Capesize rates leap 11% in a day to new four-month high amid China’s hunger for iron ore and coal
China’s steel output for August is up 3.2% from a year ago, analyst notes
September 2023
‘They’re going to need wind’: Wingsail maker AYRO raises €19.2m funding and names new CEO
Wind propulsion tech company to use cash to scale up production and build commercial team
Value Maritime Installs First Filtree System for Ardmore Shipping
Value Maritime announced it has completed the first in a series of nine installations of its emissions reducing Filtree systems for product and chemical tanker company Ardmore Shipping Corporation.Taking place in China, this was the first time…
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Svitzer Expands Its Tug Fleet in Brazil
A.P. Moller – Maersk’s towage arm Svitzer announced the continued expansion of its fleet in Brazil, as part of the ongoing growth of its operations in the country.Svitzer Monte KT is the fourth tug to join the fleet in the country since April.
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Unboxing the ammonia-powered 15,000 TEU boxship: Seatrade and Foreship reveal key design features
Ammonia-powered container vessels are technically feasible and their development can meet acceptable preliminary safety […]
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