By agreeing to an additional voluntary production cut within OPEC (Organization of the Petroleum Exporting Countries) of 500,000 barrels per day in May and announcing a further independent production cut of 1,000,000 barrels per day in July

On the Day of the Seafarer 2023, Wallem would like to express its gratitude to the many talented men and women worldwide whose unwavering commitment to their profession helps to keep ships sailing and goods moving. John-Kaare Aune Of course

In a significant move signaling our commitment to sustainable maritime operations, we are thrilled to announce the addition of 6 Pure Car and Truck Carrier (PCTC) vessels to our fleet. The order was officially placed on June 15, 2023, with

Leading classification society DNV and China State Shipbuilding Corporation (CSSC), the worlds leading shipbuilding group, have established a Future Ship Joint Innovation Centre in Shanghai. The Centre will allow both companies to cooperate

Shipping companies need an integrated approach to solve their operational challenges with unified digital solutions that deliver value creation without disrupting existing business processes, according to OrbitMIs newly appointed Regional D

At the opening of the 5thAsia Pacific Coral Reef Symposium, organized by the National University of Singapore (NUS) and supported by National Parks Board (NParks), NParks announced a new series of partnerships and projects to support marine

The freight rate of the America routes continue to adjust, and the composite index continues to fall Ningbo Containerized Freight Index: In the week ending Jun-16, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange

[LONG WEI / FOR CHINA DAILY] Having maintained their leading market share position for more than 13 years, Chinese shipbuilders are continuing to pursue quality development of high-value-added vessels, industry experts said. China remains t

Monday 19 June, London/New York: Speaking at the UN Headquarters today, the International Chamber of Shipping (ICS) has welcomed the adoption of the landmark High Seas Treaty. This follows thesignificant breakthrough in March 2023 when near

Genoa, 19 June 2023- Brittany Ferries, the ferry company connecting France, the UK, Spain and Ireland has selected RINAs SERTICA as its new fleet management system. The move aligns Brittany Ferries with leading ferry companies operating in

19 June 2023, London, Paris, Singapore (8.01am, SGT): Momentum for the Clean Energy Marine Hubs (CEM Hubs) continues to grow with the Global Centre for Maritime Decarbonisation (GCMD) joining the initiative which aims to advance the product

More With Less As the US oil sector recoversfrom several challenging years, attention has been turning to US oil rig counts as a barometer of the health and productive capacity of the US oil industry. Even before the pandemic, the US oil ri

SINGAPORE, 16June 2023 Strategic Marines StratCat 27 (SC27) Crew Transfer Vessels (CTVs) with hybrid-ready capabilities are winning increasing recognition, as more orders roll in from European customers, including the latest order from lead

Indian Register of Shipping announced that two new vessels for the Indian Navy, the last of the series of four Survey Vessels (Large) [SV(L)], INS Sanshodak, and the third in the series of eight Anti-Submarine Warfare Shallow Water Craft [A

Helsinki (Finland), 15th June 2023: NAPA, the leading provider of maritime software, services, and data analysis, and China Classification Society (CCS) , the worldwide main class and an active member in the International Association of Cla