Kongsberg Digital, a subsidiary of KONGSBERG, and Shell Marine signed an MoU today to work together on new ways to accelerate decarbonization initiatives and assist the energy transition in the maritime industry. During the international maritime trade fair SMM this...

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The Baltic Exchange’s main sea freight index extended gains on Thursday as rates for the panamax vessel segment rose for the sixth straight session. The overall index, which factors in rates for capesize, panamax, and supramax shipping vessels, was up 45 points, or...

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On 22 July, Russia and Ukraine signed an agreement to allow grain exports from three ports in Ukraine during a period of 120 days. On 7 September, Putin expressed concerns over the agreement, giving rise to uncertainty about its scope and renewal. More than 40 days...

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The dry bulk market has continued to remained depressed, although some signs of a tentative rebound were obvious during last week’s trading. In its latest weekly report, shipbroker Allied Shipbroking said that “a glimpse of hope was to emerge in the dry bulk market...

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Bolloré Logistics has recently signed an agreement with strategic partner Hapag-Lloyd to promote the use of marine biofuel and contribute to the reduction of their greenhouse gas emissions related to maritime transport. This commitment, starting on 1 September, for a...

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