March 29, 2024
March 18, 2026
March 29, 2024
How shipping containers can make or break the global economy
LONDON : The shipping container is a logistics marvel that can affordably move thousands of items from hundreds of different companies all around the globe. If there is a slowdown in shipping-container circulation, there
March 29, 2024
Houthis could partner with Iran, Somali pirates on Indian Ocean attacks
LONDON : Yemen-based Houthi militants could keep the promise to extend their attacks to merchant ships in the Indian Ocean, potentially with drones and assisted by Iran and Somali pirates, security specialists said. Since
March 29, 2024
BIMCO adopts SHIPMAN 2024
LONDON : The updated version of SHIPMAN, BIMCO’s widely used ship management agreement, was adopted by the Documentary Committee at its meeting on 22 March in Hamburg after a two-year review process involving shipowners,
March 29, 2024
Baltic index slides for seventh straight sessions
LONDON : The Baltic Exchange’s main dry bulk sea freight index on Wednesday fell for the seventh consecutive session to its lowest levels in more than a month, hurt by declining rates across all
March 29, 2024
ClassNK grants Innovation Endorsements for Products & Solutions to two innovative initiatives by MOL
TOKYO : ClassNK has granted its Innovation Endorsements for Products & Solutions*1 to two initiatives by Mitsui O.S.K. Lines, Ltd. (MOL), “FOCUS” and “Sustainable Seafaring, Wellness Living”. “FOCUS” is an operational data analysis software system
March 29, 2024
International® Marine Coatings reveals Whitepaper for VLCC Vessels
SINGAPORE : International® Marine Coatings has published a new whitepaper which reveals the high degree of accuracy of its predictive Intertrac® Vision tool to real life vessel operations by correlating to the speed loss of a
March 29, 2024
Pacific Basin leads the largest adoption of graphene-based coating in the dry bulk segment
HONG KONG : In a proactive move towards energy efficiency and environmental sustainability, Pacific Basin, a leading dry bulk shipping company, has decided to apply a sustainable graphene-based propeller coating, XGIT-PROP, across its entire
March 28, 2024
Biden praises prompt action of Indian crew of ship which hit Baltimore bridge
WASHINGTON : US President Joe Biden hailed the prompt action of the 22-member Indian crew of the cargo ship that struck and demolished a key bridge in Baltimore for saving lives by alerting local authorities before
March 28, 2024