Category: News

MARITIME NEWS 1-3-25

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U.S. Offshore Wind

Biden Administration Advances Offshore Wind Leasing in Guam

Chinese Shipbuilding

Second CO2 Transport Ship Delivered for Northern Lights CCS Project

U.S. Maritime Companies

Crowley Expands Pacific Northwest Harbor Services with Main Line Acquisition

Hellenic News Articles

U.S. Port News

SHIPPING: Union dockworkers, ports to resume negotiations ahead of 15 Jan deadline

Global Trade

AD Ports Group Closes 2024 with Strong Growth, Solidifying its Position as a Leading, Integrated Trade and Logistics Group
Drewry: World Container Index Up By 3% Last Week
The shipping industry, which enjoyed a boom last year, is optimistic about rising freight rates

South Korean Shipbuilding

HD KSOE eyes $180.05 bn worth of orders in 2025
HD Hyundai Heavy Industries stock exceeds 300,000 won amid strong investor sentiment
Shipbuilding workforce in South Korea increases for first time in 9 years

U.S. Shipbuilding

Growth Likely on the Horizon for America’s Shipyards in 2nd Trump Administration

U.S. Ag Trade

Wheat down 4-5 cents, corn down 1-3 cents, soy down 6-8 cents
US-China trade war to drive soybean markets, impact South America

Green Shipping

Alternative-fuelled ship orders grow 50% in 2024

MARITIME NEWS 1-2-25

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U.S. Port News

US Dockworkers, Port Employers Set to Restart Talks Next Week

U.S.-China Tensions

U.S. Department of Defense Sounds Alarm Bells About China’s Growing Presence in Arctic

Hellenic News Articles

Global Ports

Ctg Port sets new records in handling containers and cargoes in 2024
Port Of Tanjung Pelepas Makes History As First Container Terminal In Malaysia To Surpass 12 Million TEUs Throughput

U.S. Port News

US dockworkers, port employers set to restart talks on Jan 7, Bloomberg News reports
Maersk asks customers to remove cargo before potential strike at US ports

Chinese Maritime

Chinese technologies power up intelligent port in South America

Global Shipbuilding

Shipbreaking industry to implement workers’ minimum wages from new year

South Korean Shipbuilding

HD Hyundai hunts shipbuilding growth despite rise in global protectionism
Samsung Heavy Industries struggles as other shipbuilders thrive amid Trump’s policies

U.S. Ag Trade

Corn and wheat steady-up 2 cents, soybeans seen mixed
Asia’s corn market prepares for volatility in 2025 amid US-China trade tensions

Decarbonization

The Risks of Decarbonized and Digitalized Shipping

Global Trade

Tonnage shortage and strong demand to keep project carrier rates elevated in 2025

U.S. Maritime Service

Crowley Acquires Main Line Inc., Expanding Harbor Services with Mooring Capabilities

MARITIME NEWS 1-1-25

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U.S. Port News

Maersk Sees No Progress in U.S. Port Talks

U.S. Offshore Wind

Biden Administration Approves 11th Major U.S. Offshore Wind Project

U.S. Shipbuilding

Hanwha Completes $100M Acquisition of Philly Shipyard, Marking First Korean Shipbuilder in U.S.

Chinese Shipbuilding

China Delivers Arctic-Capable Research Vessel, Expanding Polar Presence

Meet Fanzhou 8, China’s Massive New Heavy-Lift Submersible

Hellenic News Articles

Global Ports

The love for the docks is deep, so deep
Ctg port set for new record in container handling

Suez Canal

Suez Canal revenues down over 60 pct in 2024 amid regional challenges: Egyptian president

Chinese Trade

Yangtze River cargo throughput to surpass 4 billion tonnes for first time

Global Shipbuilding

HJ Heavy Industries Secures Design Approval for 88,000㎥ Very Large Ammonia Carrier

South Korean Shipbuilding

Samsung Heavy Industries Subcontracts 4 Suezmax Tankers to China Due to Labor Shortages
Hanwha Ocean, another Korean shipbuilder win $951 million WTIV deals
HD Hyundai Heavy Industries soars to new record amid shipbuilding boom
Samsung Heavy Industries is speeding up orders centered on high value-added ships

U.S. Ag Trade

Corn prices at new six-month high, wheat and soy steady
Wheat up 5-6 cents, corn up 2-4 cents, soy up 10-13 cents
Looming trade war to shape course of a bearish corn market in Americas

Global Trade

Bright earnings outlook as vessel speed reduction limits supply expansion

MARITIME NEWS 12-20-24

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Global Ports

APM Terminals Completes Major Expansion in Tangier

U.S. Trade

US Container Imports Continue ‘Unusually Strong’ Streak

Global Shipbuilding

Shipyard Squeeze: Shipping’s $188B Ordering Spree is Overloading Global Capacity

U.S. Shipbuilding

Hanwha Completes $100M Acquisition of Philly Shipyard, Marking First Korean Shipbuilder in U.S.

Hellenic News Articles

U.S. Port News

State Lands Commission, Ports of Long Beach and Humboldt Announce Offshore Wind Energy Partnership
New York City introduces a Zero-Emissions-by-2040 Vision for Port Operations, including ocean shipping
Busiest U.S. ports see cargo surge amid tariff concerns

Port of Rotterdam

Port of Rotterdam Authority develops new connections to Container Exchange Route

Global Offshore Wind

Wilson Sons starts unloading wind turbine blades at Rio Grande Container Terminal

U.S. Ag Trade

Slumping bean prices could sponsor a 2025 US corn acreage surge -Braun
Wheat rises after 6-day losing streak, but strong US dollar weighs

Global Trade

Performance of Global Shipping Segments to Diverge in 2025
Drewry: World Container Index Up 8% Last Week

Global Shipbuilding

H2Ocean: Fabrum and King Watercraft collaborate on high performance hydrogen-powered RIB boat

U.S. Maritime

Don’t Overlook Shipping’s Critical Role in U.S. Sustainable Transport Future, ABS Chairman and CEO Urges Washington

Decarbonization

ZEBOX Showcases 10 Startups at CES 2025 to Transform and Decarbonize Industries

MARITIME NEWS 12-19-24

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U.S. Shipbuilding

Bipartisan SHIPS Act Aims to Revitalize U.S. Maritime Industry, Counter China’s Dominance

gCaptain Endorses the SHIPS for America Act

Global Shipbuilding

Spain’s Navantia Rescues Historic Shipyard Harland & Wolff from the Brink

Hellenic News Articles

Global Ports

US $25 Million Project at Hambantota International Port’s Industrial Park

U.S.-China Trade

Where will Trump and China drive commodities in 2025?

U.S. Trade

Additional US Tariffs Would Increase Pressure on Global Commodity Markets

Global Shipbuilding

New LNG Carrier Elisa Ardea Delivered to EDF
ProZero Delivers Advanced Passenger Vessel for Norwegian High-Speed Ferry Operations

Decarbonization

NYK and Yusen Logistics to Introduce Platform to Manage GHG-Emission Reductions Jointly Supporting Customers’ Scope 3 Reductions

Green Shipping

WinGD completes first full-load running of X-DF-M engine on methanol fuel

Maritime Innovations

Daniamant champions maritime safety with innovative monitoring solutions
ABL and UK universities team up for maritime decarbonisation tool

MARITIME NEWS 12-18-24

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U.S. Trade

Trump Tariff Threat Helps Lift US Ocean Imports

U.S. Offshore Wind

California Ports Strike Landmark Agreement on Floating Offshore Wind

U.S. Shipbuilding

Trump Signals Jones Act Policy Will Stay the Course

Hellenic News Articles

U.S. Port News

Study Released for Pier S Battery Energy Storage System
Port of Long Beach Achieves Busiest November
Port Of Los Angeles Cargo Volume Up 16% In November
ITS Logistics December Port Rail Ramp Index: US West Coast Ports Experience Significant Import Volumes Amid Fears of January ILA Strike

Global Ports

Two-million TEU expansion in APM Terminals Medport Tangier

South Korean Shipbuilding

Climeon Finalizes Delivery of Six HeatPower 300 Units to HD Hyundai Heavy Industries Shipyard
Samsung Heavy Industries poised to secure $2.5 bn FLNG project in Mozambique

Global Shipping

Supply Chain professionals expect container prices to rise in January 2025

Maritime News

New International Chamber of Shipping Secretary General announced
Encouraging younger people into the maritime industry and adapting to meet their needs is vital for the future of the industry, says MCTC

Decarbonization

Bureau Veritas and Samsung Heavy Industries Co., Ltd. announce partnership to develop Carbon Capture and Storage Solutions

MARITIME NEWS 12-17-24

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U.S. Port News

Port of Long Beach on Track to Smash Cargo Record in 2024

U.S. Shipbuilding

GAO Report Reveals Massive Waste in Navy’s $3.7B Cruiser Modernization Program

Hellenic News Articles

Global Trade

Trade Tensions May Affect European and Middle East Seaports

Port Technology

HHLA and passify digitalise truck handling at Hamburg terminals
Portchain celebrates new integration to automate schedule updates for a streamlined berth alignment process

South Korean Shipbuilding

S. Korea’s shipbuilding share to hit sub-20%, lowest since 2016
Korean shipbuilding faces lowest order rate in eight years

U.S. Ag Trade

Soybeans stay subdued as focus shifts to Fed decision
Funds fortify bullish corn bets after USDA’s supply slashing -Braun

Decarbonization

Study finds LNG dual-fuel vessels lowest cost compliance solution to decarbonise shipping
New whitepaper addresses the vital role of antifouling biocides in decarbonizing the shipping industry

Maritime Innovations

Hull Vane Celebrates 10 Years of Innovation and Sustainability in Maritime Shipping

MARITIME NEWS 12-16-24

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U.S.-China Tensions

Can A US Missile Defense System Shield Guam From Chinese Threat?

After Days of Military Activity, China Restates Its Hard Line on Taiwan

Global Shipbuilding

Finland Greenlights New Baltic Icebreaker

Hellenic News Articles

Port Technology

Port operators, manufacturers work to counter supply chain risks ahead of 2025
Global Gateway: EU and Tanzania Sign Agreement to Improve Port Performance and Enhance Trade Connectivity
Successful pilot stimulates circularity in Rotterdam port area

Maritime Cybersecurity

Dutch seaports and FERM launch nationwide cybersecurity platform

U.S. Port News

President-elect Trump backs union in US Gulf-East Coast ports labor dispute

South Korean Shipbuilding

Korean shipbuilding faces lowest order rate in eight years
S. Korea: iM Securities predicts shipbuilding industry thrives amid exchange rate benefits

Global Shipbuilding

Babcock’s LGE Business Secures Contract on World’s Largest Ethane Carriers

U.S. Ag Trade

Wheat, corn and soybeans rise on buying interest after falls
Brisk US corn, soy sales paces tempered by China’sabsence
US Cash Grains-Corn bids down, soy steady as futures fade

Maritime Technology

KR, Sinokor, and HD Hyundai Marine Solution Join Forces to Transform Ship Maintenance with Advanced CBM Technology

MARITIME NEWS 12-13-24

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Maritime Deals

Wallenius Wilhelmsen Secures Contracts Worth $375M as Market Shows Signs of Cooling

Hellenic News Articles

Decarbonization

Zero Emission Port Alliance Releases Key Findings: Demand, Design Standards, And Guidelines For Terminal Infrastructure Upgrading The Electricity Grid
MSC 109: cyber standards and emission reductions
Pressing FuelEU deadline demands attention

Green Fuels

MPA Launches EOI for Sea-Based LNG Reloading and Supply of E/Bio-Methane as Marine Fuel in Port of Singapore

U.S. Port News

Pyron receives Lifetime Achievement Award
Port Houston Reflects on 2024 Achievements

Global Ports

Inauguration of CMA Terminals Khalifa Port Boosts the Port’s Total Container Capacity by 23% to almost 10m TEUs

U.S. Ag Trade

Chicago grains edge down as dollar and exports weigh
Corn heads for 4th straight weekly gain on falling US stockpiles

Maritime Cybersecurity

Tackling a growing cybersecurity threat in an increasingly connected industry

Global Trade

Drewry: World Container Index Stable Last Week

Global Shipbuilding

MOL and QatarEnergy Sign Long-term Time Charter of Six Newbuilding LNG Carriers- Expanding the World’s Largest LNG Fleet

MARITIME NEWS 12-12-24

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U.S. Port News

Trump Backs Longshoremen in Port Automation Dispute as January Strike Deadline Looms

Maritime Competition

EU Delegation’s Covert Campaign to Dismantle Jones Act Exposed in Government Filing

Hellenic News Articles

U.S. Port News

ITS Logistics December Port Rail Ramp Index: US West Coast Ports Experience Significant Import Volumes Amid Fears of January ILA Strike

South Korean Ports

South Korea to invest $10 billion to build Jinhae New Port
Comprehensive Strategy to Elevate Busan Port to World’s Third-Largest Unveiled

Green Shipping

Scope of hydrogen and CO2 for the Delta Rhine Corridor underlines the urgency of making the industry sustainable

Global Ports

EIB provides €80 million loan for expansion and electrification of port of Bilbao

Decarbonization

Global shipping finance portfolio moves closer to alignment with net zero climate goals

Global Trade

Maersk sees global container volumes rising as much as 7% in 2025, exec says

Maritime Honors

Chamber of Shipping of America Honors Crowley for Environmental Achievement

Maritime Technology

lomarlabs and Mythos AI Join Forces to Innovate Maritime Navigation

Global Shipbuilding

Petrobras signs $2.8 billion deal for 12 new vessels to supply offshore platforms

MARITIME NEWS 12-11-24

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U.S.-China Tensions

Billionaire Adani Ends US Tie-Up on Colombo Port Meant to Counter China

U.S. Port News

U.S. Port Efficiency Rankings Spark Heated Debate as ILA-USMX Labor Negotiations Intensify

Taiwan Tensions

China Says It Takes ‘Necessary Measures’ to Defend Sovereignty Over Taiwan

Hellenic News Articles

Global Ports

The Bilbao Port Authority Puts Out To Tender The Second Phase Of The Works For The Electrification Of The Docks
DP World Launches World’s First Container Port Carbon Inset Programme

Panama Canal

Beyond a waterway: The Panama Canal at the forefront of sustainability and innovation

Global Shipbuilding

Denmark sees ‘huge potential’ in investing in PH shipbuilding industry: envoy

South Korean Shipbuilding

GTT receives an order from Hanwha Ocean for the tank design of two new LNG Carriers

U.S. Ag Trade

USDA updates farmer-reported US crop planting totals for December
Tighter US supply outlook holds corn near its highest since June
Tighter US supply outlook holds corn near its highest since June

Decarbonization

The Shipping Industry Can Help Carbon Capture Sail Ahead

Green Shipping

Asia Pacific’s low-carbon hydrogen tenders to test readiness for clean fuel trades
Cenex, the UK’s first Centre of Excellence for Low Carbon and Fuel Cell technologies joins the Maritime Battery Forum

MARITIME NEWS 12-10-24

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Global Offshore Wind

Denmark’s Auction Flop Reveals Cracks in Europe’s Offshore Wind Industry

Global Shipbuilding

Davie Undertaking Major Shipyard Transformation to Build Canada’s Most Advanced Icebreakers

Hellenic News Articles

Green Trade

Seas to Skies Conference: A Successful Summit for a Greener Future

Port of Rotterdam

Shorter travel times due to new Maasvlaktehopper timetable
Chain collaboration for sustainable and efficient container transport by road in the port of Rotterdam

U.S. Port News

Liebherr STS for TraPac on West Coast, USA

Decarbonization

Shipping poised to play a vital role in APAC cross-border CCUS initiatives, with annual CO2 shipping volumes projected to reach 100 MtPA by 2050
Beyond fuels and technology: The human element in maritime decarbonisation
Greensand Future: Large-Scale CO2 Storage in the North Sea Becomes a Reality
Norwegian ferry operator Norled wins coveted award for innovations driving industry decarbonization

Green Shipping

Eastern Pacific Shipping extends eSAIL® installation with bound4blue on newbuild

Chinese Trade

OOCL announces new China Laem Chabang Service (CHL2)

U.S. Trade

Descartes Releases December Global Shipping Report: November 2024 U.S. Container Imports Show Softer Seasonal Decline

Green Fuels

Hapag-Lloyd concludes long-term offtake agreement for green methanol