Yearly Archives: 2023
ClassNK Approves ‘HQ’ For Continuous Microplastic Collection
Mitsui O.S.K. Lines (MOL) and Miura Co. jointly developed a microplastic collection device, 'HQ,' earning Innovation Endorsement from Class NK.
This device, recognized...
Cyprus Boosts Maritime Efficiency With New One-Stop Centre
The Cyprus Shipping Chamber (CSC) recently welcomed the launch of the one-stop shipping centre at the Deputy Ministry of Shipping. This development signifies a...
Rapid Cargo Growth At China’s Largest Land Port
The port administration office in Manzhouli, China's largest land port situated in the Inner Mongolia Autonomous Region, reports a notable surge in cargo volume...
Ninety Six Ships Caught In Anchor Due To South African Port Congestion
South Africa's ports face severe congestion, with 96 ships waiting outside. This backlog costs the economy millions daily. Shipping lines, like Maersk, are skipping...
Freightos Hits A Rough Patch Amidst Underwhelming Q3 Results
Freightos has released fairly underwhelming results for its third quarter, as it continues to find a path to profitability – a path which may...
Fortitude Ups Its Game With Fleet Expansion
Petredec Pte Ltd (“Petredec”) is pleased to announce that its wholly owned subsidiary Fortitude Shipping Pte Ltd (“Fortitude”) is expanding its fleet with the...
HOPA And Thordon Bearings Honored With Prestigious Shipping Awards!
Hamilton-Oshawa Port Authority (HOPA) is up for three awards and Burlington’s Thordon Bearings two at the prestigious International Bulk Journal (IBJ)’s ‘Night of the...
Danica’s 2023 Seafarers Survey Unveils Salary Surges
Salaries are rising by at least 10% as the crew employment market tips in the favour of seafarers, reveals Danica Crewing Specialists as it...
More Surcharges Loom For Shippers As Panama Canal Restrictions Tighten
French carrier CMA CGM is set to become the first major carrier to apply a new surcharge on shipments transiting the Panama Canal, in...
Transforming Shipping’s Commercial Models For A Greener Future
As the shipping industry confronts the climate challenge, the evolution of business models becomes imperative, according to Danish Ship Finance, says an article published...