“Despite increasing trade policy uncertainty and falling freight rates, the container ship order book has continued to expand. It now totals more than 1,350 ships with a combined capacity of 11.8m TEU,” says Niels Rasmussen, Chief Shipping Analyst at B…
Container vessel Orderbook Hits Record High Read More »
Marine insurer Gard and maritime technology company NAVTOR have partnered to integrate Gard’s loss prevention content into NAVTOR’s NavStation platform, aiming to improve access to safety guidance for crews and operators at sea.The collaboration…
Gard, NAVTOR Integrate Loss Prevention Insights into NavStation Read More »
Equinor has entered into a two-year bio-methanol supply agreement with Wallenius Wilhelmsen, a major global player in shipping and vehicle logistics, supporting a growing marine segment for low-carbon fuels.Soon bio-methanol from Equinor will…
Equinor to Supply Bio-Methanol to Wallenius Wilhelmsen Read More »
G7 energy ministers stopped short of agreeing on a release of strategic oil reserves on Tuesday and instead asked the International Energy Agency to assess the situation before acting.The IEA said it was convening an extraordinary meeting of…
G7 Holds Off on Oil Reserve Release, Requests IEA Study Read More »
Three vessels have been hit by unknown projectiles in the Strait of Hormuz, maritime security agencies and sources said on Wednesday, as one of the strikes led to a fire onboard a ship and forced most of its crew to evacuate it.The Thailand…
Projectiles Strike Three Vessels in Strait of Hormuz Read More »