Somali pirates released the hijacked ship MV Abdullah on Sunday after its Bangladeshi owners reportedly paid a $5 million (€4.7 million) ransom. Meherul Karim, CEO of shipping company KSRM, said the 23 crew members had been released unharmed. “The pirates called us...

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The Clean Arctic Alliance today welcomed the Danish government’s announcement that it will prohibit the discharge of scrubber water from ships into the marine environment in its territorial waters (to 12nm), and called for all Arctic states to not only follow...

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Harbor Lab, a global leader in maritime technology for centralizing and simplifying port disbursement costs is today announcing a new contract with one of the world’s largest dry bulk shipping companies – Oldendorff Carriers. Harbor Lab’s software-as-a-service (SaaS)...

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The spot discount for very low sulphur fuel oil (VLSFO) widened on Monday, while the market intermonth structure weakened to parity for the balance month, weighed by bearish fundamentals for the prompt market. Singapore’s VLSFO cash differential was pegged at a...

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SEA Europe, the association representing the European maritime technology industry, comprising shipyards and maritime equipment manufacturers, has issued a resounding call to action to European policymakers. SEA Europe is urging them to formulate a comprehensive...

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