Yearly Archives: 2024
K Line Invests in Digital Tech and Seafarer Training
Kawasaki Kisen Kaisha (K Line) is focusing on digitalization to optimize container shipping and enhance safety in its five-year management plan.
The Japanese...
Unveiling The Hilarious Secrets Of Cruise Ship Waste Management
Modern cruise ships, accommodating thousands of passengers, produce substantial waste. While older practices involved dumping untreated sewage into oceans, contemporary ships treated sewage...
Mastering P&I Insurance Dynamics in 2024 Renewals
Recent maritime incidents and the COVID-19 pandemic influence P&I insurance, leading to stricter underwriting and heightened risk assessments.
Global economic fluctuations reshape P&I...
Navigating Troubled Waters: The Ever Given Incident Unraveled
The grounding of the 'Ever Given' in the Suez Canal in 2021 led to a six-day disruption, costing the global shipping industry an...
UN Urged to Act as Red Sea Vessel Attacks Escalate
Governments, including the UK and the US, call on the United Nations to address rising attacks on Red Sea vessels.
Nations warn Houthis...
CMA CGM Tage Unharmed as Houthi Tensions Escalate in Red Sea
French shipping firm CMA CGM reassures that its container ship, CMA CGM Tage, remains unharmed with no reported incidents.
The company denies Houthi...
Spot Container Rates Soar 173% On Red Sea Diversions
Suez traffic is down 28% in past 10 days, IMF PortWatch says.
Risk of congestion rises heading into Chinese Lunar New Year.
Short term...
MSC Overtakes Maersk To Become The World’s Largest Shipping Line
For decades, Maersk was the biggest container line in the world.
Swiss-Italian company MSC claimed the top spot when it took delivery of...
Maersk Broker Rebrands After 110 Years
Maersk’s global shipbroking company, Maersk Broker, has concluded a management and employee buyout from the Mc-Kinney Møller family.
The rebranding announcement was made...
China’s New Rare Earth Policy Shakes Global Tech Industry
The ban includes technology for making rare earth magnets used in various industries.
China, controlling 90% of the refined rare earth metal market,...