Yearly Archives: 2024

Singapore Registry of Ships Achieves 100 Million Gross Tonnage Milestone

A significant achievement by surpassing the 100 million gross tonnage milestone by SRS. SRS has positioned the Singapore flag as a preferred choice...

Fresh Strikes On Houthi-controlled Areas May Trigger Freight Rates Uptick

The latest US- and UK-led strikes on Houthi-controlled areas in Yemen have led to concerns that the ongoing conflict in the Middle East may...

U.S. Seeks Chinese Assistance On Red Sea Houthi Attacks

The US has sought China's help for Red Sea attacks. U.S. military neutralized two anti-ship missiles in Yemen targeting the Red Sea.  The...

Containers Bound For Piraeus Port Delayed By Red Sea Crisis

Goods arriving at Piraeus port are experiencing up to 20 days delay with more than 200,000 containers not yet having reached the port due...

VLGC Wager Raises As BNG Returns To Hyundai

BGN is strengthening its commitment to LPG/ammonia trades. The company aims to enhance its emissions performance.  BGN in collaboration with Pertamina International Shipping. BGN...

Online Portal For Streamlining Hazardous Documentation Released

APM Terminals has designed a new online portal to simplify the process of managing hazardous cargo documentation for shipping lines. The first iteration of...

Red Sea Conundrum Strikes Fear Of Inflation

The disruption to traffic via the Red Sea/Suez Canal route could continue for months. The higher freight costs and the delays in deliveries...

AI’s Impact: IMF Warns Of Job Evolution And Inequality

In a recent report, the International Monetary Fund (IMF) sheds light on the transformative influence of artificial intelligence (AI) on the worldwide labour market....

Crowley’s Revolutionary All-Electric Vessel Sets Sail

In a groundbreaking move for the U.S. maritime industry, Crowley, in collaboration with federal and California agencies, unveils the 82-foot eWolf, an all-electric vessel...

WinGD’s X‑DF Engine Pioneers A Greener Horizon In Shipping

WinGD, a leading engine manufacturer, is bolstering its X‑DF engine with cutting-edge technologies to elevate efficiency and sustainability in maritime operations. Variable Compression Ratio (VCR)...
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