Yearly Archives: 2023
South American Demand Drives Faster Ships And More Emissions
Surging demand on the Far East-South America east coast trade lane has increased the average speed of vessels, according to Xeneta, leading to higher...
Louis Dreyfus & Flying Whales Revolutionize Freight Transport With Airship Innovation
Louis Dreyfus Armateurs (LDA), a renowned third-party logistics (3PL) freight forwarder, has entered into a Memorandum of Understanding (MoU) with FLYING WHALES, signaling a...
Shipping Businesses To See Rough Waters Ahead
Rodolphe Saade, the billionaire head of the world’s third-largest container shipping line, warned that the industry is entering a choppy period as new vessels...
Maersk Supply Service & Partners Join Forces With The Ocean Cleanup
Plastic pollution in the world's oceans poses a significant environmental threat, impacting marine life and disrupting the marine food chain with toxic pollutants.
Recognizing the...
Container Shipping: Overcapacity Challenges Amidst A Brief Pause
Momentary halt of an expected slow-down of inactive tonnage resulted from the inflow of bigger ships. Nevertheless, the pause might be short-term as the container...
LNG Markets: Geopolitical Risks And Shipping Challenges
Rising concerns about skyrocketing heating gas prices continue to dog Europe as it heads into winter months even though there is plentiful LNG. However, there...
More Shipping Lines Set To Plunge Into Losses in Q4
Ocean carrier operational profits fell below pre-pandemic levels in the third quarter – and results for Q4 are likely to be a whole lot...
Marfin Trial Of SulNOxEco™ Demonstrates Fuel Savings Of Up To 6.4%
Marfin Management S.A.M., a Monaco Dry-Bulk ship management company, has successfully concluded an initial 3-month trial of SulNOx’s all-natural, fully biodegradable fuel conditioner, SulNOxEco™...
Preventing Accidents When Clearing Shore Pipelines
Accidents related to shore pipeline clearing operations are on the rise. Over-pressurization or overfilling of tanks can cause physical damage, pollution, and even personal...
Vessel Scrapping Spree on The Cards after EU Recycling Rule Change
Older ships are no longer categorised as ‘waste’ for EU law, meaning European-flagged ships can now legally be scrapped outside the EU. Almost all...