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News
Bunker price volatility boosts freight rates for LNG-fueled dirty tankers
1+ day, 21+ hour ago (661+ words) Bunker price volatility was the key driver behind higher LNG-fueled dirty tanker freight rates, compared with conventional tanker freight values, Aug. 31-Sept. 4, across benchmark routes. Platts Base Rates for LNG-fueled tankers reflect such freight costs in $/mt and provide a…...
Port congestion in Asia pushes carriers back to Suez as peak season splits across trade corridors
1+ day, 18+ hour ago (833+ words) According to the September issue of the monthly report titled ‘Europe Container Market Update’ published by Sogese today, the container market is fragmenting by trade corridor, and carriers are reallocating capacity accordingly. “The selective return of services through the Suez…...
Meet The Speakers of the 2nd CSN Northern European Crewing Conference??? Holger J??de
14+ hour, 47+ min ago (245+ words) Advisor Recruiting and Training – VDR In addition to his administrative and operational roles, he has been a prominent figure in international diplomacy within the sector. He has served as a member of the German Delegation to the International Maritime Organization…...
DNV at SMM DNV and GRSE sign advanced shipbuilding MoU
3+ day, 29+ min ago (368+ words) At the SMM trade fair in Hamburg last week, DNV and Garden Reach Shipbuilders and Engineers Limited have signed a Memorandum of Understanding for a new strategic collaboration on advanced shipbuilding, digitalization, green technologies and competence development, supporting the growth…...
Moving past the waiting game: John Cooper of BAR Technologies on why shipping must embrace Wind Propulsion today
1+ day, 19+ hour ago (1182+ words) With the company’s pioneering WindWings® technology already proving its worth at sea—delivering verified daily savings of up to 1.5 tonnes of fuel and 4.7 tonnes of CO₂ per wing, the conversation has firmly shifted from technological viability to commercial execution. As Cooper…...
Seahawk Investments launches dedicated Maritime Credit Fund
2+ day, 21+ hour ago (432+ words) Seahawk Investments announces the launch of the Seahawk Maritime Credit Fund, a Luxembourg-domiciled Reserved Alternative Investment Fund dedicated to providing flexible, asset-backed financing solutions to the global maritime transportation sector. Its first sub fund SMCF I is backed by a…...
Meet our Sponsors of the 2nd CSN Northern European Crewing Conference??? Maritime Trainer
1+ day, 16+ hour ago (243+ words) Cyprus Shipping News announces that Maritime Trainer joins as Network Cocktail Sponsor of the 2nd CSN Northern European Crewing Conference. Telesat LEO ULC, a subsidiary of Telesat Corporation, one of the world’s largest and most innovative satellite operators, and Farcast, a…...
ShipIn Systems becomes maritime technology???s first Public Benefit Corporation
3+ day, 20+ hour ago (485+ words) Board unanimously approves transition to ShipIn Systems, PBC, binding the company’s growth to a mission of safer, more resilient shipping. ShipIn Systems announced its transition to ShipIn Systems, PBC, becoming the first maritime technology company to organise as a Public…...
Asia-US container rates rise, tanker rates ex-USG soften as Asia port congestion intensifies
3+ day, 20+ hour ago (891+ words) Rates for shipping containers from east Asia and China to the US were mostly higher this week while rates for liquid chemical tankers ex-US Gulf were mostly softer, all while schedule reliability is decreasing because of congestion at Asia ports....
Knightec brings broad engineering expertise to Trondheim???s ocean technology ecosystem
5+ day, 22+ hour ago (502+ words) From subsea and offshore to maritime simulation and advanced product development, Knightec brings broad engineering expertise to Trondheim’s ocean technology ecosystem, and is now joining Ocean Autonomy Cluster. In Trondheim, Knightec Group works with areas such as maritime and crane…...