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New emission-free propulsion system for commercial vessels from Torqeedo and Italdraghe
Gilching, Germany – Torqeedo and Italdraghe today announced the joint development of an outboard, retractable electric propulsion system for commercial vessels in inland and urban waterways.

K Line looks to artificial intelligence to keep ship machinery operational
Kawasaki Kisen Kaisha, Ltd. (“K” Line) and compatriot Kawasaki Heavy Industries, Ltd. (KHI) as well as Preferred Networks announced that they have concluded a co-development

New Maritime Magazine now online
This autumn issue of Maritime Magazine (#102) has exceptional content as the global economy unevenly pursues post-pandemic recovery. Our annual feature on North Atlantic trade

Cosco Shipping increases ownership stake in Greece’s Port of Piraeus
Dalian, China — State-owned Cosco Shipping, has boosted its stake in Greece’s largest port from 51% to 67%. This reinforces its control over an important

Panama Canal posts record annual tonnage
The Panama Canal closed its fiscal year 2021 (FY21) with a record-breaking annual tonnage of 516.7 million Panama Canal tons (PC/UMS), coming in 8.7% higher

Wärtsilä’s engine to power McAsphalt’s LNG-fuelled asphalt carrier
Finland’s technology group Wärtsilä has received an order to supply a propulsion system for a dual-fuel asphalt carrier built for Canada’s largest bitumen industry dealer

Containers from MV Zim Kingston found ashore on Vancouver Island
The Canadian Coast Guard reported today that four containers from the stricken MV Zim Kingston that last week lost more than 100 units have been

Double-digit increase in Port Saint John cargo
Port Saint John in New Brunswick announced that overall cargo tonnage in the first three quarters of 2021 was 19% higher than the same period