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November 29, 2024

COSCO Shipping inks new green methanol production MoU with Freepoint Commodities

Maritime, Shipping Line, Trending News
SHANGHAI : COSCO SHIPPING, CP Group Co., Ltd., and Freepoint Commodities collectively inked a memorandum of understanding (MoU) recently on the production of green methanol. This partnership aims to capitalize on each party’s strengths,
November 29, 2024

NYK disseminates its Decarbonization Initiatives at COP29 highlighting issues facing the international shipping industry

International Shipping, Maritime, Shipping Line, Trending News
TOKYO : NYK Group management discussed international shipping and the Group’s specific initiatives to address climate change in discussions at various events during the 29th Conference of the Parties to the United Nations Framework
November 29, 2024

ClassNK launches new E-Learning courses for maritime cyber security

International Shipping, Education, Maritime, Shipping Line, Trending News
TOKYO : ClassNK has introduced new E-Learning courses in its training and education service, ‘ClassNK Academy’, focusing on maritime cyber security topics. As ships become ‘smarter’ and the further development of the maritime industry
November 28, 2024

MSC Standalone East/West Network Service Update – November 2024

International Shipping, Shipping Line, Trending News
GENEVA : MSC delighted to announce that their standalone East/West network services will be enhanced with additional port calls to optimize the Asia to Europe, US and Canada connectivity. This latest update is part
November 28, 2024

PSA Singapore and Evergreen Marine establish joint venture for container terminal operations in Singapore

International Shipping, Container Terminal, Foreign Ports, Maritime, Shipping Line, Trade, Trending News
SINGAPORE : PSA Singapore (PSA) and Evergreen Marine Corporation (EMC) have established a joint venture in Singapore, aiming to enhance operational excellence and achieve greater synergies in container operations. The joint venture terminal is
November 28, 2024

Steering the Global Shipping Industry toward 2030 Zero-Emission Goals

International Shipping, Maritime, Shipping Line, Trade, Trending News
By Mr. Bhavesh Thakkar, CEO, RASPN Shipping Services Private Limited The global shipping industry is at a crossroads, tasked with a pressing challenge: transitioning to zero-emission fuels by 2030. While the International Maritime Organization
November 28, 2024

FuelEU Maritime fully integrated in BSM’s emission management services

Fuel, International Shipping, Maritime, Shipmanagement, Shipping Line, Trade, Trending News
HAMBURG : The countdown for the new FuelEU Maritime regulation is on. It will come into force from 2025. Bernhard Schulte Shipmanagement (BSM) has developed comprehensive FuelEU Maritime measures and digital tools, integrated in
November 28, 2024

Strategic Marine increases presence in Korea’s offshore wind industry with Yeosu Ocean’s contract for new Stratcat 27

International Shipping, Global Trade, Maritime, Ship Building, Shipping Line, Trending News
SINGAPORE : Following Strategic Marine’s successful entry into Korea’s offshore windfarm market earlier this year, the Singapore headquartered shipbuilder has signed a new contract with Yeosu Ocean Co., Ltd. for the construction of a
November 28, 2024

Panama sets record in newbuilding ship registration

Maritime, International Shipping, Ship Building, Shipping Line, Shipyards, Trade, Trending News
PANAMA CITY : Panama has reached a historic milestone, registering 358 newly built ships to date, representing over 8.5 million Gross Tonnage (GT). This achievement reaffirms Panama’s status as the world leader in ship
November 28, 2024

Baltic index slips to near three-week low as larger vessel rates dip

International Shipping, Dry Bulk Shipping, Shipping Line, Trade, Trending News
LONDON : The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell to a near three-week low on Wednesday, pulled down by weaker capesize and panamax
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