The Baltic Exchanges main dry bulk sea freight index extended its rally on Tuesday, rising about 5% to its highest in 13 years, steered by strong gains in capesize rates, and helped by demand for smaller vessels. The overall index, which fa

Supporting offshore wind power business with AI-based high-resolution prediction model predicting winds and waves using 1~2 km mesh to provide meteorological support for feasibilitystudies, construction and operation. Weathernews Inc. launc

At 16:30 on September 27, Panama-flagged Ro-Ro ship SANG SHIN leaked carbon dioxide at the terminal of a shipyard in Changtu, Daishan. The incident caused 3 deaths and 2 people are still under treatment. According to the report of Daishan E

ERMA FIRST, an innovative Greek marine product manufacturer, has been developing ballast water treatment systems [BWTS] since 2009. As one of the most well respected BWTS specialists in world, it has successfully installed systems on a wide

China International Marine Containers Ltd., a global leader in logistics and energy equipment, will acquire the A.P. Moller - Maersk owned Maersk Container Industry, a leading manufacturer of refrigerated containers. This finalizes Maersks

At an event at China Classification Society in Beijing today, A.P. Moller-Maersk signed three separate cooperation framework agreements with China Classification Society (CCS) to join hands with CCS on its decarbonisation journey. Mr. Jens

BIMCO has submitted a proposal to the upcoming Marine Environment Protection Committee (MEPC) 77 with the aim to extend the experience-building phase (EBP) associated with the International convention for the control and management of Ships

The MISC Group of Companies (MISC Group) stood tall as the proud winner of four significant awards at the Sustainable Business Awards (SBA) Malaysia 2020/2021 which was held virtually on 23 September 2021. MISC Group came up tops as the Win

Cosco Shipping Lines recently enhanced its refrigerated cargo fleet with next-generation EverFRESH active controlled-atmosphere (CA) systems from Carrier Transicold. The high-performing systems enable perishable shipments to travel farther,

The NextGEN (where GEN stands for G reen and E fficient N avigation) portal, an online collaborative global ecosystem of maritime transport decarbonisation initiatives, has been launched by the International Maritime Organization (IMO) and

Yaskawa Environmental Energy/The Switch has clocked up over 100 permanent magnet machines (PMMs) for in-line shaft generators of various frame sizes since 2014 and has a large order backlog for large LNG and LPG carriers. Using PMMs for ele

Since this year, the price of bulk commodities fluctuates greatly, which has a great impact on the smooth operation of the steel and shipbuilding industry. The roller coaster of steel prices has increased the shipbuilding industrys risks sh

China has taken steps to curb a surge in container shipping rates to stabilize the international supply chain and boost foreign trade, the Ministry of Transport said on Sunday. The ministry has encouraged international container shipping co

Many people blamed shipping companies after the global supply chain crisis erupted due to congestions at ports, delayed commodity supplies and surging shipping prices in many parts of the world since the second half of 2020. Thats understan

There are over 60 container ships full of import cargo stuck offshore of Los Angeles and Long Beach, but there are more than double that 154 as of Friday waiting to load export cargo off Shanghai and Ningbo in China, according to eeSea, a c