Oil prices edged higher on Thursday as investors focused on the possibility of deeper supply cuts from the world’s biggest producers, whilst largely shrugging off reports which cut demand forecasts after the coronavirus outbreak in China, the biggest o…
Oil Prices Climb on Hopes of Deeper OPEC+ Production Cuts Read More »
While owners have long recognized the link between clean hulls and lower fuel costs, lack of reliable data has slowed investments in optimizing hull performance. But with improved sensor technologies and data analysis tools, hull performance is getting…
Ship Efficiency: Improve Hull Performance Read More »
The Baltic Exchange’s main sea freight index remained flat on Thursday, as higher rates for panamax vessels offset weaker rates for other vessel categories.The Baltic index, which tracks rates for capesize, panamax and supramax vessels that ferry dry b…
Baltic Index Remains Flat Read More »
Rauma Marine has held a keel-laying ceremony for Aurora Botnia, a new ferry being built for Kvarken Link.
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Keel Laid for New Swedish-Finnish Ferry Read More »
The world’s first adaptive ferry transit conducted during normal service took place last week on a vessel fully loaded with passengers and vehicles, demonstrated fully automatic control from dock to dock, Kongsberg Maritime announced. The landmark cro…
Automatic Ferry Enters Regular Service in Norway Read More »