Yearly Archives: 2023
Hapag-Lloyd’s Bold Move Amidst Red Sea Threats
One of the world's major shipping companies, Hapag-Lloyd, has decided not to resume using the Suez Canal despite international efforts to secure the region...
Adapting Supply Chains In The Face of Maritime Conflicts
Escalating attacks by Yemen's Houthi group on vessels navigating the Red Sea are prompting European shippers to strategically alter their routes. This shift has...
Groundbreaking Venture: ExxonMobil And FuelCell Energy’s Collaboration
ExxonMobil and FuelCell Energy lead CO2 capture in a Rotterdam pilot plant.
Captures CO2, generates low-carbon power, heat, and hydrogen.
CO2 stored in...
A Win-Win Charter With Performance Shipping
Marathon Petroleum Corporation (MPC), a major downstream energy company, recently entered into a lucrative two-year time charter contract with Performance Shipping Inc., a renowned...
Navigating Maritime Industry Through The Compass Of Innovation
This is the dawning of the age of AI and Big Data, huge agglomerations of new and transformative energy
In a review of...
Dive Into Biodiversity Marvels And Unearth Hidden Mysteries
Shipwrecks, numbering three million globally, create biodiversity hotspots, attracting diverse marine life.
Microbes on wrecks form biofilms, fostering the growth of marine communities,...
Sail Into Tomorrow: AI’s Game-Changing Impact On Ship Management
BSM integrates AI, expanding from voyage performance to a comprehensive ship management rating.
Columbia pioneers AI for bunkering, training, and route planning with...
Ammonia Emerges As A Key Emission Reduction Solution
Ammonia joins hydrogen for emission reduction.
The shipping industry subsidized ammonia over batteries and biofuels for emission reduction.
Ammonia's simpler logistics and subsidies...
Red Sea Crisis Sparks 80% Surge In Rerouting Costs
Houthi rebel attacks force ships via Cape of Good Hope, spiking shipping costs by 80%.
Container Shipping Lines Association's Vaswani notes increased expenses,...
CMA CGM’s Bold Move: Safely Boosting Suez Canal Traffic
CMA CGM to boost Suez Canal traffic for operational efficiency.
Decision prioritizes seafarer safety with a thorough security evaluation.
Actively planning phased increase,...