Pacific Basin’s Leadership In Sustainable Shipping Practices
Pacific Basin, a prominent dry bulk shipping company, has recently taken a significant step towards energy efficiency and environmental sustainability by implementing a graphene-based...
ICS Highlights Shortcomings In Seafarer Wellbeing Amid Red Sea Crisis
As the International Chamber of Shipping (ICS) explains in their Leadership Insights newsletter story, shipping charities and unions have aired concerns that seafarer safety...
Validating Fuel Savings Through Autonomous Navigation
For the first time, fuel savings achieved through autonomous navigation have been officially verified. Avikus, a leader in autonomous navigation technology, has successfully quantified...
ABB’s Plug-And-Play Solution In Vlissingen
ABB, a pioneering technology company, is set to install a plug-and-play shore power system at the Vlissingen port for DEME's fleet by the end...
Maersk’s Sustainable Shipping Success
Maersk, a leading global shipping company, has experienced remarkable growth in its Maersk ECO Delivery Ocean products, driven by a commitment to sustainability. With...
Tonne Day Growth Analysis: Assessing Momentum Across Vessel Categories
In the closing days of March, there has been a discernible softening of momentum in the Capesize Brazil to North China rates, following an...
VLCC Owners Grapple With Market Dynamics: A March Reality Check
Spot volatility increases but follow-through fails on muted fundamentals – The third week of March dealt a harsh blow to VLCC owners, as...
Container Handling SC Ports Records 11 Percent Import Increase
The South Carolina Ports (SC Ports) has announced that loaded import TEU climbed by 11 per cent from February 2023, indicating economic development.
The SC...
ReCAAP ISC: No Incident Of Armed Robbery 19 – 25 March
No incident of piracy and armed robbery against ships in Asia was reported to ReCAAP ISC, between 19 – 25 March 2024.Re-Assessment and Downgrading...
Container Shipping Market: Charter Rates Stabilize Amidst Declining Freight Rates
The container shipping market experiences stabilization in charter rates amidst declining freight rates.
While discussions continue in various segments, caution prevails among operators...
Crude Tanker FFAs: Evaluating The Dominance Of VLCCs
Recent FFA prices indicate a favorable outlook for VLCCs compared to Suezmaxes and Aframaxes in the crude tanker sector.
Despite temporary disruptions and...
Lesson Learned: Vessel Grounding Lessons From An OOW Falling Asleep
In this safety scenario, a container vessel ran aground due to the Officer on Watch (OOW) falling asleep during their shift.
The incident...
Bunker Indices Soar: Week 12 Highlights And Market Trends
The Marine Bunker Exchange (MABUX) reported a notable increase in global bunker indices, with significant gains observed in 380 HSFO, VLSFO, and MGO...
IBIA’s CII Regulation Assessment And Sustainable Shipping Efforts
IBIA's assessment of the Carbon Intensity Indicator (CII) operational energy efficiency rating reveals challenges for bunker vessels in achieving compliance, particularly in enhancing...
Updated Piracy Threat Off The Coast Of Somalia
EU Naval Force ATALANTA has issued an update on the piracy threat off the coast of Somalia, following an increased number of reported...
100 Days Of Red Sea Crisis: More Turmoil Ahead?
Houthis threaten to expand attacks to the Indian Ocean.
Maersk deems the Red Sea region too risky.It has been over 100 days since...
Oil Slicks Reported Off Tuas Port, Port Ops ‘Not Significantly’ Impacted
The Maritime and Port Authority of Singapore (MPA) has announced that oil slicks off Tuas Port waters have not impacted port operations or navigation...
Accelleron & Furuno In Mou On “Digital Cooperation”
Mutual promotion to simplify access to turbocharger and engine optimisation solutions and digitally enabled services.
Furuno cloud-to-cloud connectivity to support Accelleron digital solutions...
PONANT, FARWIND Energy Partner On Renewable Marine Hydrogen
In the ongoing quest to find ways to decarbonize and thus play its part in the maritime industry’s energy transition, PONANT is collaborating...
3 Scenarios for Creating Australia-East Asia Green Shipping Corridor
Following the identification of iron ore shipping routes between Western Australia and East Asia as high-potential candidates for establishing a green shipping corridor powered...