Digital maritime market worth $159 billion
The global maritime digital products and services market in 2021 is worth $159 billion – 18% ahead of pre-pandemic forecasts, according to a new report.
Challenges at Chinese Ports are Increasingly Impacting Global Shipping
While much of the focus has been on the challenges shippers and carriers face getting imports offloaded at their destination ports and delivered, there are also growing backlogs at Chinese factories and ports.
Code of Conduct Developed to Increase Focus on Crew Welfare Issues
With the increasing focus on the welfare and mental health issuers for the world’s two million seafarers along with the increasingly difficult work environments, a new initiative is launching to provide a uniform code of conduct and assessment tool for ship owners, operators, and charters.
Russia Launches Research Ship with Unmanned Navigation Capabilities
Russia recently launched its first ship equipped with unmanned navigation capabilities.
Port of Rotterdam implements Smart Mooring Solution
The Port of Rotterdam has worked with Royal HaskoningDHV to implement a Smart Mooring solution at the port.
Container lines profit forecast at ‘eye-watering’ $150bn for 2021
As supply chain disruption continues consultants Drewry are now forecasting container shipping lines will make an “eye-watering” profit $150bn in 2021, with more to come in 2022.
P&O Maritime Tests Wearable Device to Monitor Mariners' Fatigue
OSV operator P&O Maritime Logistics is taking a personnel-monitoring technology developed for truckers and heavy equipment operators to the sea.
Port of Antwerp trials drones to enhance security
The Port of Antwerp has partnered with Aerospace company Sabca to conduct field trials of a fixed-wing drone fitted with cameras to assess the technology’s potential in providing real-time on-site security imaging.
Redesigned Propeller Blades Increase Fuel Efficiency up to 22%
a Swedish propeller manufacturer, Berg Propulsion, says that it is achieving strong results through the redesign of propulsion on existing ships.
Crew Vaccinations and Change Statistics Continue Positive Trends
The challenges facing seafarers that have dominated the headlines for the past 18 months are continuing to stabilize and show slight signs of improvement according to the latest monthly update on the Neptune Declaration Crew Change Indicator.
Seafarer Welfare in Focus on World Maritime Day
The International Maritime Organization (IMO) is calling on the shipping industry to prioritize the welfare of seafarers, who are at the core of the industry's future.
first major international project financing in the Iraqi ports sector
The first major international project financing in the Iraqi ports sector is underway.
EU and OPEC Cite LNG as Critical Marine Fuel
commissioners from the European Union publicly stated that they recognize the importance of LNG in helping the shipping industry achieve Europe’s goals for decarbonization.
Autonomous Vessels are Becoming a Commercial Reality
The Autonomous Ship Technology Symposium 2021 conference brought together the largest public and private entities in maritime autonomy.
Top Global Firms Call for Zero Emissions Shipping by 2050
More than 150 leading companies and organizations including oil majors and port authorities on Wednesday called for the global shipping industry to be fully decarbonized by 2050
Thailand Plans for National Shipping Line to Support Economic Growth
The government of Thailand confirmed that it plans to move forward with efforts to re-establish a national shipping company to help grow the struggling country’s economy.
Transatlantic Container Shipping Spot Rates Jump 210%
For almost three months now, the spot freight rate for containerized goods shipped by sea from North Europe to the U.S. East Coast has been 210% higher than last year
BV Approves Design for World's Largest Gas Carrier
Classification society Bureau Veritas said it has issued novel design approval for what will be the world’s largest very large gas carriers (VLGC).
Port stay duration increases 11% globally
The median time spent by container vessels in port began to grow sharply in the second half of 2020, continuing into the first half of 2021.
Fuel Comparisons Must Consider Energy Density
Steve Esau, general manager, SEA-LNG explains why fuel assessments can be distorted if energy density is overlooked
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