
ABS issues AiP to Lemissoler Navigation for methanol-fuelled ultramax
China Shipbuilding’s and Lemissoler Navigation’s first methanol-Fuelled ultramax bulk carrier has received ABS approval.
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China Shipbuilding’s and Lemissoler Navigation’s first methanol-Fuelled ultramax bulk carrier has received ABS approval.

The Baltic Exchange has reported that there has been a slow start to the 2024 dry bulk market with limited fresh enquiry in the ultramax sector and a sedated start for the panamax sector.

Indian Navy commandos secured the capesize bulk carrier, Lila Norfolk, after the vessel was boarded by six armed pirates off the coast of Somalia on the 4 January 2024.

Castor Maritime Inc. has announced the sale of the M/V Magic Venus for US$17.5 million with an expected net gain of US$3.5 million.

The World Shipping Council, the International Chamber of Shipping and BIMCO have expressed their thanks to the 12 nations that have jointly condemned the attacks on ships in the Red Sea.

NYK Line has started to conduct full-scale trials for the long-term use of biofuels for its existing line of heavy dry bulk vessels in order to meet net-zero emission targets.

AD Ports Group has announced Noatum’s acquisition of APM Terminals Castellón in Spain for €10 million, strengthening Noatum's position in the western Mediterranean region.

Wisdom Marine Group and Synergy Group have launched a strategic bulk carrier joint venture, Wisdom Synergy Ship Management.

Diana Shipping Inc. has announced the signing of a time charter contract with Cargill Ocean Transportation for the dry bulk carrier m/v DSI Pollux.

AtoB@C Shipping has taken delivery of a next-generation electric hybrid vessel Electramar which will see emissions reduced by 50%.

'K' LINE has decided to implement JGreeX, the green-steel product manufactured by JFE Steel Corp., for an ultramax bulker set to be built by Imabari Shipbuilding Co., Ltd.

Simpson Spence Young has launched a carbon calculator to help clients navigate the transition into the European Union Emissions Trading Scheme (EU ETS).