Yearly Archives: 2023
Container Shipping Market : Improvement In Consumer Confidence In The EU And US
Bimco forecast that global container volumes will grow by between -0.5% and 0.5% in 2023, and by between 3.0% and 4.0% in 2024. Combined,...
A Deep Dive Into Generative AI & Its Transformative Role In Maritime
The maritime industry is on the cusp of a technological revolution, and at the forefront of this evolution is Generative Artificial Intelligence (Generative AI).
As...
Tanker Shipping Market : Cargo Volume Growth Will Be Between 3.0% And 4.0%
In the product tanker market, bimco forecast that cargo volume growth will be between 3.0% and 4.0% in both 2023 and 2024. Tonne miles...
Safeguarding The Seas: Pioneering Maritime Security Solutions
Deceptive shipping practices pose growing challenges for sanctions compliance within the maritime industry. Early detection and mitigation involve technology and expertise. The eleventh package...
Innovative Rotor Sails On World’s Largest Ore Carrier
In a bold stride toward eco-friendly maritime practices, Vale, a global mining giant, has entered into a groundbreaking agreement with Omani shipowner Asyad to...
South Korea Surpasses China In October 2023 Shipbuilding Orders
In a remarkable industry shift, South Korean shipbuilders have seized the spotlight by outpacing their Chinese counterparts in global shipbuilding orders for October 2023.
This...
Greek & Chinese Shipping Giants Dominating 34% Of Global Cargo Fleet Capacity
The global fleet of cargo carrying ships consists of around 61,000 ships with a deadweight capacity of about 2,200 million tonnes. The ships owned...
North Sea Port Wins The ESPO Award 2023 And ESPO Celebrates Its 30 Years
North Sea Port won the ESPO Award 2023 for its project “Connecting Nature in Ports and Residential Areas – Ghent Canal Zone and Moervaart...
Ascenz Marorka to Deploy Smart Shipping Solution on Brunei Gas Carriers
Ascenz Marorka, a GTT company, announces it has signed a contract with Brunei Gas Carriers to provide its Amadi vessel with a comprehensive range...
Wartsila To Supply Cargo Handling Systems For 5 Large LPG Carrier Vessels
Technology group Wärtsilä will supply the Cargo Handling Systems for five new very large LPG carrier vessels to be built at the Hyundai Heavy...