Shipping news

The technology group Wärtsilä and Capital Gas Ship Management Corp. have agreed to partner in the development of a new Fleet Decarbonisation Programme aimed at achieving defined decarbonisation targets. Under…

Cargill Inc seeks to boost its use of biofuels in a bunkering trial and plans to order methanol-fuelled ships as part of its plans to cut emissions, a senior executive…

Ocean carriers are canceling dozens of sailings on the world’s busiest routes during what is normally their peak season, the latest sign of the economic whiplash hitting companies as inflation…

The number of LNG carriers being used as floating storage globally has hit a record high as oil majors, commodity traders and other energy companies hold onto LNG cargoes and…

The Baltic Exchange’s main sea freight index (.BADI), tracking rates for ships carrying dry bulk commodities, rose for a fourth straight session on Wednesday, surging to its highest in 10…

CorPower Ocean and Maersk Supply Service have successfully installed a 6.2km subsea export cable off the coast of northern Portugal to energise the flagship HiWave-5 Project. The 100-tonne cable was…

Unleashing the real benefit in charterparties and recaps for all users. Through the acquisition of Chinsay, Sea/ will make it even easier for all participants to digitise their charterparties. By…

The partnership agreement will connect Alpha Ori Technologies to Vessel Insight, Kongsberg Digital’s secure vessel-to-cloud data infrastructure. This will provide instant access to fleet and vessel specific dashboards, as well…

Today, Monday, October 03 2022, the Baltic Dry Index climbed by 28 points, reaching 1788 points. Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for…

Excelerate Energy, Inc. (NYSE: EE) (“Excelerate”) announced today that it has signed a binding Shipbuilding Contract (SBC) with Hyundai Heavy Industries Co., Ltd. (“HHI”) for a new floating regasification and…