Industry trade group BIMCO has reported that newbuilding prices have reached a 16-year-high following a surge in orders in 2023.
According to BIMCO analyst Niels Rasmussen, newbuilding prices have…
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’) can have an…
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 source of energy;…
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 unknown, a new…
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 operate as a…
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.
The vessel - which will…
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.
Of the 12 newbuilds…
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’ cargo terminal, a new…
Veer Corporation, a maritime startup based in the Bahamas, is making headway with its innovative approach to zero emissions container vessels. The company's ambitious project aims to…
With a career spanning more than two decades, Michael Banning is one of Brookes Bell’s Managing Marine Engineers with a specialism in marine fuels and fuel analysis. Michael’s journey began…
