Blakely BoatWorks delivers new pushboat M/V Claire Ellen Cooper Group member Blakeley BoatWorks, in Mobile, Ala., reports that it has completed and delivered its Hull 107, M/V Claire Ellen, to Cooper Marine's Louisiana operations. Designed by Newcastle, Me., naval architect
GIT Coatings first with new LR antifouling type approval Canadian graphene coating specialist GIT Coatings has become the first company to receive a new Lloyd's Register (LR) type approval, its "Enhanced Antifouling Type Approval" LR is the first classification society to
Mexican ship manager Gremex fined $1.75M in pollution case Tampico, Mexico-headquartered ship manager Gremex Shipping was fined $1.75 million and put on probation Oct. 30 after pleading guilty in federal district court in Pensacola, Fla., to a felony violation of the
VIDEO: Artemis introduces new EF-12 Escape luxury water taxi Saying that it has "embraced the challenge of decarbonizing the luxury travel sector," Artemis Technologies has added a high-end water taxi, the EF-12 Escape, to its expanding range of electric foiling vessels.
St. Johns Ship Building to build two stop-log barges Americraft Marine's St. Johns Ship Building subsidiary in Palatka, Fla., reports that it has been awarded a U.S. Army Corps of Engineers (USACE) to construct two 140 x 32 x 7 foot
Port of Melbourne increases box throughput in September In September 2024, Port of Melbourne's total container throughput rose compared to September 2023, reaching 284,000 TEUs. Full container imports (excluding Bass Strait) saw a growth over the previous year, with furniture, domestic appliances, and paperboard all showing higher volumes. Similarly, full container exports (excluding Bass Strait) also increased from the prior year, with notable figure
CentrePort appoints new Board member Chairman Lachie Johnstone announced the appointment of Andrew Barlass to the Board of CentrePort Wellington. Johnstone believes Barlass will enhance the board's capabilities with his extensive experience in corporate finance and infrastructure funds management. "Andrew joins us with positive governance experience both in New Zealand and abroad. He is currently Chair of EA Networks, a Director of
Market Shifts in Container Shipping: Weekly Stock Performance Highlights This week saw notable stock price shifts among major container shipping companies, reflecting a mix of market resilience and investor caution. From slight declines in Asia's SITC International Holdings and COSCO SHIPPING Holdings to notable rebounds for European giant Hapag-Lloyd and Taiwan's Evergreen Marine Corp, the week ending November 1 highlights the varied responses within the sector amid
Premier Alliance sets one-year leave notice period The agreement for the launch of the Premier Alliance, which includes HMM, Ocean Network Express (ONE), and Yang Ming, has been filed with the Federal Maritime Commission (FMC). This content is locked Select a CN Premium Subscription Package To Unlock The Content! If you liked this post, please consider donating The post appeared first on Container News .
Port of Riga companies embrace green energy for sustainable growth WT Terminal, an active company within the Port of Riga, recently launched a solar panel park to partially meet its electricity needs with renewable energy. Located on the Latvian terminal's warehouse roof, this solar park includes 480 panels with a capacity of 220.8 kW. Initiated in 2023 with ALTUM support and financing from Citadele Bank, the project aims to reduce energy costs and mitigate mark
APM Terminals Strategic Outposts in High-Risk Zones (maps+infographics) In the shadowy realms of global trade, ports are not just junctures of economic activity but pivotal arenas where geopolitics converges with commerce. This rings particularly true for APM Terminals, a leading port operator with facilities in some of the world's most volatile regions. This content is locked Select a CN Premium Subscription Package To Unlock The Content! If you liked this post, ple
Port of New Orleans welcomes new President and CEO The Board of Commissioners of the Port of New Orleans (Port NOLA) has appointed global maritime expert Beth Ann Branch as President and Chief Executive Officer of Port NOLA and CEO of the New Orleans Public Belt Railroad (NOPB), effective 1 December 2024. Branch, a highly regarded commercial strategist with over 20 years of experience in transportation and logistics, succeeds Ronald Wendel Jr., w
Guam Port Authority approves bid to replace aging gantry cranes In a significant development for the Port Authority of Guam, the Board of Directors has passed Resolution No. 2024-16, approving a multi-phase bidding process to replace the Port's outdated gantry cranes. According to the GUAM DOD MASTER PLAN, the Port's aging cranes-purchased second-hand in 2009 and now over 40 years old-are a significant concern, presenting risks to both commercial and military
Port Kembla launches new pilot ladder training facility The Port Authority of NSW has launched a state-of-the-art pilot ladder training facility at Port Kembla, designed to enable maritime professionals and trainees to safely practice climbing ladders on the side of a moving vessel. Developed in collaboration with Avcon Projects, the custom-built facility features a full nine-meter ladder suspended over shipping containers and includes a step-off plat
Maximize Engagement and Leads with Weekly Trading Competitions: A Guide Lynx Prop Trading Firm If you are ready to take your prop trading firm to the next level, you are in the right place. Weekly trading competitions may prove to be a great feature since they serve the purpose of engagement, lead generation, and branding. The Lynx Prop Trading Platform makes it very simple to host these competitions, and traders and firms benefit equally. So, in this guide, let's focus on weekly trading c
Container lines refresh Middle East/Indian Subcontinent service network Box lines have announced several changes in their services covering the Middle East/Indian Subcontinent region, according to DynaLiners' latest report. This content is locked Select a CN Premium Subscription Package To Unlock The Content! If you liked this post, please consider donating The post appeared first on Container News .
Akkon Lines strengthens Far East service Turkish liner operator Akkon Lines has added the Saudi Arabia Red Sea port of Jeddah to the rotation of its Far East Service (FES), according to DynaLiners. With the addition of the Jeddah port, the new rotation reflects Qingdao (China) - Taicang (China) - Ningbo (China) - Guangzhou, Nansha (China) - Aliaga (Turkey) - Gemlik (Turkey) - Gebze (Turkey) - Istanbul, Ambarli (Turkey) - Jeddah (Saudi A
Yang Ming extends charters on Seaspan ships by six years Taiwanese mainline operator Yang Ming Marine Transport has extended the charters on 15 Seapsan Corporation-owned 14,000 TEU ships by six years. This content is locked Select a CN Premium Subscription Package To Unlock The Content! Martina Li Asia Correspondent If you liked this post, please consider donating The post appeared first on Container News .
CN Magazine November Issue November Issue of CN Magazine is Here! Dive into the latest edition, including comprehensive insights from the shipping industry, market analyses and interesting news stories. CN PREMIUM members can access their copy now. Not a member yet? Sign up today to unlock the full content of Container News ! Grab Your Copy: If you liked this post, please consider donating The post appeared first on Conta
Cavotec secures US$7 million in shore power contracts Cavotec has secured two significant contracts, totalling US$7 million, to supply its advanced PowerMove shore power systems to two major Mediterranean ports. These systems are designed to enable cruise ships and RoRo vessels to connect to shore power, effectively reducing emissions and supporting more eco-friendly port operations. The first contract includes several PowerMove mobile cable managem
CMA CGM announces fresh America rates French box line CMA CGM has notified its customers that, effective 1 December, a Rate Restoration Initiative (RRI) will be implemented as follows: The RRI will apply to shipments from the West Coast of South America to the US East Coast and US Gulf, covering all types of cargo. The rate adjustment will be set at US$250 per container. CMA CGM also informed its customers that, effective 1 December
Hapag-Lloyd changes German port of call on IOS German ocean carrier Hapag-Lloyd has announced changes in its Indian Ocean Service (IOS), which will temporarily call at Wilhelmshaven instead of Hamburg to avoid the current congestion at Hamburg Container Terminal Altenwerder (CTA). Effective from 15 November, the new temporary rotation for the IOS will be as follows: Jebel Ali (UAE) - Karachi (Pakistan) - Nhava Sheva (India) - Mundra (India
CMA CGM increases FAK rates from Asia to Med & North Africa Marseille-based container line will update Freight All Kinds (FAK) rates from 15 November 2024 (based on the loading date at origin ports) until further notice. The fresh FAK rates from all major ports in Asia to the Mediterranean and North Africa will be as follows: 20' 40'/40'HC WEST MED (in USD) 3,800 5,700 ADRIATIC (in USD) 4,0500 5,900 EAST MED (in USD) 3,900 5,800 BLACK SEA (in USD) 4,000 5
Asian Port Cities on Upswing, Outpacing European Counterparts Significant changes have unfolded since the last publication of the Leading Maritime Cities (LMC) report. Global tensions have echoed across the maritime sector, markedly influencing the recent trends. Notable events, including the Ukraine conflict, territorial disputes in the South China Sea, and ongoing unrest in the Red Sea, have created a multifaceted geopolitical environment that affects mar
RWE gets final clearance to build Denmark's largest offshore wind farm The Danish Energy Agency has granted German utility RWE the offshore construction permit for the Thor offshore wind farm, Denmark's largest to date. RWE now has all permits in place to start offshore construction work in spring 2025. With a planned capacity of more than 1,000MW, Thor will be able to produce enough green electricity ...
New Jiangzhou Shipyard seals debut ethylene carrier order China's Jiangxi New Jiangzhou Shipbuilding Heavy Industry has entered the gas carrier shipbuilding segment in a deal with a domestic owner. The restructured builder, formerly known as Jiangzhou Union Shipbuilding, has been contracted by gas shipowner Shenzhen Haihong Shipping for a single 7,000 cu m ethylene carrier. The builder, which has seen several orders coming ...
Famous VLCC changes hands for an eighth time A tanker with a colourful past has changed hands for the eighth time in its 18-year history and the second time this year. Piraeus-based Cavalli Marine has bought the Chinese-built Yale from Turkey's Varan Maritime and renamed the vessel Alter Ego. No price has been revealed with online portal VesselsValue suggesting the vintage tanker has ...
New leadership unveiled at Esvagt Danish offshore shipping player Esvagt has named Kristian Jakobsen and Søren Karas to jointly head up the company as chief executive Peter Lytzen retires from the role. Jakobsen has been promoted from the deputy CEO role he has held since 2018, while Karas steps up from the position of chief strategy and commercial officer after ...
Kotug wins work on BP's project off Mauritania and Senegal Offshore towage specialist Kotug International and its partner Maritalia have been selected by energy major BP to provide marine services to the Greater Tortue Ahmeyim (GTA) project. The contract is a long-term fixed contract, with extension options, to provide marine services to one of Africa's deepest subsea developments located on the maritime border between Mauritania ...
Canada faces port strikes on east and west coasts Canada is facing the real threat of strikes on both its west and east coasts. Employers at British Columbia's ports say they have received 72-hour strike notice from the union representing about 700 foremen in an ongoing labour dispute. The B.C. Maritime Employers Association (BCMEA) said yesterday that if the International Longshore and Warehouse Union ...
Deep Wind Offshore to build two wind farms off Chile Norwegian developer Deep Wind Offshore has applied for an area lease for one floating and one bottom-fixed offshore wind farm off Chile. The company said that it had been actively exploring the Latin American offshore wind market for more than two years. The Chilean government has set a target of 60% of the nation's electricity ...
Expansion plans laid out for HD Hyundai Vietnam Shipbuilding HD Hyundai Vietnam Shipbuilding will expand capacity to build 15 ships a year up from the current maximum of 12 with the company's Korean parent revealing plans to potentially expand further to 23 ships a year by 2030. The Vietnamese subsidiary of the Hyundai Heavy shipbuilding conglomerate is the largest, most advanced shipyard in Vietnam, ...
European Space Agency leads port call optimisation project The European Space Agency (ESA) has initiated a new project, Decarbonization through the Digitalization in Shipping (DECARDIS), together with optimisation platform company Awake.AI, tech firm ABB and shipping company Wallenius Marine. The consortium, funded by ESA and led by Awake.AI, will collaborate on a port call optimisation solution, which focuses on helping ships cut greenhouse ...
Steps and missteps in automating container terminals Kris Kosmala writes for Splash today on a topic he's regularly asked about. Introducing robotics in container terminals gives rise to emotions, questions, and sometime violent resistance from employees fearing either reduction in their work or a complete loss of employment. Though in reality, automation will progress and it will greatly affect how we operate ...
Daily Briefing Shipping likely to benefit from Middle East status quo, barring Trump election | France shouldn't tax CMA CGM unfairly |...
More than a blip? Asia-Europe box rates rally for second week in a row One theory is that carriers are trying to prop up European spot rates to bolster their hand in annual contract...
Has shipping really moved from laggard to leader? Lloyd's List editor-in-chief Richard Meade takes you into the heart of the Global Maritime Forum in Tokyo to find out...
Wärtsilä puts its money where its mouth is with new Royal Caribbean deal The Finnish company will reap rewards if it can make Royal Caribbean ships more efficient, but will also take a...
France shouldn't tax CMA CGM unfairly Asking the boxship giant to pay its way is one thing. Singling it out for a fiscal punishment beating is...
Container shipping to stay volatile into 2025 Market trends seen in 2024 are set to continue into 2025 with no Red Sea reopening, while the threat of...
Two seafarers killed in cargoship fire The vessel is stationary at Kartal anchorage, near Istanbul, after the harbour master and public prosecutor cancelled its permission to...
Canada's west coast ports heading for disruption British Columbia Maritime Employers Association will lock out ILWU Local 514 members from Monday, November 4 if the union goes...
Costamare adds three bulkers as revenues soar Costamare has recently clinched new charters for seven of its boxships against a background of full employment in the container...
Shipowners' Club acquires Waterborne Shipowners' plans to use Lloyd's MGA to offer hull policies to P&I clients
Typhoon Kong-rey disrupts Chinese ports, adds to ship delays Disruption comes as global port congestion already ticked up last week, with ships severely delayed at Vietnam and the Philippines...
MOL upgrades full-year profit forecast The dry bulk sectors could face pressure as MOL predicts a temporary decline in capesize rates early next year because...
BC container ports ready to lock out longshore foremen after strike vote Vancouver, Canada's busiest container port, faces the possibility of a shutdown unless maritime employers and longshore foremen reach a new contract before a Monday deadline.
Ro/ro operators bank on recovery in 'high-and-heavy' market Asian exports and growth in construction and mining demand are expected to prop up ro/ro volumes, two major vessel operators say.
Network realignment shines light on hub-focused product vs. direct calls If the question is solely on the risk related to being delayed in each port, the Gemini network ought to, statistically, have a slightly higher core reliability than Mediterranean Shipping Co. when the need for shuttles is taken into account, writes analyst Lars Jensen.
Smaller US LTL carriers increasingly merging in 'sink or swim' market Those companies are combining to get the terminals, talent and technology they need to compete as larger carriers increasingly seek business in their markets.
Gemini faces 13-week phase-in before 90% reliability promise is tested: Clerc The new network will have a grace period for about three months as the first full port rotations are completed but must then quickly prove it can raise on-time performance to the promised levels, says Maersk's CEO.
US investment firm reveals first stake in Nordic American Tankers Dimensional Fund Advisors has been a familiar player in shipping stocks
Wavelength podcast: Halloween is over so what's spooking car carrier investors? Plus: Why Scorpio Tankers has invested in a VLCC company, and FuelEU edges closer
'Spectre of tariffs' and strikes loom for container trades as US heads for election day Liner bosses weigh in on the debate over potential tariffs and renewed ports strikes
Bad news in abundance as crude tankers search for fourth-quarter upswing Rates have crashed in recent days as vessels seek work
XO Shipping founder Kim Pihl hands over reins but plans to stick around New CEO of Danish bulker operator will be former Maersk and Monjasa executive Sinan Utlu
Dynacom named as owner behind suezmax tanker quartet at Samsung Heavy Industries But ships look set to be built elsewhere
False records and oily waste lands bulker manager with US fine US says company attempted to hide illegal pumping
Costamare reveals more buys of larger bulkers amid solid third-quarter profit US-listed owner announces purchasing three vessels from northern European rivals while divesting older ones
Israeli explosives-laden ship finally manages to unload after three-month perambulation German cargo ship Kathrin manages to unload cargo in Egypt
TOWT marks first transatlantic commercial voyage with cargo sailing ship naming Construction for French company's third vessel kicks off in Vietnam as fleet builds out
DOF Group closes massive Maersk Supply Service acquisition Norwegian offshore outfit boasts 78 ship-strong fleet
Cosco Shipping Holdings' profit soars to $3.38bn on Red Sea crisis Hong Kong-listed carrier benefits massively from demand growth out of Asia
Reborn Jiangxi New Jiangzhou breaks into gas carriers as Chinese yard orders surge Domestic owner Shenzhen Haihong Shipping signs for ethylene carrier
Samsung inks second suezmax tanker newbuildings deal in a week The newbuilding price for the 158,000-dwt crude carrier is on the low side
Chinese bulker buyers storm sale and purchase market Backed by homegrown leasing finance, Chinese players are reclaiming their dominance in the S&P scene for older bulkers
Israeli explosive-laden ship finally manages to unload after three-month perambulation German cargo ship Kathrin manages to unload cargo in Egypt
Bulker stocks offer 'attractive ticket' as '2025 is looking bright', Arctic Securities says Bank reiterates 'buy' on back of supply fundamentals and demand growth
Vitol buys 11 LNG cargoes per year from Coterra in deal stretching to 2038 Swiss trading giant will ship gas from Texas producer, beginning in 2027
Cyan eyes Malaysian expansion with $50m backing from state pension manager Singapore owner plotting potential newbuildings and crew recruitment with new regional base
Hengli Heavy breaks into VLGCs as shipyard doubles capacity Reborn shipbuilder extends its menu
Danish owner Esvagt replaces retiring boss Peter Lytzen with two new CEOs Wind farm vessel specialist promotes senior managers Kristian Jakobsen and Soren Karas
Wallenius Wilhemsen fills vacant CFO role with familiar face Bjornar Bukholm held several jobs at the car carrier owner before departing in 2019
Cargo ship blaze kills seafarers in Sea of Marmara Authorities say Bulgaria-bound vessel suffered an engine room fire
MAC Shipping orders four stainless steel chemical tankers as it makes newbuilding debut Chemical tanker owner orders first-ever newbuildings
Cyan eyes Malaysian expansion with new $50m backing from state pension manager Singapore owner plotting potential newbuildings and crew recruitment with new regional base
China boosts Matson net in Q4 Ocean shipping and logistics services provider Matson saw improved third quarter profits as higher China and domestic freight rates offset mixed container volumes. Operating income was $227 million for the [...]
How global trade actors are turning to fintech to tackle fraud The rapid expansion of global trade has complicated cross-border payments, adding costs and delays and heightening fraud risk. Financial institutions and fintech firms are implementing digital solutions to enhance transparency and security.
Demand, disruptions supercharge ONE results in Q2 Ocean Network Express posted soaring results in the second quarter on strong demand in the major trades, an early peak season in the U.S. and attacks on the Red Sea trade route.
Trans-Pacific market lifts Air Canada cargo results The strong air cargo market acted as a tailwind for Air Canada in the third quarter.
Maersk Q3 profits rise despite modest container volume gains The parent of container liner operator Maersk turned in quarterly revenue and profits higher than a year ago as attacks on Mideast shipping led to higher operating costs - and higher rates for shippers.
Disputes in South China Sea could disrupt trade lanes, lead to war, experts say China's territorial ambitions in the South China Sea could disrupt global trade lanes and possibly lead to armed conflicts involving the U.S.
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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