QatarEnergy eyes orders for giant LNG carriers
DOHA : State-owned LNG giant QatarEnergy is planning a major order of Q-Max LNG carriers at yards in South Korea and China, according to shipbuilding sources. Sources told
Arctic Northern Sea Route freight expected to achieve 80 million tons in 2024
MOSCOW : Aleksey Chekunkov, the Russian Minister for the Development of the Far East and the Arctic, has stated that despite sanctions affecting shipbuilding projects, the Northern Sea
MSC Welcomes the eBL Declaration by the Future International Trade (FIT) Alliance
GENEVA : The eBL Declaration represents another major milestone in the industry’s ongoing journey to further raise awareness and accelerate the adoption of a standards-based ‘universal’ eBL by
DP World introduces new vertical quay in Port of Novi Sad
SERBIA : DP World has built a new vertical quay at Serbia’s Port of Novi Sad with the goal of making the Danube River’s first green port.The 184-metre
Nikolaus H. Schües elected BIMCO President
LONDON : BIMCO, the world’s largest shipping association, has elected Nikolaus H. Schües, CEO and owner of Reederei F. Laeisz, as President at the organisation’s general meeting in Hong Kong on
ExxonMobil signs marine biofuel agreement with Hapag-Lloyd
TEXAS : ExxonMobil signed an agreement with Hapag-Lloyd in order to supply the German ocean carrier with B30 marine biofuel oil in the Amsterdam-Rotterdam-Antwerp (ARA) region. The marine
Charter Parties Holding Back Industry Decarbonization Efforts : White Paper Launched by Nautilus Lab
NEW YORK : Nautilus Labs, the technology partner pioneering the decarbonization of the ocean supply chain, and BIMCO, the world’s largest international shipping association, released a white paper
ZIM reports 769,000 TEUs in the first quarter of 2023
HAIFA : ZIM Integrated Shipping Services, a worldwide container liner shipping firm, has released its consolidated results for the three months ending 31 March 2023. Carried volume in
Global production of shipping containers piles up at major ports because of lack of demand for goods
LONDON : Global production of shipping containers has fallen significantly as demand for goods sank following the easing of pandemic restrictions, leaving the corrugated steel boxes piled up
World Shipping Council report: Reduction in containers lost at sea in 2022
WASHINGTON D.C. : In 2022, 661 containers were lost overboard, according to the annual report of World Shipping Council (WSC). This number represents less than one-thousandth of 1%
