Ocean rates higher by double-digits as U.S. makes Asia trade progress
Container rates on trans-Pacific routes from Asia to the United States and Northern Europe improved by double-digits as negotiators made progress on regional tr...
Latest Shipping & Logistics News
10,811 articlesEverllence completes first S90 methanol engine retrofit for COSCO SHIPPING
Everllence has completed the world’s first conversion of an Everllence B&W S90 two-stroke engine to run on dual-fuel methanol, marking a major decarbonisation...
Mitsui E&S produces first in-house Everllence TCT Turbocharger
Mitsui E&S Co., Ltd. (Headquarters: Chuo-ku, Tokyo; President & CEO: Takeyuki Takahashi) has completed its first in-house manufactured MITSUI-Everllence TCT tur...
KCCI rises again as Busan export rates climb across most lanes
The KOBC Container Composite Index (KCCI) rose for the second consecutive week, reaching 1,719 points on Monday, according to Korea Ocean Business Corp. (KOBC) ...
HMM joins the exclusive teu millionaires club
South Korea’s flagship carrier HMM has become the eighth member of the exclusive teu millionaires club. HMM’s fleet now stands at 1,007,180 teu, according t...
Alfa Laval: Balancing short-term operational needs with long-term goals
For shipping’s leaders, the biggest challenge today isn’t just keeping up with technology — it’s knowing which path to take. “Making decisions...
OceanPal charts new course into AI and crypto infrastructure
Greek shipowner OceanPal has taken a major step outside traditional shipping, unveiling a new subsidiary focused on artificial intelligence and blockchain.The N...
Ocean Installer keeps Solstad CSV for another year
Marine construction contractor Ocean Installer, a Moreld subsidiary, has exercised an option to keep the 2014-built construction support vessel Normand Vision f...
Monaco owner Transocean breaks into boxships with newbuilds in China
Monaco-headquartered Transocean Maritime Agencies has been revealed as the buyer behind an order for containership newbuildings in China, marking the company’...
Japan delivers world’s first land-based marine hydrogen engine test
Japan has achieved another world first in the race to decarbonise shipping. A consortium of Kawasaki Heavy Industries, Yanmar Power Solutions and Japan Engine C...
Noble secures multiple rig deals and boosts backlog to $7bn
Offshore drilling giant Noble Corporation has announced several new rig deals in its latest fleet status report, and one rig sale.The driller stated that three ...
Peterson Den Helder extends charter for Havila PSV until late 2026
Norwegian OSV owner Havila Shipping has secured another contract extension for its platform supply vessel Havila Borg.The Fosnavåg-based company has fixed...