The Baltic Exchange’s dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, snapped a five-day winning streak on Thursday, falling about 0.2% to 3,057 points. The capesize index, which typically transports 150,000-ton cargoes including...
Indian state-owned Shipping Corporation of India (SCI) has invited bids to build up to six LNG dual-fuel container vessels. The tender includes two firm orders and options for four additional vessels, according to the tender notice. Each vessel will have a capacity of...
HII (NYSE: HII) and HD Hyundai Heavy Industries (HHI) are advancing their strategic partnership with a pilot program to implement additional intelligent mechanized welding equipment at HII’s Ingalls Shipbuilding division, expanding Ingalls’ robust existing automation...
Global Ship Lease, Inc., an owner of containerships, announced its unaudited results for the three and six-month periods ended June 30, 2026. Second Quarter of 2026 and Year to Date Highlights and Other Recent Developments – 2Q 2026 operating revenue of $198.7...
Hitachi, Ltd. (hereinafter “Hitachi”), Mitsui O.S.K. Lines, Ltd. (hereinafter “MOL”), and Japan Airlines Co., Ltd. (hereinafter “JAL”) have signed a Memorandum of Understanding (MOU) to conduct Japan’s first(Note 1) pilot test on Kume Island, Okinawa Prefecture,...
Paris MoU and Tokyo MoU – CIC on cargo securing Through a press release issued on 03 August, the Paris and Tokyo MoUs published their questionnaire for this year’s CIC. The questionnaire contains ten questions to verify compliance with cargo securing requirements....