Yearly Archives: 2022
Boxship Rates Reach New Heights And Why?
A Splash news source written by Sam Chambers states that Containership charter rates are storming to new record highs with demand for tonnage described...
The Baltic Exchange’s Dry Bulk Sea Freight Index Falls
A recent news article published in the Yahoo News states that the Baltic Exchange's dry bulk sea freight index fell to its lowest level...
400,000 Liters Of Oil Leak In Ocean, Operation Underway
An operation is underway to contain an estimated 400,000 liters (106,000 gallons) of crude oil that has leaked off the coast of Rayong,...
MOL Rolls Out Monitoring System To Prevent Ship Accidents
Mitsui OSK Lines (MOL) is working with maritime software and data analysis provider Napa and class society ClassNK to develop a navigational risk monitoring...
High Gas Prices Burden Fuel Availability Amid Rising Operating Costs
European gas values at historic highs
Refiners, utilities turn to fuel oil
Tight supply drive record high bunker prices
High gas prices have been...
World’s First Hydrogen Shipment in Loading, To Leave Soon
Global first for liquid hydrogen
To load about 70% of capacity
Goal of 225,000 mt/year by 2030
Japanese hydrogen tanker Suiso Frontier is currently...
Maersk Supply Service Launches New Offshore Charging Station
Maersk Supply Service, a part of A.P. Moller-Maersk, is launching its offshore vessel-charging venture, Stillstrom.
Stillstrom will support the decarbonisation of the maritime...
Maersk – The Vertical Consolidation Bluff
Hardly a day goes by when the risk of the ocean carriers invading the freight forwarding space, one way or another, seems to become...
CMA CGM Signs 10 Year LNG Bunkering Contract
French container line CMA CGM has signed a ten-year contract to make it a key user of China's first LNG bunkering operation, says an...
IMO Supports Women in Port Management
IMO is continuing its efforts to support the careers of women in the maritime sector through the delivery of a two-week online course...