The new organisational structure and new executive leadership team follow the appointment of Vincent Clerc as CEO of A.P. Moller - Maersk effective 1 January, 2023. Today, A.P. Moller - Maersk (Maersk) has announced a new organisational str

Capesize The decline in the first week of the year appeared to be no surprise to the market due to the lackluster activity and seasonal headwinds since the holiday season. The average rate of the Capesize 5 timecharter (5TC) routes had its

Container shipping lines reaped massive windfalls during the COVID-era consumer boom. Different ocean carriers pursued different fleet strategies in 2020-22, from aggressively maximizing market exposure on one hand to keeping capacity flat

The energy transition needs specialized ships to carry very large wind turbine components. DNV has created a new class notation for deck carriers to accelerate classification of this important emerging ship type. Climate change and energy u

Panamas Ministry of the Presidency has issued Executive Decree 245 of 21 November 22, that orders immediate removal from the Panama Ship Registry of vessels for which the Panama Maritime Authority (AMP)s Directorate General of Merchant Mari

DNV confirms its ShipManager software was victim of a cyber-attack on the evening of Saturday 7 January. DNV experts have shut down ShipManagers IT servers in response to the incident. All users can still use the onboard, offline functi

Oslo and Paris, 09 January 2023.Marlink, the smart network solutions company, has completed the migration of UNI-TANKERS owned fleet to its global hybrid network solution. The Danish shipping company UNI-TANKERS, recognised for its high ope

Full year 2022 data points for the international shipping industry have been released by Clarksons Research. Reviewing the data, Steve Gordon, Managing Director of Clarksons Research commented: The ClarkSea, our overall day rate charter ind

Elcome International, a leading provider of maritime systems and integration solutions, is providing SpaceXs Starlink Internet services to its global maritime and mobility customers. From merchant vessels to oil rigs to luxury yachts, Starl

On January 5, 2023, Deputy General Manager of MOL (China), Hudong-Zhonghua CNOOC project Deputy General Manager, Li Huasong of COSCO Shipping, Felix Ovezea, Executive Technical Supervisor of MOL, leader of engine of MOL visited CSSCPower (G

Hamburg, 09/01/2023: ContainerxChange released today theContainer LogTech predictions report for 2023which highlights important global trends that the shipping and supply chain industry will witness in 2023. The report draws attention to so

2022 has been another significant and positive year for Indian Register of Shipping (IRS) as the organisation goes from strength to strength. IRS has once again achieved strong and sustained business growth with inroads into new markets. Th

There is no nationality or residential requirements for seafarers (officers and ratings) serving on Hong Kong registeredships. Officers, while serving on board Hong Kong registered ship, are required to hold respective classes of certificat

The Ministry of Transport of China, the Ministry of Foreign Affairs of China, the National Health Commission of China, the General Administration of Customs of China, the National Immigration Administration and the Chinese Center for Diseas

Japanese shipping company K Line is developing a system employing artificial intelligence to aid in the maneuvering and berthing operations for vessels. It is the latest in a series of projects underway in Japan to improve safe ship operati