News Updates

Njord aims to make vessels more fuel-efficient
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Njord aims to make vessels more fuel-efficient

Cargill, Mitsui and Maersk Tankers have launched their green technological solution Njord, which aims to accelerate cost-effective and industry-wide greenhouse..

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Candela introduces hydrofoiling electric speedboats to New Zealand
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Candela introduces hydrofoiling electric speedboats to New Zealand

Candela’s hydrofoiling electric boats are coming to New Zealand through a partnership with local company Next Generation Boats. The first..

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Bahamas perform strongly in all areas of ICS flag state performance table
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Bahamas perform strongly in all areas of ICS flag state performance table

Pic: Seafarer performing watchkeeping duty The Bahamas has been confirmed as a top-performing flag state, achieving positive scores across all..

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INS ADITYA provides prompt medical assistance to critically injured fisherman
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INS ADITYA provides prompt medical assistance to critically injured fisherman

Based on a distress call received from a fishing boat, FV Mahonnathan, INS Aditya provided prompt medical assistance to a..

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Liner stocks keep rising
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Liner stocks keep rising

Pic: Loading of cargo on container ship Mid-2020 to mid-2021 was a great stretch for ocean shipping stocks: Container and..

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Newbuilding market remains on a modest trajectory
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Newbuilding market remains on a modest trajectory

The newbuilding ordering activity has remained quite subdued during the course of the past week, as holidays in China and..

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Energy crises in Europe impacts LNG shipping rates
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Energy crises in Europe impacts LNG shipping rates

Pic: LNG power plant in Europe A surge in European LNG imports and feeble Asian LNG demand led to increased..

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Peru Shuts Down its Largest Oil Refinery
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Peru Shuts Down its Largest Oil Refinery

After a 12,000-barrel oil spill at a loading buoy off Lima earlier this month, the government of Peru has shut..

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OneOcean announces divestment of Bookharbour
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OneOcean announces divestment of Bookharbour

Maritime digital solutions provider OneOcean Group announces the divestment of the leisure arm of its business, Bookharbour, to the UK’s..

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