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Repeat order emphasises strength of Wärtsilä hybrid propulsion system for Aasen Shipping’s bulk carrier series

Technology group Wärtsilä will supply an integrated hybrid propulsion system for a bulk carrier vessel being built at the Royal Bodewes shipyard in the Netherlands for Norwegian shipowner Aasen Shipping. This will be the latest in a series of six such vessels to...
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Baltic index rises to near two-year high on higher rates across vessels

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, rose to its highest level in nearly two years on Thursday, propelled by gains across vessel segments. * The main index BBDI, which factors in rates for...
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Valenciaport records an 11.7% increase in exports in October

Export container traffic at Valenciaport during October showed an increase of around 11.7% compared to the same period last year. In October, a total of 492,772 containers were handled by the Valencian terminals, of which 85,961 contained cargo destined for export....
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Supporting long-term and sustainable outcomes in US shipping

With international shipping contributing approximately 2 per cent of global greenhouse gas emissions, the sector requires a greater steer towards meeting global 2050 net zero targets. By adopting net zero measures, ports can evolve into clean energy precincts that...
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The Role of the Public and Private Sectors in Port Reform and Investments

The Role of the Public and Private Sectors in Port Reform and Investments
The history of port reform is one of evolving public-private partnerships. Two decades ago, when the World Bank’s first Reform Toolkit was introduced, most ports were publicly run, with authorities owning and operating nearly every activity. At this time, many ports...
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Norway and Arctic nations Must Lead on Cleaner Fuels for Arctic Shipping

Norway and Arctic nations Must Lead on Cleaner Fuels for Arctic Shipping
Norway has a unique opportunity to stamp its influence on the clean up of Arctic shipping, ahead of an upcoming International Maritime Organization meeting in February 2026 in London that will set rules on what fuels can be used in the immediate future by shipping in...
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