Crowley release second annual sustainability report Crowley has released its second annual sustainability report , which details progress toward its sustainability goals in 2022 and previews continued efforts for 2023 and beyond. The 2022 Crowley sustainability report demonstrates
Damen unveils zero emissions Multi Cat 1908 Electric Drawing on 25 years of experience with its versatile Multi Cat workhorse, Damen Shipyards Group today unveiled a zero-emission version of the vessel, the Multi Cat 1908 Electric at the Seawork trade
Austal USA starts construction of Navy floating dry dock Construction is now underway at Austal USA on the Navy Auxiliary Floating Dry Dock Medium (AFDM) awarded the Mobile, Ala., shipyard under a $128 million June 2022 Naval Sea Systems Command contract.
Scrubber discharges come under renewed fire Metals and other environmentally hazardous substances in ships' scrubber discharge water are putting the marine environment at risk, according to a new study from researchers at Sweden's prestigious Chalmers University of Technology.
Kalmar introduces sustainable port equipment Kalmar, part of Cargotec, introduces a range of new sustainability options for its eco-efficient electric reachstacker at the TOC Europe conference in Rotterdam, the Netherlands. More specifically, Kalmar customers have the option of having their electric reachstacker constructed with 47% SSAB ZeroTM steel, which is made from recycled steel and produced using fossil-free electricity and biogas. Ka
Crane falls onto bulk carrier in Türkiye Following a floating dock accident that resulted in one crane falling on the Liberian-flagged bulk carrier Osprey S, a ship repair yard in Türkiye has been out of operation. The incident occurred at the Cindemir Shipyard in Tuzla, while the 30,600 dwt ship was undergoing repair work. According to Maritime Bulletin, the dock tilted for an unclear reason, with the crane landing on the ship and caus
Issues faced by seafarers in 2022: ISWAN report With a new infographic based on data from its helplines, the International Seafarers' Welfare and Assistance Network (ISWAN) has given insights into the difficulties that seafarers and their families encountered in 2022. ISWAN operates various free, international, confidential helplines that provide 24-hour assistance and support to seafarers and their families worldwide. ISWAN's helpline service
FIATA renews partnership with CargoWise for second year The FIATA International Federation of Freight Forwarders Associations and Wisetech Global continue their partnership for the second year aiming to proceed with the digital transformation of the logistics supply chain industry. "As FIATA continues to facilitate digital trade for its members with its Digital FBL, the need for robust and reliable partners on the digitalisation journey of the global
HMM increases container rates from India to US and Canada HMM has announced a new general rate increase (GRI) from India to the United States and Canada. The South Korean ocean carrier has decided to increase box rates from 1 July, as follows: US$900 per TEU US$1,000 per FEU US$1,125 per high cube container US$1,266 per 45-foot container "Effective from 1 July 2023, a General Rate Increase (GRI) will be applied to all tariff, or service contract cargo m
Port of Klaipeda, Proman enter into methanol partnership The Port of Klaipeda aims to be transformed into an energy hub in the future. That is the reason it signed a Memorandum of Understanding (MoU) with the Swiss producer and supplier of methanol Proman. This collaboration is expected to assist the Lithuanian port in the planning, design, and implementation of future methanol bunkering, as well as the prospective development of a methanol-to-power pr
Maersk to include Jeddah Islamic Port in two services The Saudi Ports Authority (Mawani) announced that Maersk has added Jeddah Islamic Port to the rotations of the AE12 and AE7 services. The AE7 service port rotation is the following: Ningbo-Zhoushan (China), Shanghai (China), Nansha (China), Yantian (China), Tanjung Pelepas (Malaysia), Colombo (Sri Lanka), Tangier (Marroco), Hamburg (Germany), Antwerp (Belgium), Le Havre (France), Felixstowe (UK),
ONE upgrades Scandinavia service Ocean Network Express (ONE) has decided to upgrade its Swedish Danish Service (SDS), adding a direct call to/from Halmstad in Sweden and Aalborg in Denmark. ONE believes the addition of the two ports will enhance the company's coverage within the Europe region and provide its customers with direct options between Sweden and Denmark, and Europe base ports. ONE said the updated rotation of the serv
OrbitMI harnesses data-sharing power of Veracity by DNV OrbitMI's reporting tool is being integrated with DNV's cloud platform Veracity to help ship owners and operators comply by allowing reliable emissions data to be shared with regulators and stakeholders. Stena Bulk is the first shipping firm to use the new DNV-developed digital ecosystem, that houses verified operational data from over 10,000 vessels and has over 300,000 users, including ship own
SCFI drops again as Transpacific overcapacity overrides labour disruptions, Panama Canal limits The Shanghai Containerised Freight Index (SCFI) slipped again on 9 June as weak utilisation on the Transpacific saw liner operators cutting rates on both the US West Coast and East Coast routes, erasing all of the gains made in the previous two weeks. Shanghai-US West Coast freight rates fell 17% from 2 June to US$1,388/FEU, while Shanghai-US East Coast rates lost 8% to US$2,435/FEU. Linerlytica'
HMM launches first direct connection between Indonesia and Latin America HMM's service connecting the Far East, India, and Latin America (FIL) made its first call at the port of Tanjung Priok in Jakarta, Indonesia on 8 June. South Korea's major ocean carrier launched the FIL service in December 2021 and recently added the port of Jakarta to the following port rotation: Busan (South Korea) - Shanghai (China) - Ningbo (China) - Shekou (China) - Jakarta (Asia) - Singapor
Evergreen connects 1,000 new reefers to the internet Evergreen Marine Corp. has decided to enhance its latest reefer injection of 1,000 Star Cool Units from Maersk Container Industry (MCI) with a monitoring tool, after a successful year-long connectivity trial of the Sekstant reefer monitoring solution. "By equipping Star Cool reefers with the Sekstant monitoring solution, we are able to offer our customers even more control over their equipment. W
Maersk secures green methanol for maiden voyage of first methanol-enabled container ship Maersk has successfully secured green methanol for the voyage of the world's first methanol-enabled container vessel, a 2,100 TEU feeder boxship. The Danish ocean carrier has signed a deal with Dutch producer OCI Global on the delivery of green bio-methanol for the journey. The 21,500 km trip from Ulsan, South Korea to Copenhagen, Denmark will provide real operational experience for Maersk seafar
Port of Brisbane secures sustainability linked financing The Port of Brisbane has agreed to terms on a AUS$500 million sustainability-linked loan, to be financed by a syndicate of ten banks. The loan aims to be executed under the port's sustainability financing framework and will also be linked to key performance indicators (KPIs) across three important areas, namely emissions reduction, biodiversity, and mental health first aid. The sustainability lin
Valenciaport takes over the chairmanship of MEDports Cooperation & Partnership Committee The MEDports association selected Valenciaport as a reference centre in the maritime transport sector for the development of digitalisation, training, and cooperation plans. MEDports, an organisation made up of 25 Mediterranean port authorities, held a general assembly in which its reorganisation was approved and in which Manuel Rodríguez, head of International Relations and European Policies, wa
Agribusiness giants to merge in $18bn deal US agribusiness Bunge has agreed to merge with Glencore-backed Viterra in an $8.2bn stock and cash transaction.
Wind-assisted propulsion for VLCCs and LNG carriers gets stamp of approval French class society Bureau Veritas has awarded an approval in principle to a wind-assisted ship propulsion (WASP) system on a VLCC and an LNG carrier.
UK offshore wind pipeline approaches 100 GW mark UK's total pipeline of offshore wind projects now stands at nearly 100 GW according to new research published by RenewableUK. Data from the industry trade association's EnergyPulse market intelligence showed a project pipeline of 97,944 MW, up from 91,287MW a year ago. This adds to the global pipeline which topped 1.23 TW, an increase of ...
Martijn Schouten takes helm of restructured Vroon Dutch shipowner Vroon has completed its financial restructuring and will move forward with new management in place. Starting June 15, Martijn Schouten will join Vroon as the new chief executive officer. Schouten has held various international board, commercial and mergers and acquisitions roles at IHC. After leaving IHC in 2016, he became the CEO of ...
Procopiou's Dynacom expands orderbook with VLCCs and bulk carriers in China George Procopiou's Dynacom has been hard at work putting its strong tanker earnings to good use, with both dry bulk and tanker newbuilds contracted in China. According to shipbroker Allied, Dynacom has signed for a pair of very large crude carriers (VLCs) at New Times Shipbuilding and eight 85,000 dwt bulkers at CSSC-affiliated Huangpu Wenchong ...
Swedish scrubber discharge study makes case for stricter regulations Some 42 months after the global sulphur cap became law, researchers continue to uncover the enormous damage scrubbers are doing to the world's oceans. A new study from Chalmers University of Technology in Sweden focusing on four ports calculated that water discharged from scrubbers accounted for more than 90% of the contaminants found in water ...
Macron seeks to form carbon levy coalition ahead of MEPC 80 France is rallying support for a global carbon tax on the shipping industry ahead of a summit hosted by President Emmanuel Macron later this month. Macron is understood to be searching for allies to issue a joint demand on members of the International Maritime Organisation to agree on such a charge at the organisation's upcoming summit ...
Over 900 Norwegian offshore drillers could strike from June 29 Over 900 workers on offshore drilling rigs and other facilities will go on strike on June 29 unless a new wage deal is made.
Biden acts to resolve US west coast port disruptions President Joe Biden has acted, dispatching his labour secretary to California in a bid to thrash out a pay deal between employers and dockworkers amid an escalating ports crisis along the west coast of North America. Sporadic walk-outs over the past 11 days have damaged productivity at many terminals in the US after unions, exasperated ...
Crane collapses on bulk carrier in Turkey A ship repair yard in Turkey will be out of action for a while following a floating dock accident that led to one crane collapsing on a Liberian-flagged bulk carrier . The incident took place at Çindemir Shipyard in Tuzla while the 30,600 dwt ship was under repairs. Multiple videos showed the dock tilted for ...
HMM makes $233m bid to buy back Hyundai LNG Shipping HMM, South Korea's flagship carrier, has made a bid to reenter the gas trades, tabling KWN300bn ($233m) to take over its old company, Hyundai LNG Shipping. HMM has been keen to diversify its earnings base and with the local private equity owners of Hyundai LNG Shipping putting the company for sale, the cash-rich liner has ...
Master of wrecked bulk carrier handed suspended sentence in Gibraltar The captain of the wrecked bulk carrier was given a suspended four-month sentence at a court in Gibraltar yesterday, accused of being negligent. Captain Abdelabari Kaddura will wait to find out if he is hit with further pollution charges later this week. Meanwhile, after much weather delays, the operation to remove the wreck is now ...
FMC takes action to ensure carriers cannot unreasonably turn down business Emboldened with greater powers since the introduction of the Ocean Shipping Reform Act last year the Federal Maritime Commission (FMC) in Washington DC has unveiled proposed changes in rule making for carriers attempting to turn away cargoes. During the covid pandemic, carriers were strongly criticised by shippers for their decision to turn away certain business ...
New offshore rigs on the horizon with floater utilization now past 85% With active floater utilization now at over 85 percent, the construction of new offshore rigs could be on the horizon, Wood Mackenzie said.
Shelf Drilling jackup in India evacuated ahead of cyclone The Indian Coast Guard (ICG) evacuated 50 people from a jackup drilling rig off the coast near Dwarka amid strong winds and high tide conditions in the Arabian Sea in preparation for a severe storm likely to hit western India and southern Pakistan this week. The 1982-built Shelf Drilling rig has been operating for Cairn ...
Leaks from sunken vessels tipped to hit record highs There are an estimated 3m sunken and abandoned vessels in the ocean, over 8,500 of which are classified as potentially polluting wrecks, according to a recent study from the International Union for Conservation of Nature (IUCN). The majority of these wrecks date back to World War I and II and contain harmful chemical pollutants, unexploded ...
Siem Offshore PSV duo staying with TotalEnergies in Brazil Siem Offshore has been awarded further contract extensions by TotalEnergies for two of its PSVs working in Brazil.
Growing number of seafarers reporting abuse, bullying, harassment and discrimination Data from the International Seafarers' Welfare and Assistance Network's (ISWAN) helplines show that number of seafarers reporting abuse, bullying, harassment or discrimination increased by almost 50% in Q1 compared to the previous quarter. ISWAN has released the first in a series of quarterly infographics sharing data from its helpline services, providing the maritime sector with ...
Maersk selects OCI Global to supply methanol for landmark maiden voyage of new ship Green methanol provider OCI Global has announced it is fuelling the first-ever methanol-powered containership in a new partnership with A.P. Moller-Maersk. OCI will provide ISCC-certified green biomethanol to power the maiden voyage of Maersk's first dual-fuelled containership. The vessel leave
Costs to rise for dry bulk shipowners Owners are still beset by uncertainty over which future fuel to invest in for new vessels and while they wait...
Box market has already returned to normal after pandemic chaos Any impacts from the pandemic have now worked their way out of the market. Anyone waiting for the market to...
Shipmanager fined $1.25m in US pollution case The Department of Justice says illegal discharges from multipurpose cargoship, formerly known as Donald, were not properly recorded and its...
Grimaldi wins tender for Heraklion port National privatisation agency sees 'high' price as underlining strong interest among international investors
Hong Kong Convention not over the line yet as Bangladesh nears ratification Move would keep alive prospect of global standards for recycling and potentially avert significant market disruption
Bulk carrier hit by crane while under repair at Tuzla Vessel suffered minor damage after a crane collapsed when the floating dock it was anchored alongside sank
Some owners skipping Black Sea war risk cover Negative outlook for marine insurance niche, but rising tensions in world politics may soon reverse trend
Stakes raised for North America's supply chains as ILWU Canada votes to strike A strike at Canada's west coast ports at the end of the month raises the risk posed by continuing and...
Lloyd's Register further reduces dark fleet exposure amid reports of sanctions breaches Lloyd's Register now classes 13% of the dark fleet of tankers, as defined by Lloyd's List, down from 17%, after...
Hull & Machinery rising steadily in year to date, Gard reports Increased capacity - as insurers that had abandoned niche in recent years re-engage with the product - moderating upward pressure
Monjasa boosts owned bunker tanker fleet with modern secondhand tonnage An 8,000 dwt bunkering tanker has been purchased from Singapore's Consort Bunkers for utilisation in emerging Middle East biofuel activities...
Samsung Heavy sets up new R&D centre in Busan Samsung plans to hire more than 200 staff a year to work on hull and structural, as well as electrical...
Daily Briefing Delaying IMO action will increase decarbonisation costs and risk fragmented regulation, UN warns | SGX looks to develop the BDI...
Chinese blockade of Taiwan would pose big risk to shipping, Dryad warns Report examines potential fallout from political flashpoints and piracy hotspots worldwide, including Libya, Iran, Yemen, the Gulf of Guinea and...
TRAC, DCLI throw support behind new South Atlantic chassis pool Two major chassis lessors have committed to spending hundreds of millions of dollars to inject high-quality equipment to haul containers in five southern states.
Norfolk Southern gets $5 million grant to improve Detroit intermodal ramp Norfolk Southern is a step closer to consolidating its Michigan intermodal business at one site after receiving a grant from the state for improvements at the Livernois yard.
Ro/ro vessel capacity to remain tight with EV, heavy equipment growth: Wallenius CEO Rising auto and heavy equipment sales are keeping roll-on/roll-off vessels at maximum utilization, and the CEO of Wallenius Wilhelmsen warns the market will remain tight for years.
Ocean carriers guarding their digital gates as visibility requests increase A proliferation of visibility vendors amid increased demand for container status events is putting pressure on the websites of carriers to support multiple requests for the same data.
Tanker owners surprised to be hit with Nigerian back tax claims Some shipowners threaten to no longer trade in African country after receiving notices to replenish state coffers in Lagos
Cargill Ocean reports carbon dip driven by 'more sluggish economic environment' Shipping unit of agricultural giant Cargill reports greenhouse gas footprint that is still above its Sea Cargo Charter targets
Shipowners applaud Bangladesh for adopting recycling convention Shipping close to enforcing the first international convention on recycling
Looming tanker tonnage crisis could extend life of ships, says Socatra's Laurent Bozzoni London conference hears that 27% of the larger tanker fleet is aged more than 15 years
Hapag-Lloyd's decarbonisation dilemma: will shippers pay to go green? Biofuel will test whether shippers are prepared to pay for zero-carbon shipping
Viewpoint: Why ammonia will accelerate autonomy, usher in a new safety era and reshape shipping Maritime industry fails to appreciate how overcoming ammonia's toxicity will transform the sector, believes CEO of the American Bureau of Shipping
Eastern Pacific wraps up charters of 10 container ships to CMA CGM The latest deal leaves Singapore owner with a fully chartered container ship orderbook
Digital natives: Klaveness' Generation Z is coming to change shipping Interns Joanna Woo and Shaun Ong explain how the industry must adapt to meet its challenges
In pictures: Heavy-hitters tackle the big issues at TradeWinds forum at Nor-Shipping Insight from key names at shipping's biggest event of the year
X-Press Feeders Group moves into aframax product tanker segment Shipowning arm has one LR2 in the water and one newbuilding on order in China
'New Vroon' starts life with fresh CEO as $1bn financial restructuring completed 'All lights green' as refinanced Dutch owner begins new era under bank control
X-Press Feeders Group moves into the aframax product tanker segment Its shipowning arm has one LR2 in the water and one newbuilding on order in China
Counter-cyclical Greeks pounce on capesizes as dry bulk values wobble After profitable tanker sales, Chartworld Shipping is linked to the acquisition of a six-year-old Chinese capesize
VLCC rates climb again as Middle East volumes hold firm Saudi Arabia is due to cut production next month to bolster oil prices
Chevron books first 2028-delivering South Korean-built LNG carriers Energy major looks set to go it alone with direct ownership of latest newbuildings
Clarksons says offshore wind ship orders to hit $7.8bn this year, but is it enough? More countries are going to need bigger newbuildings, according to analyst
Guangdong Yudean Shipping selects CSSC's Chengxi to build bulker duo State-owned company orders kamsarmaxes worth $71.5m
Northern Shipping sells three container ships to Global Feeder Shipping German tonnage provider also sells two boxships to Messina Line
Jan De Nul charters out world's biggest jack-up WTIV for four years Deal also in place with RWE for Belgian owner's other new vessel
Counter-cyclical Greeks pounce on capesizes as bulker values wobble After profitable tanker sales, Chartworld Shipping is linked to the acquisition of a six-year-old Chinese capesize
John Fredriksen back in offshore shipping as he commits $23m to DOF IPO Tycoon taking nearly half of stock on offer as restructured shipowner launches listing bid in Oslo
Anti-LNG campaign blasts CMA CGM and TotalEnergies pre-IMO June meet Group wants to see methane emissions included in IMO's climate targets and not just CO2
CSSC Shipping expands into cruise ships with leasing deal to compatriot Hong Kong-listed leasing company agrees five-year deal for newbuildings with Hangzhou Three Rivers
Final four North West Shelf LNG carriers offered for sale - again Third time lucky for rest of Australian fleet in market of heightened values for some secondhand tonnage
Confusion reigns as labor dispute 'fog' blankets West Coast ports "Patience is wearing thin. Neither side imagined it would take this long," says the head of the Port of LA on dockworker contract talks.
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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