SanDisk Pops 4% as AI Demand and NAND Price Tailwinds Keep the Memory Chip Sector Hot

Damen Signs Contract to Deliver Combi Freighters (CF) 3850 to the Polidano Group

Damen Shipyards Group has signed a contract with the Polidano Group for the delivery of two Combi Freighters (CF) 3850. The Malta-based company will use the vessels primarily for the transport of

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Brent Oil Prices See Monthly Rise as Houthi Attacks Widen Gulf Conflict

Oil prices extended gains on Monday, with Brent heading for a record monthly rise, after Yemeni Houthis widened the Iran war by launching their first attacks on Israel.Brent futures rose 66 cents

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Two Chinese Container Ships Pass Through Strait of Hormuz After Second Attempt

Two Chinese container ships sailed through the Strait of Hormuz on Monday on their second attempt to leave the Gulf after turning back on Friday, ship-tracking data showed.The critical waterway has effectively

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ARC Adopts LifeFinder Safety Platform Across Fleet

American Roll-On Roll-Off Carrier (ARC) announced it would deploy the LifeFinder safety tech platform under a five-year agreement across its fleet of ten U.S.-flag roll-on/roll-off vessels to strengthen mariner safety and emergency

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Cyprus Officially Recommends ICS International Medical Guide for Seafarers and Fishers

The International Chamber of Shipping (ICS) announced that Cyprus officially recommended the ICS International Medical Guide for Seafarers and Fishers for use on board vessels under its flag.The Republic of Cyprus Deputy

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Steerprop, Aboa Mare Collaborate on Simulator-Based Propulsion Training

Under the agreement, Steerprop will be able to order tailored simulator training from Aboa Mare for its customers. The training programs are designed to support the safe and efficient operation of vessels

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Japanese Firms Advance Hydrogen-Fueled Engine with Full-Scale Trial

Japan’s Japan Engine Corporation and Kawasaki Heavy Industries have begun hydrogen co-firing operations on a full-scale main engine designed for large commercial vessels, marking a step toward the development of hydrogen-powered shipping.The…

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MOL, Hitachi to Develop Floating Data Centers from Used Ships

Japan’s Mitsui O.S.K. Lines, Hitachi and Hitachi Systems have signed a memorandum of understanding to develop floating data centers by converting second-hand vessels, aiming to meet growing demand driven by artificial intelligence.Under

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Oil Rises as Widening Conflict Endangers Red Sea, Hormuz Flows

Oil prices extended gains on Monday, with Brent headed for a record monthly rise, after Yemeni Houthis launched their first attacks on Israel over the weekend, widening the U.S.-Israel war with Iran