The Baltic Exchange’s dry bulk sea freight index, tracking rates for ships carrying dry bulk commodities, fell to its lowest level in a week on Wednesday, weighed down by lower rates across all vessel segments. The overall index, which factors in rates for capesize,...

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Japan’s Tsuneishi Shipbuilding Co., Ltd. has ordered 3 × MAN B&W 7G50ME-C9.6-LGIM (-Liquid Gas Injection Methanol) main engines in connection with the building of 3 × 81,200 dwt bulk carriers for Danish shipping company, J. Lauritzen. Each engine will feature MAN...

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At the Marintec China trade fair, DNV awarded an Approval in Principle (AiP) certificate to China Merchants Jinling Shipyard (Nanjing) Co., Ltd. for its ground-breaking 11,000-CEU capacity pure car and truck carrier (PCTC) design. SHARE: Recognized as the world’s...

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The chief executive of UAE-based energy firm Crescent Petroleum on Tuesday claimed that blaming the oil and gas industry for the climate crisis “is like blaming farmers for obesity.” His comments come at the mid-point of the U.N.’s biggest and most important annual...

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Kalmar, part of Cargotec, is to begin production of its electric reachstacker and Essential forklift truck range at the company’s Shanghai manufacturing plant. The production launch was celebrated at a themed ‘Electrify & Expand’ event on 6th December with...

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