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Xeneta container rates alert: long-term shipping rates finally peak, but now stand 112% up year-on-year
Oslo, Norway – Despite another slew of rises in long-term contracted ocean freight rates across key global trade corridors, month-on-month growth is slowing – and spot rates continue to weaken – suggesting prices may have peaked. However, according to the latest Xeneta Shipping Index (XSI®), which crowd-sources real-time data from…
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Fairline 46 ModelPhantom Designed by Bernard Olesinski
Designed by Bernard Olesinski and the Fairline design team, this Fairline Phantom 46 Flybridge motor yacht, is a fine example of a 46-footer offering 3 cabins layout. Maintained in very good condition, she is powered by Volvo Penta 2 X 480HP Justin Olesinski has become the second naval architect known…
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Europe is seeing a hiring boom in ship industry fintech roles
Some parts of the world are investing more heavily in fintech roles than others. Europe was the fastest growing region for fintech hiring among ship industry companies in the three months ending May. The number of roles in Europe made up 27.8% of total fintech jobs – up from 9.9%…
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Albatross : largest flying birds in the world
Albatrosses are tremendous pelagic birds. Albatrosses are big, majestic birds that can be found soaring above most of the world’s oceans. They are among the largest flying birds in the world, with mammoth wingspans and long, narrow wings that give them superb lift for easy flight. Their large wingspan allows…
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Visual Capitalist : Visualizing the World’s Largest Container Shipping Companies
Did you know that 80% of the global goods trade is transported over the sea? Given the scale of human consumption, this requires an enormous number of shipping containers, as well as ships to carry them. At an industry level, container shipping is dominated by several very large firms. This…
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Polish port of Gdynia : It is planned to handle additional five million tons of coal in the port of Riga
On July 26 of this year, the Polish Minister of Infrastructure Andrzej Adamczyk and his accompanying delegation of businesspeople, including the managers of the Gdynia Port Authority, paid a working visit to the Port of Riga. In the framework of the visit, the Polish delegation met with the management of…
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NYK and Shin-Nippon Kaiyosha Start Japan’s First 100% Biofuel Supply Trial for Ships
Nippon Yusen Kabushiki Kaisha (hereinafter, NYK) and NYK Group company Shin-Nippon Kaiyosha Corporation (hereinafter, Shin-Nippon Kaiyosha) have started test navigation using Neste Renewable Diesel (hereinafter, NesteRD) supplied by Itochu Enex Co. Ltd. (hereinafter, Itochu Enex) in tugboats operated by Shin-Nippon Kaiyosha. This is the first case in Japan of a…
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MSC sponsors the 6th edition of the Ele Festival in Adiaké, Ivory Coast.
MSC and MSC Foundation sponsor the 6th edition of the Ele Festival taking place 27-30 July in Adiaké, Ivory Coast. MSC is proud to sponsor the Ele festival for the 6th consecutive edition. Taking place in Adiaké, in the South-East of the Ivory Coast, and created in 2017, the festival…
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Ports Australia Biennial Conference Agenda Launched
Following a two-year delay caused by the Covid – 19 pandemic, a peak industry event, the Ports Australia Biennial Conference will open in a little over a month (30 August – 1 September 2022) at the W Hotel Brisbane. This year’s event has attracted numerous high profile, Australian and International…
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Wind turbines parts ignited in cargo hold of berthed freighter, Netherlands
Fire erupted in the cargo hold of general cargo ship NOVA berthed at Eemshaven, Netherlands, in the afternoon of Jul 26. The ship loaded with wind turbine parts, to get to the hotspot inside the cargo hold firefighters had to remove or relocate cargo on deck and in the hold.…
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