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Panama purges and deregisters 107 ships from its fleet due to sanctions

PANAMA CITY : The Panama Maritime Authority (PMA) has officially deregistered 107 Panamanian-flagged vessels listed under international sanctions, with an additional 18 currently undergoing...

World’s First Commercial-Use Ammonia-Fueled Tugboat Completes Three-Month Demonstration Voyage

TOKYO : The world’s first commercial-use ammonia-fueled vessel, Sakigake, has successfully completed a three-month demonstration voyage, during which the vessel engaged in tugboat operations...

Baltic Index Hits Near Three-Week Low On Weaker Capesize, Supramax Rates

LONDON : The Baltic Exchange’s Dry Bulk Sea Freight index, which monitors rates for vessels moving dry bulk commodities, fell to its lowest level...
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