Yearly Archives: 2024
Global Shipping Industry, A Surge Of Activity
The global shipping industry is witnessing a surge in activity, with companies expanding fleets and focusing on bulk carriers. Innovation and sustainable practices are...
Lessons Learned: Ensure Checking Of Lightning Rod Conductor Fittings
International Marine Contractors Association (IMCA) provides lessons learned from an incident in which a lighting rod conductor mounted on top of a dynamic gangway...
Carbon Capture Tech Successfully Tested On Commercial Boxship
Seabound, a UK-based leader in carbon capture solutions for the shipping industry, has successfully tested its novel carbon capture technology on a commercial...
Drewry: World Container Index Drops By 1% This Week
Drewry’s World Container Index dropped by 1% to $3,733 per 40ft container this week, reads an official release.
Detailed assessment for Thursday, 15 February 2024
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EU To Launch Mission To Protect Red Sea Shipping
EU foreign ministers will meet in Brussels to formally launch a naval mission to help protect international shipping in the Red Sea.
An...
IMO Lays Groundwork For Seafarer Training Standards’ Review
IMO HTW has agreed on a roadmap for the comprehensive review of the International Convention on Standards of Training, Certification and Watchkeeping for...
HSL Bags 2 Awards From ‘World Logistics & Supply Chain Congress’
HSL has received 'Best Ship Repair Facility of the Year’ and ‘Best Practices Award’ from ‘World Logistics and Supply Chain Congress.’
During the...
Containership Rates Up 300% Due To Attacks In The Red Sea
According to Dr. Ioannis Koustas, the conflict in the Middle East extended to the seas with attacks on ships in the Red Sea region.
Containership...
New Concept In Sustainable Shipping: Aquilo, The Wind-Optimized Aframax Tanker
A groundbreaking collaboration between Finland’s Deltamarine and UK-based BAT Technologies is set to revolutionise sustainable shipping. In a recent presentation held in London, the...
Aframax Market Update: Recovery In North Sea And Mediterranean
LR2
LR’s in the MEG softened again for the second week. The 75kt MEG/Japan TC1 index dipped 12.22 points to WS246.67. The 90kt MEG/UK-Continent TC20...