The Baltic Exchange's dry bulk freight index, which tracks rates for ships carrying dry bulk commodities, rose to a one-week high on Friday, buoyed by rising rates for capesize vessels.The main Baltic index, which tracks rates for capesize, panamax and supramax vessels…
International Car Operators (ICO), a member of Japan’s NYK Group, has started commercial operations at Belgium’s first shore power facility for roll-on/roll-off (RoRo) vessels at the port of Zeebrugge.The facility entered service after a testing phase earlier this month…
Maritime engineering consultancy BMT and Australian shipbuilder Austal have signed a strategic agreement aimed at expanding ship design and engineering capacity while supporting the delivery of commercial and defense shipbuilding programs.The…
A new engineering design and commercial advisory company focused on offshore wind, subsea transmission and marine infrastructure projects has launched in Ireland under the name of Insight Marine, targeting growing demand for specialist support across the global maritime sector…
Iran's Supreme National Security Council said in a statement on Thursday that the country's Persian Gulf Strait Authority will take measures to issue fast authorizations to ships wanting to pass through the Strait of Hormuz as per the memorandum of understanding signed by Tehran and Washington…
AD Ports Group, a global enabler of integrated trade, industry and logistics solutions, announced the operational launch of Noatum Ports – Maqta Ayla Digital Solutions, a joint venture between AD Ports Group and Aqaba Development Corporation (ADC)…
DNV, the independent energy expert and assurance provider, has supported Femern Link Contractors (FLC) on the Fehmarn Belt immersed tunnel project by providing independent verification of the advanced lifting appliance used to install the tunnel elements…
AD Ports Group, an enabler of integrated trade, logistics, and industry, announced that Al Faya Dry Port has been assigned UN/LOCODE (AEALF) by the United Nations Economic Commission for Europe (UNECE).The globally recognized UN/LOCODE system is used across the international shipping…
The Netherlands Coast Guard has appointed Klaasjan Schipper as its new director, succeeding Nicole Kuipers, who led the organization since 2022.Schipper officially assumed the role on June 17 during a handover ceremony in Den Helder, becoming the tenth director in the Coast Guard's history…
Marlink, a leader in managed services for business-critical digital solutions, has been selected by TUI Cruises to deliver digital experiences for guests, crew and ship operations through a fully managed hybrid connectivity and digital services platform for Mein Schiff Flow…
ALMACO Group Inc., a leader in engineering, procurement, and construction (EPC solutions) for the marine and offshore industries, has officially announced its expansion into League City, Texas. Operational from June, 2026, the new location, operating under the name ALMACO Gulf Coast…
'Global fertilizer shipments have fallen 11% y/y since the start of the Iran war. The closure of the Strait of Hormuz has restricted fertilizer exports from the Persian Gulf, tightening the global supply and increasing prices. The ceasefire…
More than 130 charities, experts and celebrities including Brian Cox CBE, Alan Cumming OBE, Zoë Wanamaker CBE, and Joanna Lumley DBE, are calling for a ban on live exports.Led by Compassion in World Farming, the global partners from 33 countries including Eurogroup for Animals…
NYK Bulkship (Asia), a Singapore-based company of the NYK Group, has concluded a time-charter contract with JERA for two very large gas carriers (VLGCs).The two VLGCs are expected to transport low‑carbon ammonia produced in Louisiana to JERA’s Hekinan Thermal Power Station in Japan…
Norway's ECOnnect Energy has signed an agreement with Sociedad Portuaria Puerto Bahía S.A., a majority-owned subsidiary of Canada's Frontera Energy Corp., to deliver its IQuay™ F-Class jettyless transfer system for Puerto Bahía´s fast-tracked LNG import terminal in Cartagena Bay…
