Way Forward already holds the highest Carbon Intensity Indicator (CII) rating, A. The addition of wing sails is expected to further improve the vessel’s energy efficiency while generating valuable operational data on wind-assisted propulsion in commercial service....

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New LR RouteFlex application leverages metocean data to empower operators with more flexible, dynamic, voyage-based stowage optimisation. Lloyd’s Register (LR) has launched LR RouteFlex, a new application that helps containership operators increase operational...

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The Baltic Exchange’s dry bulk freight index, which tracks rates for ships carrying dry bulk commodities, surged by 5.5% by 3,331 points on Wednesday, reaching its highest since December 2023.   Gains were broad-based, led by the larger vessel segments. The...

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Hoyer VMS Group and Kongsberg Maritime are strengthening their existing cooperation through a multi-year agreement. Hoyer VMS Group’s expanded authorized scope covers defined products and services within Propulsion and Handling, across agreed market segments and...

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The benchmark Dutch TTF natural gas price rose above €70 per megawatt-hour on Monday, as renewed fighting between the US and Iran raised fresh concerns about further delays to LNG exports from the Persian Gulf. The European benchmark Dutch TTF natural gas price for...

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