Yearly Archives: 2023
CMA CGM Reports Very Strong Third-Quarter Financial Results
Further normalization of transport and logistics markets, return to 2019 pre-Covid conditions.
Revenue and operating profit for third-quarter 2023 down significantly year on...
Japanese Lifters Of US LNG Weigh Alternatives To Panama Canal
Suez Canal, Cape of Good Hope alternative routes
Cargo swaps are also a potential option
32 LNG ships transit Panama Canal so far...
Engine As A Weapon: Exploiting Technologies for Warfighting
A two-day technical conference, Engine as a Weapon X explores the opportunities and challenges of manufacturing, integrating and supporting complex systems and equipment at...
Lessons Learned: Cut & Bruise To Right Hand Whilst Pressure Testing
IMCA reports of an incident where a technician had a cut and bruise to right hand whilst pressure testing.
The incident
A technician was pressure testing...
Stopping A Killer: Death in Enclosed Spaces
At an IMO meeting in September, the Container and Carriage of Cargo Sub-Committee (CCC9), approved a work package, driven by the Human Element Industry...
Damen JV Ushers in New Era of Ballast Water Treatment
In an exciting development for the maritime industry, ‘Bawat Damen’ emerges as a synthesis of ingenuity and environmental stewardship, born from the partnership between...
Capesize and Ultramax Market had a Positive Start
The Baltic Exchange has released a report about the dry bulk market for the 45th week of shipping activities of this year. The report...
Hapag-Lloyd Reports 9M Revenue Decrease
Hapag-Lloyd has reported a Group EBITDA of €4.2 billion ($4.5 billion) and a Group EBIT of €2.8 billion ($3 billion) for the first nine...
Baltic Exchange Gas Report : VLGC Auction Price Is Playing On People’s Minds
LNG
With Australia-Japan BLNG1g hovering with a close of $146,642 (a rise of just shy of $2,000) on the week, there have been firm enquiries...
Baltic Exchange Tanker Report : Handymax Had A Welcome Upturn This Week
LR2
LR’s in the MEG have been limited in open market activity, with a large proportion of the industry in Dubai. The 75kt MEG/Japan TC1...