The Baltic Exchanges main dry bulk sea freight index hit a 12-year high on Friday en route to its first weekly rise in three, propelled by gains across vessel segments. The overall index, which factors in rates for capesize, panamax, supram

Danish shipping group A.P. Moller-Maersk lifted its 2021 outlook again on Thursday, riding the rise in freight rates which has resulted from a congested global supply chain. The coronavirus pandemic has prompted shortages of container ships

Woodward LOrange is one of the worlds leading manufacturers of injection systems and engine components for large diesel engines. It is now offering the marine industry flexible engine technology towards achieving compliance with a 50% green

With its second acquisition in less than a year, Svanehj expands its OEM activities and adds new skills to its rapidly growing service department for gas tankers. Gas is a crucial part of the sustainable energy system of the future, and Sva

Dangote ready to go? The news that the Nigerian National Petroleum Company (NNPC) intends to take a 20% stake in the $18 billion under-construction Dangote Refinery caused us to stop and consider what the impact of this would be. Then a cou

China State Shipbuilding Corporation officially announced that the groups civil shipbuilding and offshore orders have exceeded 100 billion , and completed its annual business target four months ahead of schedule. According to statistics, by

One year from now WindEnergy Hamburg 2022 will launch its innovativeH2 Expo and Conferencewhich will span the entire spectrum of hydrogen technology. What is more, for the first time the conference programme of the worlds leading wind indus

Navigator Gas has been awarded a new Approval in Principle (AiP) for an ammonia fuelled gas carrier design from classification society DNV. An industrywide consortium, including MAN Energy solutions, Babcock International, and the Norwegian

Recent moves made by international shipping companies to freeze cargo rates will do little to ease strained shipping capacity and improve logistics efficiency, Chinese traders said, as a wider range of Chinese products - from gifts to Chris

Intelligent LCL (Less than Container Load) shipping, which can constantly adjust according to inventories and orders, will become the main logistics mode in the field of cross-border e-commerce, said experts at the 2021 Cross-border Procure

China will support the orderly opening of cargo airports, and explore and implement trials for transshipment of international containers and consolidation services at key seaports during its 14th Five-Year Plan period (2021-25), said a seni

First time this emissions-reducing technology is deployed in Singaporefor bunker tankers Vitols Singaporean bunker operations company,V-Bunkers,hasplaced an order to buildtwoelectric-hybridbunker tankers.V-Bunkers intends to deploy these bu

To complement our existing service toIndias West Coast, Pacific International Lines (PIL) announced the launch of a new weekly direct service connecting South China and North Vietnam to Indias West Coast. Effective from 22 October 2021, thi

Governments are in duty for a climate-friendly transformation of the maritime industry SMM Maritime Industry Report (MIR) shows industry on track for sustainability For shipowners, shipyards and suppliers, climate protection is a top priori

Maersk (Maersk) announces the acquisition of HUUB, a Portuguese cloud-based logistics start-up, specialised in technology solutions for B2C warehousing for the fashion industry. This is Maersks third acquisition this year within E-commerce