Category: News

MARITIME NEWS 4-3-24

Wallenius Wilhelmsen Expects Up to $10 Million Hit from Baltimore Bridge Collapse

Inbound Container Growth Pushing U.S. Ports to Their Limits, Shipping Veteran Says

Wartsila to Deliver its First Ammonia Ship Engine in Early 2025

Baltimore bridge collapse reveals a critical gap in federal government’s port protection powers

Southampton: Port incentives switch freight from road to rail

Second channel opens around collapsed Baltimore bridge, but not for shipping

Container Traders Anticipate Rise In Disruptions and increase in container prices in the Wake of Baltimore Bridge Collision

IMO agrees possible outline for maritime “net-zero framework”

COSCO Shipping to bulk up with 80 new vessels

Korea reclaims crown from China as world’s top shipbuilder

Shipping regulation updates introduced to enhance safety at sea

MARITIME NEWS 4-2-24

Captain’s Complacency Led to Bridge Strike on Mississippi River

U.S. Navy Shipbuilding Running Behind Schedule

Biden Administration Approves Eighth Offshore Wind Project

Forecast impact on US East Coast container port calls following collapse of Francis Scott Key Bridge in approach to Baltimore Port

The Sea Cargo Charter expands its scope to accelerate shipping’s decarbonization

Shipping industry faces fuel dilemma in bid to cut emissions

Trapped vessels start moving out of Baltimore after bridge collapse

Innovation from North-East pioneering green technology company on track to revolutionise decarbonisation of vessels

“K” LINE enters into Long-Term Time Charter with QatarEnergy for Four Newbuilding LNG vessels

CMA CGM and GTS Logistic announce establishment of strategic joint venture for decarbonized transportation and logistics services in Europe

MARITIME NEWS 4-1-24

California Lawmakers Urge Delay in New Marine Vessel Retrofitting Rule

Navigating Uncertainty: El Niño, La Niña, and the Panama Canal Drought

Baltimore Ship Accident Has East Coast Ports Scrambling To Absorb Cargo

QatarEnergy To Charter 19 New LNG Vessels Expanding Fleet Further

Baltimore bridge collapse: Ships carrying cars and heavy equipment need to find a new harbor

Baltimore Bridge Collapse: Temporary Channel Opens

Austal Rejects Takeover Proposal from Hanwha Ocean

MARITIME NEWS 3-29-24

Baltimore Bridge’s $2 Billion Rebuild Starts With Clearing the Ship

ONE and Yang Ming Provide Transpac Network Clarification for Post-Hapag Exit

East Coast Ports Face Challenge of Diverted Baltimore Cargo, Drewry Says

More and more shippers take action on seaborne GHG emissions

Drewry: World Container Index Down by 3% Last Week

Baltimore port bridge collapse: Global ocean carriers put U.S. companies on hook for urgent cargo pickup

Will Baltimore bridge collapse hit global supply chains?

IMRF launches #FutureSAR Report to address climate change impact on maritime SAR operations

MARITIME NEWS 3-28-24

Baltimore Key Bridge Disaster Could Become Costliest Maritime Accident in History

Baltimore bridge port blockade won’t trigger new supply chain crisis, experts say

International® Marine Coatings Big Data Technology Accurately Predicts Realised Vessel Performance Over Five Years, New Whitepaper Reveals

ClassNK grants Innovation Endorsements for Products & Solutions to two innovative initiatives by MOL

‘Too early to judge’: Global carmakers contend with closure at busiest U.S. auto port

US supply chain task force to discuss Baltimore bridge collapse

GPA Board approves $65M for Ocean Terminal

Mitsubishi Shipbuilding Receives Order from the University of Tokyo for “MiPoLin” Power Prediction and Lines Selection System

Chicago futures inch lower ahead of key USDA reports

MARITIME NEWS 3-27-24

Georgia Ports Authority Approves Major Upgrades at Savannah Container Terminal

East Coast Ports Work To Reroute Baltimore Cargo

Equinor Strikes Major Labor Agreement for South Brooklyn Marine Terminal Construction

S&P Global Analysis: Baltimore bridge collapse disrupts local traffic, global shipping

How shipping containers can make or break the global economy

Simply Blue Group Diversifies To Develop Sustainable Fuels Projects

Vuyk Engineering embraces SSI ShipConstructor for enhanced design and operational efficiency

U-Ming Singapore and ITOCHU sign milestone MoU for the joint development of Ammonia Dual-Fuel and De-Carbonised vessels

Port Authority appeals to EU: position ports smartly for future-proofing Europe

SC Ports efficiently works big ships as imports increase

China: Shipbuilders riding crest of global orders

HD Hyundai chair commits to upping support for foreign workers

Corn, soybeans fall as market adjusts ahead of USDA reports

Heavy US corn market seeks to avoid acreage bomb on Thursday -Braun

MARITIME NEWS 3-26-24

Port of Baltimore Shipping Traffic Frozen By Bridge Collapse

Decarbonization efforts will lead to a net increase of 237 Bn ton-miles, predicts Veson Nautical

Baltimore bridge collapse: potential for significant supply chain disruption

Shipping majors profiteering from EU carbon emissions charge – study

Avikus Autonomous Navigation Proven To Reduce Fuel Usage And Carbon Emissions

Chevron’s collaborative technical event with Petrol Ofisi reinforces its commitment to drive change through partnership

Wärtsilä Lifecycle Agreement to guarantee operational reliability of new Wind farm Installation Vessel

Svitzer Targets Methanol-Fuelled MAN 175DF-M Engine for Tug Application

Emissions under EU ETS fall 11% in 2023 on weak macroeconomics: S&P Global

Agreement on IMO Global Fuel Standard in the making

At least 10 ships bound for Baltimore drop anchor after traffic stopped, shipping data

Hanwha Ocean Secures Contract for 8 LNG Carriers from Qatar

MARITIME NEWS 3-25-24

World’s First Global CO2 Charge Inches Closer at IMO Meeting

US Revises Tax Credit Rule to Help Offshore Wind Projects

IMO progress and GHG levy momentum increases the imminence of the endgame for shipping’s use of fossil fuels

ETS: ‘Quite a year’ for ship owners

A Global Carbon Tax on Shipping is Coming, Says ABS Chairman and CEO

China’s weekly export container shipping index down

Eni, Fincantieri and RINA establish partnership for maritime transport decarbonization

Fugro completes primary phase in first vessel conversion to green methanol fuel

Yara Clean Ammonia and Azane granted safety permit to build world’s first low emission ammonia bunkering terminal

MARITIME NEWS 3-22-24

Study Reveals US Offshore Wind Projects Could Lower Costs, Bolster Grid Reliability

Drought Threatens to Snarl Mississippi River Traffic for a Third Year

Cost Gap for Sustainable Shipping Fuels Could Close by 2035, Says Wärtsilä Report

World’s First Ammonia-Powered Vessel Sets Sail in Singapore

Fiji to Sign Ports Deal with Australia in Shipbuilding Boost

MEPC 81: Support For Pricing Greenhouse Gas Emissions from Shipping Grows But Important Pieces Of Puzzle Still Missing

ICS Welcomes the Conclusion of the IMO Marine Environment Protection Committee (MEPC81) Meeting

U-Ming Singapore and ITOCHU sign milestone MoU for the joint development of Ammonia Dual-Fuel and De-Carbonised vessels

JX, NYK, and KNCC Jointly Study Optimization of CO2 Liquefaction and Storage Process

Infinium’s Project Pathfinder is World’s First Fully Operational eFuelsFacility

Mental Health Support Solutions Launches Book Series for Seafarers’ Mental Wellbeing

MARITIME NEWS 3-21-24

Global Trade Expected to Rebound in 2024, UNCTAD Reports

Offshore Wind’s Next Big Problem? Not Enough Ships

Positive outlook for carbon shipping amid big push to solve technical challenges

Sustainable shipping fuels can reach cost parity with fossil fuels by 2035 with decisive policy, says new Wärtsilä report

Stena Provident successfully completes first ever methanol bunkering at the Port of Savannah

BIMCO: Container Shipping Sailing Speeds To Decrease Moving Forward

ABB’s shore connection technology drives decarbonization of DEME’s fleet in the Port of Vlissingen

Marlink delivers future-proof hybrid network solution for unique digital experience onboard Exploris One

Ocean Harvesting raising 500,000 Euro for design update of InfinityWEC wave energy converter and preparation for sea trials

MARITIME NEWS 3-20-24

Nike Commits to Sustainable Biofuel for Portion of CMA CGM Cargo Volumes

Biden Administration Plans Second Offshore Wind Sale in Gulf of Mexico

Trump tariff threat: Another reason why US shippers are moving cargo early in 2024

TECO 2030 Receives AIP from DNV for Onboard Compressed Hydrogen Fuel Systems

The United States Of America And Panama Keep On Adding Efforts For International Compliance Cooperation

MOL, Idemitsu, HIF Team up to Develop e-fuel/e-methanol Supply Chain, Including Marine Transport of CO2

MARITIME NEWS 3-19-24

The Alliance Reinstates Transpacific Service to Reassure Shippers

PowerCell Group collaborates on hydrogen fuel cell infrastructure demonstration

Sail-powered cargo ship completes global journey and saves up to 15% on fuel

Cyprus Shipping Chamber delves into emissions trading system

China’s Container Trade Faces Hold-Offs Due to Supply-Demand Imbalance

“K” LINE Begins Participating in Joint Study on Liquefied CO2 Marine Transportation for Carbon Dioxide Capture and Storage

A look inside the Chinese cyber threat at the biggest ports in US

Port Of Los Angeles February Cargo Volume Jumps 60% Over Previous Year