Wison New Energies (Wison) and Siemens Energy (SE) have signed a strategic Memorandum of Understanding (MoU) at Gastech 2025 in Milan, marking a new...
Tanker market: Optimistic signals for fourth quarter
The signals for the tanker market in the fourth quarter of the year are optimistic, as shipbrokers estimate...
“Between January and August, product tanker newbuilding contracting dropped 86% y/y to 2.6 million deadweight tonnes (DWT) representing a nine-year low,” says Filipe Gouveia,...
The government will provide financial support for projects aimed at building icebreakers that will run through Arctic shipping routes, the oceans minister said Thursday,...
Hapag-Lloyd and Shell Western LNG B.V. (Shell) have signed a multi-year agreement for the supply of liquefied biomethane starting with immediate effect.
The agreement builds...
HMM is accelerating the diversification of its business structure, which has been centered on container ships, by signing a long-term transport contract with Vale,...
Prices of iron ore futures slipped on Thursday, as top consumer China’s accumulating steel stocks in the peak demand season weighed on sentiment.
The most-traded...
The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, fell on Thursday due to weak capesize...
Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, reported...
The Port of Klaipėda delivered a strong performance in the first half of the year, demonstrating resilience in a changing market environment and further...
DP World is expanding the electrification of its port operations in Chile with the introduction of seven 100% electric Internal Transfer Vehicles (ITVs) and...
The U.S. Department of Transportation’s Maritime Administration (MARAD) today joined leaders from California’s Port of Long Beach to celebrate a new partnership focused on...
