This Week Trends
According to an article published in LNG Industry, Crowley Maritime Corp. and subsidiary Jensen Maritime, the company’s Seattle-based naval architecture and marine engineering firm, were recently honoured with the 2019 Significant Boat of the Year Award during the International...
For many years, damage to the cargo in the hold has never stopped. We have produced below extracts from the Gard & Swedish P&I club. Likewise, similar circulars are issued by other P&I clubs too, on a regular basis...
Lines were drawn clearly at the fourth Ship Recycling Congress on 25-26 January in London. Whilst the Danish Shipowners’ Association continues to argue that the European List of approved recycling facilities should be used as an incentive to raise...
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Hot Stuff Coming
Wreckdock Attracts Investors for Its Brand New Maritime Recycling Facility
Wreckdock Maritime, a leading maritime offshore recycling company, announced the development of a revolutionary state of the art vessel recycling facility located in Saudi...
Meet The Richest Private Citizen In The World
If you don't chance to be born into the Saudi royal family and want to become a millionaire, there are a few options. You...
Carriers Navigate Rate Challenges Amid Market Shifts
Ocean carriers are mostly holding the line on the huge mid-December and 1 January Asia-North Europe GRIs (general rate increases), and appear to have...
Ocean Cargo Volumes Begin To Boom Amid Rising Demand
Experts maintain that ocean carriers may have finally figured out how to make money this year, as sluggish demand last summer made sustainable...
LATEST ARTICLES
New Program Focuses On Ammonia Fuel Safety
Ammonia is gaining traction as a potential clean fuel for the future, with the first ammonia-powered vessels expected to debut as early as 2025....
CO2 Storage Licenses In English Channel Up For Grabs
UK regulator North Sea Transition Authority (NSTA) has launched a competitive process inviting applications for CO2 appraisal and storage licenses in an area of...
Maersk Q1 Results: Meeting Expectations Amid Red Sea Disruptions
A.P. Moller - Maersk (Maersk) reported first-quarter results in line with expectations, showing a robust recovery in earnings compared to the previous quarter.
...
Addressing The Threat Of Dark Fleet Tankers
The International Oil Pollution Compensation (IOPC) Funds convened in London to confront the escalating danger posed by "dark fleet" tankers, a concerning phenomenon...
Tanker Market Outlook: Balancing Optimism And Challenges
In the analysis of the tanker market outlook, various factors are scrutinized to offer stakeholders a comprehensive understanding of industry dynamics.
The interplay...
Charting Legal Waters: The Journey Of Maritime Autonomous Surface Ships (MASS)
The International Maritime Organization (IMO) Legal Committee (LEG) recently convened its 111th session from April 22 to 26, 2024, during which a roadmap...
Rushing To Decarbonize: The Shipping Industry’s Exploration Of Alternative Fuels
The shipping industry, responsible for approximately two percent of global greenhouse gas emissions, is under pressure to decarbonize.
Heavy fuel oil (HFO), traditionally...
Orient Express’ Sail-Assisted Cruise Ships Enhance Propulsion System
Chantiers de l’Atlantique, in collaboration with Orient Express Silenseas, is developing two of the world's largest sailing ships, featuring sail-assisted technology.
The addition...
Trafigura Inks Newbuild Contract For Ammonia-Powered Gas Carriers
Commodities giant Trafigura has contracted four ammonia dual-fuel midsize gas carriers at HD Hyundai Mipo Dockyard in South Korea.
The vessels will carry...
[Watch] The Dangers Of Confined Spaces
IMCA, in a video, reports of the dangers associated with confined spaces.
The dangers of confined spaces are obvious. They are places where you could...