Yearly Archives: 2024
New Shipping Route Enhances Connectivity
A cargo ship, laden with nearly 20,000 tons of Russia-imported coal, has set sail from Longkou Port in east China's Shandong Province, bound for...
OSM Thome Calls for Collaboration n Green Shipping Initiatives
The ship management industry faces challenges in fostering collaboration for green shipping initiatives.
While customers, such as carriers, have demonstrated a higher level...
Navigating Challenges In LNG Shipping: An Industry In Flux
Liquefied Natural Gas (LNG) carriers play a pivotal role in transporting LNG, serving as a lifeline for the LNG industry.
These vessels are...
Legal Battles Loom Over Red Sea Conflict
The shipping industry is bracing for legal battles amidst the escalating conflict in the Red Sea, where Iran-backed Houthi rebels have launched attacks...
Red Sea Unrest Causes Surge In Asia-NW Europe Shipping Costs
Tankers rerouting from Asia to Northwest Europe via the Cape of Good Hope face heightened costs and longer transit times due to Red...
Singapore’s Bio-Bunker Demand In 2024 And The Impact On UCOME Consumption
The demand for bio-bunkers in Singapore, the world's largest bunkering port, is poised for continuous growth throughout 2024.
This surge follows a remarkable...
The Reality Of Sailing Through Pirate Waters
The intensifying Red Sea crisis and broader Middle East turmoil are causing prolonged disruptions in the shipping industry.
Recent incidents, such as a...
Middle East Crisis: Prolonged Shipping Disruptions, Upside For Tanker Stocks
The Red Sea crisis intensifies, leading to extended shipping diversions around the Cape of Good Hope.
Recent attacks in the Middle East raise...
PIL Becomes 1st Shipping Line To Complete Full SGTraDex Integration
Singapore shipping line Pacific International Lines (PIL) has successfully completed full integration with the Singapore Trade Data Exchange (SGTraDex) platform, making PIL the...
Elon Musk’s Neuralink Implants Brain Chip In First Human
Elon Musk’s neurotech startup Neuralink implanted its device in a human for the first time, and the patient is “recovering well.”
Neuralink began...