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Container market hearing echoes of pandemic-era dynamics: analyst With vessel capacity tight and freight rates on the rise, there are several market dynamics that emerged during the pandemic that are
Bernhard Schulte Shipmanagement (BSM) is pleased to announce the appointment of Bjoern Sprotte as Chief People and Sustainability Officer to the Management Board, effective 1 June 2024. Based in Limas
Bernhard Schulte Shipmanagement (BSM) is pleased to announce the appointment of Bjoern Sprotte as Chief People and Sustainability Officer to the Management Board, effective 1 June 2024. Based in Limas
Bernhard Schulte Shipmanagement (BSM) has announced the appointment of Bjoern Sprotte as their new Chief People and Sustainability Officer. Sprotte, stepping into this role effective June 1, 2024, wil
by Admiral James Stavridis (Bloomberg Opinion) My first job after graduating from the US Naval Academy in the late 1970s was as the anti-submarine warfare officer on a new Spruance …
Norsepower, the global market leader in mechanical sails, has presented a revolutionary calculation method, validated by the leading classification society DNV. The Norsepower E-Cal Method accurately
The maritime and logistics industry is witnessing a notable surge in freight rates, as the composite index increased by 4% to reach $4,226 per 40ft container this week. This represents …
2024 May 31 09:58 DNV validates Norsepower’s new EEDI/EEXI calculation method Norsepower, the global market leader in mechanical sails, has presented a revolutionary calculation method, validated by
Looking more closely at the tanker newbuilding contracts placed in March and April 2024, the distribution of orders by tanker type reveals a clear preference for certain segments. The MR …
The Administration of Ukrainian Sea Ports Authority (USPA) came to the conclusion that today’s port infrastructure provides more grain exports than pre-war. The head of USPA Yurii Lytvyn emphasized t
Europe News EUROPE: DNV validates Norsepower’s EEDI/EEXI calculation method Class society DNV has validated the Norsepower E-Cal Method which calculates the effective power of the Norsepower Rotor S
Classification society DNV has validated wind-assisted propulsion company Norsepower’s new E-Cal calculation methodology, which calculates the effective power of Norsepower’s Rotor Sail (NPRS). This
Ninety day periods offer a short-term snapshot of a company, but it is also important to view the long-term picture. The values of our assets have seen a significant increase …
Wrist, a global leader in maritime supplies, services and logistics, demonstrated robust financial results and strategic advancements in 2023. Despite market uncertainties, Wrist continued its line of
Bound4blue Integrates Siemens Technology into the eSAIL® System. Boun4blue innovative technology is a suction sail that harnesses the power of the wind to propel ships and reduce their dependence on …
Looking at the top 10 beneficial owners of Aframax tankers provides some insights into the sector structure. Scorpio Tankers leads the top 10 with 33 vessels (12.89% of the top …
Shipbuilding and hydrodynamics experts at Fincantieri and DNV have collaborated closely on a solution to address drag induced by bow thruster tunnels. It can help minimize ship hull resistance and …
Golden Ocean Group Limited (NASDAQ/OSE: GOGL) (the “Company” or “Golden Ocean”), the world’s largest listed owner of large size dry bulk vessels, today announced its unaudited results for the quarter
ISRAELI ocean carrier Zim will be heavily exposed to the transpacific spot market for a second year in a row, but this time around, the odds look like much less …
SEA Europe and industriAll Europe – the social partners for shipbuilding and ship repair – jointly call upon the next European Commission to issue a robust EU maritime industrial strategy. …
