World-first CO2 Capture Plant Onboard A Vessel
Kawasaki Kisen Kaisha (K Line) has been conducting a joint project with Mitsubishi Shipbuilding and Class NK to develop a world-first CO2 capture plant onboard a vessel, says a Splash 247 news source.
Installation of...
Lucrative East-west Routes Forces Ocean Carriers To Switch Vessels
Ocean carriers continue to shift tonnage from intra-Asia and north-south trades to more lucrative east-west routes.
It is in turn driving freight rates up on these secondary trades, threatening the sustainability of global...
30% Increase in Long-term Rates, Shippers Shocked
July saw the container shipping industry enter uncharted water, as long-term contracted rates surged by their largest ever monthly increase, climbing by close to one third.
The global index recorded a staggering jump...
Shipwreck Clean Up Leads To Oil Leak Onto Popular Beach
More oil gushed into the water Monday from the remains of an overturned cargo ship being dismantled along the coast of Georgia, where dozens of workers were still busy cleaning up thick bands of...
Inmarsat’s New Report Helps Decide the Future of Maritime Safety
Inmarsat, the world leader in global, mobile satellite communications, has published a new report based on an exclusive analysis of Global Maritime Distress and Safety Services alerts from ships, reads the website.
The Future of...
2021 LNG Power Play Awards Nomination Up For Voting Now!
ExxonMobil LNG has announced the finalists for the LNG Power Play Awards.
In its third official year, the awards programme continues to recognise the women and men making a difference in the LNG...
MPA & SMI Funds For 3 Joint Research Consortiums To Develop Electric Harbourcraft
MPA & SMI have awarded funding to three consortiums led by Keppel FELS Limited, SeaTech Solutions and Sembcorp Marine.
These electrification pilot projects will demonstrate both commercial and technical viability of specific use...
FMC Pumps 8 Carriers To Manifest US Congestion Surcharges
MSC Mediterranean Shipping Company is shocked to learn of the accusations made by MCS Industries and the complaint filed by MCS Industries with the FMC, a notice of which was published by the...
ClassNK Launches Latest Technical Journal on Autonomous Ships
ClassNK has introduced its ClassNK Technical Journal, which will publish the outcome of R&D and technical activities in autonomous ships, reads company press release.
Practical use of autonomous ships
The issue covers trends and issues for...
SFL Charters For Two 14,000 TEU Containerships Acquisition
SFL announced that it has agreed to acquire two 14,000 TEU container vessels in combination with charters.
The Company expects to take delivery of the new vessels in the third quarter and the...