Yearly Archives: 2023

NYK Group Achieves ISO Certifications For Offshore Safety

The NYK Group's Hokuyo Kaiun received ISO certifications for its crew transport vessel (CTV) used in the offshore wind industry, enhancing safety standards...

Red Sea Drone Attacks Threaten Global Shipping Routes

The recent drone attacks by Yemen-based Houthi rebels on commercial vessels in the Red Sea pose a significant threat to global shipping and...

A Retrospective Look At The Shipping Act Of 1984

FreightWaves explores the archives of American Shipper’s nearly 70-year-old collection of shipping and maritime publications to showcase interesting freight stories of long ago, says...

Navigational Safety, A Persistent Challenge In Maritime Industry

Safety of Navigation is an area that includes 36 Deficiency Codes identified by the number 10. Over the last 5 years, Safety of Navigation...

Navigating The End Of The Shipper’s Market Cycle

In the world of logistics and transportation, the term shipper's market refers to a situation in which those who send goods (shippers) hold the...

Impact Of War & Climate Change On Global Shipping

An 8,000-kilometer detour by a gas tanker has brought to light the toll that war and climate change are taking on the maritime industry,...

Capesize Market Shows An Uptick In Volumes

This weekly update by Fearnleys shows the dry bulk market conditions. Dry Bulk Capesize We see volumes holding consistent with inquiries from miners and operators on C5...

China’s Deep-Sea Dream: Mengxiang Sets Record In Maiden Voyage

China has done a big thing in sea technology with the first test trip of its drilling ship, "Mengxiang" or "Dream". This journey was done...

UAE’s Meteoric Rise In Global Trade And Sustainability

The UAE's money success is because of things like oil and gas production plus good road systems. Its location between the Far East and...

COSCO’s Bold Move In Digital Shipping

COSCO Shipping Captive Insurance, a prominent Chinese shipping insurance company, has entered into a strategic partnership with IQAX Limited to enhance the adoption of...
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