The Chilean giant state mining company Codelco, Japan’s NYK Bulk & Projects Carriers (NBP), Oshima Shipbuilding and Sumitomo Corporation have signed a Memorandum of Understanding (MoU) design and build an ammonia dual-fuel handymax bulker.

With the Panama Canal implementing sharp cuts in the number of booking slots for transits in the coming months tankers are set to be squeezed out of using the key waterway.

At the beginning of October it was full speed ahead for Greek shipowners renewing their fleets with newbuilding orders up 40 - 50% over the past 12 months.

The Panama Canal announced a series of sharp reductions in booking slots to just 18 daily by February 2024 following the driest month of October in 73 years.

Operations have begun on clearing the queue of over 100 vessels at the St Lawrence Seaway after unions and management reach agreement on a tentative pay deal.

Cargo moves in and out of the Great Lakes have been stymied as workers from Unifor, the labour union representing workers at Canadian ports and locks along the Saint Lawrence Seaway, commenced a strike action late last week.

Carbon capture is a promising technology in helping marine transport in making the green transition, but measures aimed at decarbonisation need to be consistent and broadened in order to be effective says Intercargo chairman, Dimitris Fafalios.

Tragic maritime incident off Helgoland, Germany: General cargo ship Verity sinks after collision with bulk carrier Polesie. Rescue operations underway in challenging conditions. Updates pending.

Hapag-Lloyd and the Brazilian shipping and waterway logistics company Norsul have set up a new joint venture, “Norcoast”.

The installation of four BARTech WindWings on board the 2018-built Newcastlemax bulk carrier, Berge Olympus, is expected to save six tonnes of fuel and close to 20 tonnes of carbon dioxide a day in the carriage of iron ore between Brazil and China...