Freightos Weekly Update: Ocean rates climb on GRIs despite demand slump
The US Supreme Court heard arguments last week in the appeal of lower court decisions that invalidated President Trump’s use of the International Emergency Ec...
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BAR Technologies wins LR approval for WindWings® P-Wind method
BAR Technologies has received Lloyd’s Register (LR) approval for its CFD-based P-Wind methodology. This system calculates the power generated by WindWings®...
Bulker values edge higher as buying interest firms
Bulker prices continue to firm, with fresh secondhand sales showing a steady uptick in values. Both traditional owners and asset players are seizing the opportu...
Navibulgar steps up with new bulker order at Yangzijiang
Bulgarian shipowner Navibulgar has returned to Yangzijiang Shipbuilding for another round of bulk carrier newbuildings, contracting four geared vessels for deli...
Fincantieri to build new ultra-luxury cruise ship
New Order SecuredFincantieri has won an order to build an ultra-luxury cruise ship for Regent Seven Seas Cruises. The agreement is part of its long-term partner...
Asiatic Lloyd back at Dalian Shipbuilding for boxship pair
Asiatic Lloyd has returned to its favoured Chinese shipyard for a pair of conventionally fuelled boxship newbuilds. Brokers are reporting the privately held Ger...
MSC’s secondhand fleet frenzy hits 461 ships
The total number of secondhand boxships Mediterranean Shipping Co (MSC) has added to its fleet since embarking on an unprecedented buying spree in August 2020, ...
SeaBird vessel to stay on OBN work through 2026
Marine seismic specialist SeaBird Exploration has won an extension for OBN source work in the Western Hemisphere.The initial contract for OBN work was signed in...
AD Ports Group unveils AI workforce blueprint
AD Ports Group has unveiled a blueprint titled “Building Human-AI Teams”, showing how it uses Artificial Intelligence (AI) to transform port and log...
How Fleets Can Navigate the AI Revolution
AI is a transformative force reshaping industries, especially in freight. It’s no secret that the transportation industry is working frantically to adopt AI a...
Goltens partners with WE Tech to boost energy-efficient retrofits
Goltens Worldwide and WE Tech Solutions Oy have signed a Memorandum of Understanding to jointly deliver advanced marine retrofit projects. Goltens will serve as...
American Postal Workers Union completes leadership transition
Jonathan Smith on Tuesday took the reins of the American Postal Workers Union from Mark Dimonstein, who led the trade union for 12 years and is credited with im...