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

April 1, 2025

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

April 1, 2025

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

MOL to establish ‘MOL PLUS’ as Corporate Venture Capital Fund

January 22, 2021

Mitsui O.S.K. Lines (MOL) on Thursday announced that it has decided to establish its wholly-owned Corporate Venture Capital Fund (CVC) firm called MOL PLUS. MOL...

Mawani launches new shipping route from Jeddah port

January 21, 2021

Saudi Ports Authority (Mawani) has announced the launch of a new shipping service from Jeddah Islamic Port, complementing its strategic partnerships with some of...

Number-two ocean carrier Msc joins partnership on Hydrogen Fuel

January 18, 2021

Joining global shipping giants like NYK and CMA CGM, number-two ocean carrier MSC has recently joined the Hydrogen Council. MSC joined as a steering...

CMA CGM strengthens its Customer offer

January 18, 2021

MARSEILLE: The CMA CGM Group is pursuing its commitment towards its customers by increasing capacities in order to accompany them during these unprecedented times. CMA...

Harren & Partner adds jack-up vessel Wind Lift I to its fleet and launches SAL Renewables

January 17, 2021

BREMEN: The offshore renewables sector is about to meet a new contender in the rapidly expanding market for offshore wind. With Harren & Partner’s...

D P World-run Chennai Container Terminal wins first rate hike in 12 years

January 4, 2021

D P World-run Chennai Container Terminal Pvt Ltd (CCTPL) has won a paltry 1.13 per cent hike in rates, its first in 12 years,...

Container lines question claims of unreasonable rates, poor service

January 1, 2021

The World Shipping Council (WSC) has pushed back against allegations by two Federal Maritime Commissioners (FMC) that the container lines are not meeting service...

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