Yearly Archives: 2024
Tanker Market Report: Choppy Waters Ahead
In recent years, the tanker market has faced quite a few tailwinds. Structurally, the industry has benefitted from the colossal gains in tanker tonne...
Lessons Learned: Chemical Contact Causes Eye Injury
During routine galley cleaning, a cook suffered severe eye irritation after sodium hydroxide-based foaming oven cleaner sprayed from the cooker hood and splashed into...
Finland First in World to Ban Cargo Ships from Dumping Wastewater
The Parliament of Finland has approved a bill that prohibits the discharge of wastewater from cargo vessels into the Baltic Sea within the...
KLPL Carries Out Emergency Response Drill
“K” Line Pte. Ltd. (KLPL), a Singapore-based subsidiary that is wholly owned by Kawasaki Kisen Kaisha, Ltd. (“K” LINE), carried out “the Emergency Response...
Sea-Intelligence: 2M Tops Schedule Reliability in 2017-24
The current three-alliance structure in container shipping has been in place since April 2017, when Ocean Alliance and THE Alliance launched alongside the...
Seaspan Selects KVH To Equip Fleet With OneWeb Low Earth Orbit Solution
KVH Enterprises, Inc. (Nasdaq: KVHI), today reported that Seaspan Organization (Seaspan), a world driving free containership lessor, has consented to an arrangement to furnish...
Sustainability At Sea: Crowley Wins Big With CSA Environmental Awards
The Chamber of Shipping of America (CSA) as of late regarded 101 Crowley-worked vessels and their teams with Ecological Accomplishment Grants, perceiving the organization...
MR Tankers Gain Momentum Across Global Routes
Tanker markets showed mixed performance: LR2 and LR1 rates stabilized, MR tankers rose slightly, Handymax fluctuated, VLCC rates softened, Suezmax fell, and Aframax saw...
Panamax Struggles: Asia Drifts While Atlantic Rates Edge Down
The dry bulk market faced declines across Capesize, Panamax, Ultramax/Supramax, and Handysize sectors, with weak demand, oversupply, and subdued activity weighing heavily on rates...
Shipyard Delivers Eco-Friendly Multi-Purpose Vessels
The TAI FU, followed through on 26 November, satisfies the Stage III guideline of energy productivity file and the T3 outflow prerequisites of the...