Column

China expanding capacity amidst strong demand

The Chinese shipbuilding industry is undergoing rapid growth due to high demand for new vessels and increasing global shipping needs. Major shipyards are heavily investing in expanding their production capabilities to build various vess..

News > Column > 2024-09-05 09:28:17

"LNGC price decreases hard"

New LNG carrier orders are expected to rise every year by the middle of 2030 against a backdrop of firm demands for newbuilds, and the current high price of vessels is likely not to decrease easily, an industry expert forecasts. Over..

News > Column > 2024-09-02 09:30:21

Boxship orderbook growth deemed bizzare

Some experts voice their opinions of worry on whether more stringent environmental measures would be put in place by the IMO, as the shipping companies are going full throttle in expanding their orderbooks for boxships. Containership..

News > Column > 2024-08-23 09:18:42

Maritime decarbonisation is progressing slowly

Decarbonisation of shipping is slowing, resulting in a growing gap between policymakers’ expectations and what the industry can deliver. Knut Orbeck-Nilssen from DNV said, ship scrapping rates are the first indicator. Despite h..

News > Column > 2024-07-08 09:22:06

Shipping losses hit all-time low despite increasing risks for the whole sector

Given as much as 90% of international trade is transported across oceans, maritime safety is critical. Thirty years ago, the global shipping fleet lost around 200 large vessels a year. This total fell to a record low of 26 in 2023, a de..

News > Column > 2024-07-02 09:02:42

Big guns jostle for ordering for 100-plus container ships

Recent developments suggest a substantial increase in container ship orders among global shipbuilders. In May, the industry anticipated orders for over 50 container ships, surpassing $7.5bn in value, over the coming months. A month l..

News > Column > 2024-06-27 09:22:44

Historic low in tanker scrap for 1st half of 2024

In the first half of 2024, the number of tankers scrapped is set to hit an all-time low. According to BRS Group, a French ship brokerage firm, only two tankers were sold for scrap from January to the end of May this year. This record..

News > Column > 2024-06-25 09:20:03

Greener marine operations will require leaner crews and smaller ships

Marine robotics pioneer Ocean Infinity is actively pursuing the decarbonisation of its Armada fleet of lean-crewed, uncrewed and remotely operated vessels in alignment with its goal to achieve net-zero across the business by 2040. In..

News > Column > 2024-06-04 09:02:23

At least 43 LNGCs ordered in 1Q

The bulk of LNG carriers ordered in the first quarter are deployed in Qatar's fleet expansion program. QatarEnergy, which leads the project, plans to place additional orders, while a bunch of other companies are setting out to inves..

News > Column > 2024-04-15 09:22:06

Remote and Autonomous Ship Operations Driving the Future of Marine Data Management

Remote, lean crewed, and autonomous ship operations are playing a more extensive role than ever before in the maritime industry. This paradigm shift is not only revolutionising the way ships are operated but also driving and being drive..

News > Column > 2024-02-23 09:22:34