Freight rates to ship U.S. crude to Asia continued to surge, with costs to charter a supertanker rising to a record $12 million on Thursday, shipping sources familiar with the matter said.South Korea's top refiner, SK Energy, tentatively chartered the supertanker Maxim to ship U…
Seaspan Shipyards has announced the appointment of Amy MacLeod as the organization’s new Vice President, Corporate Affairs & External Communications. Based in Ottawa, MacLeod will be responsible for developing, managing and maintaining strategic…
The Port of Rotterdam Authority has launched a new container tracking application Boxinsider allowing shippers and freight forwarders to locate their containers at any given moment.Boxinsider draws on status information from container vessels and inland and deep-sea terminals…
American multinational energy giant Chevron Corporation unveils new goals to reduce oil production-related greenhouse gas (GHG) emissions by 5% to 10% over a seven-year period ending 2023 as part of an ongoing effort to combat global climate change…
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…
