News and Knowledge

19/07/2024

Active Shipyard Numbers Jump by 17.7% in Two Years

Data released by Greece’s Xclusiv Shipbrokers suggests that the current newbuild boom has resulted in a jump in the number of active shipyards over the past two years.

18/07/2024

MSC Containerships to Use Shore Power at Port of Hamburg

The transition towards the use of shore power continues unabated with the news that MSC, Mediterranean Shipping Company, will be using shore power on its container vessels at the...

17/07/2024

Newbuilding Prices Reach 16-Year High

Industry trade group BIMCO has reported that newbuilding prices have reached a 16-year-high following a surge in orders in 2023.

15/07/2024

SAAM Terminals Invests in $500k Crane Simulator

In many ways, cranes represent the beating heart of your average cargo terminal. Handling hundreds of containers per day, the efficiency of crane operations (known as ‘crane rate’)...

12/07/2024

Project to Explore LNG to Hydrogen-Fuel Cell Retrofit

LNG may be widely considered to be a low-carbon fuel source. However, a new project is aiming to establish whether it’s possible to retrofit an LNG vessel to an even lower-carbon...

11/07/2024

Pilot Project Aims to Determine Impact of Long-Term Biofuel Use

With pressure growing to decarbonise, an increasing number of vessel owners and operators are turning to biofuels. However, with the impact of long-term biofuel use being largely...

09/07/2024

Launch of New International Maritime Cyber Security Organisation

A new body dedicated to raising the standards of cyber security across the maritime industry has launched. The International Maritime Cyber Security Organisation (IMCSO) will...

08/07/2024

Jan De Nul Orders First Plug-In Hybrid Dredging Vessel

Belgian marine services company Jan De Nul has announced its order of an innovative plug-in hybrid dredging vessel which is set to be constructed at Goa Shipyard Ltd.

04/07/2024

Eastern Pacific Shipping Signs for 12 Car Carrier Newbuilds

The wave of car carrier newbuilds continues with the news that Singapore-headquartered Eastern Pacific Shipping has signed a deal for 12 new car carriers with yards in China.

02/07/2024

DP World Opens New Facilities at Constanța, Romania

Emirati multinational logistics company, DP World, has opened new facilities at the Black Sea’s largest container port - Constanța, in Romania. The facilities include a ‘heavy’...