Drewry’s World Container Index up 4% last Week
LONDON : Drewry’s World Container Index increased 4% to $3,213 per 40ft container this week. Drewry’s detailed assessment for Thursday, 31 October 2024
Baltic Index logs Fifth Weekly Loss on Weaker Rates across all Vessel segments
LONDON : The Baltic Exchange’s dry bulk sea freight index fell on Friday and posted its fifth straight weekly loss, weighed by weaker rates across vessel types. The
Maersk reports strong results across all business segments
COPENHAGEN : A.P. Moller – Maersk (Maersk) continued its strong business performance in the third quarter. Maersk reported growth across its businesses and financial results significantly above those
Maersk sees no Suez Canal return until ‘well into 2025’ due to Red Sea threat
COPENHAGEN : A.P. Moller-Maersk, opens new tab expects strong demand for shipping goods around the world to continue in the coming months, but sees no return to sailing through
LR awards maritime industry’s first enhanced antifouling type approval to GIT Coatings
LONDON : Lloyd’s Register (LR) has awarded the maritime industry’s first Enhanced Antifouling Type Approval to GIT Coatings. The development of this new type of approval sets a new
European Space Agency launches the DECARDIS project with Awake.AI, ABB and Wallenius Marine to optim
PARIS : The European Space Agency (ESA) has initiated a new flagship project, Decarbonization through the Digitalization in Shipping (DECARDIS), together with optimization platform company Awake.AI, technology leader
PIL and SSES complete the inaugural LNG bunkering of PIL’s first LNG dual-fuel 14,000 TEU containe
SINGAPORE : Pacific International Lines (PIL) and bunkering supplier, Shanghai SIPG Energy Service (SSES), successfully completed the inaugural Liquefied Natural Gas (LNG) bunkering of PIL’s first LNG-powered container
Hapag-Lloyd drops Asia – Latin America Service from Feb next year
HAMBURG : The German line Hapag Lloyd will be closing the JCS Service as of the end of February 2025, as it opts to deploy its vessel on
ClassNK issues approval in principle (AiP) for new membrane-type LNG carrier without filling limits
TOKYO : ClassNK has issued an approval in principle (AiP) for a 30,000 m³ LNG carrier equipped with two Mark III Flex membrane tanks, developed by GTT. The
MacGregor launches Carbon Calculator to measure emissions reduction effect of Cargo Boost on contain
HELSINKI : MacGregor, part of Cargotec, has launched a new free of charge digital Carbon Calculator to help container shipping companies estimate the carbon dioxide emissions they can