December has brought with it a declining Baltic Exchange, reports cash buyer GMS. This saw the Dry Index fall by about 3%, this week, dragged down by mounting pressure across all segments that saw capes slipping 4.4%, panamax dropping 1.4%, and the sma…
Another Low Supply Week for Ship Recyclers Read More »
Contemporary Amperex Electric Vessel (CAEV), a subsidiary of CATL, officially launched the world’s first and only “ship-shore-cloud” zero-carbon shipping and integrated smart port solution at Marintec China 2025.The solution is designed to increase ves…
CATL Unveils “Ship-Shore-Cloud” Electric Vessel Solution Read More »
Crude oil production in the United States is booming, reports Poten & Partners in its weekly opinion.According to the U.S. Energy Information Administration, U.S. Field Production of Crude Oil reached 13.8 Million barrels per day (Mb/d) in September 20…
U.S. Oil Production Still has Growth Potential 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…
Red Sea Return Imminent for Container Shipping Read More »
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 »