The cross-sector ClarkSea Index clocked $36,507 a day during the first quarter of 2022, double the 10-year average and the strongest start to a year than at any equivalent period over the last three decades.
Japanese consortium e5 Lab Inc has chosen an ABB power system for its world-first hybrid electric biomass fuel carriers.
Abu Dhabi, UAE-based Safeen Feeders has inked an agreement with Bangladesh’s Saif Powertec for the delivery of bulk cargoes from Fujairah to Chattogram and Mongla.
Cosco Shipping Bulk, the bulk unit of Cosco Shipping Group, has opened up new office in London.
Norden has announced a carbon-neutral biofuel sailing option using waste cooking oil for customers looking to reduce their environmental impact.
The Panama Canal Authority has proposed a simplified structure that provides price stability for customers with a long term-plan and a variable, demand-based structure for the value-added services.
Market forces are creating different demand on vessel speeds in tanker and dry bulk markets, but with good news for owners in both segments.
Tributes have been paid to Captain Jitendra Misra after he passed away March 23.
