News

Baltic Dry Index Snaps Seven-session Winning Streak

The Baltic Exchange’s main sea freight index snapped a seven-session winning streak on Friday as capesize rates declined, but was…

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Diamond Bulk Taps Inmarsat's Fleet Data Premium Solution

Inmarsat’s Fleet Data provides data acquisition, processing, uploading, and interface links between engine and Nautilus Labs’ fleet optimization solution so…

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Argentine Port Unions Plan Strike Over Vaccine Access

A coalition of nine Argentine port worker unions will go on a nationwide 24-hour strike starting at midnight to press…

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IMO Adopts Ban on Heavy Fuel Oil Use by Ships in Arctic

The United Nations shipping agency on Thursday adopted a ban on the use of heavy fuel oil in the Arctic…

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New Banking Payment Platform for Seafarers Launched

A new touch-free payment platform for the maritime industry has been launched by Secure Seas.Secure Seas says its electronic payment…

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IMO Adopts New Measures to Cut Ship Emissions

The U.N. shipping agency approved further measures on Thursday to boost the energy efficiency of commercial vessels although critics said…

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LIVING PORTS Project Catalyzes Next-gen Port Infrastructure

ECOncrete has won the European Commission Horizon 2020 Fast Track to Innovation funding program with a large-scale deployment at the…

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Wärtsilä Teams Up With Weathernews

Wärtsilä Voyage and Japan based weather routing provider Weathernews Inc (WNI) have signed a strategic partnership agreement enabling the integration…

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San Pedro Bay Ports Struggle to Keep Up with Record Box Flow

The ports of Los Angeles and Long Beach continue their record-breaking start to the year, exceeding pre-pandemic records again and…

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Deutsche Bank Set for $1 Bln Windfall from Zim Bets

Deutsche Bank is on course to make up to $1 billion on a long-shot bet on Israeli shipping firm Zim…

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