The International Maritime Organization (IMO) has adopted stricter regulations for the transport of charcoal in order to reduce the risk of fire at sea. The new regulations will come into force voluntarily from January 2025 and will be mandatory from January 2026. The German Shipowners’ Association (VDR) welcomes the new regulations and is in favour…
Delivering data that matters, from periodic events to context-based alerts. Smart containers hold promise for revolutionizing supply chains. As leading carriers adopt smart container solutions, they gain valuable data that can be shared with shippers and other supply chain stakeholders. But generating and collecting data is not enough to make smart container solutions or supply…
The longer shipping routes resulting from the conflict in the Red Sea have generated high revenues on the container market. According to shipbroker Clarksons, container shipping performance rose by 18% to 1,171 TEU per mile. Clarksons analyst Trevor Crowe said that this result was also due to shipments being brought forward to avoid potential disruptions during…
The construction of two new offshore vessels for FRS Windcat Polska is progressing: the hulls of the crew transfer units have now been launched at ALU International Shipyard. The Polish operator of crew transfer vessels, FRS Windcat Polska, ordered the two units from ALU International Shipyard last summer. An option for the construction of further…
Ports and supply chains involve thousands of independent companies and individuals depending on each other’s policies, plans, and actions to effectively make the right business decisions and run operations. The smart port uses digital data streams to boost collaboration, align activities, and make decisions that improve vital processes across their operations. Some of the trends…
The annual offshore edition of The Maritime Executive Magazine is out now and available online! Read on for a summary of what you’ll find inside. Asia-Pacific shipbuilding dominates the industry, and China gets fifty percent of all new orders. It’s a hot market, estimated at $145 billion and forecast to reach $196 billion by the decade’s…