Finalists announced for the TMS Awards 2024
DUBAI : The full list of finalists for the 11th annual The Maritime Standard Awards, to be held on Wednesday, 6th November 2024, at the Atlantis, The Palm,
Panama Maritime Authority, Evergreen, Shanghai Marine Diesel Engine Research Institute and ClassNK c
TOKYO : In late April this year, the OCCS system installed on Evergreen’s neopanamax container vessel (Flag: Panama, RO: ClassNK) successfully captured CO2 from its exhaust gas emissions. The
Container spot rates drop 43% in Q3, worst development in non-COVID year
LONDON : “The Shanghai Containerized Freight Index (SCFI) fell another 10% in week 39. In total, the SCFI has dropped 43% during the third quarter, the largest Q3
Metis joins RightShip’s Zero Harm Innovation Partners Program
ATHENS : Metis has joined the RightShip Zero Harm Innovation Partners Program. This partnership, which includes the broader ERMA FIRST group, aims to raise awareness of innovative solutions
Lloyd’s Register launches new benchmarking platform to drive Digital Maturity in maritime
LONDON : Lloyd’s Register (LR) announces the launch of its Digital Maturity Framework and Index, a pioneering tool designed to help companies assess and benchmark their digital maturity.
Struggle underway to unload ships, remove cargo from ports amid US East and Gulf Coast Port strike
NEW YORK : A crippling strike at US East and Gulf coast ports is just hours away, spurring a last-minute race to get as many containers off ships
Hammering down records : MSC moves 390-tonne cargo
GENEVA : MSC has successfully moved a 390-tonne hydraulic hammer from Rotterdam to Singapore. Measuring 25.7m long (4.55m wide and 4.82m high), this is the heaviest piece of
Baltic Index falls as rates decline across all vessels
LONDON : The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, dropped on Monday pressured by losses across all vessel
U.S. East Coast port strike set to start Tuesday, union says
NEW YORK : A port strike on the U.S. East Coast and Gulf of Mexico will go ahead starting on Tuesday, the International Longshoremen’s Association (ILA) union said
Freigt rates surge in FEU and TEU container market spreads key considerations for shippers
OSLO : Spiralling ocean container shipping freight rates dominate discussion in the wake of major events such as the Red Sea conflict – but beneath these easy-to-observe headline