Navigation Warning After Ship Loses 46 Containers in Philippine Waters
The Philippine Coast Guard issued a navigational warning for one of its busy shipping lanes after a containership lost 46 boxes overboard in the Batangas region.
shipping
Container Fleet Smashes 34M TEU Record as Fleet Growth Accelerates
Growth in the container segment of the shipping industry has been making headlines for a long time, but it just smashed through a record. Surpassing the 34 million TEU mark, trade group BIMCO says the growth has accelerated and is…
Newly Delivered Ro-Ro Vessel Suffers Onboard Fire Off Taiwan
A newly completed Ro-Ro vessel suffered an onboard fire while en route to Europe on her delivery voyage on Wednesday, September 2.Skipanes, which was formally handed over to Faroe Islands-based shipping company Smyril near the end of August, was some…
Chinese Yard Secures $1B Order for 10 Dual-fuel Car Carriers
China's Guangzhou Shipyard International (GSI) has been awarded a contract for the construction of ten new pure car and truck carriers (PCTCs) in a series. The contract has a total value of approximately US$1 billion.
OPINION | Oil Tankers Take the Long Route as Buyers Pay up for Peace of Mind
Energy trade routes that optimise distance and costs may no longer be suitable for the fractured and fractious modern world, especially for major importers.Ongoing tensions involving Iran are pushing major oil importers to develop alternative supply routes, which increasingly bypass…
“Pink Corridor” to Explore Nuclear-Powered Transatlantic Container Shipping
A new project focusing on the challenges of developing a so-called “pink corridor” for nuclear-powered transatlantic container shipping is taking shape. It will be led by Lloyd’s Register and A.P.