Singapore-based Ofer family company, Eastern Pacific Shipping, is to install three 22-metre eSails from bound4blue, on board the 2019-built chemical tanker, Pacific Sentinel, later this year.
Digital maritime technology company Sedna is launching a chartering solution designed to unlock market data from email inboxes.
The idle container ship fleet has contracted again as the crises in the Red Sea and Panama Canal suck capacity into service diversions and distort the market, as newbuildings arrive to alleviate tonnage crunch.
Throughput at the Port of Rotterdam fell by 6.1% in 2023 as geopolitical unrest, low economic growth and high inflation weighed on Europe.
Yara Marine Technologies (YMT) has rebranded as Manta Marine Technologies following its acquisition by Okapi Supply Trading Advisory and announced a new management team.
The newly merged NorthStandard is one of several P&I Clubs reporting strong renewal results, with a rise in premium income and a positive response to its post-merger scale and corporate structure.
Chinese automobile manufacturer BYD is planning to put seven new car carriers into operation in the coming two years to meet the growing export demand.