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X-Press Feeders Expands Europe’s First Green Methanol-Powered Feeder Network with the Launch of Green Baltic X-PRESS

Rotterdam, Netherlands, 23 August 2024-X-Press Feeders, the world’s largest independent common carrier, today announced the launch of its second green methanol-powered route, the Green Baltic X-PRESS (GBX). It is part of Europe’s first scheduled feeder...
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Powerful wave of wind propulsion set to crash over the bow of SMM 2024

The presence of wind-powered shipping will be more prevalent than ever before at the upcoming SMM trade fair in Hamburg, reflecting the industry’s growing movement back towards using the renewable energy source that once powered the majority of the maritime...
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Snapshot of Crude and Product Freight Rates, Supply-Demand

This week’s special focus is on the dirty oil flows from Arabian Gulf origin countries to all destinations, particularly in light of the ongoing Middle East tensions. Below, we examine the evolution of these flows between 2023 and 2024. comparing the monthly...
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NYK Completes World’s First Commercial-Use Ammonia-Fueled Vessel The tugboat will operate in Tokyo Bay

NYK Completes World’s First Commercial-Use Ammonia-Fueled Vessel The tugboat will operate in Tokyo Bay
On August 23. the ammonia-fueled tugboat Sakigake was completed by NYK and IHI Power Systems Co., Ltd. (IHI Power Systems) in cooperation with Nippon Kaiji Kyokai (ClassNK). This is the world’s first ammonia- fueled vessel for commercial use. The NYK Group...
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Kongsberg Gruppen: Maritime to access Eutelsat OneWeb high-speed connectivity for an autonomous shipping connectivity trial, supported by Telenor Maritime

Kongsberg Maritime is to begin a trial of Eutelsat OneWeb’s low Earth orbit (LEO) satellite internet service on an autonomous barge operation across the Oslo Fjord. In a collaborative project with the help of Norwegian telecommunications provider Telenor...
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Baltic index snaps 4-day winning streak as panamax rates slip

The Baltic Exchange’s dry bulk sea freight index BADI, which tracks rates for ships carrying dry bulk commodities, declined on Friday after four consecutive days of gains, hurt by lower rates for panamax vessels. The overall index BADI, which factors in rates...
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