Category: News

MARITIME NEWS 7-1-24

South Carolina Ports Works to Reduce Vessel Delays

HMM Designated as Controlled Carrier by Federal Maritime Commission

Maersk Withdraws DB Schenker Bid

America Must Renew its Commitment to Maritime

Maritime Partners Acquires Green Tech Specialist e1 Marine

Samskip and Matrans join forces in revolutionizing green logistics with a state-of-the-art terminal and central hub in Rotterdam

Vietnam’s ports prepare to welcome largest container ships

Sustainability initiatives go global, Go Green

HD Hyundai, Hanwha, Samsung face intensifying disputes with shipyard workers

Adnoc L&S awards $2.5bn contracts to Korean shipbuilders for eight LNG carriers

Driving efficiency and trust: DNV’s Emissions Connect in the new EU ETS landscape

Daphne Technology’s SlipPure™ achieves Lloyd’s Register Approval in Principle for innovative Plasma-Catalysis System with Proven Performance Results

ICS Publications announces the launch of the Global Health Emergency Guide, First Edition

MARITIME NEWS 6-28-24

Continued Spot Rate Surge Looms with New FAK Hikes and Surcharges

Biden Administration Schedules Second Mid-Atlantic Offshore Wind Lease Sale

Port Houston Leads in Community Stewardship

Long Beach, L.A. Ports Invest $25 Million in Truck Charging

First all-electric harbor tug in United States is powered by ABB propulsion

Amogy and Mitsubishi Shipbuilding Have Completed a Feasibility Study of Ammonia Supply System for Ammonia-Powered Maritime Solution

Solving shipping’s challenges through trust in technology

Drewry: World Container Index Up 4% Last Week

Navigating troubled waters: The Red Sea shipping crisis and its global repercussions

ZIM Launches ZIM Central China Xpress (ZX2) – A New Premium Service Connecting China and Los Angeles

MARITIME NEWS 6-27-24

Global Freight Rises But Shows Signs of Weakness in U.S.

Charleston Pilot Honored for Saving Runaway Ship

Panama Canal Boosts Capacity on Eighth Anniversary of Expansion Project

Wallenius Wilhelmsen Secures Multi-Year Contract Valued at $195 Million

Crystal Turns to Fincantieri for Two Luxury Cruise Ships

The Deputy Director General for the Environment of the European Union visits the Port of València

Yusen Terminals Takes Delivery of the First Five Commercially Available Battery Electric, Zero-Emission Top Handlers in the Country

APM Terminals – empowering trade, empowering people

Panama Canal Celebrates Eighth Expansion Anniversary with New Draft and Daily Transits Increases

The Future Of European Shipping’s Global Competitiveness Lies In Maritime Education, Seafarer Welfare And Innovation Uptake

Windward Unveils MAI Expert™, a First of its Kind Maritime AI Virtual Agent Powered by Generative AI to Optimize Global Trade and Risk Management

Isle of Man Ship Registry strikes two battery hybrid ship deal with offshore operator Purus

MARITIME NEWS 6-26-24

Port Houston Reports Strong Container Volumes in May

South Carolina Ports and ILA Reach Agreement to Reopen Leatherman Terminal

Singapore Port Congestion Shows Global Ripple Impact of Red Sea Attacks

Bigger Ships, Bigger Risks: Navigating the Challenges of Modern Maritime Safety

S&P Global upgrades Adani Ports and SEZ outlook to ‘Positive’ from ‘Stable’

Port of Brunswick sets all-time record in May, grows Ro/Ro volumes by 26 percent

INTERGIS adds flexibility to cargo handling in South Korea with Konecranes Gottwald Generation 6 Mobile Harbor Crane

ONE Modern inaugurates new Savannah-India connection

NTU Singapore, PSA Singapore and Chiyoda Japan begin dehydrogenation demonstration for green heavy vehicles

Samsung Heavy launches mega-sized LNG carrier

NYK Participates in Kickoff Symposium of Nature Positive Sustainable Development Hub

Higher Tariffs To Harm US Consumers And Exporters; Economic Decoupling From China Unlikely, Experts Reveal

ZeroNorth and Hapag-Lloyd collaborate on bunker procurement and planning solution to propel industry forward

MARITIME NEWS 6-18-24

Panama Canal Considers New Reservoir to Help Maintain Water Levels

Healthy TEU Volumes at U.S. Ports Amid Softening Industrial Demand

PC Vessels Drive Order Performance of Korea Shipbuilding Industry

SGX-Listed Mooreast to Acquire 98,919 sqm Facility from Seatrium, Quadrupling Production Capacity to Serve Floating Offshore Renewable Sector

South Korea Bolsters Shipbuilding Industry with $10.75 Billion Financial Support

AI can help shipping industry cut down emissions, report says

China Merchants Energy Tech strike deal with Union Maritime Ltd to supply BAR Technologies WindWings® for new MARIC designed LR2 tankers at New Yangzi Shipbuilding

SRC and GREEN MARINE join forces to bring Methanol Superstorage to market

Hoppe Now in the USA

Lotte, Hanwha face backlash for entering shipping industry

MARITIME NEWS 6-17-24

Retail Strength Drives Container Volume Growth at Port of Savannah

States Sue to Block Biden Administration Rule on Offshore Decommissioning

Industry Mixed on Duration of Prolonged Red Sea Crisis

Port call optimisation is key to reducing greenhouse gas emissions in ports

Large-scale electrolyser and wind energy landing point on the Maasvlakte

Zero Emission Port Alliance (ZEPA) onboards leading organisations in container port industry

South Korean Shipbuilding and Steel Giants Unite for Liquid Hydrogen Carrier Research

Red Sea diversions and slower ports cause bigger-than-expected issues – will they last?

Industry leaders call on governments to recognise impact of increasing protectionism globally at leading Summit in Montreal

Strong decarbonisation strategy for your ship? 3 simple steps to success

MARITIME NEWS 6-14-24

Container Spot Rates Set to Rise Further

Trade Slows at Southern California Ports in May

The Valencia Containerised Freight Index (VCFI) decreases in May by -12.98%

Port of Long Beach Trade Slows in May

Digital innovation: APM Terminals calls first movers to join Innovators Program to enhance visibility and reliability for customers

Port of Seattle Accelerates Shore Power Requirement for Cruise Vessels

Wilson Sons owns the world’s 6th best container terminal of less than 500,000 TEUs — Salvador Container Terminal — says World Bank

Mammoet awarded construction upgrade of Hawaii dry dock

Strategic Marine Enters Into Memorandum Of Understanding With Mainprize Offshore For Six New Supa Swath Vessels, With Options For Six More

Ardmore Shipping: Leading the charge in energy efficiency technologies

Spot rate growth slows but ocean container shipping market will remain extremely challenging

FBX Index June 2024: Pandemic-level disruptions

MARITIME NEWS 6-13-24

Port of Los Angeles Reports Mixed Results for May

Cargo Integrity Group Identifies ‘Cargoes of Concern’ to Boost Global Supply Chain Safety

U.S. Sanctions LNG Carriers and Chinese Yard to Disrupt Russian Energy Projects

California Senate Committee Passes Bill Improving Safety of Harbor Vessel Emissions Regulation

Port Of Tanjung Pelepas Wins Industry Excellence Award 2024

SAAM Terminals highlighted the value of data to optimize operations at TOC Europe 2024

U.S. East Coast port union strike threat to test shippers’ nerves

Baltimore’s busy port fully reopens after bridge collapse, and a return to normal is expected

Port Of Los Angeles May Cargo Volume ‘Strong, Consistent’ At 753,000 Container Units

Los Angeles Harbor Commission Approves $2.6 Billion Port Budget For Fiscal Year 2024/25

S. Korean shipbuilders focus on ammonia-fueled ships amid China’s dominance in methanol

Can Shipping Catch Up? New Report Demonstrates Shortfall Against New Climate Goals

MARITIME NEWS 6-12-24

Potential Strike Action at U.S. East and Gulf Coast Ports Threatens Further Disruption, Higher Shipping Rates

Panama Canal Continues to Ease Drought Restrictions as Rainy Season Kicks Off

Dwell Times Stabilize as Port of Baltimore Resumes Full Operations

U.S. Port Strike Threat to Test Shippers’ Nerves

New York’s South Brooklyn Marine Terminal Begins Transformation into Offshore Wind Hub

Biden administration touts quick Baltimore channel reopening

Kalmar Continues To Drive Decarbonisation Of Cargo Handling With New Electric Empty Container Handler

Biggest U.S. ports union suspends labor talks, with East Coast, Gulf Coast strike risk rising

CO2next project for fluid CO2 storage and handling enters FEED phase

US importers caught in a vicious circle as labor union strike threat raises fears of soaring freight rates and massive disruption at US East and Gulf Coast ports

Shipping container prices soar by 26% in Singapore, leasing rates double

Berg secures Louis Dreyfus Armateurs propulsion package for wind-assisted Airbus ro-ro vessels

TES and “K” LINE Partner for Sustainable Maritime Shipping Solutions

MARITIME NEWS 6-11-24

Record Low in Containers Lost at Sea in 2023

Hapag-Lloyd Sees Prolonged Red Sea Reroutings Regardless of Ceasefire

U.S. Imports Surge Amid Rising Consumer Spending

Konecranes powers up for the future by expanding its electrified portfolio and redefining operations between ship and container stack technology

Baltimore Port key channel reopens following bridge collapse

Rajant And Embotech Strategic Partnership Advances Port Autonomy

Logistics: World’s best ports, Baltimore’s return

APM Terminals ramps up capacity with agreements for 240 pieces of container handling equipment

Damen introduces fully electric FCS 3210

HD Korea Shipbuilding & Offshore Engineering Signs New Shipbuilding Contracts

GTT Secures Two Major Approvals for its GTT NEXT1 LNG Cargo Containment System

LNG newbuilding values at record high: 78 newbuild orders placed in 2024, doubling 2023

World Shipping Council Releases Containers Lost at Sea Report – 2024 Update

Appointed Developers for Green Innovation Fund Project-Floating Offshore Wind Turbine Demonstration Project off the Coast of Aichi Prefecture

Houlder showcases innovative methanol bunkering vessel design in SPINE project

SeaLead Launches Liner Shipping Service Connecting China, South Korea and US West Coast

MARITIME NEWS 6-10-24

Bunker Spill Closes Antwerp Dock and Lock

Offshore Consolidation Continues as Noble Corp Offers $1.6 Billion for Rival Diamond Offshore

Behind the scenes: the shipyard

APM Terminals Elizabeth Advances $5M Electrification Pilot Project with $1.4M EPA Grant

Freeport East welcomes million-pound funding for international green hydrogen project 

Port call optimisation is key to reducing greenhouse gas emissions in ports

HD KSOE gets $100 mn order for two PC ships

Strategic Marine (S) Pte Ltd Signs Contract With Ventus Marine Ltd For Four (4) 27m Crew Transfer Vessels For Asia And Europe

HD Hyundai’s ascent driven by visionary spinoff push

Strategic Marine (S) Pte Ltd Signs Contract With Ventus Marine Ltd For Four (4) 27m Crew Transfer Vessels For Asia And Europe

Ammonia cuts shipping GHG emissions by up to 61%

First Demonstration In Korea Of Marine Ammonia Engine Combustion Technology: Reduces Carbon Dioxide Emissions By 50%, A Promising Signal For A Shipbuilding Powerhouse

TMS Group and Lloyd’s Register team up for Energy Transition Strategy Project

LR and SDARI in joint development project for third-generation ‘Dolphin’ 64,500 DWT bulk carrier

Recommendations on Global Risks Call for Action

MARITIME NEWS 6-7-24

$476 Billion: U.S. Marine Economy Continues Upward Trend

U.S. Container Imports Continue to Gain

Container Spot Rates in China Set to Hit Five Figures

FMC Seeks Public Input on Maersk and Hapag-Lloyd’s Gemini Cooperation

Are Geopolitical Conflicts Push Shipping Towards a Golden Era?

Maryland and Federal Government Collaborate on Offshore Wind Energy

The electrical connection of the ships means ‘a five-fold increase the installed power in the ports’

May 2024 U.S. Containerized Imports Break 2.3M TEUs

US-India trade boost as new ONE WIN service calls APM Terminals Mumbai and Port Elizabeth

Drewry; World Container Index Up 12% Last Week, 181% Versus 2023

Danish Shipping and The Emirates Shipping Association sign agreement on closer future cooperation

ExxonMobil announces dual fuel/LNG validation by WinGD for Mobilgard™ 540 AC, its high performance two-stroke 40BN cylinder oil

World Environment Day and World Ocean Day: CEVA Logistics confirms commitment to sustainable global supply chain