Commercial Shipping

Japanese maritime navigates turbulent waters

Japanese maritime navigates turbulent waters

The island nation’s maritime industry is fraught with challenges, but glimmers of hope have emerged Japan’s maritime sector stands as a testament to the nation’s ingenuity, resilience, and global competitiveness. For over a century, Japanese shipbuilders have been at the forefront of the market, constructing vessels that have sailed the world’s waters with precision and […]

bound4blue completes first suction sails installation on ro-ro vessel

bound4blue completes first suction sails installation on ro-ro vessel

In a new move toward sustainable maritime transportation, bound4blue, one of several companies working on wind-assisted propulsion systems, has achieved another landmark by installing the first-ever fixed suction sails on a Roll-on/Roll-off (ro-ro) vessel. The project took place aboard the Ville de Bordeaux, a vessel chartered by Airbus from French shipowner Louis Dreyfus Armateurs (LDA).  […]

Sinking of Rubymar in Red Sea sparks environmental concerns and shipping disruptions

Sinking of Rubymar in Red Sea sparks environmental concerns and shipping disruptions

The recent sinking of the Belize-flagged bulk carrier Rubymar in the Red Sea has further escalated tensions in the region and raised alarm bells over potential environmental damage. The vessel, carrying approximately 18,000 metric tons of ammonium phosphate sulphate fertiliser, sank after being struck by an Iranian-backed Houthi terrorist anti-ship ballistic missile on 18 February.   […]

Are ro-pax ferries the new cruise ferries?

Are ro-pax ferries the new cruise ferries?

This year marks the 30th anniversary of the introduction of the first ferry to become often referred to as a ro-pax – the Majestic of Grandi Navi Veloci. While the ship and its numerous sister ships featured high-quality passenger accommodation, ro-paxes soon became regarded mainly as ferry companies’ response to budget airlines, providing a no-frills […]

First dual-fuel VLCC certified by Green Award

First dual-fuel VLCC certified by Green Award

The LNG dual-fuel-powered very large crude carrier (VLCC) Antonis I. Angelicoussis has been certified by the Green Award Foundation. The 330m-long, 320,916dwt tanker is the first LNG dual-fuel VLCC to join the Green Award programme. The certification includes the Green Award greenhouse gas labels CO2 (level 1) and CH4. The Greek-flagged ship is managed by […]

Methane slip no show stopper for LNG as fuel

Methane slip no show stopper for LNG as fuel

Despite a surge in orders for methanol-ready vessels during the past year it’s LNG that continues to have the competitive edge over other alternative fuels, according to Lloyd’s Register’s principal gas expert. Panos Mitrou, global gas segment director for LR, tells The Naval Architect that the characteristics of LNG remain a competitive challenge for LNG […]

Container freight rates continue to plummet

Container freight rates continue to plummet

Long-term ocean freight rates fall again, with almost 50% drop in key pricing benchmark across last three months The beleaguered carrier industry took another major hit in June, with the latest data from Xeneta’s Shipping Index (XSI) showing a decline of 9.4% in global long-term shipping rates. Following on the heels of a 27.5% collapse […]

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