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August 22, 2024

Yang Ming declares general average after YM Mobility fire at Ningbo Port

International Shipping, Foreign Ports, Maritime, Trending News
NINGBO : On 9 August 2024, a fire occurred near the bow of the YM Mobility at the Port of Ningbo. In response, Yang Ming declared General Average on 18 August 2024, to protect
August 22, 2024

Sinolines introduces new North China-Philippines service

International Shipping, Shipping Line, Trending News
SHANGHAI : Sinotrans Container Lines (Sinolines) is launching a new service between north China and the Philippines The new brand North China – Philippines (NCP) service operate on three weeks rotation with three vessels
August 22, 2024

Oil tanker on fire and adrift in Red Sea after multiple attacks

Tanker, International Shipping, Maritime, Trending News
HUDAYDAH : A Greek-owned and flagged oil tanker is on fire and adrift in the Red Sea after a series of attacks, British and Greek authorities say. The oil tanker MV Sounion was first
August 22, 2024

Methanol Institute granted Consultative Status at International Maritime Organization

International Shipping, Maritime, Trending News
LONDON : The Methanol Institute (MI) has been granted consultative status by the International Maritime Organization (IMO). Consultative status is reserved for non-governmental, international organizations that have the capability to make a substantial contribution
August 22, 2024

Product tanker contracting hits 18-year high after 17% rise year on year

Tanker, International Shipping, Trending News
LONDON : “During the first seven months of this year, 194 product tankers larger than 10k deadweight tonnes (DWT) have been contracted with a combined capacity of 13.3m DWT. This is a 17% increase
August 21, 2024

Pralhad Joshi chairs the Project Offtake Agreement signing ceremony for export of green ammonia from India to Japan

EXPORT, International Shipping, Trade, Trending News
NEW DELHI : The Union Minister of New and Renewable Energy, Shri Pralhad Joshi, chaired the signing ceremony of the first-ever agreement for the export of Green Ammonia from India to Japan. The project
August 21, 2024

MSC restarts Far East-Australasia Service as rates head north

International Shipping, Shipping Line, Trending News
GENEVA : As Far East-Australia rates have been going up, Mediterranean Shipping Company willrelaunch the North Asia-ANZ Wallaby Service. The service connects Hong Kong, Yantian, Xiamen, Shanghai, Ningbo, Sydney, Melbourne,Auckland, Bluff, Lyttelton, Wellington, Napier, Tauranga, Melbourne,
August 21, 2024

ZIM reports improved revenues of $1.93 billion in Q2 2024

International Shipping, Shipping Line, Trending News
HAIFA : ZIM Integrated Shipping Services Ltd. (ZIM) has reported its consolidated results for the three and six months of the year. In the second quarter, net income was $373 million, compared to a
August 21, 2024

Wind-assisted ship propulsion nears tipping point for rapid adoption

International Shipping, Maritime, Technology, Trending News
LONDON : The application of wind-assisted propulsion systems (WAPS) across a variety of vessel types is nearing a tipping point with deployment likely to increase rapidly, but the lack of standardisation for verifying fuel
August 21, 2024

Crewless Ships – the Possibilities Take Shape

International Shipping, Logistics, Technology, Trending News
HAMBURG : Talk show moderator Christina Prieser, Associate Partner at HPC, delved deeply into the future world of water-borne logistics together with three experts: Ørnulf Jan Rødseth, General Manager, Norwegian Forum for Autonomous Ships
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