VIDEO: JAXPORT welcomes its largest containership ever At 364 meters long and with a 14,000 TEU capacity, the ONE Stork yesterday set a port record by becoming the largest containership ever to call the Port of Jacksonville, Fla. (JAXPORT).
DOT names members of new USMMA Advisory Council The U.S. Department of Transportation has announced the appointment of thirteen inaugural members of the U.S. Merchant Marine Academy (USMMA) Advisory Council, five of whom are Kings Point graduates, including one member
Two more aircraft carriers will have FMD Welin Lambie davits Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (Arcline) reports that, through its Welin Lambie subsidiary, it has been awarded a purchase order by Newport News Shipbuilding to supply
Stena to deploy NewMax methanol-hybrid duo on Irish Sea route The largest ferry operator on the Irish Sea, Stena Line, is to deploy two all-new hybrid propulsion NewMax vessels on its Belfast-Heysham freight route in 2025. Designed to run on methanol, they
White Paper: Getting started with ship lifecycle management Shipbuilding companies implement product lifecycle management (PLM) systems to provide their diverse and widely dispersed enterprises with access to a single source of product and process knowledge. Once a PLM system is
How Retail Businesses Benefit From Mezzanine Floor Lifts With retail space at a premium and businesses needing to make the best use of every inch of space to maximise profits, a mezzanine floor will likely be a great addition to add extra floor space within retail premises without increasing the overall footprint. Mezzanine floors are a great way to create cost-effective extra space and the choice of whether to increase the range of products on sale, p
How to Pack Fragile Items When Moving Almost every second person moved to a new place of residence at least once. Of these, almost one in three made an apartment move twice or even three times. At the same time, many note that the most stressful moment is the preparation of things for transportation. Some items are fragile, any impact or fall can lead to cracks, chips, and other unpleasant consequences. Properly selected packaging, s
JAXPORT sets new record for largest vessel ever to call Jacksonville The Jacksonville Port Authority (JAXPORT) set a new port record with the arrival of ONE Stork, the largest container ship to ever call Jacksonville in Florida, US. Operated by Singapore-headquartered shipping line Ocean Network Express (ONE), the vessel has a carrying capacity of 14,000 TEUs. ONE Stork is deployed on the EC5 service of THE Alliance, a container shipping partnership of Hapag-Lloyd
Hapag-Lloyd launches green biofuel-based transport solution Hapag-Lloyd has announced the launch of Ship Green, a new solution for climate-friendly, biofuel-based transport. Ship Green is accessible from anywhere at any time and does not require a long-term commitment, according to the German ocean carrier, which added that it can also be used as an extra service to the existing booking of costumers. Explaining the new project Hapag-Lloyd said that by usi
Leschaco Group appoints new CFO Ulrich Steenken will be the new chief financial officer (CFO) of Leschaco Group, a worldwide logistics service company based in Bremen, Germany. Ulrich Steenken, new CFO of Leschaco Group The company has recruited Ulrich Steenken, a globally experienced finance manager with proven business knowledge, who will take over his duties on 1 June 2023. As a member of Leschaco Group's management board, U
US container imports tumble after 2022 record levels According to the Global Port Tracker report released recently by the National Retail Federation (NRF) and Hackett Associates, import cargo volume at the United States' major container ports is recovering from a nearly three-year low in February but it is expected to remain well below last year's levels. US ports covered by Global Port Tracker handled 1.62 million TEUs of import containers in Marc
New name for European Gateway Services European Gateway Services (EGS), the intermodal network operator of Hutchison Ports ECT Rotterdam (ECT), will operate under a new name from today, 10 May. The new name, which is Hutchison Ports Europe Intermodal (HPEI), makes it clear which activities are being carried out. The new brand also emphasises that Hutchison Ports Europe Intermodal forms part of an integrated range of port-to-door servi
HMM expands port rotation of India-ECSA connection South Korean liner HMM is increasingly targeting export volumes out of the Indian market as the emerging economy rapidly gains in trade development and manufacturing activity. The carrier has introduced an additional port call at Itapoa in Brazil to its independent East Coast South America (ECSA) service, known as the FIL (Far East-India-Latin America). The updated port rotation will be Busan, Sh
Port of Rotterdam and partners unveil emission-free shipping project The Port of Rotterdam, together with the Province of Zuid Holland and more than 40 partners have launched a project for emission-free inland and near-shore shipping on hydrogen. According to the announcement, the project's name is Condor H2 and aims to facilitate the sailing of 50 emission-free vessels by 2030, targeting a CO2 reduction of 100,000 tons per year. In particular, Condor H2 will prov
Nokia, Claro deploy first industrial-grade private 4.9G wireless network in Colombia terminal Nokia and Claro Colombia are deploying new industrial-grade private 4.9G wireless network and edge computing solution at Sociedad Portuaria Puerto Bahía in Cartagena, Colombia. The two companies use the Nokia Digital Automation Cloud (DAC), including the Nokia MX Industrial Edge, whish is designed to meet the mission-critical wireless connectivity and on-premises OT data processing needs of an ar
Maersk proceeds with integration process; Martin Bencher under Maersk brand Martin Bencher's visual aspects, including transport and transactional documents, as well as physical components such as assets, locations, and offices will now carry Maersk's visual brand identity, effective from today (10 May). "As Martin Bencher is further integrating with Maersk, the visual brand identity of Martin Bencher is being phased out and you will now interact with the visual brand id
DP World successfully trials photovoltaic panels at London Gateway DP World has successfully tested new solar energy units at its London Gateway hub in the United Kingdom. The installation of sunlight-converting photovoltaic panels on the canopy of the gatehouse building, through which 548,000 lorries a year enter the port en route to collecting or discharging containers, has generated 29.95 megawatt hours (MWH) of electricity in total over the first two months
Port of Long Beach releases Pier Wind Project concept The Port of Long Beach recently released a proposal for Pier Wind, a facility that would assist California and the rest of the country reach renewable energy objectives while improving air quality by reducing reliance on fossil fuels. The port on the US West Coast has unveiled plans for a facility aimed at assisting California and the United States in meeting renewable energy objectives in the ne
SEDNA and OrbitMI launch new intergrated platfrom SEDNA and OrbitMI announced the integration of their two digital platforms. SEDNA transforms business processes by connecting work email to core business systems, while OrbitMI is a global provider of maritime software and data products to accelerate digital transformation in the industry. Both launched in 2017, SEDNA and Orbit are cloud-based technology services created to enable more efficient,
IFCHOR Galbraiths taks over Norway's Uno Offshore IFCHOR Galbraiths has made its first acquisition following a major shipbroking merger. The international broking powerhouse is buying Norwegian offshore specialist Uno Offshore for an undisclosed sum to add oil and gas offshore brokerage services. Moving forward, UNO Offshore, founded in 2010 by Hans Christensen, will be renamed IG Offshore. The company has a seven-strong ...
United Maritime expands with another panamax addition as it puts latest kamsarmax purchases to work Nasdaq-listed Greek owner United Maritime is bolstering its dry bulk fleet with the addition of another panamax on a bareboat charter with an option to buy and has secured employment for a pair of kamsarmax bulkers acquired earlier this year. The Stamatis Tsantanis-led spinoff of Greek capsize specialist Seanergy Maritime is taking in the Japanese-built ...
D'Amico swoops for second leased MR tanker this month Italy's d'Amico International Shipping has exercised a second purchase option this month taking back ownership of another bareboat chartered-in MR product tanker. The Milan-listed firm is adding the 2015-built to its owned list for a price tag of around $21.6m. The 49,990 dwt ship, VesselsValue estimates as worth 37.3m, will change ownership in July. D'Amico ...
Emission-free inland and nearshore shipping project gets underway A new project has been launched to facilitate emission-free inland and nearshore shipping. A consortium that brings together the Port of Rotterdam, the Province of Zuid Holland, five other ports and more than 40 project partners, aims to have the first vessels sailing on hydrogen in 2025 and to enable 50 emission-free vessels by 2030. ...
Transocean bags another semisub deal in Australia New York-listed offshore driller Transocean has won a $137m contract in Australia for another one of its semisubmersible rigs. The Swiss-based owner and operator of 37 rigs has sealed a deal with an undisclosed major for the 2015-built to carry out a five-well campaign. The contract for the rig, which has been idle since last ...
Modec secures Brazilian floater contract Japan's Modec has signed a deal with Equinor to deliver one of the most complex floating production, storage and offloading (FPSO) vessels in its history for a $9bn BM-C-33 project in Brazil. A sales and purchase agreement between the two companies is a two-phase lump sum turnkey contract covering both front-end engineering design (FEED) and ...
Dutch sailing cargo company makes debut voyage The first ship operated by the Dutch sailing cargo vessel company EcoClipper has set sail. The De Tukker left Amsterdam and is heading to Porto as part of the first voyage on a sailing schedule that will see the ship sail on a regular route across North and West Europe. After a refit and sea ...
Posco International and H-Line seal charter deal for LNG newbuild Posco International, the trading arm of South Korean steelmaker Posco, has penned a charter deal with compatriot H-Line Shipping for a newbuild liquefied natural gas (LNG) carrier. The 174,000 cu m vessel will be built by Hyundai Samho Heavy Industries and delivered in the first half of 2025. The company, which merged with Posco Energy ...
Signs growth of the 1,000-strong 'opaque' fleet is slowing For grey, shadow or dark, read opaque. Shipping is having to come up with new terms to define an increasing chunk of the tanker fleet, which has chosen to trade on the sidelines of international norms, creating huge concern about potential safety lapses. Data analytics firm Vortexa now assesses that exactly 1,000 unique tankers have ...
Port of Long Beach unveils concept for largest wind turbine facility in the US The Port of Long Beach has revealed plans for an ambitious floating offshore wind facility aimed at assisting California in meeting its target of 25 GW of offshore wind power by 2045 and contributing to a 70% reduction in the national cost of this renewable energy by 2035. Known as Pier Wind, the facility would ...
Evergreen latest liner in the dock over shipper complaints Taiwan's Evergreen stands accused of failing to stick to its contract, forcing a car parts firm to shift some of its shipments onto highly inflated spot terms. Evergreen has until to the end of the month to respond to the case filed by CertiFit, one of many lodged at the Federal Maritime Commission (FMC) in ...
Acta Marine sets up French subsidiary Dutch offshore vessel owner and operator Acta Marine has established a French subsidiary and opened a new office in Montoir de Bretagne with the aim to bolster its footprint in the local offshore wind market. The new subsidiary, Acta Marine France, will facilitate the deployment of Acta Marine's fleet in the region and provide access ...
SeaBird secures more contract work for survey vessel Oslo-listed seismic player SeaBird Exploration has signed an ocean bottom node (OBN) source contract with an undisclosed client in the Eastern Hemisphere. The contract will kick off in June this year in direct continuation of the completion of the current 2D survey project. The project will utilise the 2014-built survey vessel for around two months ...
ADNOC Logistics & Services to go public Abu Dhabi National Oil Company (ADNOC) has moved to sell a 15% stake in its shipping and maritime logistics arm ADNOC Logistics & Services (ADNOC L&S) through an initial public offering (IPO) on the Abu Dhabi stock exchange. The state-owned energy giant will offer about 1.1m shares in ADNOC L&S, with the intention to list ...
President of Cyprus urges Brussels to create dedicated shipping commissioner The president of Cyprus is urging the European Union to create a commissioner dedicated to covering shipping issues. Nikos Christodoulides said during the annual general meeting of the Cyprus Shipping Chamber that he will soon submit in writing the request to the European Commission. "Taking into account the current international environment, it is particularly important ...
Danaos linked to Qingdao boxship orders Greece's Danaos has been tipped by analysts at Alphaliner as the company behind a pair of orders for 5,900 teu ships at Qingdao Yangfan Shipyard in northeast China. The ships are estimated to cost in between $60m to $65m. In March last year Danaos ordered two methanol-ready 7,100 teu ships at Dalian Shipbuilding Industry Company ...
Supramax pool gains more ships C Transport Maritime (CTM) has welcomed a new Norwegian partner to its supramax pool. Forra Ultramax from Oslo is the latest entity to sign up to CTM's supramax revenue sharing agreement, adding one ship, with potentially one more joining later. Current pool members will be adding more ships in the coming months. Stone Shipping is ...
Tokyo MOU reveals details of cyber attack The Tokyo MOU, an inter-governmental cooperative organisation on port state control (PSC) in the Asia-Pacific region, has revealed it has been another high-profile name in shipping to have suffered a cyber attack. The leading ship inspection body stated in its annual report, issued this week, that last July its database, APCIS, suffered an outage from ...
Unearthing the real value of CII It may be flawed, but IMO's Carbon Intensity Indicator could be one of the best tools yet for getting shipowners and charterers talking about efficiency investments, writes Mikael Laurin, head of vessel optimisation at Yara Marine Technologies. In the first few months since it came into force, the Carbon Intensity Indicator (CII) has already seen ...
FMC complaint refunds surpass $1m Charge complaint established under the Ocean Shipping Reform Act is designed to expedite the process by which shippers and other...
Ceres Terminals' reported sale may spark carrier interest Shipping lines, pension and infrastructure funds likely to be in the running to invest in the terminal operator. The Wall...
Malta acted as industry voice on Russia sanctions, says flag head EU's largest registry admits to substantial deregistration of Greek tonnage last year, but attributes outcome to wider trend rather than...
Grain corridor registrations halt as Russian imposed deadline looms Russian government officials set a deadline of May 18 on the grain deal's extension when it was renewed in March...
A tale of two trades on the transatlantic Box lines have failed to learn from history and have shovelled too much capacity into the transatlantic. But the con-ro...
Zhejiang Seaport partners with DP World on automobile logistics chain The new agreement is expected to strengthen existing partnership as more Chinese-made cars are being exported to the Middle East
Port of Long Beach unveils $4.7bn plans for offshore wind facility Facility dubbed Pier Wind would support the manufacture and assembly of floating offshore wind turbines, port says
Australia's Newcastle port commits to hydrogen partnership with Rotterdam Port of Newcastle targets green hydrogen and ammonia production by utilising Australia's large renewable energy potential
EU persists with dark fleet sanctions despite enforcement difficulties European Commission plans to ban ships engaging in deceptive practices including illicit ship-to-ship transfer operations and 'dark' AIS voyages as...
Recession fears top of mind for forwarders Central banks are trying to control inflation using higher interest rates. But these could tip the world's largest economy into...
Malaysia halts search for Pablo's missing crew Dark fleet tanker Pablo caught fire off southeast Malaysia on May 1. Twenty-five crew members have been rescued following the...
Domestic opposition mounts over possible sale of Hyundai LNG Shipping to foreign bidders South Korean shipping community has urged the government to block the deal, citing possible threats to national security
Daily Briefing Freight rate rally loses steam ahead of peak season as analysts urge caution | US imports to remain 'well below'...
Softer rates, long-term confidence provide mixed signals for MPV carriers Multipurpose and heavy-lift carriers expect short-term rate pain but a rising market further out, analysts say.
ONE becomes latest carrier to drop per diem fees at closed US marine terminals The change comes in advance of the FMC's final rule on detention and demurrage billing that is due to be published in mid-June and has already generated pushback from marine terminal operators.
Top US Shippers: US toy imports 'normalizing' after slipping from record 2022 Toy and game manufacturers front-loaded traditional holiday merchandise in 2022, resulting in an exceptional first half of the year followed by a weak fourth quarter that coincided with a broader decline in consumer spending.
Western Canadian ports missing out on USWC cargo diversions: analyst One might expect that Western Canadian ports have benefited from cargo bound for the US Midwest being diverted from the US West Coast to avoid potential labor disruption, but that has not been the case, notes analyst Larry Gross.
Safe Bulkers first-quarter profit narrows on weaker markets US-listed bulker owner maintains dividend and pulls the plug on ATM share sale programme
Pangaea Logistics squeezes out another profit in slow first quarter Rates have doubled since bottom in February and company expects firming market to continue through 2023
Seafarer surrenders licence over sexual harassment allegations on Maersk ship Electrician Paul Pagano hands over credentials before hearing over Midshipman Y allegations
Fincantieri expects full-year profit by 2025 as it plots revenue growth path Italian shipbuilder has not delivered full-year profit since 2021
Trafigura's Rasmus Bach Nielsen takes helm of Sea Cargo Charter to 'push green transition forward' Trafigura executive replaces Jan Dieleman as Cargill's Eman Abdalla becomes vice chair
'Untenable' situation: Russia seizes four Maersk-controlled tugs at Sakhalin Danish shipping giant says court order came after effort to terminate contract at oil and gas project
Global Ship Lease profits amid talk of related post-panamax container ship purchases George Youroukos-based Technomar said to have bagged a brace of 8,500-teu vessels
United Maritime expands with second bareboat deal in three months Seanergy spin-off is developing an appetite for a new way to widening its bulker footprint
Ifchor Galbraiths makes first buy with Norway's Uno Offshore New broking giant's co-chief executive Bjorn Andersen says sector has 'strong fundamentals and a positive outlook'
Green Seas: A (partly) averted oil spill disaster highlights risk of 'shadow' tanker fleet Our environment newsletter looks at how the casualty of the Pablo confirmed fears of a spill from the dark fleet, and the risk that the next one could be much worse
Another MR tanker purchase option saves d'Amico $16m in open market Italian shipowner continues to hoover up bargain tonnage through clauses in bareboat charters
Consolidation question arises after Kristian Siem's stakes in Solstad and DOF revealed Tycoon's investment in rival offshore shipowners remains low, but Siem Offshore is a believer in market unification
'Cheap' Eagle Bulk shares touted as 'compelling' buy by Clarksons Securities Stock is trading at 35% discount to net asset value after tumbling 13% year to date in sector-worst performance
First cargo sailing is sweet dream come true for EcoClipper Cargo of chocolate to Porto is carried on first vessel launched by sail cargo firm
Comment: It's now or never for the Hong Kong Recycling Convention Complicated requirements put the future of the convention in doubt
Bankrupt Bed Bath & Beyond giant hits OOCL with $31.7m claim Embattled US shipper launches claim for contract performance from Hong Kong-based carrier
2020 Bulkers profit keeps on trucking, monthly dividends rise with freight market Majority of newcastlemax fleet is on fixed-rate charters, which has meant better earnings as the spot market rises
Flag and port states urged to act to prevent 'dark fleet' pollution disaster IOPC Funds head says strict enforcement of insurance requirements will be critical to reducing risk
Watsa's Seven Islands more than doubles money in 22-year-old suezmax sale Indian owner cashes in on veteran vessel acquired a little over two years ago from Ridgebury Tankers
H-Line Shipping wraps up LNG carrier charter with Posco International Steelmaking giant starts to grow a global LNG trading business with first vessel
CTM supramax pool signs up Forra Ultramax as existing partners add two more ships Little-known Oslo owner joins John Michael Radziwill's revenue sharing agreement
Saevik family and Vision Ridge seek buyer for Norway's biggest ferry owner Rothschild & Co brought in to handle sale of massively expanded Fjord1
ADNOC Logistics & Services set for June stocklisting Parent to offer 15% of shares in shipowning and maritime business unit on Abu Dhabi exchange
Wilh Wilhelmsen plots $10m stock buyback despite profit slipping in first quarter Wilhelmsen group holding company gives investors two days to name their price
Oldendorff Carriers returns to Jiangsu New Hantong for up to nine kamsarmax bulk carriers The Lubeck-based company is rebuilding its orderbook having sold six vessels that it previously ordered at the Chinese shipyard
Galtung Dosvig's EGD Holding rides tanker wave to record profit Ship sales and the value of its investment in Klaveness Combination Carriers also boosted the bottom line
EU plots crackdown on Russia oil sanctions evaders Envoys started talks on Wednesday on the 11th package of measures, including addressing the flouting of oil price caps
Shipowners 'grossly over-estimating' effect of slow steaming on CII, Clarksons warns Shipbroker says speed reductions will not necessarily boost fuel efficiency compliance
Schulte Group digital firm links with software start-up for emissions trading MariApps Marine Solutions partners zero44 to create one-stop system for dealing with the European Union emissions trading system
UK-based Union Maritime raises more than $55m from two ultramax sales Cash comes in handy as UK shipowner and operator embarks on a fresh newbuilding spree
Slideshow: Executive Ship Management celebrates silver jubilee with drums and dancers Lively entertainment heralds family-owned ship manager's first 25 successful years in business
The Suez Canal Authority has announced that it will introduce surcharges on transit tariffs through the Egyptian canal for most major cargo vessels, effective July 15.
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