Red Sea Bypass Contributed to Containers Lost in 2024
The World Shipping Council (WSC) has released its annual Containers Lost at Sea report, showing that 576 containers were lost at sea in 2024.While this represents an increase from the record-low 221 containers lost in 2023, it remains well below the 10-year average of 1,274 containers lost annually, underscoring continued industry progress on safety and prevention.Container losses in 2024 were influenced by ongoing disruption in the Red Sea region…
Russia Conduct Drills in Sea of Japan
Russian warships and coastal missile systems struck simulated maritime targets with cruise missiles during exercises in the Sea of Japan, TASS state news agency reported on Monday, citing Russia's defense ministry.The ships and missiles systems, all part of Russia's Pacific Fleet forces, "carried out a joint missile strike against a complex target setup in the Sea of Japan, simulating enemy ships"…
GCMD Demonstrates End-to-End Value Chain for Onboard CCS
The Global Centre for Maritime Decarbonisation successfully completed the world’s first maritime pilot demonstrating the full value chain of onboard captured carbon dioxide (CO2) in China.The pilot encompassed two phases. In the first phase, Shanghai Qiyao Environmental Technology (SMDERI-QET) conducted a ship-to-ship (STS) transfer of 25.44 metric tons (MT) of captured CO2 from the container vessel MV Ever Top to the receiving vessel Dejin 26.
AiP Granted for World's First LCOâ‚‚ and Methanol Carrier
Mitsubishi Shipbuilding and Mitsui O.S.K. Lines have acquired Approval in Principle (AiP) from CLassNK for the design of their jointly developed liquefied CO2 (LCO2) and methanol carrier, a world first for this type of vessel.The vessel is based on a low-pressure LCO2 carrier. It aims to transport CO2, which serves as raw material, on outward voyages and synthetic methanol on return voyages.If dual transport of CO2 and methanol is achieved…
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