News

[ad_1] Newbuilding orders dropped to record lows in Q2 2019.  Bulkers The total number of bulker newbuild orders is down 73 percent for the first half of 2019 compared to the same period in 2018. So far this year, Panamaxes have been the most popular size to order...

[ad_1] Hurtigruten’s diesel hybrid powered cruise ship Roald Amundsen is the first vessel of her kind, and this week she became the first cruise ship in the world to sail (for a period) on battery electric power alone. "This opens a new chapter in maritime history. MS...

[ad_1] Passengers on cruise ships marvel at the magnificent views, but can be uncomfortable with too much sunlight, glare and heat. However, at the Cruise Ship Interiors Expo last month, cruise line executives, interior designers, outfitting experts, certified suppliers, and a busy flow of other...

[ad_1] Commercial space launch firm SpaceX has successfully completed the recovery of a rocket nose fairing at sea for the first time.  SpaceX is attempting to lower the cost of launching satellites by reusing rocket components wherever possible. After launch, it lands its rocket booster stages at...

[ad_1] As OPEC and OPEC+ meet in Vienna, the outlook for the market is mixed, Ann-Louise Hittle, vice president, Macro Oils, at Wood Mackenzie said. “Geopolitical risk means the supply outlook is tightening, offsetting the moderate weakening in oil demand growth thus far this year,” she...

[ad_1] The U.S. National Transportation Safety Board (NTSB) has released a Marine Accident Brief about an incident that occurred on April 6, 2018, involving the bulk carrier Shandong Fu En.  The vessel struck Dock 1 of the Ergon-St. James Terminal wharf on the Lower Mississippi River...