Sector
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Stable Bunker Fuel Demand at Sri Lankan Ports in January
Demand for bunker fuels at Sri Lanka’s key ports, Colombo and Hambantota, remained stable throughout January 2023, bolstered by strong…
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Safe Bulkers, Inc. Sells MV Michalis H for $35.2 Million
Cyprus-based shipping company Safe Bulkers, Inc. has announced the sale of its Capesize class dry-bulk vessel, the MV Michalis H,…
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Halten Bulk Expands Fleet with Innovative Wind-Assisted Vessels
Norwegian shipping company Halten Bulk has taken a significant step towards modernizing its fleet by ordering two self-discharging bulk carriers…
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Ammonia Propulsion: A Step Towards Zero-Carbon Shipping
Ammonia propulsion is transitioning from a theoretical concept to a commercial reality, with several engine developers introducing dual-fuel designs. Everllence…
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Russia Deploys Icebreakers to Ensure Baltic Shipping Safety Amid Harsh Winter Conditions
Russia has sent two powerful icebreakers, including the nuclear-powered vessel *Sibir*, to the Baltic Sea to maintain open shipping lanes…
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Rescue Operation Successfully Returns Crew of Angel Wings to South Africa
The crew of the Cape2Rio sailing vessel Angel Wings, which tragically sank after suffering a dismasting, has returned safely to…
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Safe Bulkers Sells Capesize Vessel as Part of Fleet Renewal Strategy
New York-listed Greek shipping company Safe Bulkers has announced the sale of its 14-year-old capesize vessel, the *Michalis H*, for…
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NYK Group Pioneers Low-Carbon Methanol Fuel in Bulk Shipping
NYK Bulk & Projects Carriers Ltd., part of the NYK Group, has made a significant breakthrough in maritime sustainability by…
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China Merchants Shipbuilding Revives Qingshan Yard for 2026 Operations
China Merchants Shipbuilding Industry Group is set to breathe new life into the long-closed Wuhan Qingshan shipyard, with plans to…
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Final Report on the Sinking of Cargo Ship Verity: A Preventable Tragedy
More than two years after the cargo ship *Verity* sank following a collision in the German Bight, the UK’s Marine…
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