An 81,000 dwt bulk carrier fitted with rigid sails on two masts has left China en route to Brazil, but WindWings designer BAR Tech said that an even larger vessel is about to make its maiden voyage.

A healthy tanker market, with its tremendous cash flows in 2022, has resulted in a surge of vessel sale and purchase (S&P) activity in 2023.

The first commercial ship to leave Ukraine’s Black Sea ports since the beginning of the war in February 2022 set sail for Turkey today, according to local sources.

A Ukrainian initiative to allow vessels trapped at the country’s ports since the Russian invasion in February 2022 is doomed to failure without the Kremlin’s approval, according to local sources.

Seatrade Maritime Announces Involvement in London International Shipping Week 2023, Event Partnerships with WISTA UK, WEST P&I, and Marketing in Maritime, and Platinum Sponsorship of the LISW23

Japanese shipowner Mitsui OSK Lines (MOL) has become the latest impact partner of the Global Centre for Maritime Decarbonisation (GCMD) in Singapore.

In late winter and spring, 2023, there was a feeling that an uptick in China-related cargo flows would propel the overall market, and the listed dry bulk stocks upward. Fast forward to mid-summer, that appears not to be happening.

Greece remains the world’s leading shipowning nation and the Union of Greek Shipowners (UGS) 2022 – 2023 annual report says that the country’s owners’ control 21% of the global merchant fleet in deadweight tonnage terms.

Danish shipping company, DS Norden, has taken a minority stake in a Danish-Indian biofuel scale-up, Mash Makes.