Viking® named its newest ocean ship, the Viking Vela®, with a traditional ceremony in Trieste, Italy. The naming of the Viking Vela also served as a celebration of Viking’s...
Rates for shipping containers from east Asia and China to the US were flat to softer this week while global average rates rose by 6%, but the looming strike...
Capesize The Capesize market faced a challenging week, with the BCI 5TC steadily declining, shedding $3,909 across the week to close at $12,727, reflecting subdued sentiment and oversupply of...
Awareness of cyber risk and investment in cybersecurity have grown rapidly. THE RATE OF ATTACKS IS INCREASING RAPIDLY Cyber criminals have the maritime industry in their sights. DNV’s new...
Clean LR2 Following last week’s improvements, LR’s in the MEG stalled and lost steam this week. TC1 75kt MEG/Japan eased down 8.56 points to WS111.72 and a trip westerly...
As environmental regulations tighten, vessel owners and operators face growing uncertainty about fuel choices. Could a bridge fuel like LNG or bio-LNG be the smart way to accelerate your...
Nobody can complain that President-elect Donald Trump isn’t following through on his core election pledges. Even before he takes office on January 20, he has announced plans for emergency...
Had he continued working aboard fuel-powered cargo ships, Yann Jourdan reckons he’d be earning perhaps four times what he now gets as captain of a sailboat that instead uses...
Avance Gas Holding Ltd. refers to the announcement on August 15, 2024, regarding the sale of its VLGC fleet to BW LPG Ltd (“BW LPG” or “Buyer”) for $1,050...
Pest-resistant container design took centre stage at a meeting between specialists from the global container shipping industry and biosecurity experts, aiming to address the $423 billion global challenge posed...
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