Articles written by Ankur Kundu

Which cruise ships have been sold or scrapped since COVID-19?

in Maritime Knowledge by

Cruise ships became the first hot-spots of the deadly Coronavirus, with luxury yachts and mega cruises turning into large quarantine centers. FleetMon reported on the developments since the beginning of the pandemic. Governments all around the world resorted to imposing a strict ‘No Cruise’ ban.

With COVID-19 impacting all sectors of the economy, the cruise industry has been particularly brought to its knees.

With the figures we’re going to show you now, it becomes apparent that the sheer scale of this global shutdown is unlike something the industry has ever witnessed, easily dwarfing global events like 9/11 or stock market crashes.

Cruise liner Queen of the Oceans by ship spotter AIS-Split
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Drone Ships: A not so distant maritime future

in Trends by
Credits: IBM

There’s no denying that advancements in unmanned aerial vehicle (UAS) technology are affecting every sphere of our lives, ranging from agriculture & filmmaking to security and communications down to logistics.

With growing worldwide interest in commercial, scientific, and military issues associated with both oceans and shallow waters, there has been a corresponding growth in demand for the development of unmanned surface vehicles (USVs) with advanced guidance, navigation, and control (GNC) capabilities.

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What are blank sailings?

in Maritime Knowledge by

A void sailing or a blank sailing is when a ship does not sail. More specifically, it is a scheduled sailing which has been either cancelled by the shipping company or the company decided to skip a certain string owing to some shortcomings.

A string is a set of ports served weekly by a carrier. For example, one string might be: Shanghai NingboLos AngelesOaklandShanghai. The string moves in a circular direction but always along with the same schedule of ports with a fixed departure day of the week set for each port.

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Why does HMM build the world’s largest vessels?

in Maritime Knowledge by
HMM ALGECIRAS

South Korea is an absolute powerhouse when it comes to the shipbuilding industry. Samsung, Daewoo, and Hyundai are names that every shipping company knows, partially because every notable shipping company has at least one ship built from any of these shipyards. There’s a new company rising on the horizon, and that too has its roots deeply embedded in the South Korean lifestyle: Hyundai Merchant Marine (HMM).

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Malacca Strait: China’s strategic chokepoint

in Maritime Knowledge by
Vessel traffic in the Malacca Strait via FleetMon Explorer

There’s a popular saying in the Maritime sector: Whatever happens in China, affects global shipping. Remember the beginning of the COVID-19 pandemic when ports all across China were closed off? According to Alphaliner, more tonnage of container ships remained idled around the world than during the global financial crisis during this period. Daily charter rates for tankers and bulk freighters plummeted more than 70% from normal levels as China bought less oil, iron ore, and coal.

Or take a look at the country’s oil statistics:

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