Volume of ship orders at highest levels seen since 2014
SINGAPORE : Ship orders in the year to date are at the highest volumes seen since 2014 despite many owners having severe reservations about future propulsion methods. A total of 526 orders of 46.4m
World’s first hydrogen cargo vessel set for Paris debut
PARIS : The European innovation project Flagships will deploy the world’s first commercial cargo transport vessel operating on hydrogen later this year, plying the river Seine in Paris, gliding passed the Eiffel Tower. The
Shipping sector will recover fast; container freight rates may rise: Allcargo Logistics
The Suez Canal blockage has finally been cleared with the massive container ship, Ever Given being refloated. The blockage resulted in over 200 ships being stalled or redirected. Many experts feel that the repercussions
Ocean Network Express launches ‘ONE QUOTE’
Ocean Network Express (“ONE”) has launched a digital quotation platform “ONE QUOTE”, which is now available within ONE’s eCommerce website. Through “ONE QUOTE”, customers can receive an instant quotation and place bookings anytime, anywhere.
Shipping stocks are suddenly revving up across the board
Tanker spot rates are horrible. Rates for gas carriers have fallen off a cliff. Only container shipping is booming. But you wouldn’t know that by looking at ocean shipping stocks. Across every shipping sector,
NYK Subsidiary Begins Wind Power Generation at Finished-Vehicle Logistics Terminal in Belgium
Toward the realization of an eco-friendly green terminal 11 wind turbines started operation on the grounds of a finished-vehicle logistics terminal owned and operated by International Car Operators N.V. (ICO),* a wholly owned NYK
