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.
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 Group has more than doubled its first quarter earnings compared to Q1 2023, with a 22% uplift on a like-for-like basis.
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.
Tankers, dry bulk vessels, container ships, chemical tankers and offshore wind vessels all contributed to the first results from a new-look Euronav.
Intermarine has moved into bulk shipping services under the new brand Intermarine Bulk Carriers.