News Flash
US East Coast, Gulf Coast port workers union to resume contract talks in November
Categories: News Flash
Date: Oct 28, 2024
The union representing 45,000 East Coast and Gulf Coast dockworkers and a group representing employe...
Latin America-Caribbean shipping struggles amid geopolitical and climate crises
Categories: News Flash
Date: Oct 28, 2024
UNCTAD’s Review of Maritime Transport 2024 reveals severe challenges facing the maritime sector in...
Asia-US container rates fall as carriers eye blank sailings to keep floor on prices
Categories: News Flash
Date: Oct 28, 2024
Rates for shipping containers from east Asia and China to the US fell this week, but carriers have a...
Maritime LEO Networks
Categories: News Flash
Date: Oct 28, 2024
Maritime communications came a long way before they could deliver the first Global Maritime Distress...
Carbon emissions in ocean container shipping hits record high
Categories: News Flash
Date: Oct 28, 2024
The ongoing impact of conflict in the Red Sea, spiraling freight rates and congestion across global ...
Winds of change: Giant cargo sailboats and propulsion technology are transforming the high seas
Categories: News Flash
Date: Oct 28, 2024
Serge Picard knew next to nothing about sailboats, beyond having mucked around in one at a summer ca...
Shipping is Entering the Fifth Industrial Revolution, Says ABS Chairman and CEO
Categories: News Flash
Date: Oct 26, 2024
“Maritime 5.0 will be defined by the ever-expanding capabilities of artificial intelligence, drivi...
Diana Shipping Inc. Announces Signing of a US$80.2 million Amended and Restated Loan Facility Agreement with Danish Ship Finance A/S to Refinance its Existing Term Loan Facility with the Bank
Categories: News Flash
Date: Oct 26, 2024
ATHENS, GREECE, October 21, 2024 – Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global ...
TEN Ltd. Receives Tanker Operator of the Year Award at the 2024 Tanker Shipping & Trade Awards
Categories: News Flash
Date: Oct 26, 2024
TEN Ltd.(“TEN”) (NYSE:TEN)(the “Company”), a leading diversified crude, product and LNG tank...
MHI-MME Licenses Manufacturing and Sale of MET Turbochargers to Leading Chinese Marine Machinery Manufacturer
Categories: News Flash
Date: Oct 26, 2024
Mitsubishi Heavy Industries Marine Machinery and Equipment Co., Ltd (MHI-MME), a part of Mitsubishi ...
TwinShip project aims to improve access to reliable data for aiding in shipping decarbonisation
Categories: News Flash
Date: Oct 26, 2024
A consortium, including technology group Wärtsilä, will develop a new system for the maritime indu...
Bureau Veritas calls for greater regulatory clarity on Wind Propulsion Technology following the release of new technology report
Categories: News Flash
Date: Oct 26, 2024
Bureau Veritas Marine & Offshore (BV), a global leader in testing, inspection, and certificati...
PSA unboXed Collaborates with Amperesand on Solid-state Transformer Technology Trials for Sustainable Electrification at Singapore’s Port
Categories: News Flash
Date: Oct 26, 2024
PSA unboXed, the external innovation and corporate venture capital arm of PSA International (PSA), a...
GEODIS Secures Supply Chain Innovator and Seafreight Partner of the Year at the Supply Chain Asia Awards 2024
Categories: News Flash
Date: Oct 26, 2024
GEODIS has been recognised at the 2024 Supply Chain Asia Awards for their outstanding achievements, ...
XPO Named One of America’s Most Reliable Companies for 2025 by Newsweek
Categories: News Flash
Date: Oct 26, 2024
XPO (NYSE: XPO), a leading provider of freight transportation in North America, has been named one ...
LR signs MoU with Robban Assafina to expand training in MEA region
Categories: News Flash
Date: Oct 26, 2024
Lloyd’s Register (LR) and Middle-Eastern maritime media and training provider Robban Assafina ha...
OOCL Signs Charter Agreements with Seaspan for Six New 13,000 TEU Container Vessels
Categories: News Flash
Date: Oct 25, 2024
Orient Overseas Container Lines (“OOCL”) entered into charter agreements on 22 October 2024 with...
Ahti Pool’s vessels under management reaches ~200 with Van Weelde Shipping Group’s LOI
Categories: News Flash
Date: Oct 25, 2024
The Van Weelde Shipping Group, owners of the dry cargo fleet managed by Orient Shipping Rotterdam (O...
“K” LINE to trial Inmarsat Maritime’s new bonded network service NexusWave on “K” LINE’s fleet
Categories: News Flash
Date: Oct 25, 2024
Kawasaki Kisen Kaisha, Ltd. (“K” LINE) and Inmarsat Maritime, a Viasat company, are pleased to a...
TwinShip project aims to improve access to reliable data for aiding in shipping decarbonization
Categories: News Flash
Date: Oct 25, 2024
A consortium, including technology group Wärtsilä, will develop a new system for the maritime indu...
Carbon Ridge Closes $9.5M Investment to Accelerate Decarbonization of the Maritime Shipping Industry
Categories: News Flash
Date: Oct 25, 2024
Carbon Ridge, Inc., a leading developer of modular onboard carbon capture & storage solutions fo...
Panama establishes legal framework to revoke registration and licenses of vessels on international sanctions lists
Categories: News Flash
Date: Oct 25, 2024
The Panama Maritime Authority (PMA) has introduced a legal mechanism enabling the immediate revocati...
Hapag-Lloyd raises its earnings outlook for the current financial year and publishes preliminary earnings figures for the first nine months of 2024
Categories: News Flash
Date: Oct 25, 2024
Based on preliminary and unaudited figures, Hapag-Lloyd AG achieved a Group EBITDA of approximately ...
Asia Fuel Oil-Benchmarks strengthen despite inventory builds
Categories: News Flash
Date: Oct 25, 2024
Fuel oil benchmarks climbed in Asia on Thursday, with spot cargo bids trending higher for November a...
Singapore’s marine biodiesel trial key to net-zero goals, but challenges linger
Categories: News Flash
Date: Oct 25, 2024
The recent marine decarbonization agreement between Pinnacle Marine and Singapore’s maritime resea...
Baltic index falls as all vessel segments decline
Categories: News Flash
Date: Oct 25, 2024
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk c...
Carbon Ridge Closes $9.5M Investment to Accelerate Decarbonization of the Maritime Shipping Industry
Categories: News Flash
Date: Oct 24, 2024
Carbon Ridge, Inc., a leading developer of modular onboard carbon capture & storage solutions fo...
UK satellites to boost maritime security on track for 2025 launch
Categories: News Flash
Date: Oct 24, 2024
A satellite developed by the UK business Horizon Technologies has successfully completed its Critica...
Post-MEPC 82: adapting regulations to reality
Categories: News Flash
Date: Oct 24, 2024
The Marine Environment Protection Committee’s 82nd meeting (MEPC 82), held shortly after the imple...
MAN Engines expands engine portfolio for marine applications in EU Stage V with 30-litre MAN D3872 engine
Categories: News Flash
Date: Oct 24, 2024
In the course of the market launch of the MAN D3872 for workboats, MAN Engines is expanding its port...
Kongsberg Maritime secures 800 million NOK contract from Fujian Mawei Shipbuilding in China for ten Capital Offshore new build Platform Supply Vessels.
Categories: News Flash
Date: Oct 24, 2024
The contract win, worth NOK 800 million or nearly $73.3 million, which was secured with China’s F...
CMA CGM Group and SUEZ sign a memorandum of understanding to develop the production of biomethane in Europe and the low-carbon transition of maritime transport
Categories: News Flash
Date: Oct 24, 2024
CMA CGM Group, a global player in maritime, land, air and logistics solutions, and SUEZ, a world lea...