The Baltic Exchange’s dry bulk sea freight index .BADI, which tracks rates for ships carrying dry bulk commodities, rose to its highest level in two weeks on Wednesday as rates for capesize vessel increased. * The overall index .BADI, which factors in rates for capesize, panamax and supramax shipping vessels, rose 58 points, or 3.5%, …
Baltic index hits two-week high on rising capesize rates Read More »
IACS Unified Requirements strive to improve box industry safety The maritime container sector is the backbone of world trade and covers the worldwide carriage of some 80% of all goods. The 102 million metric tons of containerised goods transported in 1980 had grown to about 1.83 billion metric tons by 2017(ii), demonstrating the importance of …
The maritime industry, an essential cog in the wheel of global trade and commerce, has undergone rapid digital transformation over the past decade. However, as the industry integrates more advanced technologies into its operations, it also becomes increasingly vulnerable to cyber threats. For this reason, digitally secure platforms like Smart Ship© Hub are safeguarding data …
The Importance of Cybersecurity in Maritime Operations: Protecting Ships and Data Read More »
Carrier Transicold has enhanced its BlueEdge™ Partner Program with a platform that complements Carrier’s Lynx™ Fleet telematics for real-time remote monitoring of container refrigeration units and other connected assets onboard ships. Carrier Transicold is part of Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions. The Vessel Control Tower (VCT) platform, …
The IMO is set to adopt a combination of technical and economic measures in early 2025. These legally binding measures should ensure the ambitious decarbonisation strategy unanimously adopted by IMO member states in July 2023 will be met – or exceeded. Many countries have expressed political concern about the possible impacts of such measures on …
Potential Impact of IMO Mid-term Measures: Pacific Island Country Case Studies Read More »
Norwegian Cruise Line (NCL) chose the port terminals of the province of Colón (Colón 2000) and the province of Panama (Panama Cruise Terminal), as Home Port, according to the Director of Ports and Auxiliary Maritime Industries (DGPIMA) of the Panama Maritime Authority (PMA), Max Florez. The six operations (embarking/disembarking) that Norwegian Cruise Line will carry …
NORWEGIAN CRUISE LINE CHOOSES PANAMA AS HOME PORT Read More »
The accuracy of AIS data used to track ship movements is vital for analysis of vessel performance in areas such as fuel consumption. OrbitMI has therefore collaborated with Maritime Data on a joint project to enhance screening of AIS data providers so it can deliver the best quality data for clients. “We are continuously striving …
Stockpiles of oil products at the UAE’s Port of Fujairah declined 1.7% in the week ended Aug. 12 to a 10-month low, according to Fujairah Oil Industry Zone data. The total fell to 16.458 million barrels, the lowest since Sept. 25, 2023, FOIZ data published Aug. 14 showed. Stockpiles have dropped 5.1% since the end …
FUJAIRAH DATA: Oil product stocks drop to 10-month low Read More »
The Chargé d’Affaires of the Embassy of Panama in Washington D.C., Mario Morales López, and the CEO of the Liberian Registry, Alfonso Castillero, launched the shared database of the Registry Information Sharing Compact (RISC). This database was presented to the Office of International Security and Nonproliferation (ISN) of the United States Department of State, represented …
PANAMA PRESENTS RISC DATABASE TO THE UNITED STATES OF AMERICA Read More »
VIRSEC, an award-winning online maritime training provider, is proud to announce the launch of its new course, Lithium-Ion Battery Safety on Ships. This comprehensive online course is designed to address the growing concerns surrounding lithium-ion battery-related fires on vessels, offering vital knowledge to maritime professionals worldwide. Why This Course Matters With the increasing prevalence of …
VIRSEC Launches Pioneering Course on Lithium-Ion Battery Safety on Ships Read More »
