News Flash | Sea and Job

Baltic Index Gains as Capesize Rates Rise

The Baltic Exchange’s dry bulk sea freight index rose on Thursday, supported by gains in the capesize vessel segment. The index, which factors in rates for capesize, panamax and supramax shipping vessels, gained 24 points to 1,451 points. The capesize index rose 102...

Ammonia dual-fuel box ship design earns class nod

Industry heavyweights have collaborated on the design of a 15,300-TEU ammonia powered dual-fuel container ship. South Korean shipbuilder HD Hyundai Heavy Industries (HHI) is partnering with classification society Lloyds Register (LR) to address challenges associated...

IEA Predicts 90% Drop in Shipping Emissions by 2050. Can Maersk’s Bio-Methanol Deal be a Game-Changer?

The shipping industry is an integral part of international trade. Over the past 40 years, global maritime trade has increased 10X in value. Just like other transportation sectors aviation and auto, shipping also has some level of carbon emissions. In the Announced...

Hapag-Lloyd christens LNG-fuelled 23,000TEU boxship

Hamburg Express belongs to a series of 12 ships that also includes Singapore Express, which was delivered in May of this year. All 12 ships in the series were built by Hanwha Ocean of South Korea. Hamburg Express has a capacity of 23,660 TEUs and can run LNG, which is...

Intra-Asia Container Shipping market outpaces global growth – Drewry launches new intra-Asia online service

Dewry’s new online Intra-Asia Container Market Insight service confirms that growth in the intra-Asia container shipping market, which over the last five years (2019-2023) registered a compound average growth rate (CAGR) of 3.6%, far outpaces growth in global shipping...

PIL accelerates fleet renewal with order for five more LNG Dual-Fuel Vessels

Pacific International Lines (PIL) is accelerating the renewal of its fleet with an order for another five 9,000 TEU liquefied natural gas (LNG) dual-fuel container vessels. The vessels will be built by one of China’s leading shipbuilders, Hudong-Zhonghua Shipbuilding...

Baltic Index Gains as Capesize Rates Rise

Ammonia dual-fuel box ship design earns class nod

IEA Predicts 90% Drop in Shipping Emissions by 2050. Can Maersk’s Bio-Methanol Deal be a Game-Changer?

Hapag-Lloyd christens LNG-fuelled 23,000TEU boxship

Intra-Asia Container Shipping market outpaces global growth – Drewry launches new intra-Asia online service

PIL accelerates fleet renewal with order for five more LNG Dual-Fuel Vessels

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