Another 14,000 TEU vessel for K Line

This research aims to develop a fire detection system that detects fires earlier and with higher accuracy than existing smoke detectors for vessels.

Kawasaki Kisen Kaisha, Ltd (K Line), which is one of Japan’s largest shipping groups, believes the use of sails on commercial vessels has an important role to play in helping decarbonise the global shipping industry.

The sale of South Korea’s largest liner shipping company to a consortium comprising the Harim Group, which owns Pan Ocean Shipping, and the private equity investor JKL Partners, has been terminated.

The Ocean Alliance with its 40 services across the main east-west network would dominate in all trade lanes apart from the transatlantic.

Members of THE Alliance have stressed to their customers and stakeholders that operations will “continue as normal throughout 2024”.

Maersk Line is to join Hapag-Lloyd in a new cooperative venture for the main east-west trades.