The Baltic Exchange's main sea freight index rose to a seven-week high on Friday to notch up its fourth straight weekly gain, on higher rates for the bigger capesize and panamax segments.The overall index, which factors in rates for capesize…

Dutch Damen Shipyards Group has become a corporate partner of the PortXL accelerator program for the maritime industry.PortXL has been described as the world’s first port accelerator. Its objective is the acceleration of innovative technologies for the green energy…

Anglo-French oil company Perenco has declared force majeure for 150 days following a leak at its Cap Lopez oil terminal in Gabon last week, a company spokesperson said on Friday.Overall production shut down is estimated at 50,000 barrels of oil per day…

German Naval Yards has converted and and will delivery later in May the high-performance tug Abeille Normandie to the French shipping company Les Abeilles. The vessel arrived at the shipyard for conversion in September 2021.The 91 x 22-m vessel has a 282 ton towing capacity and 20…