August 5, 2024
April 4, 2026
August 5, 2024
Wan Hai Lines celebrates naming of two boxships
TAIPEI : Wan Hai Lines held a ship naming ceremony for WAN HAI 375 and WAN HAI 377, along with a charity donation event, on 1 August at the Japan Marine United Corporation TSU
August 5, 2024
MOL obtains AiP for “LNG Carrier Installing Wind Challenger”- The World’s First Approval for an LNG Carrier
TOKYO : Mitsui O.S.K. Lines, Ltd. has been awarded an approval in principle (AiP) by Nippon Kaiji Kyokai (ClassNK) for the design of a membrane LNG Carrier installing Wind Challenger. This innovative design has
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
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 2, 2024