Maersk and Hapag-Lloyd shift more services to Red Sea despite Houthi advance
Four services from Asia moved from Cape of Good Hope routes
Maersk and Hapag-Lloyd shift more services to Red Sea despite Houthi advance Read More »
Over 100 ships now hit or seized in Middle East war after violent week
Only the first week of conflict saw as many ships damaged or destroyed
Over 100 ships now hit or seized in Middle East war after violent week Read More »
Oil Prices Jump to 16-Week High After Saudi Energy Attacks
Oil prices jumped over 4% to a 16-week high on Monday after new strikes on Saudi Arabian energy infrastructure and attacks on ships in the Middle East compounded energy supply concerns.Brent futures rose $4.68, or 4.5%, to $109.29 per barrel at 10:15 a…
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LR and Partners Develop Hybrid Electric LNG Carrier Design
Lloyd’s Register (LR) has joined forces with HD Korea Shipbuilding & Offshore Engineering (KSOE) and HD Hyundai Heavy Industries (HHI) to develop a new generation of LNG carrier designs using hybrid electric propulsion.The partners signed an…
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DNV, HD KSOE to Explore Software Defined Vessel Technologies
DNV and HD Korea Shipbuilding & Offshore Engineering (HD KSOE) have signed a Memorandum of Understanding (MOU) to explore strategic collaboration on Software Defined Vessel (SDV) technologies and associated verification and assurance frameworks.
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