Scorpio Tankers Inc. (“Scorpio Tankers,” or the “Company”) received a commitment to sell and leaseback three MR product tankers (STI Memphis, STI Soho, and STI Osceola) […]
Debut contract with Dutch luxury yacht builder Oceanco on Azipod technology installation project paves the way for broader cooperation on sustainable electric propulsion in a market […]
Damen Shipyards Group has completed construction and outfitting of a diving bell ship for client FMSW Koblenz (Department Machinery Southwest) / operator WSA Rhine (Waterways and […]
The Port of Singapore stood resilient in 2020 despite the COVID-19 pandemic. Singapore’s container throughput in 2020 remained relatively stable with total container throughput standing at […]
Earlier last year, a ship loaded with explosive ammonium nitrate cargo discharged the cargo in Beirut, which blasted at Beirut port rocking the city for hours […]
After delivering a hybrid ferry, ‘Gaarden’, in July 2020 and a fully electric ferry, ‘Düsternbrook’, that will be entering operations shortly, Holland Shipyards Group has signed […]
Shell Marine has been awarded a multi-year contract to provide marine lubricants to cruise line operator Carnival Corporation’s global fleet of 89 ships. Carnival will also […]
NYK will participate in the design, development and engineering work of a floating LNG storage and regasification power generation facility (FSRP)* planned near Lae, the capital […]
Mitsui O.S.K. Lines, Ltd. (MOL) has agreed with Mitsui E&S Machinery, Ltd. (Mitsui E&S Machinery) to commence joint study to introduce Hydrogen fuel port cargo handling […]
The Container market has seen an unprecedented increase in rates since the end of 2020. Container 1 year TC rates have surged to extraordinarily new highs […]
Foss Maritime, a leading maritime transportation and logistics provider based in Seattle, has selected Sea Machines Robotics’ SM300 autonomous command and -control system for use aboard […]
Reefer container freight rates have risen sharply this year but remain far outgunned by the inexorable rise in dry box pricing, according to Drewry’s newly launched […]
The International Maritime Organisation’s 2020 global sulphur limit for marine fuel oil has been in force for more than a year. BIMCO, The International Chamber of […]
The global shipping industry has been facing unprecedented turmoil as crew shortages rock the industry as India reels under the second wave of the pandemic. Countries […]
A wide-ranging set of guidance has been issued to help enterprises using shipping services to protect the human rights of seafarers, as hundred of thousands are […]
Kawasaki Heavy Industries has developed the world’s largest volume (40,000m 3 class/1 unit) cargo storage facility (CCS: cargo containment system) to be mounted on a large […]