How The Shipping Decarbonises As Regulators Thrash Out Climate Details
Many of the shipping industry’s top brass descended on Glasgow over the weekend to give their verdict on how the industry decarbonises.
Liquefied natural gas (LNG) has been highlighted as the best starting...
[FAQ] What is The Tare Weight of A Container?
Other than the container number and the Container Safety Convention (CSC) plate fixed on intermodal containers, various other acronyms and short forms can be found displayed on them. Typically, all this information is found...
Weekly Bulk Report – Week 44, 2021
The Baltic Exchange has released a report about the dry bulk market for the 44th week of shipping activities of this year. The report dated 05th November highlights the dry bulk market conditions at...
Boxship Suffers Engine Room Fire
According to reports, on Sunday morning, a boxship sustained an engine room fire at a position in the Gulf of Finland, disabling her and prompting a large-scale emergency response, reports assafinaonline.
What happened?
At about 0200...
A Final Step In Cargo Loading Operations
Over pressurization of vessel tanks when shore pipelines are cleared can cause physical distortion and even rupture of the tanks.
Line blowing is clearing shore pipeline using compressed air or nitrogen.
Pigging is...
Santos & CSIRO Develop World’s Lowest Cost Air Capture Technology
Santos is partnering with Australia’s national science agency, CSIRO, to develop what is hoped could become the lowest cost direct air capture technology in the world.
With Moomba CCS having capacity to store...
Fearnleys Weekly Report – Week 44, 2021
Sentiment is somewhat undecided in the VLCC market, and rates have flatlined in the mid WS 40’s for MEG/Eastbound voyagers. A quieter Atlantic Basin has also limited alternative opportunities.
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Everybody’s Favorite Ship Will Be Back In Action Very Soon
Everybody’s favorite container ship is back in the news this week.
That’s right — the Ever Given is finally getting the repairs it needs after it spent almost a week lodged in the side...
China’s Record High Dollar Influx Muddles World Markets
Unprecedented trade surpluses and record inflows into its bond market are giving China a stockpile of dollars unseen since the days when the ‘Asian savings glut’ was blamed for keeping U.S. interest rates excessively...
Supply Chain Crisis Deepens, A Nightmare for Shippers
Close to 160 vessels are waiting to enter the Long Beach and Los Angeles port complex.
Some mega-sized container ships carrying as much as half a million tons of everything from consumer goods...