Panama Maritime Authority approves Indian Register of Shipping (IRClass) to conduct remote surveys
MUMBAI : Leading flag administration, Panama Maritime Authority has authorised Indian Register of Shipping (IRClass), an international ship classification society, to conduct specific surveys through remote inspection techniques. As the maritime world continues to
MSC Set to Overtake Maersk as the World’s Largest Container Line
FRANCE : Taking into account MSC’s new orders, as well as the company’s active involvement in the secondhand tonnage market, it can be said that it is all set to overtake Maersk on a
Ever Given still ‘stranded’ in Suez waters amid legal fracas
Although freed inside the Suez Canal, the megaship Ever Given and its cargo remain impounded in Egypt as its insurers dispute the bill for last month’s shipping logjam. EGYPT : The Suez Canal Authority
Ship Operators Move Toward LNG to Pare Emissions
Natural gas-powered vessels are becoming more popular as a halfway measure as a search continues for non-carbon-based fuels SHANGHAI : CMA CGM’s first LNG-powered container ship at its launch in Shanghai in 2019. Though
Evergreen Mulls Moving Cargo From Seized Ever Given From Suez Canal
TAIWAN : Evergreen mulls moving cargo from seized Ever Given from Suez CanalTAIWAN’s Evergreen Marine Corp is considering removing containers from its 20,124-TEU Ever Given after an Egyptian court seized the ship pending compensation
Higher Vessel Rates Lift Baltic Index To 1-1/2-Yr Peak
LONDON : The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, rose to 1-1/2-year peak on Monday as demand improved across vessel segments. The Baltic dry index,
MOL Designated as ‘Digital Transformation Certified Business Operator’
TOKYO : Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Takeshi Hashimoto) today announced that it was selected as a “Digital Transformation (DX) certified business operator” based on the “DX Certification” established by Japan’s
Ocean Network Express (ONE) has announced Green Strategy Department
TOKYO : Ocean Network Express (ONE) has announced the launch of a new Green Strategy Department under its Product and Network division.The new department is staffed with employees who are specialists in the relevant