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MSC Seaside to Homeport at Port Canaveral From April 2023

MSC Cruises will be deploying its MSC Seaside cruise ship to homeport at Port Canaveral in Florida starting in April 2023. It comes after...

BIMCO launches ship sale and purchase agreement

BIMCO has produced its own ship sale and purchase agreement - SHIPSALE 22 – with the aim of making the authoring, negotiation and execution...

EuroDry Ltd to acquire M/V Santa Cruz

EuroDry Ltd, an owner and operator of dry bulk vessels and provider of seaborne transportation for dry bulk cargoes, has agreed to acquire M/V...

Four powerful new tugs from Sanmar Shipyards arrive at Port Qasim Authority, Pakistan

Four powerful technologically-advanced new-build tugboats built by Sanmar Shipyards in Turkey have arrived at Karachi, Pakistan to start work for their new owner, Port...

Milaha revenues reach over $250 million in Q1 2022

Qatar Navigation (Milaha) has announced its financial results for the first three months of 2022, posting revenues of over $250 million. The group’s operating revenue...

Neptune raises $17.25M to clean ship hulls with robots

Here's a wild fact I'd never heard: Biofouling on ship hulls increases fuel consumption around 15% on average. The term specifically refers to a...

ClassNK issues Approval in Principle (AiP) for Ammonia-ready LNG-fueled Panamax Bulk Carrier developed by GSC

Leading Classification Society ClassNK has issued an Approval in Principle (AiP) for the design of an ammonia-ready LNG-fueled Panamax bulk carrier developed by Planning...

Chip-Starved Firms Are Scavenging Silicon From Washing Machines

A major industrial conglomerate has resorted to buying washing machines and tearing out the semiconductors inside for use in its own chip modules, according...

Tanker Market Affected By Geopolitican Tensions

Spot fixtures The latest estimates show global spot fixtures declined in March, averaging of 13.8 mb/d. Fixtures fell 1.3 mb/d, or around 9% m-o-m. Compared...

Historic Harland and Wolff Secure Modern Contracts

Harland and Wolff, based out of Belfast, known for building the famed starliner TITANIC, has secured a dry-docking contract for two vessels belonging to...
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