How to avoid $500,000 shaft line repair bills

May 15, 2024

Healthy shipping markets and tight repair space mean a damaged shaft line can be a costly affair, but Wärtsilä believes this should no longer be an issue.

NYK to develop wood pellet-powered ship

May 14, 2024

The world’s first biomass-fuelled ship is set to be developed by group of shipping and energy businesses from Japan and the UK under a new MoU.

AD Ports doubles first quarter revenue

May 14, 2024

AD Ports Group has more than doubled its first quarter earnings compared to Q1 2023, with a 22% uplift on a like-for-like basis.

Union dismisses Canadian West Coast ports employers complaint

May 14, 2024

A union official has dismissed a BC Maritime Employers Association (BCMEA) complaint against the foremen’s union as just “drama” following the resolution of the main contract negotiations.

Bank lending to Greek shipping falls, sale and leaseback deals increase

May 14, 2024

Despite robust new loan generation as 2023 progressed, at the dawn of 2024 bank lending to Greek shipowners was down reported the 23rd annual analysis by Petrofin Research of bank lending to Greek shipping companies.

Baltimore Key Bridge controlled demolition

May 14, 2024

A series of controlled explosions has been carried out to blast apart section of the collapsed Key Bridge that was resting on the bow of the container ship Dali.

Seatrade Maritime Hellas Report 2024

May 13, 2024

All eyes will be on Athens in June this year as the international maritime industry returns in force for Posidonia 2024. Hellas Maritime Report has an exclusive preview of the show, along with insights into the topics that will be discussed in the...