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BIMCO publishes time charter party targeting the emerging CO2 trade

BIMCO’s Documentary Committee has adopted a new time charter party which has been developed specifically for the maritime transport of liquefied carbon dioxide (LCO₂). The form, CO2TIME 2026, responds to the rapid development of carbon capture, utilisation and storage...

Alexandrite class minesweeper Polyarny commissioned into service with Russian Navy

Sredne-Nevsky Shipyard (SNSZ, part of United Shipbuilding Corporation / USC) hosted today an official ceremony of the Russian Navy flag hoisting and commissioning into service of the latest generation minesweeper Polyarny of Alexandrite class (Project 12700). USC says...

Orca AI, Samsung Heavy Industries sign MoU on autonomous ships

Orca AI has signed a memorandum of understanding with Samsung Heavy Industries to accelerate large-scale deployment of autonomous vessel technology across newbuild and existing fleets, according to Orca AI. The agreement combines SHI’s autonomous ship systems with...

Hormuz disruption may cap dry bulk growth through 2027

Dry bulk demand growth could be materially constrained through 2027 if disruption persists in the Strait of Hormuz, a route that typically carries about 4% of global dry bulk cargoes and tonne-mile demand, according to BIMCO’s April dry bulk market outlook. Around 210...

Adani Ports Q4 profit up 9% to $348m on 133.4m tonnes cargo

Adani Ports and Special Economic Zone reported a 9% year-on-year increase in fourth-quarter profit after tax to ₹3,308 crore ($348m), supported by higher cargo volumes and revenue growth, according to Adani Ports and Special Economic Zone. Revenue for the quarter...

BIMCO publishes time charter party targeting the emerging CO2 trade

Alexandrite class minesweeper Polyarny commissioned into service with Russian Navy

Orca AI, Samsung Heavy Industries sign MoU on autonomous ships

Hormuz disruption may cap dry bulk growth through 2027

Adani Ports Q4 profit up 9% to $348m on 133.4m tonnes cargo

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