Latest News - page 128

 

Baltic Index dragged lower across all sectors

Jan 15, 2025

The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, inched lower for a second consecutive session on Wednesday, dragged down by weaker rates across all vessels.The index .BADI, which factors in rates for capesize…

AAPA Announces Policy Agenda for America’s Ports

Jan 15, 2025

The American Association of Port Authorities (AAPA), the unified voice of our nation’s seaports, today released their policy agenda for the 119th Congress and the incoming Donald J. Trump Administration to revitalize America’s ports, keep America safe and secure…

DNV Class Notations for Safer Autonomous Shipping

Jan 15, 2025

DNV has launched a new family of class notations, Autonomous and Remotely Operated Ships (AROS), providing a framework for how autoremote vessels can achieve equivalent or higher safety compared to conventional vessels.Autonomous shipping, ranging…

Svitzer Orders Another Battery-Powered Tug

Jan 15, 2025

Svitzer, a global towage and marine services provider, today announced it has ordered another battery-powered tug to add to its fleet.The tug will be used in the Øresund Strait between Denmark and Sweden. It will also contribute to achieving…

New Helicopter Ops Guide Released by ICS

Jan 15, 2025

International Chamber of Shipping (ICS) Publications is proud to announce the release of the sixth edition of the ICS Guide to Helicopter/Ship Operations, an essential resource that has been setting the standard for safe and efficient helicopter/ship interactions for almost 50 years…

BIO-UV Group's TECH for Myriad on Board Streams

Jan 15, 2025

Tapping into its 35-year experience of treating municipal, residential, and industrial waters shoreside, France-headquartered BIO-UV Group has introduced a range of innovative solutions for treating more water streams onboard vessels.With its sights firmly on the cruise and ferry markets…

WSP-Led Partnership Secures Baltimore Bridge Rebuilding Contract

Jan 15, 2025

Maryland Transportation Authority selected Bridging Maryland Partnership as its general engineering consultant for rebuild of Baltimore bridge that collapsed after cargo ship collision.Just 10 months after the collapse of the Francis Scott Key Bridge…

Hybrid Waterjet Passenger Ferries Launched for Savannah, GA

Jan 15, 2025

Marine Jet Power (MJP), a global provider of waterjet propulsion, and Derecktor Shipyards New York announced the launch and christening of two groundbreaking passenger ferries for Chatham Area Transit (CAT) of Savannah, Georgia.These vessels…

IACS Publishes Recommendation for Onshore Power Supply Systems

Jan 14, 2025

Onshore Power Supply (OPS), commonly referred to as “cold ironing” or shore power, is expected to play a critical role in reducing pollution and achieving global decarbonisation targets, so International Association of Classification Societies (IACS) has published recommendation…

VLCC Rates Spike as US Sanctions Bite

Jan 14, 2025

Supertanker freight rates jumped after the U.S. expanded sanctions on Russia's oil industry, sending traders rushing to book vessels to ship supply from other countries to China and India, shipbrokers and traders said.Chinese and Indian refiners…

Egypt seeks four LNG cargoes for Feb-Mar delivery

Jan 14, 2025

Egypt has issued a tender seeking four cargoes of liquefied natural gas (LNG) for delivery between February and March, two trading sources told Reuters.The most populous Arab country has returned to being a net importer of natural gas, buying…

UN: Shadow Tanker Fleet Risks Rising

Jan 14, 2025

The safety risks posed by unregulated oil tankers are rising, and the so-called shadow fleet is a threat to both the maritime environment and seafarers, the head of the United Nations' shipping agency said on Tuesday.The shadow fleet refers to hundreds of ships used by Russia to move oil…

GTT wins Tank Design Order for 6 LNG Carriers

Jan 14, 2025

GTT announces that it has received, in the first quarter of 2025, an order from its partner the Chinese shipyard Hudong-Zhonghua (Group) Co. Ltd. for the tank design of six new very large Liquefied Natural Gas (LNG) carriers.These six LNG carriers will each feature a total capacity of 271…

Spectec: Celebrating 40 Years of Innovation in Maritime

Jan 14, 2025

Today marks a momentous occasion for SpecTec as we celebrate 40 incredible years of empowering the maritime industry with cutting-edge solutions. From our humble beginnings in 1985 in Oslo, Norway, to becoming a trusted partner for shipowners and operators worldwide…

BMT Strengthens Marine Survey Team, adding Kasionis

Jan 14, 2025

BMT is delighted to announce the appointment of Panagiotis (Panos) Kasionis as Marine Consultant, strengthening its presence in the marine surveys market across The Netherlands and Europe.A rising talent in the maritime industry, Panos brings a wealth of operational experience…

Logistics News

DNV Verifies Lifting System for Immersed Tunnel

DNV Verifies Lifting System for Immersed Tunnel

AD Ports Group Enhances Al Faya Dry Port’s Integration with the Global Trade and Logistics Ecosystem

AD Ports Group Enhances Al Faya Dry Port’s Integration with the Global Trade and Logistics Ecosystem

Schipper Takes the Helm of Netherlands Coast Guard

Schipper Takes the Helm of Netherlands Coast Guard

Marlink Provides Connectivity for TUI Cruises’ New Mein Schiff Flow

Marlink Provides Connectivity for TUI Cruises’ New Mein Schiff Flow

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Data shows that three supertankers with Saudi flags sail through Hormuz following the signing of Iran deal
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India's NSE IPO, which has been delayed for years, brings $2.6 billion to top investors