The Panamax locks use more water compared to the newer Neo-Panamax lock. The Neo-Panamax locks have a water recovery system, ...

“At this rate, shipments to advanced economies will reach a 15-year low in 2024,” indicated Filipe Gouveia, shipping analyst ...

The March 26 ship allision and catastrophic collapse of the Francis Scott Key Bridge in Baltimore was a stark revelation of U ...

Greek shipowner George Procopiou’s Dynacom Tankers is said to have stacked its orderbook with panamax product carriers.

The Baltic Exchange’s main sea freight index rose for a sixth consecutive session on Tuesday, reaching nearly a one-month ...

Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose for the fifth straight ...

This week has seen about USD 10/LDT gained across the board in ship recycling markets, says cash buyer GMS, and Bangladesh ...

Orders of new container vessels are up by approximately 52% year-on-year with 254 new contracts placed in 2024, compared to ...

This installation was a joint operation coordinated between Norsepower engineers and CSSC Chengxi Shipyard in China.

The accretive sale of our five Neo Panamax container vessels, agreed upon during the quarter, reflects management’s commitment to deliver on our objective of positioning the Company as premier carrier ...

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The Alabama Port Authority has begun the fourth phase of its $104 million container terminal expansion project at the Port of ...