The Baltic Exchanges dry bulk sea freight index advanced on Wednesday, steered by gains in the capesize and supramax vessel segments. The overall index, which factors in rates for capesize, panamax and supramax vessels, gained 71 points, or

Nor-Shipping 2022 has moved swiftly to reiterate its commitment to running a safe, secure and optimal environment for business and networking in line with the very latest coronavirus restrictions. New, temporary national restrictions in Nor

When building frigates for close combat, the selection of the filtration system for the engine turbines may not seem the most vital aspect, but is essential for reliable operation and to enable the ship to respond swiftly. The Italian and,

A global survey published by Container xChange today shows that majority of the container logistics industry (75%) is rethinking its logistics strategy in the next year. The survey results indicate that the industry is expecting gloomy time

The container shortage that recently beset China has gradually eased amid multiple measures taken by government organs and businesses to boost supply and ensure the smooth flow of goods, official data showed. Cargo throughput at Chinas port

On December 7, China Development Bank Leasing announced that it would buy nine product/chemical tankers at a cost of 172 million US dollars (about 1.095 billion yuan). Vendors are TORM Singapore Pte. Ltd and Vesselco 10 Pte. Ltd, which are

Have a classroom learning experience any time, from anywhere, using the most realistic and immersive learning technologies in maritime. Overview Take your training to the next level with Wrtsil Voyages award-winning cloud simulation solutio

Lloyds Register (LR) has launched an Artificial Intelligence (AI) Register , a standardised digital register of LR certified AI providers and solutions, a first of its kind for the maritime industry. AI technology, the engineered systems th

Maritime classification society the American Bureau of Shipping (ABS) has granted Alfa Laval the first marine approval for operating boilers on methanol. Alfa Laval received an approval in principle (AIP) on 4 November 2021, based on extens

The liability of a ship manager may not always arise from negligent performance of their services, ITIC (International Transport Intermediaries Club) is often asked to provide expert assistance as a recent case demonstrates. Back in 2012 a

Global, sector-focused law firm has helped shipping association BIMCO draft a series of clauses in response to strict new environmental legislation that will seek to reduce the industrys carbon emissions and which will change the way ships

Aquila Power Catamarans announces two models to their brand-new offshore line. The Aquila 28 Molokai Power Catamaran and the Aquila 28 Molokai Cuddy Power Catamaran will debut with a digital World Premier, going live on YouTube at 10:00 AM

Volvo Penta announces an advanced, hybrid solution for Hurtigruten Svalbards new sightseeing vessel, which will begin a pilot test in Svalbard in May 2022. The near-silent vessel has the potential to transform the sustainable tourism indust

On December 6, with the approval of the State Council, China Logistics Group was formally established. It is the largest logistics company in China and also a milestone in the history of Chinas logistics industry, opening a new chapter in b

On December 6, CDB Leasing announced that the companys five wholly-owned SPV companies entered into a ship sale and purchase agreement with the seller. According to the announcement, the buyer agreed to purchase five MR product tankers at a