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Finnish shipbuilder Meyer Turku has celebrated the end of 2023 with another big milestone — the hull assembly of Royal Caribbean International’s Star of the Seas has begun at the yard. On December…

China’s shipping company COSCO Shipping Development has taken delivery of two 700 TEU electric containerships built by COSCO Shipping Heavy Industry (Yangzhou), part of COSCO Shipping Group. On December 28, 2023, the newbuilds…

Starting in fiscal 2024, Japanese shipping company NYK plans to launch full-scale trials of the long-term use of biofuels in navigating its existing heavy oil-fired vessels. Biofuels are produced from biological sources (biomass),…

Crowley’s eWolf, the first all-electric ship assist tug in the U.S., has commenced sea trials along the U.S. Gulf Coast, the company confirmed on social media. The ship is being built by Master…

on Basket TCE ultimately climbed from $57,821 to $58,239. Handymax In the Mediterranean, Handymax’s have stabilised this week at WS265 with demand and supply balanced for the moment. Up in northwest Europe, the…

During the event of international glass show exhibit at the Elbedaya Logistics booth working to export our services all over the world, it was a great experience to make new connections and understand…

German bulk operator Oldendorff Carriers GmbH & Co. KG has entered into an agreement with Canada’s mining major Teck Resources Limited to use wind propulsion to reduce CO2 emissions in Teck’s supply chain. The joint…

The European Commission (EC) has awarded €131 million for the Northern Lights carbon capture and storage (CCS) project under its Connecting Europe Facility (CEF) funding scheme. A total of eight cross-border energy infrastructure…

The UK-based classification society Lloyd’s Register (LR) has awarded Approval in Principle (AiP) to Taiwanese shipbuilder CSBC for its 2,500 TEU feeder design with methanol propulsion, as part of a joint development project….