Yearly Archives: 2024
Korea Loses World’s Top Spot To China In Shipbuilding Orders 3 Years Running
In 2023, Korea’s shipbuilding industry lost the world’s top spot to China for the third consecutive year.
Even as orders fell by more than 37...
Straits Energy Resources Unit Gets Certified For Marine Biofuel Industry Entry
The maritime industry is accelerating its transition to low-carbon fuels as part of the global decarbonization agenda.
DNV estimates that 250 Mtoe of...
Maersk Suspended Shipping Through Red Sea And Suez Canal Due To Security Reasons
Maersk has halted shipping through the Red Sea and Suez Canal after the attack.
Maersk plans to reroute some ships around the Cape...
Baltic Index Shows Sustainability As Capesize Rates Surges Counter To Small Vessel Drop
The Baltic Exchange's dry bulk sea freight index showed stability.
Capesize Vessels increase.
Daily earnings for Panamax vessels dropped.
Baltic Exchange's Dry Bulk Sea...
CMA CGM Of France Has Increased Shipping Rates
CMA CGM announced a substantial increase in container shipping rates.
FAK rate for a 40-foot container between Asia and the West Mediterranean will...
Global Container Shipping Industry Concentrates On Tech Investment
Positive growth in the global container shipping industry for 2024.
Real-time visibility, collaboration, connectivity, and process automation are key areas of investment
Increase...
Rebuilding Resilience: Japan Mobilizes Forces To Tackle Aftermath Challenges
An earthquake, along with fires and warnings for tsunamis has killed at least 57 people. Those still trying to rescue are facing limits because...
Maritime Attacks Driving Up Costs Globally
Shipping costs are rising as hundreds of container ships that typically transit the key maritime artery of the Red Sea and Suez Canal are...
Clearing The Waters: HKC’s Mission To Ensure Safe Ship Recycling
HKC works with ships of 500 tons or more that trade between countries.
The rule needs a good plan for ships that are four or...
EGA Sets Sail For Net Zero: Pioneering Decarbonization In Global Shipping
EGA sends about 22 million tons of aluminium, bauxite and raw goods all around the world every year.
The Sea Shipping Agreement tries to cut...