Castor Maritime Inc. announce that it has entered into an agreement to acquire a 2024-built modern-eco Kamsarmax bulk carrier vessel, the M/V Magic Saturn, from an unaffiliated third party for a purchase price of US$41.9 million.
Telestack announce the award of a significant new project in North America, further strengthening Telestack’s presence in the region and reinforcing its reputation for delivering high-capacity, integrated bulk material handling solutions.
Cavotec has signed an order worth approximately €1.5 million for shore power equipment for the expansion of a cruise terminal in Southern California, US.
Anemoi Marine Technologies and several industry partners have concluded a joint development project (JDP) that integrates Anemoi’s Rotor Sails into the design of a medium-range (MR) tanker.
The Panama Canal announced through an advisory to shipping companies that, effective July 1, the maximum authorised draft for vessels transiting the Neopanamax locks will be 49.5 ft (15.09 metres).
BHP and the Global Centre for Maritime Decarbonisation (GCMD) have blended biofuels from two distinct feedstocks and introduced the lower-emissions marine fuel into a BHP-chartered bulk carrier as part of a pilot project.
AkzoNobel's marine coatings brand, International, has announced the launch of Intersleek 2120, a new silicone foul-release coating ideal for the operational and regulatory realities of today’s modern fleet.