Yearly Archives: 2024
Panamanian Tanker Plays Vital Role In Sea Rescue Mission
A Panamanian tanker, played a crucial role in a recent search and rescue operation coordinated by the Greek Coast Guard. The tanker assisted in...
The Enduring Impact Of The Red Sea Crisis On Shipping
The article highlights the challenges posed by the Red Sea crisis and the potential long-term impact on shipping rates. The author suggests that the...
Geopolitics Reshapes Tanker Market Dynamics
A potential lifting of the Russian crude ban could significantly impact the global oil tanker market. It might lead to increased demand for larger...
Global Bunker Fuel Market Sees Slight Price Decline, Future Uncertain
The global bunker fuel market experienced a slight decline in prices during the 50th week of the year. The prices of High Sulfur Fuel...
The Poseidon Principles: Driving Climate Action In The Shipping Industry
The Poseidon Principles, a framework for assessing the climate impact of shipping portfolios, has shown that financial institutions are increasingly aligning their investments with...
A Comprehensive Guide To Shipyard Design And Layout
Designing shipyards is a complex task due to the diverse nature of vessels being built, ranging from simple to complex. The optimal layout and...
Moody’s affirms Port of Oakland’s A1 stable rating
Moody’s Investors Service has affirmed the Port of Oakland’s senior lien rating at A1 stable, reflecting strong liquidity, robust debt service coverage, and...
Rongsheng Heavy Industries Resumes Operations
Rongsheng Heavy Industries, once the largest private Chinese shipbuilder, has resumed operations as Jiangsu New Rongsheng Heavy Industry after bankruptcy.
The yard has...
Resilient Marine Shipping on Great Lakes and St. Lawrence Seaway
Total cargo shipments reached 32.3 million metric tons by November, matching 2023 levels and demonstrating the reliability of marine shipping.
Key increases were...
UECC Expands Eco-Friendly Fleet with Dual-Fuel LNG Carrier
UECC introduces the Blue Aspire, a dual-fuel LNG Pure Car and Truck Carrier (PCTC) with advanced eco-friendly features.
The 200-meter-long vessel can carry...