Shipping Industry
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Container
ABS Approves South Korean 16,000 TEU Electric-Powered Boxship Design
ABS has officially approved a pioneering concept for a 16,000 TEU electric-powered container ship, developed by HD Korea Shipbuilding &…
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Container
Shipping Association Strongly Opposes POSCO’s HMM Acquisition
The Korea Shipowners’ Association has raised serious alarms over POSCO Group’s plans to acquire HMM, a major player in the…
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Shipbuilding
Shipping’s fuel transition hits a supply-side reality check
According to the latest Maritime Forecast report from DNV, the number of alternative-fuel ships on order is nearly equal to…
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Shipbuilding
Lepta Shipping books more LPG newbuilds in China
In a significant move to bolster its fleet, Japan’s Lepta Shipping has contracted two midsize LPG carriers from Yangzijiang Shipbuilding.…
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Shipbuilding
Safety, shipping and capital markets
Recent findings from Allianz’s annual safety and maritime review for 2024 reveal a significant decline in total losses within the…
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Shipbuilding
Japan unveils world’s first commercial ammonia-powered ship engine
Japan Engine Corporation (J-ENG) has made a significant breakthrough in the shipping industry by successfully testing the world’s first full-scale…
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Shipbuilding
Shipping Industry Faces Turbulent Waters Ahead
The global shipping industry is grappling with significant challenges as freight volumes and earnings decline. Eli Glickman, CEO of ZIM,…
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Shipbuilding
COSCO celebrates landmark green ammonia bunkering operation
In a groundbreaking development for the shipping industry, Sinobunker, a subsidiary of COSCO, has successfully conducted the world’s first green…
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Shipbuilding
Excess, unidentified baggage in containers is breaking the back of shipowners
Recent insights from Captains Naveen Singhal and M.M. Saggi highlight the growing issue of misdeclared cargoes in the shipping industry.…
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Bulk Carrier
Great Lakes Mapping Initiative Gains Momentum
A new initiative aimed at mapping the bottom of the Great Lakes is receiving increased support, driven by its potential…
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