A Look Inside The Flourishing Shipbuilding Industry
In ocean shipping, present success often breeds future failure. Across the decades, freight-rate spikes have spurred newbuilding sprees, wiping out freight rates. Which brings...
Will New $2 Billion Icebreaker Fit Under Bridge?
Officials are "confident" Australia's new $2 billion icebreaker will fit under a Tasmanian bridge it needs to pass in order to refuel.
The...
Giant Capesize Ships To Ship Timber and Grain
Shipments of timber and grain are being loaded onto a class of ship normally reserved for other cargo.
This may be attributed to...
COVD-19 May Lead To Hearing Problems in Patients, Study Finds
A new study suggests a surprising number of coronavirus patients are suffering from issues with their hearing, reports Sky News.
Study: tinnitus, hearing loss and...
[FAQ] Understanding the Notion of Delivery Duty Unpaid in Shipping
In international commercial transactions, the terms Delivery Duty Paid (DDP) and Delivery Duty Unpaid (DDU) are used to indicate two different types of sales...
Hydrogen Fuel at LPG Stations To Nurture Hydrogen Ecosystem
The South Korean government will back infrastructure on hydrogen fuel supplying facilities and add hydrogen fuel at gas stations across the nation amid its...
Zim Recorded A Net Income of $524m
Israeli ocean carrier Zim has posted its first annual profit for three years – and the biggest in its 75-year history – recording a...
A New Breed of Smart Ship Systems With Simulation Capability & AI
As researchers deepen their understanding of autonomous and remote vessel operations, a new breed of smart ship systems combining simulation capability and artificial intelligence...
Spot Rate for North Europe Down from More Than $8,000
Container spot rates from Asia may have eased slightly from their record highs, post-Chinese new year, but rates for backhaul and secondary trades continue...
Evergreen Plans To Spend Up To $2.6bn On 20 Boxships
Taiwanese liner Evergreen has announced that it will order twenty 15,000 teu containerships as part of a major fleet expansion plan, says an article...
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