Tag: record
Electric vessel maker Candela closes record funding round of €24.5M
Candela, the leading maker of sustainable, electric hydrofoil vessels, today announced it has closed the largest funding round in the company’s history, to expand production of its game-changing P-12 ferry. A key partner in the 24.5 million EUR round is Groupe Beneteau — the largest global boat maker. Globally, waterborne transport emits 3% of global…
Record Attendance Highlights ABS Leadership in China
Transformational Technologies and the Evolving Regulatory Landscape Headline ABS Greater China National Committee (CHENGDU) More than 75 chief executives of Chinese shipping and shipbuilding companies attended the annual ABS Greater China National Committee to learn more about the future of maritime technologies, sustainability services, market trends and regulations. ABS is…
Electronic environmental record books by Opsealog receive Type Approval Certification from Bureau Veritas
Type Approval to facilitate deployment of Streamlog Garbage and Oil Record Books as cloud-based solutions to ease MARPOL reporting and support environmental compliance. Marseille, France – 5 September 2023 – French digitalization expert Opsealog has been awarded type approval from Bureau Veritas (BV), a world leader in testing, inspection and certification, for its cloud-based Streamlog…
BIMCO Shipping Number of The Week – Record high ship deliveries boost container fleet capacity by 4.3%
In this week’s “Shipping Number of the Week” from BIMCO, Chief Shipping Analyst, Niels Rasmussen, looks at deliveries of new container ships reaching a new record high during the first seven months of the year. The increase in fleet capacity comes at a time when current trade growth in many key regions is declining and…
Long-term ocean freight rates hit two-year low just as record new levels of ships enter the market and overcapacity adds further pressure
Global long-term shipping rates sank to a two-year low in July, with the latest data from Xeneta’s Shipping Index (XSI®) showing a fall of 9.5% since June, adding to a deep collapse that started last year. Long-term valid contract rates have now lost 57.8% of their value since the same period in 2022. Xeneta’s real-time…
