The Baltic Exchange’s main sea freight index, tracking rates for ships ferrying dry bulk commodities, rose on Friday, marking a monthly gain, supported by increasing demand for the capesize vessel segment. The overall index, which factors in rates for capesize,...
Three new berths will start operations at Singapore Tuas Port later this year to tackle extended waiting times for ships after Red Sea shipping tensions boosted vessel arrivals, said Singapore’s Maritime and Port Authority (MPA). The diversion of vessels around the...
Using a digital library for the design process and 3D printing, also known as Additive Manufacturing (AM), the consortium aims to support rapid Maintenance, Repair And Operations (MRO) on sailing merchant vessels focused on metallic materials. Project partners include...
HMM, South Korea’s largest shipping company, has teamed up with Avikus, a subsidiary of HD Hyundai specializing in autonomous navigation solutions, to implement and verify the fuel-saving effects of Avikus’s ‘HiNAS Control’ autonomous navigation solution. In a move...
Eastern Pacific Shipping (EPS) has entered into an agreement with DeepSea Technologies to implement a comprehensive, fleet-wide deployment of DeepSea’s pioneering Cassandra Performance Monitoring platform. This strategic partnership will deepen EPS’ existing...
ClassNK has released the ‘Guidelines for Ships Using Alternative Fuels (Edition 3.0)’. In addition to safety requirements for ships using methanol, ethanol, LPG, and ammonia as fuel, this edition newly adds requirements related to hydrogen-fueled ships, providing...