Yearly Archives: 2023
Beyond the Horizon: Ensuring Cyber Resilience In Seafaring System
In a collaborative effort between West of England P&I Club and Astaara, a video underscores the critical role of crew awareness in mitigating cyber...
Fitch Ratings Updates Criteria For Oil-Vessel Backed Financing
Fitch Ratings, based in New York and Chicago, has released an updated criteria report for rating oil-vessel-backed financing transactions, replacing the previous version from...
A Game-Changer For Maritime Routes
Chinese shipping giant Cosco Shipping is spearheading a groundbreaking $3 billion mega-port project in Peru, known as the Port of Chancay. Anticipated to revolutionize...
Green Shipping Corridors Navigating The Future Of Sustainability
The city of Rotterdam, known for its rich maritime history, is embracing the future with the creation of green shipping corridors. The Port of...
Navigating Australia’s Shipping Container Challenges
Australia faces distinctive challenges in the management of shipping containers for import and export freight. In this context, Chris Hudson, Senior Associate at Prological,...
Asia’s Shipping Stocks Soar Amid Red Sea Route Disruptions
Shipping stocks in Asia experienced a significant surge amid rising expectations of disruptions to Red Sea routes, driven by militant attacks, leading to potential...
Shipping Industry Shudders As Houthi Strikes Prompt Unprecedented Suspension
The Red Sea faces a potential trade disruption as four of the world's largest shipping companies suspend operations following missile attacks by Yemeni Houthi...
Panama Canal Drought Could Boost New Year Rates
Drought in Panama and war around the Red Sea and Suez is a slow-burning but developing crisis for the container shipping industry as both...
How Much Shipping Can Just Use Batteries For Energy?
The shipping industry is predisposed to assume that molecules are required for energy. Some of that is simply that the history of shipping for...
Eco-Seascape: Nautical Accountability In Emission Regulations
Since 2018, shipping companies have been obligated to report carbon dioxide (CO2)emissions for vessels over 5000GT engaged in EU trade. As of 2024, stringent...