Logistics

Days after resolving a deadlock conflict between its two significant shareholders, global tanker giant Euronav embarks on a mission to uphold its long-standing business routine, reassuring the market with its consistent focus on long-term objectives. Today, the company announced a move indicating its steadfast shift toward expansion, taking up the construction clause for an additional […]

Unprecedented Drought Impairs Amazon Shipping Strident drought is beleaguering the major waterways within the Amazon rainforest, sparking a blend of challenges for the region’s shipping traffic and hiking the cost for northern shipping routes dramatically. This stress on logistics predictably spells trouble for the export of corn in the immediate future, particularly for the region

In a glorious ceremony graced by Australia’s Defence Personnel Minister and Veterans Affairs Minister, Hon. Win Bakri Daki MP, Austal, a reputed shipbuilding group in Australia, recently marked a crucial achievement. Austal Australia, a segment of the group, delivered its 17th Guardian-class Patrol Boat to the country’s Department of Defence, adding a new feather in

Unveiling Nautical Wonders in the Virtual Arena A trailblazing innovation has been launched by Dutch shipbuilding company, Damen. They have crafted a virtual version of an under-construction Combat Support Ship, ‘Den Helder’, and delivered it to a division of the Dutch Ministry of Defense. The cutting-edge application of virtual reality (VR) enables crews to get

Deep within the Arctic North, in the ginormous expanse of Russia, a new plan swirls like an impending snowstorm. Nestled on the cusp between the mesmerizing White Sea and the unyielderable Barents Sea, the dynamic port city of Arkhangelsk prepares to outline a new chapter in its maritime history. The city’s blueprint for an innovative

High-Efficiency Multipurpose Vessels Headline Skarv’s New Order In a striking advancement for the maritime industry, Norway’s prominent firm, Skarv Shipping, has recently contracted Huanghai Shipbuilding, a renowned entity in China, for four advanced 7,000 DWT vessels. Each vessel is designed with the potential capability to convert to methanol or ammonia propulsion, nudging towards a more

Diana Shipping, a distinguished maritime company based in Greece, is currently in the process of acquiring tonnage that operates on methanol. Diana Shipping has declared, via a recent online statement, that they have entered a letter of intent with the globally recognized Marubeni Corporation. Their collective goal is to procure two 81,200 DWT dual-fuelled Kamsarmax

Jinhui Shipping and Transportation, a prominent Chinese bulker operator, recently marked a noteworthy spot on the industry’s radar. This was accomplished by their acquisition spree after disposing of their oldest soon-to-retire vessel. Based both in Hong Kong and Oslo, the shipping giant clinched a deal for the UltraMax Hanton Trader III, a 2014-built model. The

Conquering the Cold: The Laurentian Pilotage Authority Initiative Inside the cold Canadian waters surrounding Quebec, the Laurentian Pilotage Authority (LPA) stands as a beacon, providing pilotage services to marine operators. Remedying the frequent cold weather challenges, when it was time for an upgrade, LPA desired an ice-resistant vessel that could brave the region’s hostile conditions.

Harnessing Green and Digital Capabilities for a Synergized Maritime Sector The Maritime and Port Authority of Singapore, the Port of Rotterdam, and 20 collaborators comprising the Green & Digital Shipping Corridor are meticulously crafting strategies to slash 20% to 30% of carbon emissions caused by global shipping by the year 2030. A consensus on this