Heading into 2020 the cruise industry was booming. The number of passengers who went on cruises in 2019 was at an all time high, a trend mirrored by the exponential fleet growth since the 1950s. However, COVID-19 caused an industry wide shut down.
Market Insights: Cruise Shipping … Now What? Read More »
The Baltic Exchange’s main sea freight index rose to more than a six-month high on Tuesday, boosted by stronger demand for capesize and panamax vessels.The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and reflects rates …
Baltic Index Rises to Over 6-month High Read More »
The Insitute of Marine Engineering, Science & Technology (IMarEST) has appointed a new chief executive – Gwynne Lewis – who will begin the role on June 29.David Loosley, the IMarEST’s current chief executive, previously announced that he will be stepp…
IMarEST Names Lewis Chief Executive Read More »
In November 2019, electric mobility solutions provider eCap began a partnership with fuel cell technologies company Re-Fire Technology for the joint development of cross-sector fuel cell projects.The first milestone of this partnership was reached…
DNV GL Grants AiP for Hydrogen Electric System Read More »
U.S. West Coast shipbuilder and repair provider Vigor Marine has been awarded a $30,269,098 firm-fixed-price contract for a 120-calendar day post shakedown shipyard availability of the expeditionary sea base ship Miguel Keith (T-ESB 5), owned and opera…
Vigor Wins $30 Mln Ship Maintenance Contract Read More »