ClassNK releases report ‘ClassNK Alternative Fuels Insight (Version 3.0)’
TOKYO : ClassNK has released the latest version of its report ‘ClassNK Alternative Fuels Insight (Version 3.0)’. This provides updated information on cost simulations reflecting the IMO’s mid-term GHG reduction measures approved at the
Baltic Index falls to near one-week low
LONDON : The Baltic Exchange’s Dry Bulk Sea Freight index, which measures shipping rates for vessels transporting dry bulk commodities, fell on Wednesday to a near one-week low due to weaker rates for capesize
SEATREK embarks on a New Chapter with Seasoned Industry STALWARTS
SINGAPORE : SeaTrek, a dynamic and fast-growing dry bulk operator, announced a strengthened management team as it embarks on its next phase of growth. The company has appointed Rob Aarvold as Global Chief Executive
Indian Govt. plans to spend $10 billion on homebuilt oil tanker fleet
NEW DELHI : Indian Government is planning to spend 850 billion rupees ($10 billion) to purchase 112 crude carriers through 2040, people familiar with the matter said, as the world’s third-biggest importer of oil
Unifeeder and PlanatEarth launch Hybrid Marine Ambulance and Dispensary for Island Communities in Kerala
ERNAKULUM : Unifeeder, a DP World company, in partnership with Kerala-based NGO PlanatEarth, has launched a hybrid Marine Ambulance and Dispensary for the island communities of Kadamakkudy Panchayath, located in the Vypin Constituency of
AP targets big returns from Shipyards and Ports
AMRAVATI : For Andhra Pradesh, the buzzword for faster economic growth is, of late, port-led development, going by the string of investments in developing port and coastal infrastructure. The State, which has been in
Wallem Group sets out best practice guidance for marine biofuels
HONG KONG : Wallem Group, a leading global maritime partner, has published a new whitepaper to ensure ships, ships systems and crews are fully prepared to load, store and use biofuels in everyday vessel
Foreship enables world-first dual chemistry battery system to boost zero-emission power for Wasaline
HELSINKI : Naval architecture and engineering consultancy Foreship is supporting Wasaline in delivering a breakthrough battery upgrade on MV Aurora Botnia that will see the ferry’s energy storage capacity increase nearly sixfold. The world-first retrofit will