NYK To Build First LPG-fuelled LPG/Ammonia Carriers

NYK orders its first two liquefied petroleum gas (LPG) dual-fuel very large LPG / ammonia (NH3) gas carriers (VLGCs) from Kawasaki Heavy Industries, Ltd, says a press release published on their website. Both ships will...

“K” LINE Awarded “A List 2021” On Climate Change

"K" LINE is pleased to announce that the company was recognized as "A List 2021. The “A List” is awarded to companies that are evaluated as global leaders in their response to climate...

Suez Canal Witnesses The First Transit of The Giant Containership “EVER AIM”

Osama Rabie, the Egyptian chairman of the Suez Canal Authority, revealed today that the massive container ship "EVER AIM" had completed its first transit through the canal on its way from Malaysia to the...

Shipping Significant Improvement In Safety Over The Past Decade

Shipping has seen a significant improvement in safety over the past decade. The release of a major new analysis, ‘Maritime Safety 2012-2021: a decade of progress’, from Lloyd’s List Intelligence and DNV. Valderhaug...

Maersk, More Realistic Transit Time Predictions

Maersk we are making a dedicated effort to alleviate pains in our customers’ supply chain, providing visibility, clarity and predictability. One of the developments manifesting itself is our ability to predict more accurate...

‘Stealth’ Variant Of Omicron Puts Scientists In Distress

Scientists say they have identified a “stealth” version of Omicron that cannot be distinguished from other variants using the PCR tests that public health officials deploy to gain a quick picture of its...

BIMCO Publishes ‘Game-changing’ EEXI Transition Clause

According to a recent article published on BIMCO website, ahead of the implementation of the IMO’s Energy Efficiency Existing Ship Index (EEXI) in January 2023, BIMCO has drafted an EEXI Transition Clause which can...

First Claims Made Against Carriers for Lost Cargo

Last winter was an exceptional period for cargo losses on the North Pacific trades, with many containers lost in storms – not least from the ONE Apus, which lost more than 1,800 containers, reports...

Real Estate Sector Backed By Beijing, Spike In Cape

The decision by the People’s Bank of China to cut the reserve requirement ratio by 0.5 percentage points this week. It has driven up sentiment in the Chinese steel and iron ore markets.   A...

‘Abandoned’ Exporters Scramble for Deals Prompting More ‘ad hoc’ Charters

Asian exporters “abandoned” by Maersk are scrambling for deals with rival carriers, inspiring a fresh wave of ad hoc charters to North European ports for next month, reports the Loadstar. Strategic transformation The “strategic transformation” of...