Yearly Archives: 2023
2024 Outlook Heightens Risks In Container Shipping Industry
Container shipping chokepoints threatened; financial strain cancels sailings. Dockworkers union threatens strike; import delays feared. Nerijus Poskus advises on mitigating disruption risks.
Panama Canal Fallout
Poskus...
Gemini AI vs ChatGPT: The Rat Race For AI’s Future
OpenAI launched ChatGPT in November 2022.
Google unveiled its own AI chatbot, Bard, and later introduced Gemini.
Gemini has proven to outperform ChatGPT...
Sneak A Peek Into The Digital Evolution Of Shipping In 2024
In the global pursuit of sustainability, industries worldwide are placing an increasing emphasis on eco-friendly practices, recognizing the crucial role each sector plays...
Safety, The Dynamic Force Propelling Us Towards A Greener Future!
“Safety is not merely a box to check but a dynamic force shaping the trajectory of our industry. It acts as both a boundary...
The EU Council Puts To Sea An EU Security And Defense Initiative
The Council today adopted a decision launching the EU security and defense initiative in support of West African countries of the Gulf of Guinea,...
LNG Shipping Stocks Face Negative Trend
Last week, the UP World LNG Shipping Index (UPI) stayed at the previous level, losing 3.36 points or 2.27%, closing at 144.70 points, says...
U.S. Imports Downturn Amid Seasonality & Panama Canal Crisis
The good news for container lines: U.S. imports are still higher than they were before the pandemic. The bad news: This year’s string of...
Shippers Diverting Routes Amidst Red Sea Attacks
Shippers are rerouting vessels away from Middle East transit routes due to a surge in drone attacks in the Red Sea and Gulf of...
Maersk’s Operational Stability Amid Conflict
In a recent statement, Danish shipping company Maersk (MAERSKb.CO) reassured stakeholders that its services in Israel remain operational and stable despite the ongoing conflict...
DSIC Shipyard Launches Second 155000-Ton DWT Shuttle Tanker
Amidst a gentle flurry of snowflakes, DSIC Shipyard in Dalian celebrated a significant milestone with the launch of its second 155000-ton deadweight shuttle tanker...