Yearly Archives: 2023
Greek Owner To Sell All Container Ships, Spend $3B on LNG Tankers
Capital Product Partners (NASDAQ: CPLP), an owner of seven liquified natural gas carriers and 15 container ships, will pay $3.13 billion to buy 11...
China Launches World’s Fastest Internet 3 Times Faster Than US
CHINA has launched the world's fastest internet connection - and it is three times the speed of its nearest rival in the US. The...
Drewry’s World Container Index Decreased by 2%
Drewry’s World Container Index decreased by 2% to $1,469 per 40ft container this week.
Detailed assessment for Thursday, 16 November 2023
The composite index decreased...
Fatal Fumigant Poisoning Aboard Bulk Carrier
The Bahamas Maritime Authority published its report focusing on a fumigant accident onboard the Bahamas-flagged bulk carrier.
What Happened?
On the morning of 17 May 2022,...
VGM Container Weight Mis-Declaration ‘Rampant at Most Ports’
Container carriers are dealing with widespread weight mis-declarations by shippers, refuelling long-standing ship safety hazard issues, reports The Loadstar.
Overweight containers
The modified Safety of Life...
Why Is Denmark Being Tasked With Blocking Russian Oil Tankers?
Copenhagen's mission will be backed by laws that allow states to inspect ships suspected of posing an environmental threat, reports Euronews.
Russian oil tankers
Denmark will...
Navigating Net-Zero Challenges: Aviation and Shipping In Transition
However, aviation and shipping, which are among the biggest contributors to emissions, may find it hard to achieve this target. Although there is progress, it...
[Watch] Thun Tankers Receives First In A New Tanker Series
German shipyard Scheepswerf Ferus Smit has launched Thun Resource, the first of six R-class tankers for Thun Tankers
The 7,999-dwt Ice Class 1A Thun Resource...
K Line, Kansai Electric To Study LCO2 Carrier Design
Kawasaki Kisen Kaisha and Kansai Electric Power have jointly studied optimal marine transportation and storage schemes for the liquefied CO2 from KEPCO’s thermal power...
Maersk Starts Construction Of New Rotterdam Facility
Danish ocean carrier Maersk has started the construction works for its new large cold store in Rotterdam, reads an official press release.
New cold storage...