Long-term contracted ocean freight rates continued their ascent through June, although not with the dizzying trajectory witnessed in recent months. May’s 9% surge in prices
The technology group Wärtsilä will develop the regasification system for a new offshore LNG terminal to be built in the Bay of Bengal. The project
Hong Kong holidaymakers can soon pack their bags for the ultimate adventure on board Royal Caribbean’s Spectrum of the Seas, Asia’s largest, newest and most
Samsung Heavy Industries is accelerating the development and commercialization of the world’s first fuel cell-operated LNG carrier. SHI succeeded in developing an LNG carrier powered
A massive explosion has shaken the Caspian Sea, sending a fireball shooting into the sky. The incident occurred near an oil and gas field off
Egyptian officials are all set to release the Panama-flagged mega-container ship Ever Given at a special ceremony on Wednesday. The vessel had been seized following
Mr. Tran Van Khoi, Search and Rescue Officer from Viet Nam, will receive the award for rescuing four survivors from a sunken vessel. A search
Leading Classification Society ClassNK has proclaimed its roles to support the transition of the shipping business to zero-emission. While efforts to build a decarbonized society
As the marine industry strives for a decarbonized future, Alfa Laval and partners are investigating the technologies needed to achieve it. One of the opportunities
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