Japanese shipping company Nippon Yusen Kabushiki Kaisha (NYK) is testing a navigation and collision avoidance system in another step toward autonomous cargo ship operations.NYK and MTI Co. Ltd. (MTI) have installed Orca AI’s Automatic Ship Target…
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The 600kW Penguin wave energy converter, developed by the Finnish company Wello, has started generating clean power to the local Basque electricity grid.
The post Penguin wave energy device starts producing power offshore Basque Country appeared first …
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German cruise line AIDA Cruises, part of Carnival Corporation, wants its fleet to be zero-emission by 2040, ten years ahead of the climate targets set by the International Maritime Organization (IMO).
The post AIDA Cruises aims to have carbon-neutral …
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BIMCO’s longtime chief shipping analyst Peter Sand is departing the trade organization to take up the chief analyst role at ocean and air freight rate benchmarking, market analytics platform and container shipping index Xeneta, the Olso-based…
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US ratings agency praises innovative $2.5bn financing portfolio and diversified client base
Kroll upgrades Seaspan as containership rates continue to rise Read More »