Category: News

MARITIME NEWS 3-18-24

San Pedro Bay Ports Get Off to a Busy Start in 2024

Maersk Supply Service Partners with Edison Chouest to Speed Up Offshore Wind Installations in the U.S.

Georgia allots $6M to Brunswick harbor improvements

APM Terminals renews leadership in the Americas and Mexico region

China slams U.S. protectionism in shipbuilding

Strategic Marine’s new Gen 4 crewboat pair debut into Thailand with industry’s first Hybrid + vessels for Truth Maritime Services

Pressure builds for charge on global shipping sector’s CO2 emissions

MEPC81: Carbon Intensity Indicator: Demands for UN Shipping Body To Strengthen Efficiency Rules

China’s export container shipping price index up 20.9 pct in February

Groke Technologies Welcomes Energy Saving And Safety Performance Of First Windwings Ship

DFDS intensifies decarbonisation efforts with 100 additional electric trucks

IMO’s 2030 and 2040 GHG reduction targets now explicitly linked to fuel standard, whilst momentum builds on a universal GHG price (levy), but all options remain on the table

MARITIME NEWS 3-14-24

National Maritime Historical Society Charting New Course Under Cathy Green

Hapag-Lloyd Seeks Cost Cuts as Net Profit Slumps

Overcapacity Pushing Rates to ‘Unsustainable Levels’, Maersk CEO Says

South Fork Wind Project Makes History as America’s First Utility-Scale Offshore Wind Farm

Trade Rises at Port of Long Beach in February

Green methanol agreement could see Townsville join global green shipping network

IAPH publishes an easy-to-use guide to discussions underway at the IMO on the reduction of Greenhouse Gas emissions from ships

Unit53 Delivers 53ft Dry Container With Security And Sustainability At Design Core

Panama Canal Announces Increase in Daily Slots at Panamax Locks

NIBC’s Shipping business shows robust 2023 performance amid dynamic international economic environment

LNG-fueled Car Carrier CERULEAN ACE Delivered~ MOL Moves Steadily toward Goal of 90 LNG/Methanol-fueled Vessels by 2030

90POE Expands Operations in Norway, Supporting Maritime Digitalisation and Sustainability in the Region

Wärtsilä Lifecycle Agreement to support optimised low-emission operations for two P&O Ferries vessels

New EGNOS Safety of Life assisted Service for Maritime users is now available

Sail-powered cargo ship ‘shows potential of wind’

MARITIME NEWS 3-13-24

Wind-Assisted Propulsion Trial Off to Promising Start

Biden Eyes Chinese Shipbuilding Subsidies as Tensions Simmer

Labor Unions Propose Fees on Chinese-Built Ships Calling at U.S. Ports

First Offshore Wind Farm Approved to Connect to New York’s Grid

Chinese-made cranes used at Canadian ports flagged as security concern by U.S.

Ships above 12,000 TEU drive 100% increase in average ship size

IMO Sub-Committīī On Ship Systīms And Equipment (SSE 10)

Tadek Ocean Engineering delivers innovative mooring and cable solution for pioneering Renewables for Subsea Power (RSP) project

MARITIME NEWS 3-12-24

Panama Canal Increasing Daily Transit Slots Amid Improved Water Levels

MARAD Announces $500 Million Funding for Port Infrastructure

US Labor Unions Call for Investigation Into China’s Unfair Shipbuilding Practices

The Port of Bilbao, the setting for an institutional and business meeting for the development of an intra-European corridor for green hydrogen

Reports Examine Readiness of Emerging Alternative Fuel Options

MOL and Rio Tinto Sign Partnership Agreement for Further Collaboration including Decarbonization of Maritime Transportation

Seanergy partners with SulNOx for green fueltech pilot

Tsuneishi readies 5th expansion in shipbuilding in Cebu

The Liberian Registry Aids in the Design Approval for HD Hyundai’s High-strength Composite Hybrid Support of Independent Tanks Liquefied Gas Carriers

Alfa Laval OceanGlide fluidic air lubrication system secures the first Memorandum of Understanding with a Korean shipyard

Chartwell makes strategic hire to expand into fast passenger ferries and drive sector’s decarbonisation

Collaboration and technology: the dual-pronged key to maritime safety

MARITIME NEWS 3-11-24

IMF PortWatch: Suez Canal Trade Cut in Half

TPM24: Spot Rate Spike Hits Transpacific Contract Negotiations

Port of New York and New Jersey Kicks off 2024 Strong

U.S. Intelligence Report Says Country Faces ‘Increasingly Fragile World Order’

Odfjell Oceanwind Secures Major Funding for Barents Sea Floating Wind Project

Strikes at East Coast, Gulf ports are a big labor risk this year, and trade diversions have already started

Korean Gov’t, Shipbuilders to Make Massive Investment in Future Tech

South Korean shipbuilders fulfill discounted orders to lift earnings

Deltamarin: Hidden pieces of shipping decarbonization

Smart Green Shipping begins on-land testing of FastRig, a new easy retrofit wingsail designed to cut costs and emissions

MARITIME NEWS 3-8-24

US Container Imports Resilient Despite Shipping Challenges

Global Trade Struggling to Bounce Back from 2023 Slump, WTO Says

US Lawmakers Demand Answers from Chinese Crane Manufacturer Over Port Security Concerns

Preventing and combatting violence and harassment in the maritime sector

Descartes Releases March Global Shipping Report: February U.S. Import Container Volume Continues Strong Performance

Drewry: World Container Index Down 6% Last Week

EH Group gets ‘Approval In Principle’ from DNV for its 250kW Marine Fuel Cell System

Port Houston Project 11 Reaches New Milestone

Korean Shipbuilders Reclaim Top Spot from China in February

MARITIME NEWS 3-7-24

TPM24: Shippers Slow Walk New Contracts Amid Red Sea Rate Shock

TPM24: Weary Shippers Unconvinced of Gemini’s Hub-and-Spoke Transhipment Model

Strong Month for U.S. Imports in February

IMO ponders new GHG policies, while shipping sector awaits low-carbon economic incentive

Red Sea Disruptions Benefit Shipping Companies’ Near-Term Profitability

Development of N2O Removal Equipment for Ammonia-Fueled Carrier, Selected for The Green Innovation Fund project “Next Generation Ship Development”

N2O Removal System for Ammonia-Fueled Ships Selected to Receive Developmental Support from Japan’s Green Innovation Fund

Norwegian Greentech contracted to equip hybrid bulk carriers

Port of Rotterdam Authority presents 2023 annual report

Savannah container volumes up more than 14 percent in February

SSA Marine and Port of San Diego Introduce Zero-Emissions Cargo Handling Equipment at the Tenth Avenue Marine Terminal

MARITIME NEWS 3-6-24

IMO and ILO Launch Joint Efforts to Combat Violence and Harassment in Maritime

Tanker Newbuild Contracting Surges to Kick Off 2024

Ships and ports will be crucial in achieving EU climate goal

Clean Energy Strategy and the Cost of Compliance in Focus at the ABS Southeast Asia Regional Committee

Protecting marine biodiversity and decarbonizing shipping – industry alliance sets plans for 2024

Coast Guard will not enforce new California rule, citing ‘safety concerns’

Jan De Nul Group extends contract with Castor Marine for full fleet Hybrid LEO and GEO Connectivity

Indian Register of Shipping Partners GRSE for Development of Autonomous and Green Energy Vessels

To cut the impact of shipping’s emissions on air pollution, climate, biodiversity and human health, the UK Government must extend the Emissions Control Area (ECA)

Syngenta to Reduce Carbon Impact of Ocean Shipping with Maersk’s ECO Delivery

S. California eyes stronger cooperation with China on low-carbon shipping

MARITIME NEWS 3-5-24

New Bill Targets Coast Guard’s Handling of Sexual Assault Cases

CO2 emissions from coal shipping stay strong in 2020 as green pressures grow

Wärtsilä collaborates with leading naval engineering firm to reduce port emissions across North America

Wartsila aims to sell CCS with quick paybacks for IMO 2040 target

ASL rebrands as Adhira Shipping and Logistics and expands its range of global logistics services

Höegh Autoliners secures significant Enova funding for two ammonia-powered vessels

NYK Participates in International Seminar on Liquefied CO2 Capture, Utilization, and Storage High interest from Japan and abroad in quantitative assessment and issues throughout the value chain

First-ever fixed suction sails for ro-ro segment as bound4blue completes eSAILs® installation on Airbus-chartered LDA vessel

Representatives of Chinese ports visit the Port of Bilbao to learn about its specialised services for the wind power sector

HD Korea Shipbuilding & Offshore Engineering Achieves 53% of Annual Order Target

Samsung Heavy wins $150 million order for shuttle tanker

MARITIME NEWS 3-4-24

TPM24: Liner Heavyweights Face Tough Transpacific Contract Talks

MAN Energy Solutions to Offer Ammonia-Fueled Ship Engines After 2027

Port of Savannah Container Volumes Surge in February

Suez Canal Head Says Egypt Studying Further Expansion of Waterway

TPM24: Risk is the New Normal for Shipping

China reopens after Chinese New Year, Container rates plateau

EU ETS and FuelEU call for proactive risk management

CMA CGM Partners with Nike for Sustainable Shipping

Sustainability of freight rates and the ripple effects of the Red Sea Crisis

Odfjell Terminals Houston celebrates successful completion of state-of-the-art Bay 13 expansion

Georgia Ports highlights site selection opportunities

Rotterdam World Gateway container terminal invests in shore-based power

Veer Moves to Select Shipyard

MARITIME NEWS 3-1-24

Taiwan Faces Steady ‘Drip’ of Pressure from China

Shippers, Carriers Navigate Soaring Rates Heading Into Contract Negotiations

Tidewater Shares Surge as 2023 Revenue Tops $1 Billion

‘Sky’s the limit’ for shipping derivatives

XSI® records biggest increase in 18 months as US shippers and ocean freight carriers head into contract negotiations

Drewry: World Container Index Down 5% Last Week

Samskip begins construction phase of its next generation zero-emission short sea container vessel with “steel cutting ceremony”

HAV Design contracted to design autonomous zero-emission ferries

A Sea Change: Sustainable Shipping Solution to Generate Carbon Credits

BV research confirms central role of operational and energy efficiency in meeting shipping’s 2050 carbon budget

Biden administration warns Congress about China’s major presence at critical US ports

HD KSOE and Hyundai Power Systems to Develop Onboard Carbon Capture System

MARITIME NEWS 2-29-24

CMA CGM Completes $5 Billion Bollore Logistics Takeover

New York Awards Awaited Offshore Wind Contracts

UN: Applying the Law of the Sea to Protect International Shipping

ZeroNorth partners with Vitol to facilitate EUA purchases, accelerating green shipping

Approval in Principle (AiP) from Japanese Classification Society Class NK for the design concept of the Multi-functional Floating offshore windfarm Support Vessel

ABB to supply shore connection solution to Portsmouth International Port

HD Hyundai Holds Marine Platform Technology Meeting with Siemens

Soybeans fall to new 3-year low, corn off 2-week high