-
Shipbuilding
Freight Market Faces Decline Amid Weak Demand
The Baltic Dirty Tanker Index (BDTI) has seen a significant downturn, dropping 15% over the past month, effectively reversing the…
Read More » -
Shipbuilding
ONE and Hapag-Lloyd line up more than 30 newbuild contracts
In a significant development for the shipping industry, Alphaliner reports that Ocean Network Express (ONE) and Hapag-Lloyd are on the…
Read More » -
Shipbuilding
World’s largest port launches three European green corridor
The Ningbo-Zhoushan port in China, recognized as the world’s largest by cargo throughput, is spearheading efforts to establish green shipping…
Read More » -
Shipbuilding
Maritime losses reach historic low amid rising geopolitical
Allianz’s latest Safety and Shipping Review issues a stark warning regarding the escalating risks to the global merchant fleet amid…
Read More » -
Decarbonization
Extensive testing of Wärtsilä’s 4-stroke ammonia engine
Wärtsilä, a leading technology group, has announced significant advancements in its ammonia fuel engine solution, achieving unprecedented efficiency and performance…
Read More » -
Shipbuilding
Giant crane ship SSCV Thialf waits in RI waters on the way to Empire Wind
The SSCV Thialf, the world’s second-largest crane ship, has made a notable entrance into Narragansett Bay, drawing significant attention since…
Read More » -
Decarbonization
ABB extends lifespan of Helsinki ferry by retrofitting
The M/S Suomenlinna II has made history as the first vessel to be retrofitted with ABB’s cutting-edge ACS880LC drive system.…
Read More » -
Shipbuilding
Energy Holdings lines up drilling contract
Energy Holdings, formed from the merger of SeaBird Exploration and Energy Drilling, has announced its first significant contract. The company…
Read More » -
Shipbuilding
Anhui’s Dongfang shipyard reemerges with new backers
A new shipyard in Anhui province, China, has successfully landed its initial overseas contracts. Zongyang Shipyard, in collaboration with Singapore’s…
Read More » -
Shipbuilding
MR tanker sales candidates proliferate
The medium-range (MR) tanker market is experiencing a surge in activity, driven by an influx of Korean-built vessels entering the…
Read More »
