Strong Dry Bulk market fuels 42% drop in ship recycling
LONDON : “Between January and August 2024, the number of recycled ships has dropped 42% y/y, the second lowest level in 16 years. The market has seen high
ClassNK issues Approval in Principle (AiP) for large liquefied CO2 carriers of 50,000 m³ and 23,000
TOKYO : ClassNK has issued an Approval in Principle (AiP) for a design concept of large liquefied CO2 carriers of 50,000 m³ and 23,000 m³ jointly developed by
LR awards Approval in Principle to Seaspan Corporation for a next generation feeder with ammonia-pow
LONDON : Lloyd’s Register (LR) has awarded Approval in Principle (AiP) to Seaspan Corporation for its innovative dual-fuel ammonia-powered next generation feeder ship design. The 3,100 TEU nominal
KR Grants Approval in Principle to Samsung Heavy Industries for 9,300 TEU Ammonia-Fueled Container S
HOUSTON : At GASTECH 2024, KR (Korean Register) announced that it has awarded an Approval in Principle (AiP) to Samsung Heavy Industries (SHI) for their “9,300 TEU Ammonia-Fueled
ClassNK grants Innovation Endorsement for Products & Solutions to ‘V-MO’ developed by Asahi
TOKYO : ClassNK has granted its Innovation Endorsement for Products & Solutions to monitoring service for ocean vessel motors, ‘V-MO’ developed by Asahi Kasei Engineering Corporation. ClassNK has
Maersk and Hapag-Lloyd to deploy up to 340 vessels in new Gemini Cooperation
COPENHAGEN : The cooperation comprises a fleet of around 300 to 340 vessels among which Maersk is to deploy 60% of them, while Hapag-Lloyd would deploy the remaining
Port of Klaipėda begins A New Era of Sustainable Shipping: The First Green Shipping Route launched
KLAIPEDA : The Port of Klaipėda is one of the most advanced and active European seaports in environmental protection. This is evidenced by the decision of Singapore‘s shipping
Freight Costs, Container shortages threaten India’s exports: GTRI
NEW DELHI : Increasing freight costs, shortage of containers and dependence on major shipping hubs and foreign carriers pose serious challenges to the country’s exports, think tank GTRI
CMA CGM applies PSS from Indian Subcontinent, Middle East Gulf, Red Sea, Egypt to USEC and US Gulf
MARSEILLE : CMA CGM recently announced the implementation of a new Peak Season Surcharge (PSS05) set to take effect on 15 October 2024. This surcharge will apply to
Cargo Integrity Group reminds of the need for accurate and reliable emergency contact information
LONDON : The Cargo Integrity Group is issuing an urgent reminder of the need for an emergency contact telephone number to be provided for shipments of dangerous goods,