ILA calls USMX move at NLRB "a publicity stunt" As a port strike that threatens to close U.S, ports from Maine to Texas on October 1 gets ever nearer, the ILA union is dismissing the most recent reported move by the
Fincantieri Monfalcone floats out Star Princess Fincantieri's Monfalcone shipyard yesterday floated out Star Princess, the second LNG-fueled cruise ship that the shipbuilder is building for Carnival Corporation's Princess Cruises brand. With a gross tonnage of approximately 178,000 tons,
Philly Shipyard delivers Patriot State Philly Shipyard Inc. yesterday delivered the Patriot State, the second of five new purpose-built, state-of-the-art training vessels for America's state maritime academies. The vessels are being built under MARAD's National Security Multi-Mission
SHI wins ABS approval for new LH2 carrier design ABS has issued general design approval (GDA) to Samsung Heavy Industries Co. (SHI) for its detailed design of a liquefied hydrogen (LH2) carrier. The 20,000 cubic meter capacity LH2 carrier features Type
Seventh portainer boosts productivity and streamlines operations at Porto Itapoá Acquired last year and set to begin operations in 2024, the new portainer-a rail-mounted crane that transfers containers between ships and the dock-at Porto Itapoá has already boosted productivity by 15%. However, the portainer doesn't function in isolation. Each one relies on a range of supporting equipment and personnel, collectively known in the port industry as a "terno." The seventh terno at
Critical Stages of Supply Chain Planning: From Forecasting to Execution The question that is asked by many businesses is how they can keep up with customers' changing needs while at the same time cutting down on expenses in the current global market, which is moving very fast. The solution to this is through effective supply chain planning. This complex procedure can unlock cost efficiency, profitability, and customer satisfaction if performed effectively. Neverthele
The Role of Curriculum Design in Modern Education Curriculum design is a cornerstone of effective education systems worldwide, shaping the learning experiences of students from elementary school through higher education. As the needs of learners evolve, so does the necessity for curriculum designers to create content that is engaging, inclusive, and relevant to the challenges of the 21st century. In modern education, the focus has shifted from t
How Logistics Technology Is Revolutionizing Fleet Management Fleet management is evolving fast. Logistics technology plays a crucial role in this transformation. You see IoT and AI stepping up to enhance efficiency like never before. These tools don't just track vehicles; they predict maintenance needs and optimize routes. What does this mean for your operations? Better reliability, reduced costs, and improved service quality are on the table. Stick around
7 Logistics Trends Revolutionizing Shipping Economics Now Over the past few years, the supply chain world has had to adapt rapidly in response to shifting and increasing market demands. Customers, today, expect perpetual availability of items, fast delivery services, and transparency throughout the supply chain. Here, both well-established technologies and emerging tools have played a crucial role in helping logistics operations transform, streamlining
Scan Global Logistics strengthens its presence in Latin America Scan Global Logistics (SGL), a global logistics provider, is on a growth trajectory in Latin America, driven by new market entries, expansions, and acquisitions. The company has opened new offices in Argentina and Colombia while enhancing service operations in Chile, Peru, and Mexico. These efforts aim to expand product offerings and develop new competencies in both new and existing locations. Ad
Hapag-Lloyd increases rates from Indian Subcontinent and Middle East to US German ocean carrier Hapag-Lloyd has announced a General Rate Increase (GRI) / General Rate Adjustment (GRA) from Indian Subcontinent and Middle East to the US East Coast and Gulf Coast. The new rates will apply to cargo transported in 20' and 40' dry, reefer and special containers, including high cube equipment. This GRI/ GRA of US$1,000 per container is applicable to all boxes gated in full fro
Maersk applies new PSS from West Coast North, Central and South America Due to the increased demand, Danish box line Maersk will be implementing a Peak Season Surcharge (PSS) of US$800 per dry container. The surcharge will be effective from 27 October for all cargo transiting within the following scopes: From To West Coast South America Central America Pacific, North America and Caribbean Central America Pacific West Coast South America, North America and Caribbean N
Market Analysis: Container rates on trades out of India continue to soften amid weakening demand Container freight rates on the main trades out of India have continued to cool in September as the pace of exports slowed, according to an analysis of market data by Container News . On the westbound India-Europe trade, average spot rates for loads from West India [Jawaharlal Nehru Port (JNPT)/Nhava Sheva or Mundra Port] to Felixstowe/London Gateway (UK) or Rotterdam in April have decreased to US
Container volumes increase at major Japanese ports According to preliminary data from Japan's transport ministry, the country's six major ports processed 1.17 million TEUs in July, representing a 3.3% growth from the previous year. This marks four consecutive months of year-on-year increase. Total exports accounted for 571,534 TEUs, up 3.3%, while imports reached 594,158 TEUs, up 3.2%. In detail, port of Tokyo handled 346,740 TEUs, translating to
Ningbo-Zhoushan Port to develop new 2 million TEU terminal Ningbo-Zhoushan Port plans to establish a new terminal with a capacity of 2 million TEUs in the Fodu zone of the Liuheng port area. According to DynaLiners, the new terminal is expected to include two berths capable of accommodating vessels of 24,000 TEUs, with the potential for future expansion to handle ships of up to 32,000 TEUs. The construction works are scheduled to commence in October 2025
Asia-Europe container trade rising in 2024 Container exports from Asia to Europe amounted to 1.59 million TEUs in July, according to Japan Maritime Center (JMC) and Container Trades Statistics (CTS). Asia to Europe container shipments increased by 6.4% from a year earlier, which was a year-on-year improvement for 17 months in a row, due to briskness in furniture, bedding, garments and other consumer goods. In the first seven months (Janua
Container Shipping Stocks: Key Highlights from the Past Month This article delves into recent stock performance trends within the container shipping industry, highlighting significant fluctuations among leading ocean carriers. In the following section, we will analyze the stock trends of some of the world's largest shipping companies, providing a closer look at their market performance. AP Moeller-Maersk AS (AMKBY) USD The stock prices for AP Moeller-Maersk
Hong Kong customs seize tablet PCs and mobile phones from falsely declared containers Hong Kong Customs officers seized US$21 million of undeclared electronic goods in three containers on ships bound for Singapore and Taiwan. Through intelligence analysis and risk assessment, two Singapore-bound containers, and one Taiwan-bound container were singled out as suspicious, and customs officers inspected the ships on 9 September and 19 September. The three containers were declared as c
MSC orders ten LNG/dual fuel ULCVs from Chinese shipyard The world's largest container shipping company MSC has signed a letter of intent (LOI) for ten LNG/dual fuel ships of 21,000 TEU capacity with Hengli Heavy Industries of China, according to a recent DynaLiners report. The delivery of the container vessels is expected to start in 2027. The Swiss-Italian box line appears to be continuing its aggressive newbuilding order spree, aiming to further sol
MSC joins call for regulatory framework to accelerate net-zero fuel adoption At the United Nations Global Compact (UNGC) High-Level "Ocean for the Future" meeting held at the UN headquarters in New York on 23 September, business leaders from sectors including shipping, ports, energy, and banking urged the International Maritime Organization (IMO) Member States to adopt a global regulatory framework to accelerate the maritime industry's path toward achieving net-zero emiss
Box lines reshape intra-Europe service networks Ocean carriers have announced several changes to their intra-Europe services, according to DynaLiners. In a bold expansion of its shipping services, WEC Lines is now steering a broader course, connecting northwest Europe directly to Portugal, according to Alphaliner. The details of the two updated WEC Lines services are as follows: Northwest Europe - Spain/Portugal: Dublin, Liverpool, Setubal, Le
Puerto Aguadulce sets new high for Colombian coast with APL Fullerton call International Container Terminal Services, Inc. (ICTSI)-operated Puerto Aguadulce, a terminal on Colombia's Pacific coast, recently reached a significant milestone by handling the Ultra Large Container Vessel (ULCV) APL Fullerton. This CMA CGM-operated vessel, which measures 398 meters in length and 51 meters in width with a capacity of 19,856 TEUs, is the largest ship to ever dock on the Colombi
Maersk halts Haiti bookings In the wake of the recent social unrest in Haiti, which is preventing normal operations at Port Au Prince, Maersk has decided, effective immediately, to stop any new bookings from and to Haiti to prevent the accumulation of boxes at the transshipment terminals. "For bookings already confirmed but for which no container has been assigned, we kindly ask you not to position those containers until fu
New OPS system at Barcelona container terminal allows first emission-free port call For the first time, a ship was able to shut off all its engines while docked at the Port of Barcelona, marking the first emission-free port call for a container vessel. The new Onshore Power Supply (OPS) system at Hutchison Ports BEST container terminal made this significant step toward decarbonizing port activities possible. The system, which provided 100% renewable energy to the 24,000 TEU cont
Global bunker indices see moderate growth During the 39th week of the year, the Marine Bunker Exchange (MABUX) indices saw moderate growth. The 380 HSFO index increased by US$8.33 to US$512.27/MT, remaining near the US$500 threshold. The VLSFO index climbed by US$10.34, reaching US$612.42/MT. Similarly, the MGO index went up by US$8.93 to US$758.17/MT. "At the time of writing, there were no significant shifts in the global bunker market
Delta Corp revives US listing plans Mudit Paliwal-led Delta Corp Holdings has rekindled ambitions for a NASDAQ listing via a merger deal with US distributor of vaping products Kaival Brands. The deal, expected to close in the fourth quarter of this year, will see the two companies become wholly owned subsidiaries of a holding company incorporated in the Cayman Islands of ...
SeaRenergy signs offshore wind infrastructure deal with Siemens Clasen Rickmers-owned SeaRenergy has been awarded a multi-year contract by Siemens Energy to provide offshore infrastructure services for a minimum of thirteen converter platforms. The scope of work covers integrated onshore and offshore logistic and support services, which will be executed throughout the commissioning phase of the platforms, including the provision of a PSV. SeaRenergy ...
Lamprell to build transition pieces for RWE's UK offshore wind farms German utility RWE has awarded two key contracts to Lamprell Energy to supply transition pieces to its two UK offshore wind projects currently under development - Norfolk Vanguard West and Norfolk Vanguard East. The scope of work requires manufacturing and supplying one batch of 92 transition pieces per wind farm and transporting the structures to ...
Northern Ocean scores semisub work offshore Ghana John Fredriksen-controlled Northern Ocean, a semisub rig spin-off of Northern Drilling, has won a contract from the Springfield Group for its Deepsea Bollsta rig offshore Ghana. The two companies also inked a strategic alliance which includes mutual exclusivity to explore a long-term field development program in Ghana. The awarded contract is for one well test. ...
Marinakis and Lauro sell tankers to Pertamina Two European tanker specialists have offloaded one ship each to Indonesia's state-owned shipping giant, Pertamina. The Jakarta-based company had 98 ships in its fleet before its latest purchase. According to sales registers, Evangelos Marinakis Capital Maritime has sold the five-year-old ice class 1A scrubber-fitted 109,900 dwt Alkinoos. At the same time, Emanuele Lauro-led Scorpio has sold ...
VLCCs change hands at a rapid clip With VLCC earnings in solid territory, it's no surprise that fresh sales emerge weekly in broking reports across the globe. The latest deals involve two rusty vessels. First, a 2005-built 300,000 dwt VLCC named Sake, a ship noted sold for $40m by Dynacom Tankers. The Greek mammoth has hit the sweet spot for this ship, ...
UK sanctions five Russia-linked gas carriers The UK has followed the lead of the US in sanctioning five LNG carriers linked to Russian gas exports. Earlier this year, the UK alongside the US and the European Union, imposed sanctions on Russia's flagship Arctic LNG 2 terminal, as a result of which the project was forced to slash production. "Today's action builds ...
How to attract Singapore's Gen Z to a career in maritime Are sufficient numbers of tech students enthused enough to enter a career in maritime in Singapore? The latest chapter from our brand new, 60-page Singapore special. "The maritime industry is on the cusp of a major transformation," according to Hor Weng Yew, chairman of the Singapore Maritime Foundation (SMF). "Whether it's the imperative to decarbonise ...
Samsung Heavy reveals look of new hydrogen carrier ABS has issued a general design approval (GDA) to Samsung Heavy Industries (SHI) for its detailed design of a liquefied hydrogen carrier. The 20,000 cu m vessel (pictured) features Type C tanks and is one of a host of hydrogen carrier designs under development in South Korea. "SHI plans to prepare for commercialisation of liquefied ...
Daily Briefing America's next big traffic jam is nigh. Who is to blame? | China wins 80% of all containership orders booked...
MEPC82: IMO carbon price debate to focus on levy and revenue distribution issues Despite growing support for a GHG levy during the intersessional working group, IMO member states still have to make tough...
Noises from Beijing music to dry bulk ears, but analysts urge caution The stimulus measures announced by the Chinese Central Bank and president Xi could spark China's sluggish real estate market back...
Container terminal stars in Thessaloniki port's strong first-half performance Thessaloniki will expand its investment programme during the second half, with new container-stacking and other equipment
Industry issues updated Red Sea transit guidelines The Joint Industry Security Group of shipping industry associations has released 'industry transit advice' on Red Sea transits. No Houthi...
Indian coal imports top 90m tonnes between April-July Overall coal imports increased 0.9% in the period year on year, with coking coal imports declining 2.6%, as the country...
America's next big traffic jam is nigh. Who is to blame? More than 100 containerships were stuck off east and Gulf coast ports in autumn 2022 amid the supply chain crisis...
Red Sea crisis remains chief driver of containership demand growth says BIMCO BIMCO expects weaker containership demand in 2025 due to falling cargo volumes; however, its outlook differs, depending on the duration...
The Lloyd's List Podcast: How healthy is the marine insurance market? Law and insurance editor David Osler assembles a stellar line-up at the International Union of Marine Insurance annual conference in...
Spliethoff returns to China for its largest newbuildings to date Amsterdam-headquartered shipowner has returned to Wuhu Shipyard, which delivered seven newbuildings to Spliethoff in 2022, for up to 10 MPV...
Navios Partners extends boxship orderbook to nine First pair of sisterships has already been chartered for four years to Ocean Network Express
USMX files unfair labour practice charge against ILA The alliance of terminal operators is seeking injunctive relief with the National Labor Relations Board, which would force the International...
China wins 80% of all containership orders booked in 2024 Lower prices, relatively early delivery slots and a stable workforce continue to provide Chinese shipyards with an edge over South...
USMX chief meets with Biden administration officials as port strike deadline looms The Biden administration may finally be looking to take a firmer hand in stalled talks between the ILA and maritime employers with an expected strike just days away.
Port of Montreal to face three-day strike against two terminals next week The strike will affect about 40% of Montreal's container capacity and comes as port employers remain in protracted talks with the longshore union over a new contract.
Yellow puts remaining 112 LTL terminals on the block A court has cleared the sale of the last batch of properties from the bankrupt LTL provider, more than two dozen of which are located near container ports.
Breakbulk sector not expecting much disruption from possible longshore strike Should a strike occur - and if it continues for an extended period - one possible outcome is the spillover of container cargo into breakbulk vessels, similar to the scenario that played out in response to supply chain bottlenecks during the pandemic.
USMX chief to meet at White House as port strike deadline looms The Biden administration may finally be looking to take a firmer hand in stalled talks between the ILA and maritime employers with an expected strike just days away.
Freight ecosystem suffers pain while intermodal wastes opportunities: analyst Today's dilemma is whether the new external realities of activist investors can coexist with an industry with long-lead times to deploy assets that cannot be moved, writes Ted Prince.
Zim to gain slot rights on MSC's India network for US loads Israel-based Zim said its new alliance with MSC will offer customers extensive port reach and enhanced service levels.
Finnish shipbuilder Meyer Turku riding high while sibling sits in bailout spotlight Meyer Turku celebrates decade of family ownership with four largest LNG-fuelled cruise ships ever
Newcastlemax bulker sold at a healthy price as buyer demand stays strong for bigger ships South Korean-built vessel achieves almost as much as a Japanese-constructed newcastlemax
Robert Bugbee invests an extra $1.5m on Scorpio Tankers call options Tanker owner's president makes bet that stock prise will rise
EU tees up shipping fuel funding in 1.2bn Hydrogen Bank auction European Commission to spend €200m of emissions trading revenue on grants for shipping fuel projects
Wavelength podcast: Record-setting car carriers and big news in dry bulk Also: improving vessel risk profiling and is there a path to net zero for shipping?
Investment giant Macquarie strikes deal to buy Danish offshore shipowner Ziton Australian group will gain control of the largest provider of jack-up ships to offshore wind sector
Green course: James Cook joins in National Oceanography Centre vegetable oil pilot Vessels trial hydrotreated vegetable oil as fuel
'Frontrunners': Team 'Flexy' trot out in force to raise over $63,000 for cancer research Thirty-seven 'athletes' from John Fredriksen's 'stables' tackle Oslo half marathon and 10 km courses
Shipowners Alpha Adriatic and Atlantska Plovidba booted out by Croatian stock exchange Zagreb Stock Exchange says shipowners will lose their places on key Crobex lists
Saverys family behind $180m sale of boxship quartet to MPC Container Ships Belgian owner orchestrates the sale of four wide-beam container vessels
Finish shipbuilder Meyer Turku riding high while sibling sits in bailout spotlight Meyer Turku celebrates decade of family ownership with four largest LNG-fuelled cruise ships ever
VLGC market headed to 'mid-cycle' levels as arbitrage no longer driving up rates Rates are a fraction of where they should be, given past performance, but something has changed, Omar Nokta says
French start-up vows to fight on after financing setback derails five-strong newbuilding order Eco-boxship project stung after South Korean yard terminates order
A name change, class exits, a first Red Sea cargo: Russia's LNG shadow fleet sails on Shipment from Arctic LNG 2 is moving southbound through Red Sea
Wan Hai Lines linked to four container ship newbuildings at HD Hyundai Samho Liner company is paying close to $128m each for methanol dual-fuel boxships
Saltchuk on consolidation: 'We're not going to trash the market' An executive of private Washington group tells Asba conference about approach to key sector
Oil Brokerage hires former Braemar global head of tankers David Collins Shipping veteran built his name at Clarksons and became a top figure at rival shop before quitting in March
James Fisher boss Jean Vernet bags stock after tanker owner returns to profit UK group's CEO awarded share options worth £124,000
Greenpeace appeals 'historically large' fine over Russian tanker protests Environmental group fighting for the right to mount peaceful action in the future
Idan Ofer and Peter Livanos latest shipowners to ink independent ammonia fuel initiatives Shipowner has teamed up with Samsung, Hanwha Engine and MAN Energy Solutions to develop ammonia-powered boxships
Spliethoff follows up ForestWave takeover with order for up to 10 multipurpose ships Dutch owner chooses China's Wuhu Shipyard to build new L-type vessels
Shipyard safety warning after seafarer dies in fall on bulker Investigation report calls for more coordination between shipyards and crew
Wan Hai Lines linked to four container ship newbuildings at Hyundai Samho The liner company is paying close to $128m each for the methanol dual-fuelled boxships
Ifchor Galbraiths trumpets significant cash for growth as higher pay dents profit after merger Shipbroker says enlarged company can capitalise on opportunities in unpredictable markets
Fearnleys downgrades product tanker stocks as it stays bullish on VLCCs Frontline, DHT and Okeanis are bank's top picks
Karpowership starts to spin off LNG shipping business into new arm 'Kinetics' Company is eyeing a shift into LNG bunkering using its FSRU base
Pleiades Shipping books four-strong product tanker deal at Chinese shipyard The tanker company has ordered up to four LR1 newbuildings as part of fleet renewal programme
Ulrik Andersen returns to shipping: 'Time I swapped family time for Team calls' Former Golden Ocean boss opens up about his plans for J Lauritzen's green shipping venture
UK utility group draws up plans to ship water from Norway on tankers Southern Water examining contingency measures to combat future shortages
Hanwha Ocean drops $700m takeover of Andrew Forrest-owned shipbuilder Austal South Korean shipbuilder withdrew the bid as agreement could not be reached
Shipbrokers 1, AI 0: the score from Miami Beach as ASBA leans old school Chartering men show loyalty - or maybe just that they can read the room
US Maritime Alliance lodges charge against union in bid to end port strike threat As deadline looms, employers' group seeks order bringing ILA to the bargaining table
'Turning point': Beijing surprise stimulus bodes well for bulker owners with more positives in pipeline Analysts think some benefits for shipping may be seen as early as the fourth quarter
Lithium-ion battery fire disrupts terminal operations at Port of Los Angeles A truck carrying lithium-ion batteries overturned and caught fire Thursday near the ports of Los Angeles and Long Beach.
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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