Yearly Archives: 2023

Europe’s Largest Rocket Signals Shipping’s Green Future

With its four sails towering 121 feet (37 meters) over its main deck, Canopée is a cargo ship with an unusual design, and a...

Storm Hitting Chinese Ports Is A Wakeup Call For Climate Risk to Markets

As Typhoon Doksuri aimed toward mainland China, major southeast ports were forced to turn away dozens of vessels for days, reports Reuters. About the storm The...

River Rhine in South Germany Remains Closed To Shipping

Parts of the river Rhine in south Germany are closed to shipping on Wednesday and are expected to remain shut in the coming days...

Yemen’s Houthis Claim Missile Attack On Tanker In Tense Middle East

Yemen's Houthis, on Tuesday, hit a Norwegian commercial tanker with a missile in their latest protest against Israel's bombardment of Gaza, underlining the risks...

MSC Secures Over 92% Of HHLA Shares

Port of Hamburg Beteiligungsgesellschaft SE, a wholly owned indirect subsidiary of MSC Mediterranean Shipping Company S.A., has announced the result of its voluntary public...

China’s ‘Walking’ Pneumonia Outbreak Exposes Dangers Of Drug Resistance

The harm caused by antibiotic drug resistance was clear to see in China’s packed pediatric hospitals, reports UNMC. Outbreak of walking pneumonia An outbreak of walking...

Fujairah Data: Oil Stocks Hit 11-wk Low On Further Distillates Draw

Stockpiles of oil products at the UAE's Port of Fujairah fell 10% in the week to Dec. 11 to the lowest in 11 weeks,...

Disasters At Sea Trigger Ship-Safety Advances

Research projects in Europe developed water-surface scanners and better hull designs to tackle shipping accidents, reports Cyprus Mail. When one of the world’s largest container...

Corroded Wire Rope Leads To Crane Failure On Bulk Carrier

The National Transportation Safety Board (NTSB) has released an investigation report on a crane wire failure onboard cargo ship Thorco Basilisk that took place...

Demand Prospects For New Year See Box Carriers Back In Charter Market

Better than expected forward demand prospects across major and secondary tradelanes is encouraging ocean carriers back into the charter market to snap up any...
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