Yearly Archives: 2023
Monjasa Boosts West Africa Operations With Key Tanker Additions
Monjasa acquired Monjasa Leader (68,589-dwt) and Monjasa Refiner (13,051-dwt) for floating storage and bunker operations in West Africa. Monjasa Leader, their largest fleet addition,...
Baltic Index Rises On Higher Vessel Rates
The Baltic Exchange's dry bulk sea freight index climbed 2.8% to 1,643, marking a 12.4% weekly increase. Capesize vessels led the surge with a...
Hapag-Lloyd Chief Foresees a Downturn In Container Shipping
The chief executive officer of Hapag-Lloyd Mr Rolf Habben Jansen predicts that the container shipping industry may soon start on a downward trend for...
The Panama Canal is Clogged! Shipper Pays $4m To Jump the Line
A shipper has paid close to $4 million so that it can jump ahead of the Panama Canal queue, a record high, reports Fortune.
$4M...
ABS Approves New FPSO Newbuild Hull Design Concept
Classification society ABS has granted approval in principle (AIP) for a the Sterling Streamline, a next generation concept design for large floating production storage...
PortXchange Wins Environmental Innovation Award
PortXchange EmissionInsider has won the NAMEPA Award for Environmental Innovation for its EmissionInsider product as Port Houston signs up as an early adopter of...
Evergreen Tops Q3’23 Carbon Efficiency
In Q3, the Xeneta and Marine Benchmark Carbon Emission Index (CEI) for North Europe to the US East Coast trade reveals insights into carriers'...
Seamless Weather Integration for Smarter Voyages
Weathernews Inc. cooperates with Dataloy Systems A/S so that they can import old weather data into the Voyage Management System developed by Dataloy. It simplifies...
Good Neighbours, Great Risks: Risk Byte Alert
Insurance is therefore crucial when it comes to the good neighbour arrangement. This article looks at what these agreements are, the advantages, and the disadvantages...
Future Ports 2023: Smart Horizons Unveiled
The Smart Ports: The “Piers of the Future 2023” panel hosted some global port executives who discussed digitalization, sustainability, and collaboration. Hamburg has embraced...