Drewry World Container Index – 14 April 2022

Drewry’s composite World Container Index decreased by 1.2% to $7,945.31 per 40ft container this week. Detailed assessment for Thursday, 14 April 2022 The composite index decreased by 1.2% this week, but, remains 62% higher than...

ClassNK Releases GHG Emissions Management Tool

ClassNK has released “ClassNK ZETA (Zero Emission Transition Accelerator)”, a GHG emissions management tool to track accurate CO2 emissions and confirm and simulate CII ratings, reads an official press release. Zero Emission Transition Support Services ClassNK...

ABS Publishes Insights on Vessel Connectivity Technologies

The demands on vessel connectivity driven by smart, autonomous and remote-control functions are explored in the latest addition to ABS’ industry-leading series of guidance on key maritime technologies, says an article published in s&p...

China Signed Record High 22.7 mil mt of LNG Term Contracts in 2021

China signed a record high 22.7 million mt of LNG term contracts in 2021, up 516% year on year, with some contracts starting delivery in 2022, which will boost LNG imports in coming years,...

ANL Conducts First-Ever Container Shipping Biofuel Trial

ANL, a subsidiary of French container and logistics shipping giant CMA CGM Group, has completed the first biofuel trial on a containerised shipping vessel within Oceania, reports Offshore Energy. About the trial The trial, undertaken on...

Best Of Intentions, Worst Of Outcomes

A small dry cargo vessel was in harbour and its engineers were investigating why ballasting operations were taking longer than normal. Their plan was to clean the ballast system’s seawater strainer and then check...

UK’s Sixth Covid Vaccine Approved

A Covid-19 vaccine developed by the French pharmaceutical company Valneva has been given regulatory approval by the Medicines and Healthcare products Regulatory Agency,  Since then the MHRA has approved the Moderna, Oxford/AstraZeneca, Janssen...

The Richest Tech Billionaires Of 2022

  The Nasdaq Technology 100 Index hasn’t been able to sustain its pandemic-fueled highs, dipping 12% in 2022. Collectively, tech billionaires are worth $2.1 trillion, down from $2.5 trillion last year—though their fortunes are...

Launching The New China-Bangladesh Service

The new Bengal service will provide customers with a direct link between South China and Chattogram. The first voyage will deploy MSC Kymea. Rotation of this new service will be Hong Kong –...

A New FLNG Hull Concept Design Developed

The American Bureau of Shipping (ABS) has given its approval in principle (AIP) to a novel design of FLNG (floating LNG) hull created by Kawasaki Kisen Kaisha, Ltd. ("K" LINE) and JGC CORPORATION (JGC),...