Technology group Wärtsilä will introduce another four methanol engines to its portfolio, setting a new industry benchmark with the broadest methanol engine portfolio currently...
A.P. Moller-Maersk (Maersk) announced more than USD$500 million investment to expand its supply chain infrastructure to support Southeast Asia’s emergence as a global production...
The two main spot prices for iron ore diverged last week, with Singapore-traded contracts gaining but China’s domestic futures posting a decline.
The two benchmarks...
The Baltic Exchange’s dry bulk sea freight index rose for the eighth consecutive session on Monday, hitting a one-and-a-half year high as rates climbed...
According to a relevant SEC filing, George Economou has acquired a stake in Seanergy Maritime.
Specifically, the filing shows Sphinx, a subsidiary of Maryport Navigation,...
OPEC+ agreed to make 1 million barrels a day of additional oil-supply cuts to go alongside Saudi Arabia’s much-anticipated extension of its voluntary reduction...
Frontline reported unaudited results for the nine months ended September 30, 2023:
Highlights
Profit of $107.7 million, or $0.48 per basic and diluted share for the...
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...