Hapag-Lloyd CEO Expects Shipping To Remain Strong Hapag-Lloyd’s chief executive said on Thursday he expects container volumes to remain strong, driven by global transport demand and seen as a trade indicator and barometer of global economic health. The German company said the volume of twenty-foot equivalent containers (TEUs) transported by 292 ships rose to 9.3 […]
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Maritime Cyber Risk Is Acute; News Report Cybersecurity tops the list of industry risks, but maritime professionals believe companies are better prepared and investing more in cybersecurity. More than two-thirds of a survey panel of nearly 500 people conducted by DNV believe their industrial assets are more vulnerable to cyberattacks than ever before, and cybersecurity
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Houthi Attacks On US Warships After US Strikes In Yemen The Pentagon announced it had thwarted a multiple missile attack by Yemen’s Houthi rebels on two US warships. At least eight drones, five anti-ship ballistic missiles, and three anti-ship cruise missiles attacked the destroyers USS Stockdale and USS Spruance on Monday. On Tuesday, Rear Admiral
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How To Read A Ship’s Draft Marks? What’s Its Importance? If you’ve ever seen a ship in the water, you may have noticed some numbers painted on the hull near the bow and stern. These are called drag marks and indicate how deep the ship is submerged in the water. Reading a ship’s draft marks
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Canada Is Taking Steps To End Port Strikes And Avoid Economic ‘Self-Harm’ Canada moved on Tuesday to end industrial disputes at the country’s two largest ports, Vancouver and Montreal, citing economic losses and the risk of alienating trading partners. It was the second time in as many months that the Liberal government has intervened to
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SWITCH Maritime is building the first RoPax ferry in the U.S. powered by liquid hydrogen The maritime industry is working to reduce carbon emissions by having companies build more sustainable ships. The latest development is SWITCH Maritime, which works with LMG Marin and LH2 Shipping to build the first RoPax ferry in the U.S. powered
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Everything You Should Know About Muscat Port Muscat is the capital of Oman and has a population of about 3.1 million. It is a progressive, optimistic city that is well-loved by its citizens. It is truly an amazing place and a destination in itself. It is simply the pearl of the Middle East. The people
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Container Ship Denied Entry To Spanish Port Over Alleged Arms Shipment To Israel On November 9, a Maersk container ship was banned from entering the Spanish port of Algeciras after Spanish authorities expressed concerns about its cargo. Maersk, a major Danish shipping company, has denied allegations that the ship was carrying weapons for Israel. In
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How China’s port diplomacy is redrawing the South American trade map? In Peru, South America’s copper giant, the incoming White House under Donald Trump will find itself on the losing side of a trade war with China, part of a larger power realignment around a resource-rich region in Washington’s backyard. Peru, the world’s second-largest copper
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Knock Nevis – World’s Largest Supertanker Few names inspire as much awe and fascination as Knock Nevis in sailing history. Known many times throughout its history – Seawise Giant, Happy Giant, Jahre Viking, and, finally, MV Mont – this Norwegian supertanker is not only the largest ship ever built but the largest ship ever built.
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