August 10, 2021
April 1, 2026
August 10, 2021
K-Line installs carbon capture plant
A joint project, dubbed CC-Ocean (Carbon capture on the ocean), between major shipping players has seen the development and installation of the world’s first carbon dioxide (CO2) capture plant onboard a vessel. The plant
August 10, 2021
European Union approves decarbonisation projects
The European Union (EU) has given the green light for a US$138.86 (€118) million investment from the Innovation Fund to be allocated across 32 small projects, including a bio-LNG plant to produce marine fuel
August 10, 2021
Reefer container freight rates to outgun dry cargo rates in 2022
LONDON : Reefer container freight rates have risen sharply through 2021, but in contrast to dry cargo rates, are forecast to rise further in 2022, driven by catch up on North-South routes, according to
August 10, 2021
UAE launches initiative to protect seafarers’ rights and welfare
DUBAI : The initiative to improve the quality of life of seafarers in the UAE follows a recent Resolution on marine wrecks and non-compliant ships passed the Council of Ministers designed to put a
August 10, 2021
Decarbonisation and shipping: ship recycling – a changing landscape
As the drive to decarbonise shipping gains increasing momentum, and as incentives and pressure on shipowners to operate more efficient and greener ships mounts, a related spike in early retirement of ships difficult to
August 9, 2021
PM to chair UNSC High-Level Open Debate on “Enhancing Maritime Security: A Case For International Cooperation”
NEW DELHI : Prime Minister Shri Narendra Modi will chair the High-level Open Debate on ‘Enhancing Maritime Security – A Case for International Cooperation’ on today, 9th August at 5.30 PM IST via video
August 9, 2021
Addressing container shortage, high shipping freights to help exports hit USD 400 bn this fiscal’
NEW DELHI : Addressing acute shortage of containers, controlling high shipping freights and ensuring timely refund of pending dues are crucial to take the country’s overall exports to USD 400 billion by the end
August 9, 2021
Freight Rates continue to rocket with no end in sight to container crisis
SINGAPORE : Container freight rates continue to break records, with new data showing a further massive spike on the key Asia to Europe and Asia to US routes. Chemical companies have been struggling with
August 9, 2021