August 5, 2024
May 10, 2026
August 5, 2024
NYK presents its Decarbonization strategy at International Forum
TOKYO : Nippon Yusen Kabushiki Kaisha (NYK) participated in International & Indonesia CCS Forum 2024 from July 31 to August 1, an event to promote international discussion and cooperation on carbon dioxide (CO2) capture
August 5, 2024
Baltic index snaps 10-session losing streak as capesize rates gain
LONDON : The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, snapped a 10-session losing streak on last Friday, supported by gains in capesize rates. The
August 5, 2024
Drewry: World Container Index Down 1% Last Week
LONDON : Drewry’s World Container Index decreased 1% to $5,736 per 40ft container last week. Detailed assessment for Thursday, 01 August 2024
August 3, 2024
Maersk ups profit target by $2bn on Red Sea shipping woes
COPENHAGEN : Danish shipping giant Maersk said Thursday it expects its underlying profit in 2024 to be $2 billion higher than its previous forecast as freight rates have increased amid the crisis in the
August 3, 2024
Maersk sees global trade disruptions lasting throughout 2024
COPENHAGEN : The global transport disruptions caused by the conflict in the Red Sea will last longer than expected and won’t be solved this year, according to AP Moller-Maersk, a bellwether for world trade.
August 3, 2024
TACCC conference examines Net Zero transition
DUBAI : Preparations for the second Transportation and Climate Change Conference (TACCC) to be held in Abu Dhabi, at the Saadiyat Rotana Resort on Thursday September 26th, are gathering momentum. An exciting conference programme
August 3, 2024
ClassNK issues world’s first approval in principle (AiP) for LNG carrier installed with Wind-Assisted Propulsion System
TOKYO : ClassNK has issued an Approval in Principle (AiP) for the membrane-type LNG carrier installed with the ‘Wind Challenger’, a hard sail wind propulsion system. The ship is jointly developed by Mitsui O.S.K.
August 3, 2024
UK Chamber joins forces on a long-term plan to decarbonise shipping
LONDON : The UK Chamber of Shipping and seven other maritime trade bodies have written to maritime minister Mike Kane to call for a successor to the Clean Maritime Plan to be an early
August 3, 2024