News Updates

Wärtsilä enhances its strength with propulsion orders in fishing vessel sector
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Wärtsilä enhances its strength with propulsion orders in fishing vessel sector

The technology group Wärtsilä will supply the propulsion machinery for four new fishing vessels being built at Karstensens Shipyard in..

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Holistic Appraisal of Maritime India Vision 2030
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Holistic Appraisal of Maritime India Vision 2030

The Indian maritime sector is undergoing a phase of metamorphosis.  The recent initiatives ushered in by the government instil a..

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Phasing out
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Phasing out

Following a contraction in output of newbuild 20ft shipping containers in 2021, ordering has recovered strongly this year, and contrary..

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Normalisation
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Normalisation

The Shanghai and China Containerized Freight Indices (SCFI and CCFI) have fallen by 50% and 19% respectively since the beginning..

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CMA CGM to launch its new MEDGULF service
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CMA CGM to launch its new MEDGULF service

CMA CGM is pleased to announce the launch of its new MEDGULF service, offering a full coverage from West Med..

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Shattered
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Shattered

I enter a room full of trainee Electro-Technical Officers of the merchant marine with anxiety writ all over my face..

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Maersk Brooklyn rescues 10 at sea
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Maersk Brooklyn rescues 10 at sea

On Friday 15 July 2022, the crew onboard the Maersk Brooklyn was contacted by UKMTO (United Kingdom Marine Trade Operations)..

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Ukraine exports reach 2.1 mln tonnes under grain deal
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Ukraine exports reach 2.1 mln tonnes under grain deal

On 22 July, Russia and Ukraine signed an agreement to allow grain exports from three ports in Ukraine during a..

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Volatile Path
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Volatile Path

Dry bulker and container freight rates have continued to fall over the past three months. Due to the seasonality of..

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