Yearly Archives: 2023
Baltic Dry Index Marks Fourth Consecutive Drop
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, marked its fourth consecutive weekly fall on Friday as...
MARAD Announces the Availability Of $20 Million Funding In Year 2023
The U.S. Department of Transportation’s Maritime Administration (MARAD) announced the availability of nearly $20 million in Federal Fiscal Year 2023 funding to help modernize...
World Energy Demand Will Increase 50% By 2050
If current policy and technology trends continue, global energy consumption will grow by nearly 50% between 2020 and 2050, according to International Energy Outlook...
MOL And Mitsui Acquire AiP For Large Ammonia-Powered Bulk
Mitsui O.S.K. Lines, Ltd. and Mitsui & Co., Ltd. announced that they have received Approval in Principle (AiP) from the Nippon Kaiji Kyokai (ClassNK;...
Superyacht Made From A Container Ship
The nautical take on erecting a residence out of cargo containers.
Comfort and safety
Nothing is worse for the nouveau riche than realising the old guard...
Edging Toward Recession, Hinting At Recovery
High frequency indicators can give us a nearly up-to-the-moment view of the economy.
The metrics are divided into long leading, short leading, and...
What Will Happen To Container Shipping After The Maersk-MSC Split?
A recent news article published in the Freight Waves states that how will Maersk-MSC split redraw container shipping landscape?
Decision by MSC and Maersk
The decision...
ExxonMobil Marine Signs An Educational MoU
ExxonMobil Marine signs MoU with Sepuluh Nopember Institute of Technology, Indonesia, states a Tanker Operator news source.
To explore a range of educational opportunities
Collaboration will...
After A Second Airline Collapsed, Passengers Were Told Not To Fly Overnight
Passengers were told not to turn up for flights after the airline they had booked with collapsed.
Flybe warned passengers in the early...
ChatGPT May Eliminate These Jobs: ‘Wolf At The Door’
A recent news article published in the NY Post states that ChatGPT could make these jobs obsolete: ‘The wolf is at the door’.
AI era...