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 Container Ship”. As the global maritime
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 said on Sunday. To address these
Shipping costs could double as more liners begin complying with regulations to reduce emissions
OSLO : Shipowners and operators face sharply increased costs as they gear up to comply with a slew of new decarbonisation regulations coming on stream over the next few years. The need to develop,
Container lines fight for yard slots
SIINGAPORE : The lead time for ordering newbuildings has become so long that container carriers are being forced into ordering “now” so that they can remain competitive into the future, according to one senior
TT Club highlights continuing efforts to prevent container losses overboard
LONDON : Understanding the circumstances that lead to stack collapse and losses overboard incidents is of course vital in mitigating the risk. TT applauds the World Shipping Council initiative to publish the details of
DP World Cochin sustains strong momentum with 73,636 TEUs handled in July 2024
KOCHI : DP World, a leading global provider of smart end-to-end supply chain solutions, on Monday announced that its International Container Transshipment Terminal (ICTT) at Cochin delivered a record-breaking performance by handling over 72,000
Even Suez Canal restart is No Silver Bullet for Container Shipping Turbulence, warns Lars Jensen
COPENHAGEN : Shippers should anticipate continued volatility in container shipping freight markets through 2025, with even the re-start of operations through the Suez Canal not guaranteeing immediate respite from disruptions and soaring freight rates,
Veer selects Fosen Shipyard for wind power and Hydrogen Container Vessels
ATLANTA : Veer is one step closer to achieving breakthrough momentum for deploying the first clean container ship to cross an ocean: Veer has signed a Letter of Intent (LOI) with the selected shipyard,