1 March 2023, London: The International Chamber of Shipping and Egypts Suez Canal Authority have re-signed an agreement covering key issues impacting international shipowners and operations of the Suez Canal. The agreement was initially sig

The Norwegian LR2 owner and operator SKS is opening up its pool to attract third-party LR2 tankers by leveraging Signals technological pool infrastructure and data-driven chartering tools. The new setup, named SKS LR2 Pool - powered by Sign

NEW YORK, Feb. 28, 2023 At its annual investor meeting today, Chevron Corporation (NYSE: CVX) reported on its progress to leverage its strengths to safely deliver lower carbon energy to a growing world. Chevron intends to be a leader in bot

Some of the worlds biggest maritime cargo carriers are joining forces with the worlds first industrial safety technology accelerator to launch a new innovation initiative to reduce cargo loss at sea. Evergreen Line, HMM, Maersk, the Offen G

After prototype testing in January 2023, ABS has issued the worlds first ABS CyberSafety Product Design Assessment (PDA) certification for the main engine and main propulsion remote control systems (M-800 series) from Nabtesco Corporation.

Trade connectivity between China and Southeast Asian economies has been maintaining steady growth momentum in 2023, about a year after the implementation of the Regional Comprehensive Economic Partnership (RCEP) trade agreement, with fresh

Guangzhou Shipyard International Co Ltd, a unit of State-owned China State Shipbuilding Corp, said on Tuesday that it has completed building work for the double-ended roll-on roll-off hybrid passenger ship for buyer PO Ferries in the United

The composite index continued to fall, and the freight rate of Thailand and Vietnam rose against the trend Ningbo Containerized Freight Index: In the week ending Feb-24, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Ex

India has withdrawn trading licences for oil tankers and bulk carriers that are more than 25 years old, its shipping regulator said, as the worlds third-largest greenhouse gas emitter looks to cut emissions and reduce the average age of its

The Baltic Exchanges main sea freight index posted its biggest monthly percentage gain in five months, supported by higher rates across vessel segments. The overall index, which factors in rates for capesize, panamax and supramax shipping v

Hamburg, Germany, 28 February 2023: Container xChange , an online container logistics platform, has published its annual shipper-owned containers (SOCs) undercover study today. The report throws light on how SOCs are fitting into the overal

An international ship design company and a Dutch software company have joined forces to create a software program to optimize the hull design process, making it up to two times faster. C-Job Naval Architects, an independent ship design comp

Oslo and Paris, 28 February 2023.Marlink, the smart digital solutions company, has successfully provided high throughput hybrid network solutions for Quark ExpeditionsMV Ultramarinesince the start of the 2021 Arctic season. After the first

After the record-breaking falls of January, global long-term ocean freight rates held up surprisingly well in February, boosted by a special month for US exports. According to the latest data from the Xeneta Shipping Index (XSI), average lo

On February 28, Guangzhou ShipyardInternational(GSI) held the departure ceremony of the worlds first four-way-drive battery hybrid electric Ro-Roship for PO Ferries. After that, the ship will operate in the English Channel, mainly between D