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News
Shipping Markets: Summer Was a Mixed Bag
The shipping market had a mixed performance over the summer period. In its latest weekly report, shipbroker Xclusiv Shipbrokers said…
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News
Higher freight rates despite the increase in the volume of ballast ships as demand gradually rises
As September began, freight rates continued to remain firm, as recorded at the end of the summer season. However, the…
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Decarbonization
Actionable data is key to reducing shipping’s carbon footprint
Maritime’s voyage to decarbonisation is underway, with shipping companies exploring technologies that harness wind, waves and even air bubbles to…
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Decarbonization
Maersk Finalizes ECO Delivery Deal with Amazon
A.P. Moller – Maersk (Maersk) and Amazon have finalized a 2023-2024 agreement for the transport of 20,000 FFE containers using…
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Decarbonization
ClassNK and FUKUI to collaborate toward installation of safety relief valve for cargo tank of liquefied hydrogen carrier on actual ships
Fukui Seisakusho Co., Ltd. (FUKUI) and ClassNK have signed a Memorandum of Understanding concerning a joint study on a safety…
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Decarbonization
DNV awards AiP and AOSS for Hanwha Ocean’s LCO2 carrier and noise measurement
At Gastech 2023, DNV awarded Hanwha Ocean an Approval in Principle (AiP) and an Approval of Service Suppliers (AOSS) for…
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Decarbonization
Kumiai Navigation to retrofit LPG tanker with Alfa Laval OceanGlide fluidic air lubrication system
Alfa Laval OceanGlide has been selected by Kumiai Navigation (PTE) LTD to be installed on one of its LPG tankers…
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News
ABS Approves Jiangnan Shipyard’s BrilliancE II Liquefied Gas Containment System for VLEC
Modern Design Builds on Groundbreaking Type B Tank Technology (SINGAPORE) ABS has awarded Jiangnan…
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Decarbonization
ABS Signs MOU with Korea Hydrogen Industry Association and the University of Ulsan to Develop Cutting-Edge Hydrogen-Fueled Vessel
ABS signed a memorandum of understanding (MoU) with the Korea Hydrogen Industry Association (KHIA) and the University of Ulsan, Foundation…
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News
ABS Awards AIP for Bumi Armada’s Pioneering Carbon Storage and Injection Vessel
(SINGAPORE) ABS has awarded Approval in Principle (AIP) for Bumi Armada’s pioneering design for a…
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