The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell to more than a three-week low on Thursday as rates across...
Supply/demand balance For 2025, we forecast a slight strengthening of market conditions for crude tankers and a slight weakening for product tankers. Our demand forecast for both sectors is...
Alternative fuels could account for up to a fifth of A.P. Moller-Maersk’s MAERSKb.CO marine fuel consumption in 2030 as part of its goal to reach net zero by 2040,...
Pilatus has signed a contract to deliver 19 PC-21 training aircraft. The PC-21 will not only provide Canada with the most technically advanced training system…
The European Detect and Avoid System (EUDAAS) demonstrator, integrated into Leonardo’s Falco Xplorer, completed its final test flight at Trapani airport, validating advanced sensors, digital…
NYK Group management discussed international shipping and the Group’s specific initiatives to address climate change in discussions at various events during the 29th Conference of the Parties to the...
“PONTUS HIGHWAY”, a car carrier with a capacity of 7,000 vehicles, has been delivered to Kawasaki Kisen Kaisha, Ltd. (“K” LINE) on November 28. As same as the “NEREUS...
ClassNK has introduced new E-Learning courses in its training and education service, ‘ClassNK Academy’, focusing on maritime cyber security topics. As ships become ‘smarter’ and the further development of...
Ocean Network Express (“ONE”) is pleased to announce the completion of its acquisition of a minority stake in New Priok Container Terminal One (“NPCT1”) in Jakarta, Indonesia. NPCT1 is...
Technology group Wärtsilä will supply an integrated propulsion package for a new vessel being built for U.K. based tanker owner and operator, Pritchard-Gordon Tankers Ltd. (PGT). The integrated package...
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