Yearly Archives: 2024
World’s Largest Modern Cargo Sailboat Christened!
French company Grain de Sail has celebrated the christening ceremony for Grain de Sail II, the world’s largest modern cargo sailboat.
The christening...
IACS Issues New Piping Recommendation
The International Association of Classification Societies (IACS) has launched a new recommendation, 177, to enhance the quality of machinery piping systems in shipbuilding.
...
PSC Case Study: Cargo Ship Detained With 15 Deficiencies
During December of 2023, a General Cargo Ship was inspected in Ravenna, Italy (Port UNLOCODE ITRAV) resulting to a PSCI report with 15 Deficiencies...
Liquid Momentum: Incremental Gains In Crude And Refined Oil Sub-Indices
Recently, China's coastal bulk freight index witnessed a significant 11.9% month-on-month increase, as reported by the Shanghai Shipping Exchange (SSE). The composite index, measuring...
Geopolitical Turmoil Propels Crude Tanker Market Surge
The crude tanker market is witnessing a surge in 2024, fueled by geopolitical instability and oil supply disruptions. Recent events, such as the shutdown...
Cost-Efficient Subsea Inspections Reshape Offshore Operations
Aker BP and DeepOcean recently conducted a groundbreaking ten-day inspection campaign at the Alvheim subsea field on the Norwegian continental shelf. The inspection utilized...
Eastbound Exodus: Shifting Container Routes Amidst Rising Rates
Judah Levine, Research Lead at Freightos, is a seasoned market research manager specializing in data-driven analytics. He provides market-based insights, contributing to the Freightos...
Notable Start To 2024: HD KSOE Secures Order For Two VLGC Ships
HD KSOE has an order for the VLGC ships.
The influx of orders has propelled HD KSOE to reach 17.7 percent.
The diversified...
Ferry Industry’s Green Transition: A Snapshot
Ferry companies in the US and Canada are actively investing in batteries, electric, and hybrid propulsion.
Zero-emissions workboat projects are gaining traction in...
Ocean Infinity: Navigating the Maritime Data Revolution
Remote, lean crewed, and autonomous ship operations are playing a more extensive role than ever before in the maritime industry. This paradigm shift is...