Sector
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Norwegian students make machine learning algorithm breakthrough, beating the cape markets by 10%
Just how much machine learning algorithms can deliver to capesize earnings has been quantified in a landmark new piece of…
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Nine US-listed bulk firms have lost $11.33bn over the past 10 years
Alphabulk, part of AXS Marine, has launched a withering attack on the poor financial performance of US-listed dry bulk companies…
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Call to convert all open-loop scrubbers
The International Council on Clean Transportation (ICCT), a Washington DC-based non-profit organisation, is calling for all open-loop scrubbers to be…
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Frank Coles calls for modern day Berlin Airlift to resolve the crew change crisis
Wallem boss Frank Coles has called for a modern day ‘Berlin Airlift’ to fix the crew change crisis. The head…
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55% of shore-based employees are seeking a new job
Whichever way you turn at the moment, you cannot escape the needs or wants of people. For those of us…
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Hafnia responds to Diamond S and Norden’s nuptials
Hafnia has passed comment on one of this week’s biggest news items – the creation of a mega MR pool…
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CSSC appoints new chairman
China State Shipbuilding Corporation (CSSC) has announced the appointment of Zhang Yingdai as its new chairman, replacing Lei Fanpei who…
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Wintermar reschedules debt with lenders
Indonesian offshore vessel operator Wintermar has concluded an agreement with two major lenders, International Finance Corporation (IFC) and Deutsche Investitions-…
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Maersk Tankers debuts digital spinoff
Digital start up ZeroNorth, a spin off from Maersk Tankers, has released the software Optimise to shipowners and operators with…
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Wallenius Wilhelmsen pleads guilty to cartel charges in Australia
Norwegian car carrier operator Wallenius Wilhelmsen has today entered a guilty plea in the Federal Court to criminal cartel conduct…
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Petrobel terminates Shelf Drilling rig contract
UAE-based drilling rig operator Shelf Drilling has received a notification for the early termination of the contract for jackup rig…
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Fugro awarded long-term IRM contract by Seamec
Dutch subsea and seismic giant Fugro has been awarded a 3-year inspection, repair and maintenance (IRM) contract by Seamec to…
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Cape sales accelerate
Greek bulker outfit Carras Hellas has just sold the 2003-built 171,015 dwt for around $9m, cutting its cape fleet down…
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Cases of self-harm at sea increase
Cases of self-harm at sea are on the increase as the months stretch by without a global solution to the…
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Singapore steps up crew change measures with accomodation facilities
Singapore has taken a big step forward with its measures to facilitate crew changes in the city state, with the…
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The future of chartering
New chartering platforms with bold transformative claims have been making plenty of headlines over the last couple of years. To…
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MISC chairman resigns less than three weeks after appointment
Malaysian national shipping company MISC has announced that the group’s chairman Tan Sri Noh Omar has resigned, less than three…
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The box market tanks but rates increase
Lars Jensen from Sea-Intelligence Consulting praises the strong capacity management seen by the carriers so far this year. We have…
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Weekly Broker: Bulkers lead the pack
The dry bulk sale and purchase market has seen a pick-up in activities in line with the soaring Baltic Dry…
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New European consortium developing green fuel for aviation turns its attention to shipping
A front-runner for the next generation of green fuel for the aviation industry could be used for ships. Oslo-headquartered Norsk…
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