Raising Wages And Workforce Growth In South Korea’s Shipbuilding Industry

Wages at South Korea’s shipyard increases Samsung Heavy Industries expanded its workforce. Growth in wages at Hanwha Ocean. In the past year, wages at...

Safety Of Onboard Lifting Appliances And Anchor Handling Winches

MSC (Maritime Safety Committee) is expected to adopt a new draft regulation, SOLAS II-1/3-13, along with two sets of guidelines, addressing the requirements and...

BIO UV, 3C Metal Complete OSV BWTS Retrofit

BIO-UV Group’s maritime division and its engineering partner 3C Metal have completed the at-sea retrofit installation and commissioning of a low-flow ballast water treatment...

LNG Shipping Stocks: UPI Shows Resilience Amidst Market Fluctuations

The UP World LNG Shipping Index (UPI) gained 2.21 points or 1.45% last week, reaching a closing value of 154.66 points. This index monitors...
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MTF Report Underscores Importance Of Pilots

The Maritime Technologies Forum (MTF) – of which DNV is a founding member – has  released a comprehensive assessment to compare the feasibility and...

Red Sea Crisis: Longer Maritime Routes Mean More Fuel Consumption

Sales of bunker fuel in Singapore have increased to all-time highs, indicating increased global consumption. Bunker fuel sales have increased year over year...

Asian Bulk Logistics Signs Up For ShipIn Systems’ AI Safety Tool

Jakarta-based Asian Bulk Logistics (ABL) has signed a deal with US-based shipping tech tool provider ShipIn Systems, becoming the first Indonesian company to install...

China Issues Ultimatum Over Panama Canal Port Sale

China has threatened to block a $22.8 billion global ports deal unless its shipping giant Cosco is given a stake. The deal must...

Global Shipping Trends (Nov ’23): Reliability Drops By 2.5 %

Reliability drops 2.5% to 61.9%, up 5.4% YoY. Late arrivals increase by 0.10 days. Evergreen leads with 70.0%, Wan Hai at 68.1%. Six...
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Wärtsilä To Supply Propulsion System for Zero-emissions Ferry

Technology group Wärtsilä will power the biggest battery electric ship ever built with its battery electric propulsion system and waterjets, according to the company's...

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Tanker Capsizes With 2,200 Tons Of Sulphuric Acid

Accident type : Vessel Capsize Location : River Rhine in Germany Casualties : Two crew members found missing Spill : None The tanker was carrying at least 2,200 tons of sulfuric acid,...

Federal Maritime Commission Chairman Says that Carriers seek New Alliances

Mario Cordero, the chairman of the Federal Maritime Commission (FMC), said that as container carriers form new alliances and merge, they are seeking new...

Lessons Learned: Container Explosion While Underway

Transport Malta MSIU issued an investigation report on the cargo explosion onboard a container ship while underway in February 2020. The investigation established that...

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