Yearly Archives: 2023

Ukrainian Black Sea Corridor Update

Ukrainian exports through the Black Sea corridor are set to rise to 5 million metric tons in December from 3.8 million tons in November,...

AiP Was Issued For Advanced Maneuvering Assistant System By Class NK

ClassNK granted an AiP for an Advanced Maneuvering Assistant System. This system predicts potential collisions with other ships. The system was tested on...

Oxford Report Highlights Costs Of CCS For Net Zero

An Oxford University-led report from the Smith School of Enterprise and Environment highlights the significant economic damage associated with overreliance on carbon capture and...

Panama Canal Delays: Impact On Owners And Charterers’ Strategies

Panama Canal cuts daily vessel transits to conserve water, reducing from 22 to 18 by February 1, 2024, amid record low rainfall. Panama Canal Warns...

Tech’s Promise and Peril Navigates AI’s Territory

Fortune Brainstorm AI sparked intense discussions, akin to bungee jumping, swinging between exhilarating highs and profound concerns. Presenters showcased AI's potential: boosting productivity, revolutionizing...

THE Alliance Unveils 2024 Network Details With Extended Loop Suspensions

The primary focus of ocean shipping alliances' upcoming 2024 networks is expected to revolve around service suspensions. Network Adjustments Signal As is traditional at this time...

Upward Trend In Global Bunker Indices

On December 13, the MABUX World Bunker Index, calculated from prevailing prices for 380 HSFO, VLSFO, and MGO, continued its downward trend. 380 HSFO -...

Collaborative Efforts Of The Ports With USACE To Improve Waterways Navigation

The Port of Tacoma, the Port of Seattle, and the USACE joined forces for the Seattle Navigation Improvement Project. Increasing container ship sizes...

Methanol Solution Developed For Retrofitting MAN Four-Stroke Engines

MAN Energy Solutions partners with Alfa Laval to develop a methanol fuel-supply system. Supporting customers throughout the fuel transition by adapting. Importance of...

Panama Canal Drought Induces Food Shortages In The UK

  British consumers are facing shortages and price rises for fruit, vegetables and other fresh produce into the New Year due to the worsening drought...
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