The worlds largest multipurpose heavy lift vessel, the Pilecki, debuted on Thursday, transporting Chinese vaccine production equipment from Shanghai to Morocco to assist Africa in battling COVID-19. The mission is a joint project of the Chi

The Maritime and Port Authority of Singapore is encouraging marine fuel buyers to request additional testing to rule out quality issues that have plagued supplies at the worlds largest bunkering port in recent months, the regulator said in

Supply and demand were basically stable, and the composite index rose slightly Ningbo Containerized Freight Index: In the week ending Apr-29, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE) quotes 3403.1

Maritime satellite communications are evolving to serve the ever-increasing data demands of a digitally maturing shipping industry The twin trends towards decarbonisation and digitalisation in shipping are driving an exponential increase in

As shipping looks to new fuels and power sources to reduce emissions, ship power will no doubt look very different in the years ahead. But for most vessels, one thing will remain constant; the engine will be the heart of the power system. W

Impacts to trade flows seen from geopolitical fallout of Russias invasion of Ukraine are expected to have long-lasting bullish effects in the tanker market, tanker owner International Seaways said May 4. We anticipate permanent changes to o

Redefining Refining In recent weeks, headline refining margins have surged to record levels, whilst clean tanker rates have also tested or exceeded previous records depending on the region/route. Rates remain volatile and with the Internati

On April 29, COSCO SHIPPING Holdings released its results for the first quarter of 2022. In the first quarter of this year, the company achieved operating income of 105.53 billion yuan, a year-on-year increase of 62.75%; Net profit attribut

As an enabler in the marine industrys transition to green methanol as fuel, Alfa Laval becomed a member of the Methanol Institute. Founded in 1989, the Methanol Institute serves as theglobal trade association for the methanol industry, repr

Survival Technology solutions provider Survitec has secured a contract to supply advanced fire-fighting systems to a pair of 48,000grt LNG dual-fuelled eco ferries under construction at Finlands Rauma Marine Constructions (RMC) for Australi

In the ninth edition of the WindEnergy trend:index, the wind power market received positive ratings for all regions; respondents believe the Ukraine war will only have a short-lived negative impact if any. While the markets in Europe, Asia

A pioneering joint development project (JDP) to advance carbon-reduction technologies between ABS and Hyundai Heavy Industries Group (HHI Group) has taken a significant step forward by securing Approval in Principle (AIP). ABS has awarded A

C-Job Naval Architects have designed a brand new class of liquid hydrogen tanker that will revolutionize the renewable energy market. The tanker concept, developed in partnership with LH2 Europe, is a critical element in realising a green e

The Poseidon Principles for Marine Insurance are a global framework for measuring and publicly reporting the climate alignment of insurers hull and machinery portfolios. With the number of its Signatories reaching and surpassing the thresho

Consolidation has long been predicted in the mutual PI sector, but the proposed merger of marine insurance majors North PI and the Standard Club has still taken many by surprise. Both mutuals have laid out a timetable to combine forces, wit