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Study On Ship Sliming May Enable Reduced Costs And Emissions In Ocean Transport

Study On Ship Sliming May Enable Reduced Costs And Emissions In Ocean Transport
Slime build-up is a costly drag on fuel efficiency for ocean-going cargo ships, leading to more emissions and, eventually, higher consumer prices. A recent study, however, suggests a new approach to managing this common problem. Researchers at KTH Royal Institute of...
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US sanctions impact on VLCC tanker market may be short-lived

US sanctions impact on VLCC tanker market may be short-lived
The sharp rise in Very Large Crude Carrier rates from the Persian Gulf to Asia following new US sanctions may prove temporary, according to market watchers, as key buyers China and India show limited signs of permanently shifting away from Russian crude imports. VLCC...
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Baltic index at over 1-year low as rates decline across segments

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell for a sixth straight session on Tuesday to an over one-year low as rates weakened across all vessel segments. The overall index, which factors in rates...
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Marcura Expands Digital Solution Suite with Acquisition of VesselMan

Marcura, global leader in digital maritime solutions, has announced the strategic acquisition of VesselMan, a prominent provider of technology solutions for dry-docking and technical project management for shipowners and managers. Today’s announcement marks a...
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COSCO Pilots Safe Transportation with Longxing Chemical over GSBN

Global Shipping Business Network (GSBN), a neutral, not-for-profit consortium enabling paperless, accessible and sustainable global trade with its data infrastructure and ecosystem of partners, announced a significant milestone in the digitalisation of critical cargo...
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Navig8 Commences Commercial Management of 20 ADNOC L&S Tanker Vessels

Navig8 is pleased to announce that it has commenced the commercial management of the ADNOC L&S tanker fleet, comprising 20 vessels. This strategic move sees eight VLCCs, eight LR2s, and four LR1s join Navig8’s marketleading pools, further strengthening the...
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