Yearly Archives: 2024

VLCC Market Weakens : China Routes And Atlantic Rates Drop

LR2 LR’s in the MEG have rocketed this week. The 75kt MEG/Japan TC1 index rose almost 115 points to WS353.89 ($101,134 per day TCE round-trip)....

Lesson Learned: Gangway Collapse Causes Crew Injury

IMCA reports of an injury when a gangway collapsed. Cause: The vessel gangway was moved partially instead of fully and properly. This happened...

Panamax Insights : Activity Peaks And Plateaus

Capesize The capesize market witnessed a mixed and evolving week with notable fluctuations in different regions. The Pacific market started with limited activity and weather...

Singapore’s Just In Time Planning And Coordination Platform

The Maritime and Port Authority of Singapore is implementing a scheme titled “Just-in-Time” for vessels arriving at its terminals and berths in Singapore. Purpose of...

China’s First Ammonia/Diesel Dual-Fuel Tug: Construction Phase Underway

Dalian COSCO Shipping Heavy Industry has initiated the construction of China's first ammonia/diesel dual-fuel-powered tug,  focused on ammonia-powered dual-fuel engines and supply systems. ...

Hudong-Zhonghua Launches China-Made LNG Bunkering Ship For Anhui Changjiang LNG

Chinese shipbuilder Hudong-Zhonghua, a subsidiary of China State Shipbuilding Corporation (CSSC), has successfully launched a 14,000 cubic meter LNG bunkering vessel for Anhui...

Introducing Icon Of The Seas: Royal Caribbean’s Revolutionary Cruise Ship

Royal Caribbean has unveiled its groundbreaking Icon of the Seas, the world's largest cruise ship by gross tonnage, marking the debut of a...

Vroon Expands Its Fleet

Vroon has announced the acquisition of a new vessel to strengthen the fleet, reads an official release. At the end of December, the company finalised...

Maritime Shipping Bunkered Less Fuel In Rotterdam In 2023

Maritime shipping bunkered significantly less fuel in Rotterdam; 9.9 million tonnes in 2023 compared to 10.6 million tonnes in 2022. With that, the...

Maersk Names Its First Large Methanol-Enabled Boxship

The world’s first large methanol-enabled container vessel has been named "Ane Mærsk" at a ceremony in the shipyard of HD Hyundai Heavy Industries...
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