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ClassNK issues Approval in Principle (AiP) for a 42,000 m³ LCO₂ carrier– Contributing to the social implementation of CCS through safety assessments of liquefied CO₂ carriers

ClassNK has issued an Approval in Principle (AiP) for the design concept of a 42,000 m³ liquefied CO₂ carrier jointly developed by Kawasaki Kisen Kaisha, Ltd. (“K” LINE), Mitsui O.S.K. Lines, Ltd.

  • ClassNK grants Approval in Principle for 42,000 m³ liquefied CO₂ carrier.
  • AiP ensures safety assessments and design compliance for liquefied CO₂ carriers.

Cavotec and EVIAS enter exclusive partnership to revolutionise charging of e-vehicles in ports

Cavotec and EVIAS have entered into an exclusive distribution agreement to bring EVIAS’ automatic ground-based charging technology to ports worldwide.

  • Cavotec and EVIAS form exclusive distribution agreement for port charging technology.
  • EVIAS' automatic ground-based charging system enables vehicles to charge while in motion.
  • Partnership expands Cavotec's electrification offerings to port horizontal transport applications.

Shipping Rates Near 3-Year High as Costs Surge

The Shanghai Containerized Freight Index (SCFI), a key global measure of container shipping rates, reached 3,662.18 in the second week of September, extending its upward streak to seven consecutive…

  • Shanghai Containerized Freight Index hits three-year high of 3,662.18
  • Shipping costs surge due to Strait of Hormuz blockade and Red Sea tensions
  • Samsung Electronics and LG Electronics face higher transportation expenses

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