Yearly Archives: 2024
Maersk Shares Surge After Shipping Firm Extends Red Sea Pause
Maersk shares have climbed, with shipping firms set to benefit from ongoing disruption to global trade.
Ships are avoiding the Red Sea, the...
New Tech To Monitor Ship’s Black Carbon Emissions
A Danish project involving Green Instruments A/S, the Danish Technological Institute and key maritime industry stakeholders has developed a real-time flue gas sensor...
Hanwha Ocean & SHI Sign ‘Milestone’ Contract
Hanwha Ocean decided to produce and deliver commercial blocks to Samsung Heavy Industries, reports BNN Breaking.
Hanwha Ocean signed a 50 billion won merchant block...
Poor Access Causes ‘High Potential’ Fender Incident
IMCA reports of a high potential incident, where a person was struck by Yokohama fender.
The Yokohama fender was not accessed from the...
[Podcast] Shipping Markets Outlook For 2024
Where are shipping markets headed in the next 12 months? Get the view of the experts in our 2024 markets outlook podcast episode.
In the...
Crude Rates Drop As US Hits Record High In Production
Crude oil prices faced a decline of -1.39%, settling at 5943.
This surge in crude output, up by 200,000 barrels per day from...
Clarksons Insight Into Shipping’s Decarbonisation
Despite a record take-up of green technologies in ships ordered in 2023, thousands of existing vessels will fall into carbon intensity indicator (CII) categories...
Vessels Navigate In The Shadows
Vessels are now resorting to switching off their AIS transponders to conceal their movements and prevent Houthi attacks in the Red Sea – but...
Energy Outlook: Are Gas And LNG Freeze On The Cards In 2024?
After the COP28 climate talks put the transitioning away from all fossil fuels card on the table, Wood Mackenzie, an energy intelligence group, has...
Hapag-Lloyd Shipping Company To Continue Avoiding Suez Canal Route Until January 9
A spokesperson for German shipping company Hapag-Lloyd stated that the company will continue to reroute its ships around the Suez Canal through the Cape...