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Transocean Fleet Update Reflects Rise in Offshore Drilling Dayrates
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Offshore drilling contractor Transocean has released its quarterly Fleet Status Report, highlighting contract updates for its offshore drilling rigs. The report shows an additional backlog of approximately $656 million for the quarter, bringing the total backlog to $8.8 billion as of July 24, 2024. Several new contracts have been secured with dayrates surpassing $500,000, indicating […]
Capacity across big three shipbuilding nations leaps 20% in a year
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Shipyards across China are experiencing a resurgence, producing ships at a scale not seen since 2008. After more than a decade of decline following the global financial crisis, the shipbuilding sector has entered a new golden age. According to broker Arrow, the combined shipbuilding capacity of China, South Korea, and Japan has reached 35.6 million […]
Two Swiss lawyers take aim at flags of convenience in new book
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Two Swiss lawyers have published a 247-page book looking at the risks associated with flags of convenience. The research for the book took the authors to various locations, including accident sites in Europe and Africa, inspections in Belgian ports, developers of new engines and fuels, and a ship recycling facility in India. They interviewed representatives […]
Norwegian Car Carriers adds to newbuild series at CIMC Raffles
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Norwegian Car Carriers (NOCC) has expanded its shipbuilding program at the CIMC Raffles yard in China by adding a third dual-fuel vessel. The Oslo-based company, advised by US banking giant JP Morgan, has ordered a new 7,000 CEU ship that can run on LNG and is ammonia-ready. “NOCC is enhancing its green fleet for the […]
What is cargo hold inspection?
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Cargo hold inspection is an important procedure within the maritime industry, making sure the safety, excellent, and compliance of cargoes transported via sea. The integrity of a ship’s cargo keep is paramount, as it immediately affects the condition of the products transported and the protection of the vessel. In this cargo hold inspection article, we […]
Top 5 Most Busiest Ports in The World
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The busiest ports in the world are selected based on the container traffic passing through them. Thus, the biggest ports in the world don’t need to be also the busiest ports in the world. The marine field has increased dramatically in the past few decades, necessitating port and harbour facilities to accommodate these ever-increasing needs. This […]
Hold Cleaning Service in India: Ensuring Efficiency & Compliance in Maritime Operations
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India, with its large coastline and several ports, is a key player in the international maritime industry. A necessary thing in this industry is the hold cleaning service, a specialized procedure important for preserving the efficiency and protection of bulk carriers. Hold cleaning service in India has become significant, driven by advancements in technology, stringent […]
Hold Cleaning Service in Kakinada Port: Ensuring Quality and Efficiency
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Hold cleaning service is a specialized procedure involving the thorough cleaning and sanitization of a ship’s shipment to put off detrital, impurities, and particles from previous cargoes. This procedure confirms the preserve is prepared for new cargo, preventing contamination, stopping infection, adhering to global maritime policies, and preserving the vessel’s integrity. Hold cleaning services are […]
Top 10 Marine Cargo Ship Safety Measures
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The maritime industry plays an important role in Global Trade, transporting goods internationally’s oceans. With this responsibility comes the want for strict protection measures to guard both the crew and the environment. Here are the top 10 marine cargo ship safety protection measures that are necessary for maintaining unnecessary standards of safety within the industry. […]
How Are Bulk Carriers Cleaned?
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Bulk carriers are the workhorses of the maritime industry, transporting extensive quantities of raw materials along with coal, grain, ore, and cement throughout the globe. Because of the character of the shipment, keeping cleanliness on those vessels is required for operational performance, protection, and compliance with global standards. The cleaning method of bulk carriers is […]
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