News

Navigating the Choppy Waters: Hapag-Lloyd Bids Farewell to its HMM Acquisition Dream

Economy, News /

Progressing through the intense battleground of corporate bidding, Hapag-Lloyd, an esteemed name in shipping, has found itself left out of the running for the South Korean flagship carrier, HMM. A pool of sources within South Korea circulates the news that the homegrown creditors—Korea Development Bank (KDB) and Korea Ocean Business Co (KOBC)— have penned their […]

Navigating the Choppy Waters: Hapag-Lloyd Bids Farewell to its HMM Acquisition Dream Read More »

Shakira Ascends to the Ranks of The Beatles and Beyoncé: A Vanguard Triumph at MTV VMAs

Energy, News /

Honoring a Pop Icon To sparkle amongst the galaxy of stars, one must certainly exemplify unique talents and relentless dedication. With her compelling voice and hypnotic dance moves, Shakira does more than just shine; she blazes with a brilliance few can match. The upcoming MTV Video Music Awards (VMAs) is set to celebrate the ‘She

Shakira Ascends to the Ranks of The Beatles and Beyoncé: A Vanguard Triumph at MTV VMAs Read More »

Unmasking Pentagon’s Defense Strategy: Countering China’s Mighty Forces with Innovative Autonomy 

News, Technology /

The Pentagon’s Replicator Initiative To challenge China’s colossal investments in military hardware, the Pentagon has unveiled the Replicator Initiative – a revolution in military operations focusing on smaller, autonomous systems. The reinvention not only tends to counter China’s sheer mass of military power with scale and speed but also leverages the superior U.S. capabilities in

Unmasking Pentagon’s Defense Strategy: Countering China’s Mighty Forces with Innovative Autonomy  Read More »

Awaiting Idalia’s Impact: Uncertainty in Oil Trading as Hurricane Approaches 

Energy, News /

The hubbub of oil trading on Tuesday was marked by anxious anticipation, restyling itself almost verbatim from Monday’s theatrics. As Hurricane Idalia readies to kiss the shores of the U.S. Gulf Coast on Wednesday, all glimpses are transfixed on the storm’s potential aftermath. Shored up also by a dip in the U.S. dollar, Brent ended

Awaiting Idalia’s Impact: Uncertainty in Oil Trading as Hurricane Approaches  Read More »

Black Sea Memorandum and Vina Del Mar Aim for Safer Seas 

News, Policy /

Member authorities from notable bodies, the Black Sea Memorandum on Port State Control and the Acuerdo Vina Del Mar 1992 are collaborating to launch a Concerted Inspection Campaign (CIC). The campaign’s primary motive is to ramp up the comprehension of fire safety among shipowners and their teams. It further intends to ensure strict adherence to

Black Sea Memorandum and Vina Del Mar Aim for Safer Seas  Read More »

Reinventing Maritime Transportation: The Pioneering Lake Vanern Max of Erik Thun Group

News, Technology /

Sweden’s Next Frontier in Shipping Erik Thun Group from Sweden has pulled back the curtain on what could be the future of maritime transport: their battery hybrid, dry cargo vessel series – the Lake Vanern Max. The advanced ships are being crafted at the reputable Shipyard Ferus Smit in the Netherlands, marking a significant stride

Reinventing Maritime Transportation: The Pioneering Lake Vanern Max of Erik Thun Group Read More »

Tracing the Maiden Voyage of Eagle Vellore: A Leap in Sustainable Shipping

Logistics, News /

A New Era in LNG Dual-Fuel Powered Tankers Today the shipping industry welcomes a new player, the Eagle Vellore, a cutting-edge vessel renowned as the first of a trio of Very Large Crude Carriers (VLCCs) powered by liquefied natural gas. This new shipping behemoth takes the stage with a long-term charter contract with Shell Tankers

Tracing the Maiden Voyage of Eagle Vellore: A Leap in Sustainable Shipping Read More »

Unmasking the Struggles of Europe’s Seaports: A Descent Like Never Before

Economy, News /

In recent times, northern Europe’s seaports have been wrestling with a plunge in throughput, driven by a weakening European economy and the Ukrainian crisis that continuously disrupts the supply chain and logistic networks. The most recent to join the list is Hamburg, the third largest port in Europe, which recorded a significant 11.7 percent dip

Unmasking the Struggles of Europe’s Seaports: A Descent Like Never Before Read More »

Unraveling Seafarer Mistreatment

News, Technology /

Australia’s trusted marine authority, the Australian Maritime Safety Authority (AMSA), has delivered a groundbreaking verdict, prohibitively banning a Chinese-owned freighter from accessing Australian shores for a year. This verdict was handed down after evidence of extreme seafarer misuse, including wage theft, was unveiled aboard the vessel. Intensifying its enforcement commitment, the AMSA aims to ensure

Unraveling Seafarer Mistreatment Read More »

Scroll to Top