Category: News

MARITIME NEWS 3-5-25

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Hellenic News Articles

U.S. Tariffs

Possible penalties on China-built ships… US tariffs hit more countries… What next?
Trump’s Mexico, Canada tariffs are ‘clearly’ going to cause inflation, says shipping giant Maersk

Maritime Technology

Lloyd’s Register to use generative AI to advance the application of nuclear technology in maritime in collaboration with Microsoft
Toei Reefer Line Selects Inmarsat Nexuswave For Evolving Crew And Business Connectivity Needs
Marcura acquires Shipster to accelerate AI innovation in maritime document intelligence

Maritime Safety

Record-breaking year in safety: no lost time injuries

Panama Canal

BlackRock gets bargain berth in Panama trade storm
Panama president says Trump lied about Panama Canal’s ‘reclaiming’
Trump touts BlackRock’s Panama Canal ports deal, says U.S. is ‘reclaiming’ waterway

Maritime Trade

New Service Connecting East Coast South America and Asia

Chinese Shipping

Cargo volume on Chancay-Shanghai shipping route exceeds 20,000 tonnes
Hong Kong: Statistics on vessels, port cargo and containers for the fourth quarter of 2024

Decarbonization

MOL Joins International e-methane Alliance e-NG Coalition- Aiming to Decarbonize Energy and Transport Industries

Red Sea

US issues new Houthi-related sanctions, Treasury Dept says

Port of Rotterdam

End to fraud-sensitive PIN codes for all intercontinental import containers

U.S. Port News

Port of Los Angeles pays tribute to International Association of Ports and Harbors

U.S. Shipbuilding

AMP Statement on President Trump’s Executive Order on Shipbuilding
Trump to create office of shipbuilding, offer tax incentives

U.S. Ag Trade

Chicago grains recover from lows as tariff relief monitored
China’s grains, oilseeds procurement to see limited impact from US agricultural tariffs

MARITIME NEWS 3-4-25

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Hellenic News Articles

Global Trade

Global shipping: navigating the waves of geopolitics
Trump trade threats compound global ocean shipping uncertainty

Maritime Technology

Sea.AI Enhances Safety Onboard World’s Fastest Crew Transfer Vessels
SEA Asia 2025: THe Definitive Maritime Industry Gathering For Business, Innovation And Collaboration
ABS Approves New Digital Application from Kongsberg Marine
Wärtsilä cargo handling systems chosen for three new Gas Carriers
Lloyd’s Register Type Approval awarded to Corvus Dolphin NxtGen Energy ESS

Decarbonization

Advanced Vessel Designs, Carbon Capture and Cost of Compliance Headline ABS Middle East Regional Committee Meeting

U.S.-China Tensions

China’s Port Throughput Slows; Uncertain Prospects Amid US Tariff Hikes
US port fees proposal not a ‘debilitating’ move for Yangzijiang Shipbuilding, selldown overdone, analysts say

U.S. Port News

Annual North American Cargo Volume Increases by 13%
Nokia partners with Carrix to introduce private wireless solutions in key U.S. container terminals

Global Ports

AD Ports Group Prepares to Receive State-of-the-Art Panamax-Class Cranes for New Multipurpose Cargo Terminal in Safaga, Egypt
Port of Toronto Continues to Drive the Regional Economy with Strong Performance in 2024 Français

U.S. Collaboration

Korea, US to expand cooperation in shipbuilding sector

South Korean Shipbuilding

How Korea’s shipbuilders could win the U.S.-China trade war

MARITIME NEWS 3-3-25

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Hellenic News Articles

U.S.-China Tensions

US fees on China-based ships to cause unintended consequences – analysts
US port fees on China vessels would affect all shipping firms, CMA CGM says x

Red Sea

The freight tender tightrope: Xeneta data reveals carrier and shipper negotiation tactics during Red Sea uncertainty

Decarbonization

How the IMO can construct a bridge to a zero-emission future

Global Shipbuilding

Petrobras to commission four more ships, upping orders to 48 by 2026
Maersk names its 11th dual-fuel Methanol vessel ‘Albert Maersk’ in Mumbai
GSI delivers dual-fuel PCTC to Nansha port, promotes green shipping

Global Trade

Drewry: Intra-Asia Container Index Down 8%

Global Ports

French ports prepare for more strikes in March
Govt unveils consortium of public sector companies to operate global ports
CK Hutchison plans $1 billion port investment in Pakistan, ministry says

Chinese Ports

China’s Tianjin Port reports record single-vessel auto exports

U.S. Ag Trade

Soy barge bids firm, corn ease, ahead of US tariffs
Soybean, corn basis steady in muted trade
CBOT soybeans sag as traders fear tariff impacts

MARITIME NEWS 2-28-25

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Hellenic News Articles

Green Fuels

Significant increase in biofuel usage to meet GHG reduction targets

U.S.-China Tensions

China’s maritime dominance in US crosshairs
China warns that U.S. proposal to levy port fees on Chinese ships could backfire

Global Trade

Drewry: World Container Index Down 6% Last Week
CMA CGM Group: Higher Tariffs Announced In The United States Could Have An Impact On Trade
Ocean Yield Reports Fourth Quarter Results

Decarbonization

Blue waters, green vessels: Three ways ING is helping shipping to become more sustainable

Global Shipbuilding

ST Engineering Marine Ltd., Singapore, selects Kongsberg Maritime design and equipment for new walk-to-work OSV
ClassNK Issues Approval In Principle For Ammonia-Fuelled Ammonia Bunkering Vessel Developed By NYK Line And LMG Marin AS

Chinese Shipbuilding

Valmet receives an automation order for two cable-laying vessels powered by methanol for Jan De Nul in China
World’s most powerful methanol dual-fuel marine engine launched in Shanghai

Chinese Trade

China’s shifting grain game is creating ripples across the global market

Maritime Technology

WiseTech Global and IQAX Enhances De Well Group’s Freight Forwarding Efficiency Through eBL Integration with CargoWise over GSBN

Panama Canal

Panama attorney-general agrees Hong Kong firm’s canal concession is ‘unconstitutional’

Global Ports

Trade union strike stops container ships in Germany’s Port of Hamburg
Ports of Rotterdam and Antwerp-Bruges call for swift implementation of Clean Industrial Deal

U.S. Port News

Port Houston Celebrates Record-Breaking Performance, Major Milestones
LA port braces for disruptions amid new fees, tariffs

South Korean Shipbuilding

Daewoo Shipbuilding & Marine Engineering files for court receivership after Sky I&D deal collapse
HD Hyundai leader reaffirms will to build automated shipyard

U.S. Ag Trade

Wheat up 3-6 cents, corn up 1-2, soy up 3-6
Wheat and corn find their feet after sell-off

MARITIME NEWS 2-27-25

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Hellenic News Articles

U.S.-China Tensions

Trump Administration must urgently assess risks of severe supply chain congestion before imposing China vessel port fees, analysts warn

Green Shipping

EU plans to boost green aviation and shipping fuels, but sends worrying signal on 2040 climate goal
International Windship Association launches new survey to gauge perception of low/zero emission vessels and wind propulsion technology

Decarbonization

Evaluation and financing is provided to Kawasaki Kisen Kaisha based on ‘Zero-Emission Accelerating Ship Finance’
MOL, KEPCO Sign MoU to Collaborate on Carbon Credit Project
Financing for the LNG-fueled Car Carrier “OCEANUS HIGHWAY” Based on the Zero-Emission Accelerating Ship Finance

Maritime Technology

CIBC Innovation Banking provides $20 million funding package to maritime tech consolidator ZeroNorth
Hoppe Marine and Smart Ship© Hub successfully upgrades German fleet with complete range of digital services
Telesat Partners with Intellian to Develop Ka-Band Flat Panel User Terminals for Telesat Lightspeed LEO Constellation
How Smart Technology Is Revolutionizing Marine Energy Efficiency

Taiwan Tensions

Taiwan detains China-linked cargo ship after undersea cable disconnected

South Korean Shipbuilding

Samsung Heavy Industries Launches ‘PFLNG TIGA,’ Setting New Standards in Offshore LNG Production

Chinese Shipbuilding

Yangzijiang Shipbuilding loses $3b in market value this week after shares sink for 4th day

U.S. Ag Trade

Wheat extends fall, corn steady before U.S. planting data
Analysts gunning for big US corn acreage could be let down, for now
US farmers to plant more corn, less soy in 2025, USDA says

MARITIME NEWS 2-26-25

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Hellenic News Articles

Decarbonization

Methane Slip – Shipping’s Growing Decarbonisation Threat
Why 2025 is such an important year for shipping decarbonisation

Green Shipping

World Shipping Council: EU must deliver on Clean Industrial Deal or risk losing its global competitiveness in shipping’s green transition
Clean Industrial Deal: Time for urgent action to support industry competitiveness and energy transition
Opportunity Green and The SASHA Coalition react to Climate Change Committee report
Damen Air Cavity System fuel efficiency capabilities verified by Lloyd’s Register

Maritime Security

Maritime Security Threat Advisory: Dryad Global

Maritime Advancements

A truly global perspective – the next generation of maritime speaks
Marcura acquires HubSE, expanding demurrage automation across all cargo types
Windward Launches Detention & Demurrage Automation Solution, Eliminating Cost Uncertainty and Unlocking Cash Flow for Freight Forwarders & Supply Chain Operators

U.S. Port News

US East and Gulf Coast dockworkers ratify new six-year contract
Savannah fastest growing port on U.S. East Coast

South Korean Shipbuilding

Samsung Heavy Industries Launches ‘PFLNG TIGA,’ Setting New Standards in Offshore LNG Production
HD Korea Shipbuilding to Issue Bonds to Propel Hydrogen and Wind Power Initiatives

Chinese Shipbuilding

Yangzijiang Shipbuilding reports 62% y-o-y increase in earnings of RMB6.63 mil for FY2024

Chinese Shipbuilding

Corn steadies after slide with planting data, tariffs in focus
US 2025-26 corn plantings seen at 93.6 million acres; soy 84.4 million

MARITIME NEWS 2-25-25

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Hellenic News Articles

Maritime Training

The future of maritime training: Building a digital bridge to excellence

U.S.-China Tensions

SHIPPING: US could charge Chinese-owned ships up to $1.5 million per port call
JPMorgan cuts Yangzijiang Shipbuilding stock rating to neutral

Green Fuels

The Energy Transition Is Not About Abandoning Fossil Fuels Overnight, But About Modernising How We Use Them, Says Fuelre4m
ABS Delivers Synthetic Fuels and Nuclear Power Reports for the European Maritime Safety Agency

Decarbonization

Argus launches FuelEU greenhouse gas reduction prices
Apollo secures flagship HOP2 Phase 2 offshore hydrogen production initiative contract with Net Zero Technology Centre

Green Shipping

Norsepower and Syroco collaborate to optimise wind-propulsion efficiency on commercial vessels

Global Ports

Transport minister inaugurates 7 investment projects at Chabahar port
Sohar Port begins deepening of LNG Project Navigation Channel
AD Ports Group Opens Its First Inland Dry Port Facility in Abu Dhabi Anchored By CMA CGM Following the Inauguration of CMA Terminals Khalifa Port
Dredging Operation at Hambantota International Port to Restore Harbor Depth

South Korean Shipbuilding

Medium-sized shipbuilders urge South Korea to enhance refund guarantees and support

Global Shipbuilding

Deltamarin partners with Wallenius Wilhelmsen on upsized Shaper Class vessels

U.S. Ag Trade

Corn eases further from 18-month high
Funds settle in to mega-bullish corn bets, maybe for the longer haul: Braun
Corn steadies after sell-off knocks prices from 18-month high
Corn slips from 18-month high on expectations of expanded US sowings

MARITIME NEWS 2-24-25

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GCaptain Articles

Pacific Tensions

New Zealand Foreign Minister to Question Chinese Naval Activity in Beijing Visit

U.S.-China Tensions

Trump Administration Proposes Massive Port Fees on Chinese-Built Vessels

Trump Targets China With Biggest Salvo So Far in Second Term

Global Offshore Wind

UK Announces Major Reforms to Offshore Wind-Development Targets 50GW by 2030

Offshore Energy

Saipem and Subsea 7 Ink $45 Billion Mega Merger

Global Trade

Shipping’s Price War: Spot Rates Slide as Carriers Battle for Cargo

Hellenic News Articles

U.S.-China Tensions

US attempts to curb China’s dominance in shipping, but actions could backfire
HMM and shipping stocks surge amid U.S. pressure on Chinese firms

Decarbonization

How BSM uses DNV’s Emissions Connect to master GHG compliance

U.S. Shipbuilding

New Nuclear Technology a Generational Opportunity for US Shipbuilding, Says ABS Chairman and CEO

Panama Canal

Statement of Chairman Louis E. Sola on Using a U.S. Sovereign Wealth Fund to Protect the Panama Canal

Global Ports

Drewry: Container Port Throughput Index Retreated in December
Ship managers suggest changes to IMO’s net-zero framework to avoid future legal action

South Korean Shipbuilding

GTT receives an order from HD Hyundai Heavy Industries for the tank design of 12 large LNG-fuelled container ships
South Korea secures tanker orders as U.S. sanctions impact Chinese shipyards

Global Shipbuilding

Freire Shipyard Delivers New Maintenance Support Vessel For Briggs Marine

MARITIME NEWS 2-21-25

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Hellenic News Articles

U.S. Port News

Florida International Terminal (FIT) advances its investment plan of US$ 25 million by 2026

Panama Canal

Panama exasperated over persistence of US allegations of Chinese control of canal

Port of Rotterdam

Cargo throughput in the port of Rotterdam slightly decreased in 2024

Global Ports

Jan De Nul builds new deep-water port in Senegal
Operational performance declines in most European ports while average call size increases
Chancay Port sees fruitful operation in first 3 months, highlighting win-win BRI cooperation

Maritime Technology

The Ports of Valencia and Seville Advance Drone Integration in U-Space Under the European U-ELCOME Project

South Korean Shipbuilding

South Korea’s shipbuilders seek overseas subcontracting amidst full docks

Chinese Shipbuilding

China’s First Methanol-Diesel Hybrid Vessel Reduces Shipping Pollution by Up to 99%

U.S. Ag Trade

Wheat up 4-7 cents, corn and soybeans steady-2 cents lower
Wheat set for seventh straight weekly gain on tightening supply

Green Shipping

International Chamber of Shipping Statement following the conclusion of ISWG-GHG 18: Urgent Work Remains to be Done Ahead of MEPC 83 in April
BAR Technologies Signs New Collaboration Agreement with CMET to Boost Availability of 20-24m WindWings®

Global Trade

Drwery: World Container Index Down 10% Last Week

MARITIME NEWS 2-20-25

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Hellenic News Articles

Green Fuels

Joint Public Statement on shipping fuels in the Clean Industrial Deal

Red Sea Crisis

Shipping companies stay away from Red Sea partly due to commercial interests

Maritime Technology

ClassNK and OceanScore agree collaboration for data-driven regulatory compliance

Global Shipbuilding

Largest ever permanent magnet shaft generator system order for 30 LNG carriers
Plugging AI skills gaps critical for future of shipbuilding industry
Nuclear-Electric Propelled Vessel Design from HD KSOE Earns ABS Approval

Global Ports

Operational performance declines in most European ports while average call size increases
Chancay Port sees fruitful operation in first 3 months, highlighting win-win BRI cooperation
Port of Salalah celebrates milestone expansion of 2 million TEU

U.S. Port News

Port Of Los Angeles Starts 2025 With Record January

U.S. Ag Trade

Chicago grains higher with weather and tariffs in focus
Corn and soy rise on South America output concerns; Trump tariff risk weighs

MARITIME NEWS 2-19-25

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GCaptain Articles

Global Shipbuilding

‘We Are Back’ Greek Shipyards Say After Decades of Pain

Taiwan-China Tensions

Taiwan Strait Not China’s, Taipei Says After Canadian Warship Passes Through

Hellenic News Articles

Green Shipping

New Report Shows That Green Shipping Corridors Will Need Additional Support Under A Global Fuel Standard
EU Awards €7,8 Million to Develop Next-Generation Power Systems for Green Shipping

Decarbonization

Completion of project for zero CO₂ emissions on sea transport

Maritime Technology

Marcura’s New Chapter: Accelerating Global Trade with a Unified Ecosystem Driving AI-Powered Automation and Efficiency for Smarter Maritime Decisions

Global Shipbuilding

Elomatic and Thyssenkrupp Marine Systems sign ship design contract to develop groundbreaking research icebreaker: the new Polarstern

Green Fuels

Marine fuels blended with Cashew Nutshell Liquid biofuel

U.S. Port News

Sentinel Midstream’s “Texas Gulflink” Deepwater Port Receives Approval From U.S. Maritime Administration

South Korean Shipbuilding

Samsung Heavy delivers first container ship equipped with SAVER Wind technology
Korean shipbuilders to benefit from rising LNG, oil tanker demand

U.S. Ag Trade

Corn holds at 16-month high while soybeans also firm
Funds snap long buying streak in Chicago corn and soybeans: Braun
Corn holds near 16-month high on strong US export demand