Ocean engineering researchers at Texas A&M University are developing a smart system to combat collisions between ships and stationary structures such as offshore platforms. By combining raw radar imaging data with advanced machine learning, the researc…
Texas A&M Develops Smart Navigation Assistant Read More »
It seems that the tanker market will experience diverging paths amongst its various classes, but mainly between crude and product tanker in the years to come. In its latest weekly report, shipbroker Gibson said that “the 2025 edition of the IEA’s World…
Capesize The market delivered a firm performance this week, characterised by early strength, a mid-week surge and a measured correction thereafter. Positive momentum was established in the Pacific, where steady miner activity and tightening tonnage lis…
Dry Bulk Shipping: Capesizes Gaining Momentum Read More »
Major carrier CMA CGM has announced its INDAMEX service will transit Suez Canal on fronthaul and backhaul voyages between India/Pakistan and US East Coast in a notable step towards a largescale return of container ships to the Red Sea region. The first…
All 12 crew members rescued
Chinese bulker breaks apart after running aground Read More »