News

Japanese battery startup PowerX Inc. has unveiled a detailed design of the first-ever battery tanker at the Bariship International Maritime Exhibition held in Imabari City in Japan.Future model of the Power Ark 100 Series;...

The colossal vessel, MSC Loreto, with an unprecedented capacity of 24,346 TEU is calling at Europe’s top ports this week. This remarkable ship has captivated onlookers and left them in awe as it arrived on Wednesday morning...

Danish shipping company Norden has entered into an agreement to acquire Thorco Projects, a business specializing in general cargo segments such as break bulk, steel, and wind energy. This strategic move marks Norden’s...

DP World cut direct carbon emissions from its global operations by 5% last year, according to its latest Environmental Social and Governance (ESG) report, reflecting progress towards its 2040 carbon-neutral target.  The...

Swedish shipping company Erik Thun Group is investing $3.34 million in the installation of battery packs on nine of its existing vessels in the dry cargo fleet. The ship owner explained that by installing battery packs...

South Korean shipbuilding company HD Korea Shipbuilding & Offshore Engineering Co. (KSOE) has received a contract for the construction of two product carriers. As informed, the vessels will be built for an unnamed...

French LNG containment specialist GTT has signed a technical services agreement (TSA) with the shipping and maritime company Eastern Pacific Shipping (EPS) and its LNG affiliate CoolCo. As part of the agreement, GTT is...

Dutch shipowner and operator Royal Wagenborg has revealed that one of its F-class vessels achieved a 68 per cent reduction of greenhouse gas (GHG) emissions while using biofuel during its first Transatlantic voyage. Royal...

The International Chamber of Shipping (ICS),  which represents over 80% of the world’s merchant fleet, has submitted detailed proposals for the next round of IMO negotiations set for July this year with the aim of...