Category: News

MARITIME NEWS 8-2-24

Posted on by propellerclub

GCaptain Articles

Crowley and SEACOR Launch Jones Act Tanker Company Fairwater Holdings

Maersk Sees Red Sea Disruption Lasting Through 2024

Hellenic News Articles

Damen books records for revenue and order book
Veer Selects Fosen Shipyard For Wind Power and Hydrogen Container Vessels
Drewry: World Container Index Down 1% Last Week
NYK Recognized for Achieving Top Tier in U.S. West Coast Vessel Speed Reduction Incentive Program for Second Consecutive Year
Matson, Inc. Announces Second Quarter 2024 Results
MOL Obtains AiP for “LNG Carrier Installing Wind Challenger”- The World’s First Approval for an LNG Carrier
NYK Presents Its Decarbonization Strategy at International Forum Supported by Indonesian Government Continuing to contribute to Indonesian CO2 storage hub
Ocean Network Express released Financial Result for FY2024 1st Quarter
Just 1 in 10 shipping and logistics firms consider geopolitical risks a part of their ESG programme, finds S-RM
Panama Canal Announces New Long-Term Slot Allocation Method for Neopanamax Vessels
UK Chamber joins forces on a long-term plan to decarbonise shipping

MARITIME NEWS 8-1-24

Posted on by propellerclub

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Crowley Takes Delivery of Largest U.S. Jones Act-Compliant LNG Bunker Barge

ONE Lifts Profit Forecast as Longer Voyages, Strong Demand Boost Container Spot Rates

Hydrogen Demand Will Require Hundreds of Additional Ships, Report Says

Maersk Raises Guidance Again Amid Red Sea Disruptions

Hellenic News Articles

Suez Canal Zone’s revenues hit $170.7mln in FY2023/24
Enterprise Expanding Houston Ship Channel Export Facility
A Georgia seaport is closing the gap with Baltimore, the top US auto port
GTT receives two orders from HD KSOE for the tank design of CMA CGM’s 12 LNG-fuelled container ships
HD Hyundai Marine Solution seals $60m European vessel service deal
Korean Shipbuilders Attract Record Foreign Investment amid Industry Recovery
New hydrogen demand report unveils once in a generation opportunity

MARITIME NEWS 7-31-24

Posted on by propellerclub

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Panama Canal Looks to Boost Transits in September as Rains Come Early

UK Government Announces Record Budget for Offshore Wind Projects

Hellenic News Articles

MPA Collaborates with Microsoft to Boost Innovation, Cybersecurity, Digital, and Green Transformation for Maritime Industry
Development of the Environmental and Social Impact Study for East Mole Terminal in Pointe Noire
Specter of crippling strike looms over Korean shipyards
Fincantieri and Accenture Join Forces to Lead Digital Industrial Innovation for Ports and Vessels
European Commission launches Ship Financing Portal to boost the maritime sector’s green transition
Ocean container shipping market reaches a tipping point
Artemis Technologies expands to U.S. with Brooklyn office
Ship-to-Ship Bunkering Boom for Fuel Ammonia Obtains AiP from ClassNK Increases safety in emergencies with a unique instantaneous take-off device developed jointly with TBG
Introduction of Sofar’s Wayfinder, Dynamic Voyage Optimization Platform-Reduce fuel and GHG emissions by an average of 6% through efficient operation utilizing high-precision weather forecasts

MARITIME NEWS 7-30-24

Posted on by propellerclub

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Enterprise Products Partners Reveals Major Expansion of Export Capacity Along Houston Ship Channel

Hellenic News Articles

Konecranes is establishing a network of partners to build a full range of port cranes in the United States
PortXchange Finalist For The Prestigious Technology Of The Year Award: Votes Now Open
Climate targets inspire confidence
Wilson Sons implements new dock automation system at Rio Grande Container Terminal
Four digital pillars to accelerate the future of ship design
HD Hyundai Heavy Industries Takes Bold Step in Localizing Eco-Friendly Dual-Fuel Ship Engines
Accelerated uptake of carbon capture unlocking shipping opportunity
Fortescue collaborates with COSCO SHIPPING to decarbonise shipping
Dataloy Launches Pioneering Voyage Management Enhancements To Elevate Chartering Efficiency Across Key Sectors
Ocean Technologies Group Recognises Methanol’s Rising Popularity as Alternative Fuel of Choice with New E-Learning Course

MARITIME NEWS 7-29-24

Posted on by propellerclub

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China’s COSCO and Fortescue Look to Build Green Fuel Supply Chain

Maryland Offshore Wind Project Nears Federal Approval

Hellenic News Articles

Chinese ports container volume rises 8.5 % in the first half of a year 2024,Ningbo Containerized Freight Index increase slightly in July 2024
PortXchange Finalist For The Prestigious Technology Of The Year Award: Votes Now Open
Hanwha Ocean spurs innovation for greener shipbuilding
HD Hyundai Marine Solution wins $60 mn ship maintenance contract
Navalrocha Shipyard reports record half-year performance following surge in LPG and Product Carrier projects
Seafarers Happiness Index shows modest rise in well-being in Q2 2024, but concerns emerge over a ‘two-speed’ industry
Leading maritime cities driving decarbonization of shipping
Apollo Announces Successful Trial of Innovative PALM Quick Connection System for Floating Offshore Renewable Device Cables and Moorings

MARITIME NEWS 7-26-24

Posted on by propellerclub

GCaptain Articles

Container Shipping Rates Snap Weeks of Gains as Restock Rally Fades

BOEM Receives Unsolicited Lease Request for Gulf of Mexico Offshore Wind Area

Cyan Renewables Acquires MMA Offshore for $702 Million

Hellenic News Articles

PortXchange Finalist For The Prestigious Technology Of The Year Award: Votes Now Open
Vietnam ports gain from congestion in trade routes
First half 2024 results: Strong growth in revenues and earnings; very robust order intake momentum
Exercise caution with ammonia switch
American Bureau of Shipping (ABS) Approves the VIRSEC Maritime English Tests: Setting New Standards of Competency
ClassNK releases ‘ClassNK Technical Journal’: Introducing initiatives for vehicle carrier fires
Corn and soy fall as rain forecast in US, wheat up

MARITIME NEWS 7-25-24

Posted on by propellerclub

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CMA CGM Reports Strong Quarter Amid Geopolitical Tensions

CMA CGM Sees Shipping Demand Holding Up

Maersk Line Limited Settles with U.S. Department of Labor in Whistleblower Retaliation Case

Hellenic News Articles

EMA and MPA shortlist two consortia to further study viability of ammonia for power generation and bunkering
US wind power falls to 33-month low, generators burn more natgas
Shipbuilding stocks soar on industry growth and investor optimism
Drewry: World Container Index Down 2% Last Week
CMA CGM Group Reports Increase In Business Volumes Driven By Sustained Demand In Maritime Shipping Amid Disruption To Major Routes
Industry First Advisory from ABS on Ammonia Bunkering
OneLearn Global launches groundbreaking eLearning course to help equip seafarers to handle the new SIRE 2.0 inspection process
China’s container shipping volume to US jumps 15% in June

MARITIME NEWS 7-24-24

Posted on by propellerclub

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Record Growth in Containership Fleet Capacity, BIMCO Reports

Navy Secretary Launches $50 Million Michigan Maritime Manufacturing Initiative

Hellenic News Articles

Drewry: Port Throughput Index 3.9% Higher in May
Port Houston Resilient through Turbulent July
Solar and Wind Power Generation Begins at Finished-Vehicle Logistics Terminal at Port of Tianjin, China Toward the realization of an eco-friendly green terminal
HD KSOE partners with University of Michigan to foster US ship engineers
ADNOC L&S joint venture awards $1.9bln contract to Chinese shipbuilder
S. Korean shipbuilders focus on innovation, Chinese on expansion
Container ship fleet expands by 11%, fastest growth in 15 years
China Container market update – July 2024
NYK Bulkship (Atlantic) Installs NYK Group’s First Wind-Assisted Ship-Propulsion Units Reducing GHGs Through Sustainable Wind Propulsion
Wärtsilä electrification solutions to support CSL with emission reduction targets

MARITIME NEWS 7-23-24

Posted on by propellerclub

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Houthi Threat to Red Sea Shipping is Growing, UN Envoy to Yemen Says

Carnival Corporation Orders Three New Cruise Ships at Fincantieri

Hellenic News Articles

X-Press puts into operation the first of 14 methanol vessels
Freight group K+N second-quarter profit dip beats forecast
AST Networks and SAL Announce Partnership and Launch
Georgia Ports welcomes MANA Nutrition’s new food processing facility
LNG Container Ships Gain Traction Over Methanol: Beneficial to Korean Shipbuilders?
A rapidly growing China-owned fleet
Global Trade Activity Stabilizing Amid Signs of Two-Speed Recovery
New Study Shows Real World Complexities And Shortcomings Of The IMO’s Carbon Intensity Indicator (CII) Formula
Bridging the gap: from compliance to cyber resilience
Corvus Energy Blue Whale ESS awarded RINA Type Approval

MARITIME NEWS 7-22-24

Posted on by propellerclub

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Shipping’s Carbon Emissions Soar as Houthi Attacks Fuel Longer Voyages

FMC Finalizes Rule for Assessing Ocean Carriers’ Denial of Cargo Space

Hellenic News Articles

Buttigieg Hails ‘America’s Green Gateway’ at Groundbreaking
Houston Ship Channel closes due to a sunken tow vessel
Panama Canal trade passage unaffected by cyber outage, authority says
Port Houston says two terminals experienced system failures as part of global tech outage
China delivers world’s first river-sea LNG bunker and transport vessel
Why less critical spare parts for ships may matter more than you think
Shipping: Global container rates edge higher, volumes shifting to West Coast ahead of tariffs
ABS and the U.S. Coast Guard Research and Development Center to Collaborate on Cutting-Edge Maritime Technologies
OneLink Signs Deal with ShipIn Systems for AI-Powered Fleet Management
Singapore’s maritime decarbonisation centre completes its final marine biofuels trial
Retailers’ early US back-to-school sales hasten peak ocean shipping season
Shipping disruptions now affect Maerk’s global trade routes amid Red Sea crisis

MARITIME NEWS 7-19-24

Posted on by propellerclub

GCaptain Articles

USMX Ready to Resume Negotiations to Avoid Port Disruptions

Lomar Shipping Looks to Kites to Help Lower Emissions

Retailers’ Early US Back-to-School Sales Hasten Peak Ocean Shipping Season

Hellenic News Articles

Growth for Port of Antwerp-Bruges in first half of 2024
Port Houston Regular Commission Meeting
Port Of Los Angeles Posts Strong June Volume; Cargo Up 14% At Mid-Year Point
Electric container handling equipment: APM Terminals builds global safety & emergency response expertise
Drewry: World Container Index Now 286% Higher Than Last Year
MOL to Invest in Carnot, a Tech Startup Developing Ways to Dramatically Increase Engine Fuel Efficiency, Slash GHG Emissions
Wärtsilä’s Half-year Financial Report: Order Intake, Profitability And Cash Flow All Improved
The Global Centre for Maritime Decarbonisation concludes its final biofuel blend supply chain trial with Hapag-Lloyd

MARITIME NEWS 7-18-24

Posted on by Todd Crawshaw

GCaptain Articles

LNG Carrier Bottleneck Grows On slow Freeport LNG Restart After Beryl

Suez Canal Revenue Drops as Some Shippers Shun Red Sea

CMA CGM to Integrate Google AI Across Shipping and Logistics Operations

U.S. Coast Guard Issues Warning After Wind Turbine Blade Breaks Off at Vineyard Wind Farm

Hellenic News Articles

Throughput port of Rotterdam virtually unchanged in first half 2024
Port Of Los Angeles Awarded $8 Million To Accelerate Its Port Optimizer Technology
Guangzhou Diesel Engine Factory Co., Ltd. (China) Reaches Cumulative Production of 100 Units of UE Engines
Clean power – Damen D16 engine receives EU stage V emissions regulations certificate
Shanghai’s three key shipbuilders create waves globally
Dual Fuel fleet additions continue to rise: Increase of c.72% year-on-year comparing 2018 vs 2023
ITOCHU, Nihon Shipyard, ClassNK and MPA, signed MOU for joint study of ammonia fueled bulk carriers
CMA CGM Embarks on a Strategic Partnership with Google to Deploy AI across all Shipping, Logistics, and Media Activities
BOURBON and Opsealog partner to reduce fleet emissions through data-driven fleet optimization
STAX Engineering Secures $40M to Bring the 3 Largest Shipping Vessel Classes into California Air Resources Board Compliance