Yearly Archives: 2024
Rates Surge And Alliance Shake-up Heighten Opposition To HMM Sale
The planned sale of HMM to Harim Group encounters resistance, with unions citing concerns over synergy and financial transparency.
The Red Sea crisis...
SCA Assures Support For Global Shipping Lines Amid Red Sea Tensions
Global shipping lines passing through the Suez Canal have received assurance of support from the channel’s operator to mitigate current conditions amid rising...
World’s Largest Cruise Ship Stokes Environmental Concerns
World’s largest cruise ship left the Port of Miami to great fanfare.
The giant floating resort cost $2 billion to build, measures nearly...
Red Sea Disruptions Escalate Fuel Costs In Asia
Red Sea shipping crisis escalates fuel costs in Asia, with rates for gasoline shipments surging by 50% to over $49,000 a day.
Attacks...
Lesson Learned: Crew Fell Into Water During Gangway Installation
IMCA reports of a fall into water during gangway installation.
IMCA notes that this was a very simple and wholly avoidable incident with...
ICCT: LNG-Fuelled Ships Emit More Methane Than Previously Estimated
LNG-fuelled vessels have been touted as greener alternatives to those running on traditional oil-based fuels.
A new study finds that many of these...
SSI Launches The State Of Sustainable Shipping Programme
The Sustainable Shipping Initiative (SSI) has launched its State of Sustainable Shipping (SoSS) programme.
The programme will track and challenge the maritime industry’s...
NYK Gets First Transition Loan To Fund Fuel-Efficient Vessel Projects
Japanese shipping company Nippon Yusen Kabushiki Kaisha (NYK) has secured its first transition syndicated loan to finance projects for reducing greenhouse gas (GHG) emissions...
Yang Ming Not Tempted To Charter Ships Amid Red Sea Crisis
Taiwanese liner operator Yang Ming Marine Transport will not follow its peers and charter in more ships to capitalise on the Red Sea crisis.
Speaking...
Global Shipping Faces New Challenges As Red Sea Attacks Disrupt Trade Routes
Recent attacks on cargo ships in the Red Sea are adding another layer of complexity to the already strained global supply chain due to...