Miss Outre-Mer: New Incat Crowther ferry for Guadeloupe operator The PT Kim Seah Shipyard in Indonesia, a subsidiary of Singapore's Penguin International has delivered a new Incat Crowther designed 36-meter passenger ferry, the Miss Outre-Mer, to Guadeloupe-based ferry operator CTM Deher.
First turbine installed at South Fork Wind New York Gov. Kathy Hochul on Monday announced the completion of installation of the first offshore wind turbine for Ørsted and Eversource's South Fork Wind, marking a historic milestone for New York's
New Danica survey shows seafarers' pay is up Seafarers' pay is rising by at least 10% as the crew employment market tips in the favor of seafarers, according to findings in the just-released 2023 Seafarers' Survey from Danica Crewing Specialists.
NYK Lines car carrier Galaxy Leader hijacked The Galaxy Leader, a Bahamas-flag car carrier leased by Japan's NYK Lines has been hijacked by Iran-affiliated Houthi militia, who described it as "an Israeli ship," and taken to a Yemeni port.
Port of Savannah handles 449,000 TEUs in October The Port of Savannah handled 449,000 TEUs in October, making it the port's fourth busiest month ever and achieving a 5% increase over the same month in 2019, the most recent year not affected by the pandemic. Containers handled by rail increased by 9% in October at Garden City Terminal, increasing by roughly 4,000 containers to 47,750 TEUs. Rail freight at the Appalachian Regional Port increased
Gulftainer extends concession deals for two UAE box terminals Gulftainer, a regional port and terminal operator and provider of supply chain and logistics solutions, has extended its concession agreements with the Sharjah Ports, Customs and Free Zones Authority for another 35 years, reinforcing the shared mission of transforming the UAE's supply chain and logistics industry at Sharjah Container Terminal and Khorfakkan Container Terminal in the Northern Emir
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CMA CGM finally engages in scrapping French ocean carrier CMA CGM is scrapping a ship for the first time since the Covid-19-fuelled container shipping boom ended. The 2003-built, 1,118 TEU feeder vessel, CMA CGM Tanger, owned by the French carrier's Moroccan subsidiary, Compagnie Marocaine de Navigation (Comanav), has been sold for an undisclosed price, for recycling in Turkey. The Marseille-based company acquired Comanav in 2007, a
Duty-unpaid cigarettes found in container in Nansha Nearly 400,000 sticks of contraband cigarettes were uncovered in an outbound container in Nansha, a sub-port of China's Guangzhou port. Guangzhou customs said on 17 November that on 2 November, inspectors became suspicious as the container was declared to be carrying plastic items, but X-rays indicated the presence of long and bulky objects. After opening the container, the customs officers found
US West Coast imports up as East Coast and Gulf ports suffer US West Coast ports saw a relative increase in import volumes compared to their East and Gulf Coast counterparts with a 12.7% month-on-month increase compared to a 5.1% decrease for the Eastern ports. West Coast imports saw a surge through Long Beach which saw a 23.6% increase while a decrease of 16.5% in Savannah imports were the major movers on each coast. "We are now back into a period without
Yang Ming receives 2,000 new reefer boxes Carrier Transicold provided 2,000 PrimeLINE refrigeration units, featuring its Lynx Fleet digital solution, to Yang Ming Marine Transport Corp. With this new addition to its refrigerated cargo fleet, the Taiwanese shipping company is able to transport and monitor a wider range of perishables, to new and farther locations. The Lynx Fleet solution includes proprietary technology that monitors reefe
WinGD to offer methanol-powered engines for six green boxships WinGD, a Swiss marine power business, will deliver X-DF-M methanol-fuelled engines for a series of six container vessels being built in China by Yangzijiang Shipbuilding. The 9,000 TEU vessels will be powered by HD Hyundai Heavy Industries Engine & Machinery Division (HHI-EMD) X82DF-M engines, which will be delivered in August 2025. The new deal increases WinGD's methanol engine orders into the 8
Oakland container export volume rises in October The Port of Oakland's October export container volume rose to the highest volume in any single month seen in 2023. In particular, full export TEUs rose 4% during October 2023 compared to October 2022, with a volume of 68,974 TEUs. "The fading of supply chain congestion caused by pandemic-related disruptions continues to bring exporters back," said the Californian port. Full imports are down 8% ye
Port of Antwerp-Bruges modernises container pickup process Port of Antwerp-Bruges terminals are preparing to utilize Certified Pick up, a container delivery method that is ID-based instead of previous PIN-based methods. Implementing Certified Pick up is one of the Belgian port's goals in the vision of a digitally secure port. Several optimisations have been done in recent months to better match the process with the demands of consumers. According to the
Maersk introduces Omnichannel-Fulfillment capabilities to support retail campaigns Singles Day, also known as Double Eleven, is a major E-commerce event that began in China. This year's shopping festival, which officially began on 1 November, ended with US$156 billion in estimated sales, according to data provider Syntun. Maersk has unveiled powerful Omnichannel-Fulfillment (OCF) capabilities for 56 important clients across 16 OCF sites in China to support Double Eleven retail
ONE launches new Black Sea Turkey Service Ocean Network Express (ONE) has announced the start of its new Black Sea Turkey Service (BTS). ONE aims to offer enhanced coverage in the Eastern Mediterranean region through this new weekly service offering a direct connection from Istanbul to Varna and Constanza. The first sailing of the new BTS service will start from Istanbul with an estimated time of arrival (ETA) of 30 January 2024. The ser
Rockefeller Group and Matan Companies to develop new port logistics center in Virginia Rockefeller Group and Matan Companies announced the creation of a joint venture agreement to build a 464,515 square-meter industrial and logistics facility in Suffolk, Virginia. The new Port 460 Logistics Center is designated for heavy industrial, logistics, advanced manufacturing, life sciences, and warehousing purposes. The first phase of the project has begun, with five buildings totalling 222
Where Hong Kong is falling short as a maritime hub It's Hong Kong Maritime Week where our brand new magazine is being distributed at multiple events. The local maritime community knows how to improve Hong Kong's hub potential. Will the authorities listen? Asia's World City continues to have its many advocates and admirers as a leading maritime hub but there's always room for improvement, particularly ...
Diana Shipping cape getting onboard CCS system Ballast water management system specialist Ecochlor has signed a letter of intent with Greek bulker owner Diana Shipping and carbon capture and storage specialist Sinotech for the installation of a scrubber and CCS system onboard Diana Shipping's 2014-built, 179,492 dwt capesize dry bulk carrier . This system is designed to capture 25% of the CO2 ...
Hafnia implements AI for fleet paint maintenance Hafnia, the world's largest product tanker owner, has implemented the SteelCorr Digital Paint Report (DPR) application on 57 of its ships to enhance paint maintenance and reporting. The SteelCorr application uses artificial intelligence to allow Hafnia to collect and analyse data efficiently, improving remote oversight and data security. Effective paint maintenance is crucial for preventing ...
Subsea 7 wins decommissioning contract in Brazil Subsea 7 has been awarded a sizeable contract by Shell offshore Brazil. The Oslo-listed offshore services player will carry out the decommissioning of subsea infrastructure associated with the floating production storage and offloading vessel Fluminense. The work scope, set to start in December, includes the disconnection, recovery, and disposal of 10 flexible risers, three umbilicals ...
ICS and IBIA propose energy pooling compliance mechanism for IMO's GHG fuel standard The International Chamber of Shipping (ICS) and the International Bunker Industry Association (IBIA) have jointly submitted a proposal to the International Maritime Organization (IMO) for what they describe as a simplified global greenhouse gas (GHG) fuel standard. The 2023 IMO strategy for the reduction of GHG emissions from ships identifies the development and finalisation of ...
Marco Polo Marine firms up Vestas CSOV deal Singapore offshore vessel player and shipyard Marco Polo Marine has officially secured the first contract for its specialised offshore wind commissioning service operation vessel (CSOV) newbuilding. The company has signed a framework agreement with Danish wind turbine maker Vestas, following a memorandum of understanding in December 2022 between its Taiwan-based subsidiary, PKR Offshore and Vesta
Gulftainer extends partnership with Sharjah Ports for 35 years Ports and terminals operator Gulftainer has extended its concession agreements with the Sharjah Ports, Customs, and Free Zones Authority for a further 35 years. The concession agreement includes the Northern Emirates' key trade gateways at Sharjah Container Terminal and Khorfakkan Container Terminal. The extended agreements allow Gulftainer to manage, operate, and further develop the two ...
OEG Energy to acquire Bluestream Offshore Aberdeen-based offshore contractor OEG Energy has stuck a deal to buy Dutch subsea and topside services specialist Bluestream Offshore for an undisclosed sum. The acquisition is expected to increase OEG's capabilities while expanding its operating footprint to be able to pursue further opportunities in the growing offshore renewables industry in Europe. Bluestream has a turnover ...
Scrubbers have saved container shipping $12bn: Sea-Intelligence They might have proven to be among shipping's most contentious pieces of equipment, but there's no denying that scrubbers have been wildly beneficial to the bottom lines of those who decided to invest in them. Danish liner consultancy Sea-Intelligence has new analysis showing that in the container sector alone, $12bn has been saved due to ...
BW Energy and Neptune take options on Borr jackups Oil and gas companies BW Energy and Neptune have exercised their options to keep Borr Drilling's jackup rigs working offshore Gabon and the Netherlands, respectfully. The 2011-built premium rig Norve, which has operated for BW Energy in Gabon since December 2022, has secured additional work stretching until June 2024. The move follows an extension in ...
CMA CGM's Saadé unveils AI open science lab with Eric Schmidt Having recorded the greatest annual profits in French history last year, Rodolphe Saadé, the chairman of CMA CGM, is spending cash on myriad ventures outside the company's core container shipping segment. This has seen CMA CGM build up a media division as well as an air cargo business among a host of other investments, the ...
Australia bans third Briese MPP Regulators have banned a third Briese Heavylift vessel from entering Australian waters in less than six months. The Australian Maritime Safety Authority (AMSA) has issued a 90-day ban on the Antigua & Barbuda-flagged 2008-built multipurpose vessel after an inspection revealed 57 tons of explosive substances had been incorrectly stowed on board during transit. AMSA reiterated ...
Larsen & Toubro wins mega order for offshore platform The hydrocarbon business of Indian engineering conglomerate Larsen & Toubro (L&T) has received a letter of intent for a mega offshore order from an undisclosed client in the Middle East. The scope of work comprises engineering, procurement, construction, and installation of a new large offshore platform and brownfield work of integration with existing facilities. The ...
Call for federal investigation into DP World cyber attack Down Under The Maritime Union of Australia (MUA) has called for a federal investigation into the cyber attack which crippled DP World's four terminals in the country for three days earlier this month, an incident that made headlines around the world. The union has asked Clare O'Neill, Australia's home affairs minister, to make sure DP World is ...
12 crew missing as storm lashes northwest Turkey Six weeks on from striking a mine in the Black Sea, the , a small Turkish-flagged general cargo ship, has gone down in stormy conditions with its 12 crew reported missing. The ship sent out a distress signal yesterday morning offf Eregli in the northwest of Turkey, a city that suffered massive flooding over the ...
Bulk carrier hits mine off Ukraine The 12-year-old 75,200 dwt bulk carrier - on charter to Cargill - struck a mine on Friday in waters off Ukraine, suffering minor damage. The ship was heading south from Yuzhny when it struck a mine to the west of Snake Island. The Liberian-flagged vessel was able to carry on its journey to Romania. Over ...
Car carrier seized by Houthis A ship owned by Ray Car Carriers and operated by Japan's Nippon Yusen Kaisha (NYK) was hijacked by the Houthis in waters near the Yemeni coastline on Sunday, bringing instability to international trade lanes in the wake of war between Israel and Hamas. The car carrier has a crew of 22. It was boarded by ...
Israeli-linked ships divert as Houthis threaten more Red Sea attacks The seizure of the vehicle carrier Galaxy Leader at the hands of Houthi rebels has prompted Israel-linked ships to divert...
The week in charts: Shipping companies fail to set science-based climate targets | Houthis 'hijack' Israeli-owned car carrier | Containership values drop Prominent shipping companies are still failing to set science-based net zero targets, Israeli-owned car carrier seized transiting the Red Sea...
Pyxis Tankers expects 'unprecedented' near term volatility Nasdaq-listed owner saw net income fall from the same period last year but remain 'solid', supported by favourable fundamentals and...
Denmark leaves position unclear on inspecting sanctions-busting Russian tankers The EU and US governments are reportedly in talks with Denmark to inspect and possibly block tankers without known insurance...
China Merchants Group launches carbon platform The chairman made a plea for openness and collaboration in the shipping industry
Container carriers failing to remove sufficient capacity Box lines needed to pull capacity to meet demand following Golden Week. A failure to do so means rates restoration...
Hong Kong to unveil maritime industry action plan to boost competitiveness Voices from the local shipping community hope policymakers will attract more cargo interests and shipowners. What is more, there are...
Monthly LA/LB volumes continue above pre-pandemic levels Cargo volumes in San Pedro Bay edged over 2019 levels again in October, and also recorded a 10.8% increase from...
One seafarer dead and 11 missing as storm causes multiple Black Sea casualties Search and rescue operations resumed Monday after two ships sunk, leaving 11 seafarers missing and one found dead
The week in newbuildings: China dominates ordering activity Chinese shipbuilders picked up 75% of newbuilding contracts, by ship number, in the past week. Elsewhere, South Korea is bagging...
UK set to scrap consortia block exemption After initially supporting a replacement consortia block exemption regulation, the UK's Competition and Markets Authority has changed its mind, citing insufficient...
Marathon veteran Chen eases pace for CULines after long-haul retreat Company has four newbuilding vessels on order - one of 2,400 teu, one of 2,700 teu and two of 7,000...
Daily Briefing How a south London restaurateur became a nexus for sanctioned Iranian gas trades | South Korea unveils plan to dominate...
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Congress steps into debate over jurisdiction of rail fees for ocean containers Draft legislation would also seek to codify that rail demurrage fees be billed to the ocean carrier, which would then pass along the charge to the responsible shipper or BCO. .
Estes commits to more technology spending after October cyberattack With its systems restored, the LTL carrier plans to "lean into" technology development and investment for greater security and visibility.
Railroads creating new services to win back market share from trucking While the moves are considered more of a rejuvenation than a renaissance, railroads are doing a more effective job juggling the interests of investors while providing new products to serve shippers.
UK watchdog calls for end to ocean carrier antitrust immunity Just a month after the European Commission announced that the block exemption regulation for carriers would not be renewed next April, the UK competition authority has also called for it to lapse upon expiry.
Estes commits to more technology spending after October cyber-attack With its systems restored, the LTL carrier plans to "lean into" technology development and investment for greater security and visibility.
Houthi rebel video purportedly shows hijacking by helicopter as governments condemn attack Footage from Iran-backed militant group purports to show helicopter operation reminiscent of Tehran's tactics
Four midsize bulkers fetch yearlong charters as period rates regain ground Diana Shipping expects to make $6m from 15-month deal for ultramax bulker
MAN Energy Solutions and others seek new technology solutions in battle with methane slip Unburned methane is a greater greenhouse gas than CO2, a fact reflected in regulators' emissions calculations
IMO tightens up security after Poseidon Adventure Security breach at global regulator's headquarters in London sparked review
Tankers 'will avoid Nigeria unless it scraps tax campaign' Trade body calls on tax authorities of oil-rich nation to focus on new collection strategy to give shipping time to prepare
Terminal puzzle: Focus turns on ports as shipping looks to optimisation to cut emissions Cargill Ocean global operations director says data transparency and standardisation are key to unlocking reductions
Panama Canal bottleneck adding $100,000 per day to VLGC rates Big paydays continuing for gas carriers, but downward shift looms, analysts argue
Yara wraps up deal to ship 800,000 tonnes of CO2 a year Project will start exports from Netherlands to Norway in 2025
Yara wraps up carbon capture and storage deal to ship 800,000 of CO2 a year $219m CCS project will start exporting CO2 from Netherands to Norway from 2025
Shadow of Gaza war looms as Zim faces 'difficult times' How do you run a shipping company in a time of conflict?
Ray Car Carriers vessels abort Red Sea transits after Houthi seizure Two ships observed changing course following incident involving Rami Ungar's Galaxy Leader
Will Hafnia follow Torm in using US listing to pursue vessel deals? Analysts say New York move could boost firepower through leveraging of shares
Bulker pivot in the making? Performance Shipping linked to ultramax order US-listed tanker company keeps mum on several broker reports that it is inking newbuildings in China
UK regulator deals blow to carriers' consortia hopes after April 2024 Britain poised to mirror EU over the treatment of liner industry
Moundreas swoops on Unisea capesize pair in all-Greek S&P deal Canny Greek secondhand player resumes capesize buying after more than a year
Concern for tanker owners as further Opec+ crude cuts possible Analysts may have to chop rate forecasts if exporting group prolongs production pain
Golar's FLNG Gimi finally sets sail for Africa The vessel had been subject to force majeure declarations and arbitration disputes
Trafigura moves for VLCC duo over five years as Bahri takes aframax newbuilds Al Seer Marine fixes out more of its tankers, with Athenian Sea Carriers also said to be in on the action
Greece's Sea Pioneer Shipping orders up to four product tankers in South Korea Shipowner is paying a 'special' price of around $45m each for the 50,000-dwt vessels
Hafnia commercial chief Soren Winther downplays impact of Israel war on tankers Tanker executive believes wider regional escalation is unlikely
Golar's Gimi FLNG finally sets sail for Africa The vessel had been subject to force majeure declarations and arbitration disputes
Coal cargo temperature rises as CSL bulker seeks another discharge port Anti-mining protests prevented the Canadian vessel docking in Panama
European Union mulls ban on tanker sales to Russia Proposal would also introduce contractual clauses pledging no resale of vessels into Russia
One seafarer dead and 11 missing after cargo ship sinks in Black Sea storm Authorities have lost contact with Turkish vessel in what is one of several casualties caused by severe weather
Third Briese multipurpose ship banned from Australian waters Repeated safety issues on shipowner's vessels described as 'alarming', by maritime regulator
Twelve seafarers missing after cargo ship disappears in Black Sea storm Authorities have lost contact with Turkish vessel in what is just one of several casualties caused by severe weather
European Energy looks to expand green e-fuels footprint to Brazil Danish company says tie-up represents a significant stride towards the development of green e-fuels in the region
100% dividends? Hafnia boss Mikael Skov will need to talk to the board As debt levels sink further, tanker company has a decision to make on payout policy
Cargo ship with 12 crew missing in Black Sea storm off Turkey Authorities have lost contact with Turkish vessel in what is just one of several casualties caused by severe weather
October cargo volumes decline at Texas ports, rise in New Orleans Freight flows declined in Houston and Corpus Christi, Texas, in October, while container volumes rose at the Port of New Orleans.
Creditor challenges bankruptcy plan of ILWU dockworkers union Terminal operator ICTSI has not given up its quest for tens of millions in damages from the West Coast longshore union.
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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