The global autonomous ships industry is expected to generate $134.9 billion by 2030, witnessing a CAGR of 4.4% from 2020 to 2030.This projection is premised on an increase in demand for cargo transportation from marines and surge in operational…
Proman Shipping AG and Stena Bulk AB announced a new Joint Venture partnership for 50/50 ownership of two long term time-chartered ships, under the name ‘Proman Stena Bulk Limited’.
Maersk completed its first import shipment to Sambalpur from the Inland Container Depot (ICD) in Jharsuguda (Odisha). The shipment carrying 80 TEUs was delivered to Shyam Metalics. Whilst a few of the top customers in the region have already…
A new exhibition, Nordic Maritime Expo 2020, is set to take place in Turku, Finland, January 22-23, 2020.Billed as a presentation of the latest digital and clean tech ideas, Finland touts itself as the heart of global digitalization and green technical developments…
BHP’s Maritime and Supply Chain Excellence team and Klaveness Digital have partnered to develop CargoValue, a shipping and logistics platform, to improve the way the industry collaborates and shares scheduling and vessel information.The concept…
Pangaea Logistics Solutionsexpanded its order for high ice class post-panamax dry bulk 95,000 dwt. vessels at Guangzhou Shipyard International (GSI) from two to four vessels.The four ships, two for delivery in April and May 2021 and two for delivery in November 2021…
Hapag-Lloyd Cruises has announced that from July 2020 its global fleet will no longer burn heavy fuel oil (HFO) and instead run exclusively on marine gas oil with a maximum sulfur content of 0.1 % (LS-MGO).'In doing so, the company will cut…
Yara, a Norwegian based scrubber supplier announced a change of leadership as Dr. Thomas Koniordos was introduced as the company’s new CEO. Koniordos, who up until September 18, served as Yara’s Head of Environmental Solutions, and also as Chairman of the Yara Marine Board…
Ship Management company Minerva Marine intends to invest in one of the latest industry digital technology solutions for the real-time monitoring of its fleet. RINACube, RINA’s digital platform, will be deployed on Minerva’s fleet, to enhance operational efficiency and effectiveness by enabling…
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, posted its sixth consecutive fall on Wednesday, hurt by declining demand for the panamax vessel segment.* The Baltic index, which reflects rates for capesize…
ZEAMARINE said Chad Call will succeed Michael Dumas as Chief Financial Officer with immediate effect. An experienced financial executive, Chad Call has nearly a decade of financial leadership experience within the maritime industry, most recently serving as Vice President of Finance for ZEAMARINE…
Short-sea RoRo company UECC has confirmed an option with China Ship Building Trading Co., Ltd and Jiangnan Shipyard Group Co. Ltd. for a third hybrid-battery LNG vessel, this time for use on UECC’s Atlantic short-sea trade routes.“This order is another step in our commitment to cleaner shipping…
Bernhard Schulte Shipmanagement (BSM) announced the launch of its LiveFleet mobile app, available on iOS and Android.Developed in partnership with software experts at MariApps Marine Solutions, also member of the Schulte Group, LiveFleet is…
Golar LNG Limited said that, after almost 20 years of service with the Golar group Graham Robjohns has decided to step down from his position as Chief Financial Officer. In order to facilitate a smooth transition, Robjohns will remain in his current position until April 30…
The Port Commission of the Port of Houston Authority has approved a proposal that PHA acquires three new neo-Panamax electric cranes for Bayport Container Terminal in a $35 million contractThe cranes will be deployed at Wharf No. 5 of the container…