The Maritime Technologies Forum (MTF) has today released a new report exploring the safety considerations for establishing green corridors, providing a detailed safety checklist to help guide ship owner and port authority decisions. The MTF’s study facilitates...

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Global Shipping Business Network (GSBN), a neutral, not-for-profit consortium enabling paperless, accessible and sustainable growth in global trade with its data infrastructure and ecosystem of partners, has published a new study highlighting the potential for...

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The Baltic Exchange’s dry bulk sea freight index rose to a one-week high on Thursday, helped by higher rates for the capesize and panamax vessel segments. The overall index .BADI, which factors in rates for capesize, panamax and supramax shipping vessels, rose by 103...

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Mitsui O.S.K. Lines, Ltd. announced the March 29 launch of commercial operation by the floating storage and regasification unit (FSRU) Jawa Satu (Note 1) for the Jawa 1 LNG-fired power plant in Indonesia. MOL owns the FSRU through PT Jawa Satu Regas (JSR), jointly...

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Eagle Bulk Shipping Inc. today announced that its shareholders voted in favor of (1) a proposal to approve and authorize the previously announced Agreement and Plan of Merger, dated December 11, 2023 (the “Merger Agreement”), entered into by and among Star Bulk...

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Shipping companies face a costly dilemma in the Red Sea. Houthi attacks mean vessels passing through the Suez Canal risk being hit with ballistic missiles. The alternative is to go around the Cape of Good Hope, adding more than 8,000 nautical miles to the journey. The...

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