LATEST ARTICLES

Container Shipping Still Poised for Profitability in 2023

With a normalized container shipping market, the first quarter of 2023 saw a significant drop in profitability for most shipping lines. It was the third quarterly downturn following seven straight quarters of record income...

Charting A Course To A Greener Future for Shipping

Shipping is an important industry that plays a significant role in global trade and economic growth, but it is also responsible for 3 percent of all global greenhouse gas emissions, reports Trafigura. Reducing total annual...

Focus on the Journey, Not the Destination!

Having a goal in mind is always a good idea since it lets you know where you need to go. The problem is that focusing solely on the goal’s outcome and ignoring everything else...

Oil Rises After U.S. Leaders Strike Provisional Debt Deal

Oil prices rose on Monday after U.S. leaders reached a tentative debt ceiling deal, possibly averting a default in the world’s largest economy and oil consumer, although concerns about further interest rate hikes capped...

Terror at Sea: Cruise Ship Evacuated After Decks are Flooded

A cruise ship was flooded, and passengers evacuated after it sailed directly into a storm pounding the coast of South Carolina, reports MSN. Flooded cruise ship Passengers aboard the Carnival Sunshine posted videos showing flooded hallways,...

Yacht Mast Shipping Solution

Our company offers reliable and efficient shipping services for a diverse range of cargo, including the transportation of a 32-meter yacht mast from New Zealand to Europe. With a specialized fleet and extensive experience,...

BASF: New Flagship To Cope With Low Water Levels In The Rhine

Climate change is increasingly becoming a threat to shipping on Germany’s rivers. The most important waterway, the Rhine, is also affected.  BASF four years ago, faced with the bleak prospects for water levels,...

[Watch] China Completes12,000-tonne Offshore Drilling Rig

China completed the construction of a 12,000-tonne offshore oil and gas drilling platform on May 26. It is the central platform of China's Bozhong 19-6 gas field, which is the first large and integral...

Are Ports Exposed When It Comes To Marine Insurance?

Estimates show insured losses from natural catastrophes continue to be above the 10-year average of $81 billion, at $115 billion. In this volatile climate we have a very clear message to ports to...

Nike To Use World’s First Hydrogen-Powered Inland Container Ship

Nike is also partnering on the initiative with BCTN Network of Inland Terminals and hydrogen provider Air Liquide. The sports goods manufacturer estimates that H2 Barge 1 will result in a reduction of...