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British class society Lloyd’s Register (LR) has helped establish a new industry consortium aimed at ending the fragmented way container stowage and lashing data is shared across the sector. The Lashing Exchange Format (LXF) Consortium brings together classification societies and software developers to create a common digital standard for transferring data used in container securing …
https://splash247.com/new-push-to-standardise-container-stowage-data/
https://splash247.com/new-push-to-standardise-container-stowage-data/South Korean shipbuilding major HD Hyundai Heavy Industries has moved one step closer to the commercialisation of next-generation nuclear reactors at sea, signing a Natrium reactor supply framework agreement with TerraPower from the US, a company founded by Bill Gates. Under the agreement, HD Hyundai Heavy Industries has been selected as a preferred manufacturer for …
https://splash247.com/hd-hyundai-firms-ties-with-american-nuclear-pioneer/
https://splash247.com/hd-hyundai-firms-ties-with-american-nuclear-pioneer/One of the most famous names in container shipping is embarking on a new chapter in his career. Peter Tirschwell has stepped down from his role guiding the Journal of Commerce (JOC) after 34 years with the American publication to become an independent shipping journalist. Tirshwell founded TPM 25 years ago in Long Beach, California, …
https://splash247.com/peter-tirschwell-leaves-joc-after-34-years-to-go-independent/
https://splash247.com/peter-tirschwell-leaves-joc-after-34-years-to-go-independent/Indonesia has announced plans to route all exports of coal, palm oil and ferroalloys through a government-appointed state enterprise, in a sweeping move that has unnerved commodity markets. President Prabowo Subianto unveiled the policy in a speech to parliament on Wednesday, citing decades of revenue losses he attributed to under-invoicing and transfer pricing by exporters. …
https://splash247.com/indonesia-moves-to-centralise-commodity-exports-through-state-run-trading-arm/
https://splash247.com/indonesia-moves-to-centralise-commodity-exports-through-state-run-trading-arm/Three VLCCs transited the Strait of Hormuz outbound on Wednesday in what maritime intelligence firm Windward described as the strongest single indicator yet of a coordinated operating protocol on the corridor – the first sign in almost 12 weeks that some form of guided passage may be resuming through the critical oil chokepoint. Two Chinese-controlled …
https://splash247.com/first-coordinated-vlcc-transits-through-hormuz-raise-cautious-hopes-of-a-thaw/
https://splash247.com/first-coordinated-vlcc-transits-through-hormuz-raise-cautious-hopes-of-a-thaw/China’s dominance in container manufacturing – both dry and reefers – has been discussed repeatedly by politicians in Washington DC in recent years, and is something that is very much in the spotlight this week following the US Department of Justice indicting four of the world’s largest shipping container manufacturers and seven executives for running …
https://splash247.com/chinas-container-manufacturing-dominance-in-the-spotlight/
https://splash247.com/chinas-container-manufacturing-dominance-in-the-spotlight/Three supertankers were crossing the Strait of Hormuz on Wednesday carrying oil bound for Asian markets, after waiting in the Gulf for more than two months with 6 million barrels of Middle East crude on board, while another was entering, shipping…
https://www.marinelink.com/news/third-vlcc-exits-strait-hormuz-539455
https://www.marinelink.com/news/third-vlcc-exits-strait-hormuz-539455The German Aerospace Center (Deutsches Zentrum für Luft- und Raumfahrt; DLR) has celebrated the keel-laying of its seagoing technology platform at the FSG Shipyard in Flensburg.The ship, named Modularis, will serve as a floating laboratory for innovative maritime technologies.
https://www.marinelink.com/news/dlr-celebrates-keellaying-seagoing-539456
https://www.marinelink.com/news/dlr-celebrates-keellaying-seagoing-539456Rio Tinto has celebrated the shipment of 8 billion tonnes1 of iron ore to global markets from the Pilbara region, 60 years after the company’s first shipment set sail from Western Australia for Japan.The milestone shipment departed from Cape Lambert port aboard the Juno Horizon on May 19…
https://www.marinelink.com/news/rio-tinto-ships-eight-billionth-tonne-539458
https://www.marinelink.com/news/rio-tinto-ships-eight-billionth-tonne-539458UNHCR, the UN Refugee Agency, the IMO, and the International Chamber of Shipping (ICS) have released a revised Rescue Guide, a tool to help all partners uphold the humanitarian and legal duties to rescue refugees and migrants in distress at…
https://www.marinelink.com/news/imo-releases-revised-rescue-guide-539459
https://www.marinelink.com/news/imo-releases-revised-rescue-guide-539459