MPA joins other cross-industry partners in green corridor cluster initiative that will trial decarbonising strategies for the container trade The Maritime and Port Authority of Singapore (MPA) and Lloyds Register Maritime Decarbonisation Hu

Image: Michael Jrgensen, Managing Director of MaruKlav and Kobayashi Masashi, Business Investment - Ship Dept. at Marubeni (former Deputy Managing Director of MaruKlav) Partnering up is the avenue of growth and earnings for Panamax Owners!

[Photo: Marubeni] Tel Aviv-based maritime technology company has inked a key partnership agreement with Japans Marubeni Corporation for sales of its AI-powered situational awareness platform. Orca AI, the leading situational awareness solut

Swiss marine power company WinGD, announces a change in its leadership position. After five years at the helm, the current CEO of WinGD, Klaus Heim, has informed the Board of Directors that he decided to step down as CEO. During his tenure

Singapore, 4 July 2023 The Global Centre for Maritime Decarbonisation (GCMD) and Nippon Yusen Kabushiki Kaisha (NYK) announced today the signing of a five-year Strategic Partnership agreement. This significant partnership further boosts the

COSCO Shipping has released its 2023 first-half financial forecast on July 3, saying the Companys EBIT for the first half of 2023 was approximately RMB24,690 million, representing a decrease of approximately 74.10% y-o-y. The net profit was

On 23 June 2023 the EU Council adopted the 11th package of economic sanctions against Russia to prevent theircircumvention and furthererode Russias revenues. The most notable measures are summarised below. STS transfers and AIS manipulation

Actual freight rates and FFAs for 5TC Capesize routes since beginning of May Its been a mixed week across the various shipping sectors. In the Capesize market, there was a slow start, but rates picked up later in the week, especially in the

The transport sector is about to embark on a transformative journey towards diversity and equity with the official launch of the Women in Transport Equity Index survey. This groundbreaking initiative, introduced at the Women in Transport An

3 July 2023, Hamburg As around 7500dock workers representing the International Longshore and Warehouse Union (ILWU) continue with the third day of strike, thereby impacting the two key gateways of international trade Port of Vancouver and P

3 July 2023:International Support Vessel Owners Association (ISOA)has announced the appointment of Jan-Piet Baars as the associations new Secretary. Jan-Piet has experience in the offshore support vessel sector previously working in senior

Capesize Throughout the week, the Capesize market experienced mixed dynamics. Monday began with a relatively active start as the major players fixed cargoes from West Australia to China, alongside tender and operator cargoes. However, rates

[Photo/Weibo account of Yantai TV] HARBIN, July 3 (Xinhua) -- Departing from east Chinas Shandong Province, an intelligent research vessel named Haitun 1 started its maiden voyage on Friday. Developed by the Harbin Engineering University in

Leading maritime systems and services provider Elcome International has established a new office in Vancouver, Canada, to meet growing demand for its services across the country and the broader North American continent. The Vancouver facili

The Final Countdown The long-awaited massive 650kbd Dangote refinery in Nigeria was inagurated in late May, following years of delays caused by logistical problems and pandemic related disruptions. The refinery is expected to begin operatio