The BIMCO Container Shipping Market Overview & Outlook for March 2024 has been published, and Niels Rasmussen, BIMCO’s Chief Shipping Analyst, highlights that ship supply is expected to grow on average 9.1% in 2024 and 4.1% in 2025.Rerouting…
Red Sea Attacks Temporarily Increase Demand for Ships Read More »
Sustainable shipping fuels could reach cost parity with fossil fuels as early as 2035 with the help of decisive emissions policy such as carbon taxes and emissions limits, according to a new report launched by Wärtsilä.The report, titled ‘Sustainable……
Report: Sustainable Shipping Fuels Can Reach Cost Parity by 2035 Read More »
Technical director Claudene Sharp-Patel explains the importance of highlighting women’s achievements in the industry
Bollinger Shipyards announced it has laid the keel for the future USNS Muscogee Creek Nation at its yard in Houma, La.The vessel is the 10th Navajo-class Towing, Salvage and Rescue Ship (T-ATS) and the fifth T-ATS vessel being constructed by…
Bollinger Lays Keel for USNS Muscogee Creek Nation Read More »
Incidents and Houthi attacks in the Red Sea remain a steady constant, despite international efforts to mitigate the crisis. This, in turn, is having a major impact in the shipping market. In its latest weekly report, shipbroker Xclusiv said that “repor…
Red Sea Crisis in Full Swing Despite Months of Turbulence Read More »