Design Approval For First Chinese Ammonia-fuelled Car Carrier
A recent news article published in the Splash 247 states that first Chinese ammonia-fuelled car carrier seals design approval.
Approval in principle from DNV
Shanghai Merchant Ship Design and Research Institute (SDARI) has gained approval in...
20 Lines Under Scanner, Korean Antitrust Body Probes
The Korea Fair Trade Commission (KFTC) is investigating 20 local and overseas liner operators for colluding to fix freight on services from South Korea to China and Japan.
The probe comes just two...
Rising Costs And Disruption Pause Supply Chain
The Shanghai lockdown is playing havoc with Chinese supply chains, driving up inland logistics costs and disrupting shipping schedules, forwarders say.
According to Southern Cross Cargo, carrier schedules are “changing rapidly”, with some...
[Watch] How Freight Industry Is ‘Becoming A Very Tight Market’
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John Wobensmith, Genco Shipping and Trading president and CEO, joins Yahoo Finance Live to discuss the state of the...
Sales Of Used Ship Equipment On Cross-Border e-Commerce Website
TOKYO-Mitsui O.S.K. Lines, Ltd. announced that its group company MOL Turkey Denizcilik Ve Lojistik Tic. A.Ş (MOL Turkey) launched sales of used ship equipment from vessel demolition yards in Turkey, reports a short press...
Russian Plants Likely To Run At 50% In April
Small and medium-sized Russian refineries, which predominantly rely on exporting their products, were expected to run at around 50% capacity in April with international buyers distancing themselves from the country's oil after the invasion...
SSA Inks A Partnership Agreement For Deacrbonisation
The Singapore Shipping Association (SSA) has signed a partnership agreement with the Global Centre for Maritime Decarbonisation (GCMD), reports Seatrade Maritime News.
About the deal
The agreement signed in Singapore on Tuesday aims to pave the...
Shipbrokers Desperate For ‘Something To Sell’
The shift by some ocean carriers to owning more tonnage rather than chartering-in ships has depleted the containership charter market by 1.6 mllion teu, according to Alphaliner data, reports The Loadstar.
Reduction of open tonnage
And...
Russia, Ukraine To Resume Talks Soon, Says Turkey
Moscow would not refuse a meeting between Foreign Minister Sergei Lavrov and his Ukrainian counterpart Dmytro Kuleba but any talks between them would need to be substantive, RIA news agency cited the Russian foreign...
Car Carrier Rates Hit Record Highs
car carrier rates are hitting record highs according to new research from VesselsValue.
It’s not just tonnage suppliers who are benefitting. Operators have started to earn quarterly profits finally worth bragging about after...