In its efforts to accelerate its position in new technologies and maintain its competitive positioning, the parent company of South Korea’s largest shipbuilder, Hyundai Heavy Industries Holdings Co., announced that it will be working with Korea’s sovereign wealth fund to target investments and acquisitions of developing technology companies. The focus will both be on adding […]
Japan’s Mitsui O.S.K. Lines is expanding the use of a microplastic collection device that it has been testing aboard its bulk carriers. The unique device, which works with the ballast water treatment system, is designed to leverage the merchant fleet to accelerate ocean environmental conservation efforts. MOL reports that the device will be installed on […]
The busy Suez Canal shipping lane in Egypt is experiencing a snarl up of vessel traffic after a large container ship ran aground on Tuesday. The vessel, Evergreen’s Ever Given, ran aground and became lodged sideways across the waterway, blocking the path of dozens of other vessels. Reports indicate that as many as 100 ships were trapped […]
The world is changing for shipping. Cargo markets are evolving as global trading patterns are shifting. The crew change crisis is ongoing – although the Neptune Declaration, which Bureau Veritas has proudly signed, indicates a serious resolve to address the issue. Technological innovation is disrupting established working practices, both onboard and ashore but presenting massive […]
SEKO Logistics has joined the Sustainable Air Freight Alliance (SAFA) to accelerate its global decarbonisation program and help clients achieve their own sustainability goals. The Sustainable Air Freight Alliance (SAFA) is a buyer-supplier collaboration between shippers, freight forwarders and airlines to track and reduce carbon dioxide emissions from air freight and promote responsible freight transport. […]
Antonov Airlines has safely moved 370 tonnes of new machinery parts on three AN-124 flights to a mine in Brazil from Australia in time to keep work at the plant going. Antonov’s load planning engineers designed tailored frames to carry two of the pieces of equipment. The cargo was loaded and unloaded using Antonov’s in-house […]
Peli BioThermal announced expanded dry ice shipper options to support exponential growth in cell and gene therapy shipments worldwide, as well as continued need to transport pandemic payloads. Available parcel sizes range from 1.1 litres to 179 litres and cover temperature ranges of -65 °C to -20°C. “Cell and gene therapies are highly individualised and patient-centric, […]
Daewoo Shipbuilding & Marine Engineering (DSME) received an Approval in Principle (AiP) from leading classification society DNV for the DSME Rotor Sail System, an eco-friendly ship technology applicable to large oil tankers and LNG carriers. The virtual AiP award ceremony was held recently, with Hwa-Lyong Lee, DNV Business Development Manager, and Dong-Kyu Choi, Head of […]
Moving ships across oceans involves interplay among numerous parties – from owners and charterers to ship managers, cargo handlers, suppliers and ports – often of different nationalities. There’s a multiplicity of contracts as well. Added to the mix is the fact that the 2020 pandemic caused unprecedented disruptions in ship operations and a greater incidence […]
HMM is pleased to announce that HMM Nuri, the first of eight 16,000 TEU-class newbuild containerships, starts its first voyage from the port of Busan in Korea. HMM’s 16,000 TEU container vessels have been built at the Ulsan shipyard of Hyundai Heavy Industries (HHI) and are scheduled to be delivered from this March throughout the […]
At a NATO ministerial summit in Brussels on Tuesday, U.S. Secretary of State Antony Blinken made clear that sanctions are on the table as a mechanism for addressing European participation in the nearly-complete Nord Stream 2 natural gas pipeline. “We’ve had a number of conversations [with the German government] already, and I know we’ll have […]
On March 12, the “CENTURY HIGHWAY GREEN”, a car carrier fuelled by LNG (liquefied natural gas) that had been under construction at Tadotsu Shipyard Co., Ltd., part of the Imabari Shipbuilding Group, was delivered to “K” LINE. She is a next-generation environmentally friendly vessel expected to reduce emissions of carbon dioxide (CO2), which is a […]