The Baltic Exchange has launched a new Time Charter Equivalent (TCE) earnings calculator, designed to bring clarity and consistency to freight assessments in an increasingly complex market. The calculator builds on the Baltic’s long-standing TCE methodology, which has...
Lloyd’s Register (LR) and China Cruise Limited (China Cruises) have signed a strategic cooperation framework agreement to collaborate on key areas including cruise safety, technology R&D, green transition, and digitalisation. Following its full classification...
MAN Energy Solutions has rebranded as 'Everllence', said to be a combination of the words 'ever' and 'excellence', in a move that the company believes reflects its transition to a driver of net-zero shipping and energy. Everllence remains part of the Volkswagen Group,...
Mitsubishi Shipbuilding, a part of Mitsubishi Heavy Industries (MHI) Group, has initiated discussions on business collaborations with Finnish engineering and consulting firm Elomatic in the maritime engineering field. The collaboration is seen by MHI as an example of...
Netherlands-based wind assisted propulsion systems (WAPS) company Econowind is scaling up operations to meet growing global demand for sustainable propulsion solutions. Founder Frank Nieuwenhuis will now will now concentrate on development of the company’s...
Regulatory readiness is high on the agenda for Asian shipping players seeking to navigate the complexities of the EU ETS and FuelEU Maritime, meaning that OceanScore has been rapidly expanding its global position through partnerships, events, on-the-ground engagement...
As Northern European ports experience the most severe congestion of the year, Netherlands-based company PortXchange is urging the global maritime industry to adopt smarter, real-time port call optimisation technologies to mitigate disruption, lower emissions, and...
Intercargo, the International Association of Dry Cargo Shipowners, convened recently in Guangzhou for its semi-annual meetings, the first time the Association has held such an event in China. The meetings, hosted by Cosco Shipping Bulk, brought together global members...
According to a recent analysis by maritime data and compliance company OceanScore, as the FuelEU Maritime regulation enters into force, the shipping industry may be looking at a surprising upside. Instead of acting solely as a cost driver, the regulation could create...
BAR Technologies has appointed Yildiz Saraç Williams as its new Technical Director, effective 12 June 2025. A Chartered Engineer and Naval Architect with extensive consultancy experience, Williams joins the company during a period of rapid expansion and global demand...
The International Shipsuppliers & Services Association (ISSA) says it has taken two major steps forward in its environmental and sustainability journey by becoming an Association Member of Green Marine International and actively contributing to the IMPA Maritime...
Damen Shiprepair and Alfa Laval Benelux have signed a memorandum of understanding (MoU) to intensify their co-operation on energy efficiency in the maritime industry. The partnership brings together two key players committed to supporting shipowners in their...
UK-headquartered maritime technology company Orca AI has secured additional investment of US$ 72.5m in Series B funding, in a round led by Brighton Park Capital with participation from existing investors Ankona Capital and Hyperlink Ventures. The investment will...
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