Svitzer Inks Deal with Cochin Shipyard to Build TRAnsverse Tugs in India

Svitzer has signed a Letter of Intent (LoI) with Cochin Shipyard to construct a new generation of electric TRAnsverse tugs in India.The agreement marks a clear step forward in Svitzer’s electrification roadmap

Company Consolidation Forms NYK Bulkship Partners

Three shipping and ship-management companies within the NYK Group - Asahi Shipping Co, Hachiuma Steamship, and Mitsubishi Ore Transport Co - entered into a merger agreement on to integrate their business operations.The

Vard Electro Gets Onboard PSV-to-Research Vessel Conversion Project

Vard Electro, a subsidiary of the Fincantieri-owned Vard Group, has signed an agreement with the German shipyard Lloyd Werft for the delivery of complete automation and power management systems to a Platform

Powering On with Methanol, or Not

This week, Rolls-Royce announced that it has successfully tested the world’s first high-speed marine engine powered exclusively by methanol on its test bench in Friedrichshafen.Together with its partners in the meOHmare research

Dean Kamen Shares Insights at Panama Canal Lecture

Renowned inventor and engineer Dean Kamen, creator of the Segway, the iBOT wheelchair, and founder of the organization FIRST Global, delivered a keynote lecture on October 28 at the Ascanio Arosemena Training

Port Houston Surpasses Three Million TEUs

Port Houston crossed the three million TEU mark in September, reaching 3,270,595 TEUs year-to-date, the fastest pace in Port Houston’s history. Total container volumes are up 5% year-to-date compared to last year.

Cargo Sailboat Finishes First Transatlantic Voyage

The Neoliner Origin, the world's largest cargo sailboat, completed its maiden transatlantic voyage on Thursday (October 30) despite sustaining damage to its aft sail during the crossing, forcing the crew to rely

Trump, Xi Pause Port Fees on Each Other's Vessels

The U.S. and China agreed on Thursday to pause tit-for-tat fees on each other's ships that became a major irritant in the broader trade war between the world's two largest economies and

Unifeeder, Sagarmala Finance Corporation Limited to Advance Sustainable Coastal Shipping in India

Unifeeder, a DP World company, has signed a Memorandum of Understanding (MoU) with India’s Sagarmala Finance Corporation Limited (SMFCL), a Government of India Enterprise under the Ministry of Ports, Shipping and Waterways