series ballast water treatment system for retrofit installation to the 1268gt expedition vesselQuest. The 49m long, 60-passenger capaci

Hamburg, Germany, 4 August 2022: As the shipping world enters peak season shipping, freight forwarders and shippers are concerned about the geopolitical risks that will knock as tensions between China and Taiwan increase soon after the US H