Yearly Archives: 2024
Lessons from ROV Recovery: Improving Emergency Procedures
During an ROV emergency recovery, a worker’s finger was amputated due to insufficient planning and risk assessment.
Key oversights included failing to identify...
MAN’s Dual-Fuel Retrofits: The Future of Emission-Free Maritime
MAN Energy Solutions successfully retrofitted Maersk Halifax’s engine to operate on green methanol, reducing CO2 emissions by 90%.
Maersk is planning additional conversions...
Pritchard-Gordon Tankers Newbuild Order At Jinling Shipyard
As part of its fleet renewal programme the tanker company has ordered two 10,600 dwt product tankers from Jinling Shipyard in November 2023, which...
ICIS: Asia – US Container Rates Fall Despite A Global Increase
Rates for shipping containers from East Asia and China to the US were flat to softer during the first week of December 2024. Meanwhile,...
Maritime India Vision 2030
India Vision (MIV) 2030 provides a comprehensive framework for the holistic development of India’s maritime sector, encompassing ports, shipping, and waterways. MIV 2030 outlines...
Ocean Network Express And Ningbo Zhoushan Port Group Collaborate On Shore Power
Ocean Network Express (ONE) and Ningbo Zhoushan Port Group (NZPG) held a symposium on December 6th to share best practices and explore innovative approaches...
CMB.TECH NV Executes Strategic Sale of Three Suezmax Tankers
CMB.TECH NV has sold three Suezmax vessels to a wholly owned subsidiary of CMB NV as part of its fleet rejuvenation strategy.
The...
Gas Freight Market: Pacific LNG Stagnation and Atlantic LPG Trends
LNG Market Overview
The LNG spot market saw minimal movement this week, with rates largely stagnant amid limited activity, especially in the Pacific. Persistent lengthy...
Ningbo Shipping Exchange Reports Container Freight Rates for Major Routes
According to Baltic Exchange, The Ningbo Containerised Freight Index (NCFI), compiled by the Ningbo Shipping Exchange and promoted by the Baltic Exchange, provides...
HIF Global Joins Methanol Institute to Pioneer Sustainable e-Fuels
The Methanol Institute (MI) has welcomed HIF Global, a leader in e-Fuels production, as its newest member.
HIF Global produces e-Methanol, e-SAF, and...