GTT to Design Tanks for Two New 175,000 m³ LNG Carriers
GTT receives an order for the design of tanks for two new LNG carriers, enhancing EPS’s transport capacity significantly.
Logistaas Introduces AI with OCR to Optimise Document Management in TMS
Logistaas introduces an AI tool with OCR technology to enhance document management in transport systems.
Average VLCC Speed Reaches 11.9 Knots in the Middle East Amid TD3C Rate Surge
VLCC speeds rise to 11.9 knots in the Arabian Gulf, driven by geopolitical tensions and TD3C rate fluctuations.
OPCSA Las Palmas Acquires Two Malaccamax Cranes for €22.5M to Handle 24,000 TEU Vessels
OPCSA Las Palmas has invested €22.5M in two Malaccamax cranes to enhance operations for 24,000 TEU vessels, boosting port efficiency.
Global Bunker Prices Diverge: VLSFO Surpasses 508 USD/MT
Explore the latest trends in global bunker prices, with VLSFO surpassing 508 USD/MT amidst fluctuating market dynamics.
VSE Corporation at TD Cowen Aerospace Conference: Maritime Sector Implications
VSE Corporation’s participation at TD Cowen’s Aerospace Conference highlights key maritime implications.
US Navy Unveils AN/BYG-1 Combat System to UK Under AUKUS Framework
The US Navy’s AN/BYG-1 combat system enhances submarine interoperability under AUKUS, boosting regional security.
Hanwha Ocean Achieves 1 Trillion Won Operating Profit for First Time Since 2018
Hanwha Ocean reports a significant return to profitability with 1 trillion won in operating profit, highlighting industry trends and future opportunities.
Menzies Aviation Appoints John Frame as Director of Legal and Sustainability
Menzies Aviation appoints John Frame as Director of Legal and Sustainability, focusing on sustainable practices in aviation.
Baltic Dry Index Drops 0.7% to January Lows, Impacting Dry Cargo Rates
The Baltic Dry Index has dropped to its lowest since January, impacting freight rates for dry cargo.