Danica office damaged in Russian missile attack on Odesa As Russia continues its attacks on civilian targets in Ukraine, four Kalibr missiles were launched last night at Odesa, one of the ports in the Black Sea Grain Initiative. In a LinkedIn
Silver Ships books $48.25 million Navy target boat contract Theodore, Ala., based aluminum boat builder Silver Ships has recently been awarded a $6.1 million firm-fixed-price General Services Administration (GSA) contract for the construction and delivery of up to 246 High-Speed Maneuvering
Overreliance on ECDIS seen as factor in cruise ship strike on Alaska pier In its report on a May 9, 2022, incident that saw a Royal Caribbean cruise ship strike a cruise terminal pier causing $2.1 million in damage, the National Transportation Safety Board identifies
WinGD introduces new VCR engine technology Winterthur, Switzerland, headquartered engine designer WinGD has introduced an engine technology that, it says, for the first time eliminates the need for ship operators to compromise on optimal combustion when using multiple
DP World's SeaRates partners with C P World DP World's SeaRates has integrated with C P World aiming to help digitise global trade and provide more choices for smaller cargo owners and freight forwarders globally. SeaRates can now provide enhanced real-time container availability and pricing information, empowering shippers to compare rates across a broader range of ocean carriers. By optimising container space, the company also enables co
HHLA TK Estonia unveils largest solar park in Muuga Harbour and expansion plans HHLA TK Estonia, a subsidiary of Hamburger Hafen und Logistik AG (HHLA), has constructed the largest solar park in Estonia's Muuga Harbour and has plans to expand it further in the near future. "With the completed solar installation, we aim to generate up to more than half of our total electricity consumption ourselves in a sustainable way. Combining the daytime loading operations of our dual pow
London court fines British firm around US$1 million over Beirut blast London court has ordered a British-registered company Savaro to pay over GB£800,000 (US$1 million) in compensation to the victims of the Beirut port explosion on 4 August 2020, when more than 220 people were killed after a huge shipment of ammonium nitrate fertiliser that had been sold by Savaro exploded. The information was confirmed on 12 June by a group of lawyers in Lebanon in the first verdi
DP World invests heavily in fully electric equipment at London Gateway DP World has confirmed an investment of £12 million (US$15.2 million) in eight new electric straddle carriers that will be used in the new fourth berth at its London Gateway logistics hub. DP World highlighted that the new machines will be part of the first all-electric fleet in the world to go into commercial operation at a port. Each straddle carrier, which moves containers handled by the quay
Global Ports enhances Yanino terminal equipment fleet Russia's major container terminal operator Global Ports Group has commissioned a new reach stacker and a front loader at its inland terminal Yanino logistics park near Saint Petersburg. Yanino Logistics Park is a multifunctional logistics facility located in the Vsevolozhsk district of the Leningrad region, in the vicinity of Saint Petersburg. The reachstacker at Yanino is used for handling vario
First Hapag-Lloyd boxship calls at Container Terminal Wilhelmshaven under FE2 service rotation Since April 2023, JadeWeserPort in Wilhelmshaven, Germany has been part of the regular rotation of the FE2 service in the sailing schedule of the partners in THE Alliance, Hapag-Lloyd, Ocean Network Express, Yang Ming and HMM. Hapag-Lloyd's 20,000 TEU Al Zubara made the first-ever call of a Hapag-Lloyd-owned vessel in the FE2 service at the Container Terminal Wilhelmshaven (CTW) on 13 June. Joerg
Peel Ports announces significant upgrade investment in Liverpool's Gladstone Lock Peel Ports Group has invested over US$12.5 million in new outer lock gates at the Port of Liverpool to increase resilience in the United Kingdom's port. The new gates will be important in allowing local vessels to navigate safely, enhancing reliability, and improving operational efficiencies for port users. Gladstone Dock has been serving ships for over 95 years, with the initial construction fin
Port of Long Beach mitigates container declines in May During the first five months of 2023, the Port of Long Beach handled 3,135,600 TEUs, a 24.8% decline from the same period in 2022. Loaded imports declined by 28% to 1,472,626 TEUs, while, on the other hand, loaded exports rose 0.9% to 600,586 TEUs. Meanwhile, the Port of Long Beach had its best month in 2023 in May, bolstering mid-year prospects for an upward trend in volume. Last month, dockwork
Patrick Terminals Brisbane AutoStrad receives new Liebherr semi-automated crane Patrick Terminals Brisbane AutoStrad in Australia recently acquired a new cabinless ship-to-shore container crane with advanced automation capabilities from Liebherr Container Cranes. This cutting-edge crane was recently installed at Brisbane AutoStrad and is currently handling container vessels and automated landside activities. The crane is highly automated and uses Liebherr's Remote Operator S
CMA CGM applies overweight fee from India to Europe CMA CGM has decided to implement a new overweight surcharge (OWS) from the North West Coast of India to Scandinavia, Poland & Baltic, North Europe, Black Sea, East & West Mediterranean and North Africa. The new additional fee of US$100 per TEU with a container gross weight over 22 tons will be applied only to dry cargo and will be effective from 1 July (loading date). The post appeared first on
Office vs. Remote work: How to make the right choice? After the coronavirus pandemic began, people were forced to move to remote work because of the mode of distancing and social isolation. Many people had to adapt to the new working method for safety reasons. At present, such a rigid structure is no longer necessary. Nevertheless, even after the end of the social distancing regime, many businesses and companies began to move employees to permanent
Maersk orders 25 Volvo electric trucks in Germany Maersk has announced the purchase of 25 Volvo FH trucks in Germany aiming to reduce greenhouse gas (GHG) emissions in hinterland container transports. The first two vehicles are planned to be delivered by Volvo Trucks in the fourth quarter of 2023 and the last in the first quarter of the next year. The purchase of fully electric trucks is supported by the German Federal Ministry for Digital and T
US West Coast port contract negotiations continue, Biden Administration engaged in discussions The negotiations between the Pacific Maritime Association (PMA) and the International Longshore and Warehouse Union (ILWU) about the new collective bargaining agreement for more than 22,000 workers at 29 US West Coast ports are continuing. ILWU stated it "remains committed to bargaining a contract that is fair and equitable and represents the hard work and contributions of its members toward the
Port of Los Angeles reports weaker container volumes Container volume at the Port of Los Angeles increased in May, with the Californian port handling 779,140 TEUs last month. While this is translating to a drop of 19% compared to last May, at the same time, it represents a 60% increase in box throughput since February. More specifically, in May 2023, the loaded imports reached 409,150 TEUs, down 18% compared to the previous year. Additionally , loa
UK estimated to gain over 100,000 offshore wind jobs by 2030 A new report released by the Offshore Wind Sector Council (OWIC) is predicting a significant increase in jobs in the UK offshore wind sector by 2030 - with forecast jobs exceeding 100,000 for the first time. Almost 70,000 additional workers are needed for offshore wind over the next seven years to manage the expected project ...
Danica falls victim to Russian missile attack on Odesa Offices of Ukrainian crewing specialist Danica Maritime Services in Odesa were damaged during a 'severe missile attack' by Russian forces.
IEA sees another tanker trade overhaul on horizon A consistent increase in Atlantic Basin crude export volumes to Asia over the next five years will have as far-reaching repercussions for crude oil shipping as the shift in Russian crude exports, the International Energy Agency said. The Paris-based intergovernmental organization said it expects crude and product trade flows to expand in the medium term, with the ...
Yara and Cepsa link up for hydrogen shipping corridor between Spain and Netherlands Yara Clean Ammonia, part of Norwegian ammonia and fertilizer manufacturer Yara, has partnered up with Spanish energy firm Cepsa to establish a green hydrogen shipping corridor between the Spanish port of Algeciras and the Dutch port of Rotterdam. The partnership envisages Yara Clean Ammonia (YCA) supplying Cepsa with clean ammonia volumes allowing the Spanish firm ...
BASF developing onboard carbon capture system with CSSC CSSC Power and BASF have teamed up to develop an onboard carbon capture system for commercial maritime applications.
Port of Melbourne sets net zero targets for 2030 Port of Melbourne has set a target to achieve Scope 1 and 2 net zero emissions for port operations by 2030.
Clarksons wins Moray West wind farm contract Clarksons' port services business has won a contract from Ocean Winds to support its Moray West offshore wind project in the Moray Firth, Scotland. The contract marks a first for Clarkson Port Services in terms of working directly with developers, the company said. The deal will see the company provide port agency services on the ...
Commodities giants commit to Geneva Dry Geneva Dry, the global dry bulk event, scheduled for May 2 and 3 next year, is shaping up fast. Designed to bring every rung of the dry bulk supply chain under one roof to hammer out deals and seek collaborative solutions for the sector, a host of commodity giants have agreed to speak at the ...
White House hails progress made in US west coast port contract negotiations The White House has hailed progress made in California this week to resolve the impasse between dockworkers and employers at US west coast ports. Under pressure from a host of business groups, president Joe Biden sent his acting labour secretary, Julie Su, to San Francisco on Monday for talks with employers group, the Pacific Maritime ...
MOL agrees LNG newbuild charter with JERA Japanese shipowner Mitsui OSK Lines (MOL) has sealed a long-term charter deal with compatriot power generation major JERA for a newbuild LNG carrier. The 174,000 cu m vessel will be built at the Geoje Shipyard of South Korea's Hanwha Ocean, formerly known as Daewoo Shipbuilding & Marine Engineering, for delivery in 2025 and managed by ...
London court orders British firm to pay $1m compensation in Beirut port explosion case A court in the UK has ordered a British firm to pay $1m in compensation to some of the families impacted by the 2020 explosion which ripped apart the port of Beirut. London-registered chemical trading firm Savaro was responsible for delivering the ammonia nitrate that exploded in the port three years ago, killing more than ...
Chief engineer convicted in pollution case A chief engineer of a general cargo ship is facing potential jail time after being convicted by a jury in the US in a pollution case.
Aker Solutions seals Equinor subsea deal Norway's Aker Solutions has been lined up for a new contract by fellow energy major Equinor to provide a subsea production system and control umbilical for the Eirin field development in the North Sea. The final contract award worth between NOK500m ($46.5m) and NOK1.5bn ($139.3m) is subject to Equinor and partners' approval and final investment ...
Rare deal for young cape sealed Herun China Shipping has sold a modern capesize, offloading the six-year-old, 181,100 dwt Herun Zhoushan for $41.5m. Greece's Chartworld Shipping has been linked to the acquisition. This is a rare deal, as no traditional-sized capes this young have been sold this year. While a few modern ore carriers have changed hands in 2023, mostly ...
Sea Cargo Charter seeks shipowners to sign up The Sea Cargo Charter, a global framework for assessing and disclosing the climate alignment of chartering activities, is seeking more shipowners to come onboard the green movement. Signatories to the charter released an annual report yesterday covering 2022, showing the disclosure of emissions data from shipping companies' activities. The emissions data for last year showed ...
Semco and PTSC secure work on Polish 1.5 GW offshore wind project Semco Maritime and PTSC Mechanical & Construction (PTSC M&C) consortium has won an engineering, procurement and construction (EPC) contract from PGE Group and Ørsted for four 375 MW offshore substations for the Baltica 2 offshore wind project in the Southern part of the Baltic Sea. The contract for the wind farm, located some 40 km ...
Iberdrola forming hydrogen corridor to the Netherlands Dutch Gasunie, ACE Terminal, and Spanish energy company Iberdrola have joined forces to create a hydrogen corridor between Spain and the Netherlands.
Imoto Lines moves for three resales Japanese domestic liner Imoto Lines has moved to acquire three resales. Alphaliner reports Imoto has taken three 1,096 teu ships being built by Japan's Kyokuyo shipyard, which had been ordered originally by China's StarOcean Marine. Imoto is reported to be paying $26m per ship for the resales. All ships deliver this year and will stand ...
Grimaldi to take over Heraklion port Italy's Grimaldi Group is bolstering its footprint in Greece. The company, which owns Minoan Lines, has been selected as preferred bidder for Crete's top port, tabling €80m ($86.4m) for a 67% stake in the Heraklion Port Authority in the latest phase of Greece's port privatisation process. Last year Grimaldi was selected in a €84.7m deal ...
OCIMF begins phased roll-out of new SIRE 2.0 tanker inspection programme The Oil Companies International Marine Forum (OCIMF) has begun the phased roll-out of its new digitalised tanker inspection programme, SIRE 2.0, which will replace the existing Ship Inspection Report Programme (SIRE) used by the marine industry to assess a vessel's condition and operational standards. SIRE 2.0 is being rolled-out in four phases, with Phase 1 ...
ILWU and PMA announce long-awaited tentative agreement on new west coast labour contract After more than a year of protracted talks and amid a recent spate of coastwide disruptions, leaders from PMA and...
OceanPal remains in red for first quarter Diana spin-off recently implemented reverse stock split
EU needs €13bn if it is to achieve 5% renewable marine fuels by 2030, environment lobby says Bloc's policy makers have been intensifying efforts to reduce shipping emissions with a range of measures that include the European...
P&I consolidation: that's it for now, predicts Gallagher Owners should brace for fifth year in succession of hefty rate hikes at next renewal round, marine broker warns
Small fleet exclusively employed in Mariupol trade Two ships cannot only be tracked heading towards the port of Mariupol, but are now actively signalling the illegally occupied...
Tanker tonne-miles gaining despite IEA's peak oil forecasts Demand for seaborne freight to grow by 3% annually from 2022 to 2028, according to latest mid-term outlook from the...
Boxship values stable on limited sale and purchase activity Containership sale and purchase activity is focused on smaller tonnage with Asian buyers dominating the market
VLCCs surge as Asian demand picks up Activity to ship crude barrels from the Middle East is said to have picked up as demand from Asia rebounds...
Climate alignment data shows modest progress for 2022 The number of signatories of the Sea Cargo Charter rose to 33 last year and the overall score of companies' alignment...
World's largest FSRU receives first LNG cargo in Hong Kong FSRU will be operated under a long-term charter to Hong Kong LNG Terminal, a joint venture by two local power...
Shipping needs to aggregate demand for future fuels Shipping will only be a relatively small user of future fuels. To ensure supply, it needs to coalesce with customers...
We can achieve a bold, ambitious climate strategy, says IMO secretary-general The pivotal MEPC80 meeting at the IMO will, in effect, set the tone and timing of the regulatory agenda for...
MOL pens fifth LNG carrier charter contract with JERA The 174,000 cu m vessel will be built by Hanwha Ocean, formerly known as Daewoo Shipbuilding & Marine Engineering, with...
Fredriksen clean energy SPAC closes with no deals Speculation that Fredriksen had spotted lucrative opportunities in the decarbonisation tech space have amounted to nothing
Green Charter initiative targets systemic charterparty inefficiencies Systemic change is the only way to hit shipping's decarbonisation goals, says Nautilus Labs chief executive Matt Heider. The way...
Fire breaks out on tanker in Singapore port The cause of the two-hour blaze has not yet been identified. Port operations and vessel traffic were unaffected
HMM confirms bid for Hyundai LNG Shipping amid growing opposition to foreign ownership The Won300bn ($230m) price on offer is said to have exceeded the levels quoted by foreign bidders
Port of Los Angeles volumes continue rising but outlook complicated by labour issues Port of Los Angeles executive director Gene Seroka says the ports' data suggests labour disruption have had 'minimal impact' on...
Daily Briefing Hong Kong Convention not over the line yet as Bangladesh nears ratification | Some owners skipping Black Sea war risk...
USWC talks notch some progress, but random job actions continuing Minor progress in West Coast longshore talks came as ports operated without significant disruption on the first shift Wednesday, but were not completely spared some measure of labor action by workers.
Teamsters, UPS agree on heat safety measures as contract talks continue Air conditioning, heat shields and air intake vents are coming to UPS package cars as the Teamsters and their largest employer move closer to a tentative five-year labor agreement.
Temperature-controlled intermodal provider Tiger Cool closes: source Tiger Cool Express was an innovator in the intermodal industry, one of the first to fully embrace containerized reefer intermodal when it began ramping up operations in late 2013.
Indian container flow hit by port capacity strain, cyclone disruptions More supply chain disruptions are imminent for Indian containerized trade as Cyclone Biparjoy, a storm that is expected to make landfall Thursday, has now forced major ports on the western coastline to shut.
Dynamic pricing helps LTL trucker boost volume in soft market Flexible transactional pricing is helping ArcBest LTL subsidiary ABF Freight increase shipment volumes and attract new shippers despite reduced demand from core customers.
Sinokor's Tae Soon Chung backs gender push as South Korea launches latest carbon cut initiative Two crucial issues facing global shipping face scrutiny at this year's Korea Maritime Week ahead of crunch IMO negotiations
Crowley's carbon emissions rise for second straight year as it aims for net zero by 2050 But its carbon intensity, based on revenue earned, has declined since 2020
'New Vroon' starts life with fresh CEO after wrapping $1bn restructuring 'All lights green' as refinanced Dutch owner begins new era under bank control
Nine things we learned under the blazing sun at Nor-Shipping 2023 It is all about tankers, investment cash hunting the right deal and how to take the opportunity of decarbonisation
Shell zones in on Prelude FLNG's 'challenging' performance as it boosts LNG production Major's LNG portfolio set to expand by one third by 2030 as supply from Qatar, Nigeria and Canada comes onstream
Cargill's Dieleman on methanol fuelling piggybackers: 'That's exactly what we wanted' Dry bulk shipping giant Cargill Ocean Transportation is only in talks for one or two more bulkers to use alternative fuel
Modernising tanker fleet for 2030 will 'need $129bn investment' Increasing costs of retrofitting and renewing older tankers come at a time of global economic headwinds
Pacific International Lines bags Danaos neo-panamax container ship trio Singapore-based liner operator continues its comeback with forward fixtures of 13,000-teu vessels
Shipping's iron man brings in the gold for child cancer research Giveans competed previously as lead shipping equity analyst at Jefferies before his April 2022 hire
United Product Tankers balances opportunity and risk in transformed clean market Columbia Group pools operator is bullish on sector despite current slower period
Danica crewing office damaged by Russian rocket attack in Odesa Apartment owned by boss Henrik Jensen is in the same building
Hafnia orders methanol MR newbuildings against charters with TotalEnergies Shipowner linked to contracts for up to four dual-fuel product carriers
GC Rieber plots wind farm fleet expansion beyond initial four ships CEO also explains why Shearwater stake is being given to shareholders rather than sold
Yara and Cepsa to launch hydrogen shipping corridor between Spain and Netherlands Companies also team up to ship ammonia for use in central Europe
Can this technology company transform charter contracts to cut fuel? Nautilus Labs introduces Green Charter aimed at bringing data collaboration to shipping's legal frameworks
Shell to grow its gas business and cut methane emissions to near zero Oil and gas major said it will have an 'enhanced focus on performance, discipline and simplification'
Stove Shipping sells last vessel in deal with Gearbulk Tidemand family shipowning outfit is evaluating alternative-fuelled newbuildings after sales
'Low culpability': OS 35 master avoids jail for Gibraltar bulker wreck Supreme Court hands Abdulbar Kaddoura suspended sentence following incident last August
WFW confirms Piraeus Bank raid on chunk of HSBC shipping loans Greek lender has acquired $265m-worth of loans in 'complex' transaction spanning several jurisdictions
Interunity chief engineer faces jail after US pollution conviction Officer found guilty of obstructing justice
Tanker trade faces new shake-up to rival Russian upheaval, says IEA Demand from Asia will be fulfilled by supplies from Atlantic Basin in boost to long-haul trading
Cleaves tips Ardmore shares to double as bank initiates coverage Product tanker owner has significant potential to grow as fundamental factors paint rosy picture
MOL inks long-term charter deal with JERA on one of its LNG newbuildings Hanwha Ocean-building vessel is scheduled for handover to Japanese trader in 2025
Crane collapses on to Armador bulk carrier in Turkey Vessel undergoing repairs in Tuzla may now need some more
D'Amico shareholders clear the way for $48.5m buyback and reverse stock split Italian tanker owner taking steps to boost share price while keeping options open for return of capital
Shipping's future still 'very much human' as Wallem focuses on fundamentals After 120 years, the Hong Kong shipmanager with Norwegian roots still finds people and relationships paramount
Modern Japanese VLCC caught in Singapore tanker safety clampdown Large tanker found to have deficiencies related to ISM, fire safety and working conditions
Global Maritim product tanker blaze extinguished in Singapore Prompt action from local emergency response services saw blaze on Rosa Dini put out within two hours
Singapore OSV player CH Offshore faces eviction from SGX Company has up to 36 months to improve its financial performance or face delisting
'Cargo is flowing' despite union disruptions, Port of LA chief says Unionised dockworkers accused of disrupting US West Coast port operations for months
Sea Cargo Charter calls for action as report shows shipping's climate alignment stuck in neutral Reporting body featuring big chartering and shipowning names wants more ambitious decarbonisation targets to be set
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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