On May 11, NYK accepted delivery of the Taharoa Destiny, a new 175,000 DWT class vessel dedicated to the transport of iron sand slurry from New Zealand.
Never heard of an iron sand slurry ship? Nor had we.
Essentially, a pipeline from shore is used to load this vessel by pumping the iron sand slurry into the vessel cargo holds. After the loading operation is completed, the water in the hold is discharged before the ship sails from port.
This is the only vessel in the world designed to load iron sand slurry and thus requires advanced operating and loading/discharging technique and know-how.
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The European Union’s proposed ban on all Russian gas by the end of 2027 sets the stage for heated debate, with some member states nervous it will boost energy prices and cost companies millions of euros in legal fees.
Norway's King Harald and Queen Sonja were visiting the main settlement on the strategically located Arctic archipelago of Svalbard on Monday, at a time of increased interest in the resource-rich polar region from the U.S., Russia and China.
Israel’s overnight airstrikes on Iran drove up freight rates and tanker stocks Friday as traders and investors priced in the prospect of disruption to a large swath of the global oil-shipping fleet.
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