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St1 launches Swedish-produced LBG bunkering in Gothenburg

St1 and its subsidiary St1 Biokraft have, for the first time, supplied their own Swedish-produced liquefied biomethane (LBG) to the shipping industry. The delivery was...

Konecranes nears completion of jib crane delivery to US Navy

Konecranes is nearing the completion of a long-term contract with the US Navy, initiated in 2017, to deliver four portal jib cranes to naval...

Hiab to invest over US$20 million in expanding and modernising Raisio Multilift facility

Hiab is committing €19 million (US$21.3 million) to expand and modernise its Multilift demountables production site in Raisio, Finland. The investment aims to upgrade both...

Anemoi collaborates with Hafnia, GSI, and DNV to develop Rotor Sails for MR tankers

Anemoi Marine Technologies has announced a new collaboration with Hafnia, Guangzhou Shipyard International, and DNV to design and integrate Rotor Sails for 50,000 dwt...

Dry bulk ship recycling falls to 17-year low

In this week’s “Shipping Number of the Week” from BIMCO, Shipping Analysis Manager, Filipe Gouveia, looks at the recycling of dry bulk ships, which...

MacGregor secures first electric crane order for India-built vessels

MacGregor has received an order from the Netherlands-based Vertom Group to supply fully electric cargo cranes for four multipurpose vessels. This contract marks MacGregor’s first...

Port of Bilbao welcomes Onego Deusto on its first voyage with eSAIL wind-assisted technology

The Port of Bilbao has welcomed Onego Deusto, operated by Onego Shipping & Chartering, as its first port of call after departing Rotterdam equipped...

US sanctions target Iran-China oil trade, stirring waves across global shipping

As Washington ramps up its campaign to stifle Iranian oil revenues, a new chapter is unfolding in the ongoing tensions between the United States,...

The Switch secures contract for shaft generator drives on new aframax tankers

The Switch has secured a contract to supply single drives for shaft generators to be installed on four tankers currently under construction at Xiamen...

BP sells six MR tankers for US$200M

BP is reportedly divesting six medium-range (MR) tankers in a deal valued at around US$200 million. The vessels include British Cadet, British Captain, British Chief,...

Parrish & Heimbecker acquires grain terminal in Quebec

Parrish & Heimbecker (P&H), a Canadian family-owned agri-business, has bought a deepwater bulk marine export terminal in Quebec City from Société en Commandite Terminal...

BIMCO’s Dry Bulk Market Report: US Tariffs Weaken Demand Outlook

BIMCO anticipates a weakening in the supply-demand balance of the dry bulk market through 2025 and 2026, driven in part by recent changes in...

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Klaipėda port embarks on green hydrogen initiative

Klaipėda Port launched its green hydrogen initiative, positioning itself as the first in Lithuania and the broader Baltic region to produce and supply green...

WR Logistics announces new CEO for Italy

WR Logistics, a provider of project logistics solutions for large-scale industrial and infrastructure projects, has appointed Massimo Naldini as CEO for Italy. Naldini will oversee...

Gebrüder Weiss expands operations in Thailand

Gebrüder Weiss will open a new country organization in Thailand on June 1 to strengthen its market presence in Southeast Asia and expand its...

US Court strikes down most Trump tariffs

A US trade court has blocked most of President Donald Trump's broad tariffs, ruling that he exceeded his authority by imposing sweeping import duties,...

European Union’s new strategic vision for Black Sea

In response to escalating regional tensions and the intensifying threat landscape, the European Union (EU) has unveiled a new strategic initiative for the Black...
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