Yearly Archives: 2023
Altman Fired! Future Of ChatGpt in Trouble
Sam Altman, the chief executive and co-founder of OpenAI, has been ousted from his own company after its board accused him of “being not...
Maritime Single Window – Necessity or Luxury?
The Maritime industry lives in a world of hardcopy – PDF, email, documents, and physical signatures. For a single shipment to move from source...
Shipping Companies Must Prepare For Carbon Pricing Measures Soon
The shipping industry will sail into the uncharted waters of the EU Emission Trading System in 2024. Kasia Klaczynska Lewis shares what the carbon...
Asian LNG Buyers Pay A Panama Chokepoint Premium For 2024
The gap between liquefied natural gas prices in Asia and Europe is increasing as tighter restrictions at the drought-stricken Panama Canal threaten to make...
South Korea’s LSFO Bunker H2 Nov Outlook Dampens on Lean Demand
Bunker premium drops to 21-month low
Sporadic sizable requirements for Nov/Dec seen: traders
The South Korea-delivered marine fuel 0.5%S bunker premium fell to a...
Thieves Climb 24-Mtr High Ship In Sea, Steal Valves Weighing 550kg
In a peculiar incident at sea, 31 valves weighing over 550 kg were brazenly stolen from a chemical tanker anchored 17 nautical miles from...
Charting The Seas: November’s Varied Currents In Global Shipping
The third week of November witnessed mixed trends across the shipping industry as bigger category ships retained a stable performance in freight rates while...
Drunk Woman ‘Pilot’ Rams Into A Lock Gate On The Rhine
A cargo ship caused €1.5 million worth of damage after ramming a locked gate on the Rhine River near Karlsruhe. Prosecutors have said the...
ABS Council Gains Insight Into Future Of Maritime At Annual Meeting
The maritime industry continues to be shaped by extensive uncertainty, influenced by a changing regulatory framework and evolving boundary conditions of safety, fuel availability...
Greece-China Shipping Cooperation Growing Apace
Greek - Chinese cooperation in shipping infrastructure is constantly gathering pace, with more and more Greek-owned ships being built in China and Piraeus port...