Maritime News
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Shipbuilding
PIL’s renaissance sees it top the operating margin charts
Pacific International Lines (PIL), a Singapore-based shipping company, has made a remarkable comeback, now leading the global container shipping industry…
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Bulk Carrier
Mixed Trends in Secondhand Shipping Markets
Recent activity in the secondhand dry bulk and tanker markets has shown a blend of resilience and challenges, with specific…
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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…
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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…
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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…
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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…
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Bulk Carrier
MOL awarded – “WIPO” for National Invention Award 2025
Mitsui O.S.K. Lines, Ltd. (MOL) has been recognized for its groundbreaking invention of a height-adjustable rigid wing sail designed for…
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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…
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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…
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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.…
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