Category: News

MARITIME NEWS 6-4-24

Conflicting US-China Defense Strategies Dominate Singapore Forum

Union Maritime to Equip 34 Newbuilds with Wind Propulsion Technology

New SOLAS Regulations on Reporting Containers Lost at Sea

Equinor Secures Offtake Contract with New York State for Empire Wind 1 Project

Drewry Port Equity Index declines 2.3%

Port Of Tanjung Pelepas Sets Record Throughput Without Congestion, Leads As Top Transshipment Hub

Panama Canal increases vessel draft to 45 feet ahead of schedule and before rainy season arrives

HD Korea Shipbuilding & Offshore Engineering Showcases Advanced Ammonia Emission Reduction Tech

Panama presents its elevated maritime sector at the world’s biggest shipping exhibition, Posidonia 2024

Strongest seafarer wage increase: China

Decarbonising the Pilbara-to-Asia Iron Ore Export Trade Route: Joint Study Demonstrates Pathway to Net-Zero Emissions

Posidonia 2024: DNV and Artemis Technologies sign MOU on electric foiling ferries

KR and HD Hyundai Sign Business Agreement for Pilot Project of Cloud-based Next-Generation Smart Ship Solution

ABS: MOU Signed to Use AI Technologies to Eliminate Ship Blind Spots

MARITIME NEWS 6-3-24

Maersk Announces Delays and Blank Voyages Due to Severe Port Congestion

Ammonia-Fueled Vessel Design Receives Approval in Principle

Ships Diverted From Red Sea Send Ripple Effects Across The Globe

Methanol-Fueled Vessels Surge as Demand for Alternative Fuels Grows

Maersk Raises Guidance Amid Worsening Port Congestion and Rising Freight Rates

Georgia Ports auto volumes up 44 percent in April

Two-thirds of European green shipping fuel projects at risk – analysis

Union Maritime and BAR Technologies join forces to lead on wind propulsion technology

Data-driven maintenance offers clear path for improving fleet reliability and efficiency

ABS 2024 Outlook Highlights Active Shift in Fleet Composition Toward More Sustainable Fuel Alternatives

Carrier Transicold’s Lynx Fleet Platform Enhances Monitoring of Refrigerated Fleets for Evergreen Marine Corp.

Stena Line’s use of AI drives the development of sustainable shipping

Inchcape Shipping Services Successfully Acquires Grieg Logistics AS

China’s weekly export container shipping index rises further

DNV to Host Expert Talks at Posidonia 2024

Scientists warn: Cleaner Shipping Fuel Contributes to Ocean Warming

MARITIME NEWS 5-16-24

Port of Antwerp-Bruges Unveils World’s First Methanol-Powered Tugboat

China’s Biggest LNG Buyer Expands Fleet for Global Heft

Collaboration between Port of Rotterdam Authority and Rotterdam The Hague Airport for more sustainable aviation fuel

Investigation continues into 4 electrical blackouts on ship that caused Baltimore bridge collapse

Maersk speeds up supply chains in Europe with new cross dock facility Rotterdam

Port Of Los Angeles Nets Record $58 Million For Harbor Maintenance

Samsung Heavy unveils eco-friendly ships, AI tech in Europe

DESMI Celebrates Record-Breaking Year and Unveils Ambitious Growth Strategy

South Korean shipbuilder to lease part of Philippine Subic Bay shipyard

Strong Southern Hemisphere harvests drive reefer shipping growth

MOL and TotalEnergies Sign Time Charter Contracts for 2 Newbuilding LPG-fueled LPG Carriers

Bureau Veritas report highlights the potential of carbon capture technologies and the development of carbon value chains for shipping

ABL electrifying zero-emission offshore charging station

MARITIME NEWS 5-15-24

China-Linked Hackers Targeted Commercial Shipping Companies: Report

Hapag-Lloyd Raises Lower End of Outlook on Strong Shipping Demand

Reports of Pollution After Barge Hits Bridge in Galveston, Texas

Brooklyn Marine Terminal Set for Major Overhaul

Bollinger Picked to Build New Space Rocket Transport Ship

Top Shipbuilder Expands Asia Footprint with Subic Bay Shipyard Deal

Seadrill Sets New Record with Cycle-High Dayrate of $545,000

Port of Antwerp-Bruges launches the world’s first methanol-powered tugboat

Port of Long Beach Cargo Volumes Climb in April

Port of Long Beach Awarded Funds for Critical Projects

Digitized port call process reduces CO2 emissions by 6000 tons in the Port of Gothenburg

Consortium of parties first in the world to build scalable quantum internet connection in Rotterdam port

HD KSOE picks Philippines as offshore wind power base camp

Ship that hit Maryland bridge had lost power several times, investigators say

Newly certified methanol valves to improve dual-fuel shipbuilding

MARITIME NEWS 5-14-24

Biden Administration to Impose Tariffs on Chinese Ship-to-Shore Cranes Amid Security Concerns

Biden Hikes U.S. Tariffs on Chinese Imports, Including STS Cranes, Electric Cars

New U.S. Tariffs on Chinese Imports Could Spike Supply Chain Costs

Shore-side power supply for container ships in the Port of Hamburg

Hutchison Ports BEST leads the way in environmental sustainability with official carbon footprint certification

Largest made-in-Vietnam bulk carrier launched

Korean shipbuilding sector rides high on green trend

China Overtakes Korea in Global Shipbuilding Competitiveness

FuelEU Maritime: How to prepare for compliance

Will new US tariffs on China imports be a case of history repeating? Businesses brace for increased supply chain costs

ABS and HD Hyundai Group Sign MOU to Advance Medium-Voltage Power Systems on Ships

MOU agreed to develop ‘bioship’ technology and plans to construct the world’s first biomass-fuelled ship

Exploring next-gen energy efficiency technologies for cruise ships

MARITIME NEWS 5-13-24

WATCH: Baltimore Key Bridge Blasted Off M/V Dali

Alberta Urges Trudeau to Head Off Port and Rail Strikes

Worker Dies In Accident At Peru’s Chancay Megaport Project

First U.S.-Built Offshore Wind Service Operations Vessel Launched

Trump Vows ‘Day One’ Executive Order Targeting Offshore Wind

Baltimore bridge: Pete Buttigieg says shipping channel to reopen end of May

EU ETS: catalyst for change, mired in growing pains

UMAS and Arup research highlights UK’s potential to kick-start shipping’s transition to zero emission fuel

Maris Fiducia team up with HAV Hydrogen, Norwegian Hydrogen and Ankerbeer for zero emission bulk shipping

StormGeo and ClassNK mark significant collaboration to advance maritime decarbonization

Maersk shares surge, fuelled by soaring freight rates

Panama Canal Authority warns of water insecurity beyond historic drought

Korea’s 3 Largest Shipbuilders Post 93% Share of LPG Carrier Market

Korean Shipbuilding Industry’s Order Share Plummets amid Strong Showing by China in April

Korean Shipbuilders Post Drop in Shipbuilding Volume due to Growing Proportion of Less-skilled Foreign Workers

MARITIME NEWS 5-10-24

U.S. Container Imports Show Strong Growth Amid Global Unrest

Trump Presidency is Next Worry for Battered U.S. Wind Sector

Long Beach: Renewable Energy Project Powers Port with Hydrogen

Drewry: World Container Index Up 16% Last Week

April 2024 Containerized Imports Surpass March 2024 and April 2023

Panama’s president-elect vows to help fix canal water problems, build major train line

Belships ASA: Sale of two Supramax vessels

State-of-the-Art Ammonia Reforming Technology from Amogy Verified by ABS

CMA CGM inaugurates TANGRAM, the global center for training and innovation shaping the future of transportation and logistics

Bluestone Wins Major Contract for Two New Cable-Laying Vessels

NYK Group Launches Trial to Utilize 3D Models in Design of New LPG Tanker DX for Ship Design: Reduces workload by visualizing the completed ship in the early stages

Amazon unveils first electric seaport trucks amid push to slash tailpipe emissions

MARITIME NEWS 5-9-24

Peru Port Dispute Escalates as COSCO Insists on Original Terms

U.S. Container Imports to Maintain Strength into Peak Season

Record Containership Capacity Delivered in 2024 Obscured By Longer Voyages

Chinese Shipbuilding Giant Says Operation Not Affected by U.S. 301 Probe

FBX Index May 2024: Market summary

Allianz: Navigating troubled waters: risk challenges for shipping in 2024

Decarbonisation of shipping could create up to four million green jobs

Accelleron and HD Hyundai Marine Solution renew long-standing Service Agreement

ISWAN publishes action plan for addressing the maritime recruitment crisis

A.P. Moller – Maersk launches air freight gateway in Miami to serve U.S., Asia, and Latin America market

MARITIME NEWS 5-8-24

Maersk Continues to Reroute Ships Indefinitely as Houthis Threaten Escalation

London P&I Club Announces Leadership Change

Maersk Questions Rival’s Solvency in Battle Over South Africa’s Durban Container Port

We have passed the point of just talking about hydrogen. It’s really happening now’

Cheniere expects reduced maintenance outages at Sabine Pass, Corpus Christi LNG terminals

HD Korea Shipbuilding & Offshore Engineering To Build 2 LNG Carriers for African Shipping Company

ContainerxChange: Rising volatility in China’s container market as sellers hold back inventory amid uncertainty

Multipurpose shipping hit by Panama Canal and Red Sea troubles

Marlink upgrades managed hybrid network across Simon Møkster Shipping’s offshore fleet

Hapag-Lloyd and IKEA collaborate to advance cleaner shipping

WinGD expands X-DF-A segment reach with AET’s first ammonia aframax order

MARITIME NEWS 5-7-24

Maersk Continues to Reroute Ships Indefinitely as Houthis Threaten Escalation

London P&I Club Announces Leadership Change

Maersk Questions Rival’s Solvency in Battle Over South Africa’s Durban Container Port

We have passed the point of just talking about hydrogen. It’s really happening now’

Cheniere expects reduced maintenance outages at Sabine Pass, Corpus Christi LNG terminals

HD Korea Shipbuilding & Offshore Engineering To Build 2 LNG Carriers for African Shipping Company

ContainerxChange: Rising volatility in China’s container market as sellers hold back inventory amid uncertainty

Multipurpose shipping hit by Panama Canal and Red Sea troubles

Marlink upgrades managed hybrid network across Simon Møkster Shipping’s offshore fleet

Hapag-Lloyd and IKEA collaborate to advance cleaner shipping

WinGD expands X-DF-A segment reach with AET’s first ammonia aframax order

MARITIME NEWS 5-3-24

Uncertainty Looms Over Long-Term Container Freight Rates

Shippers Frustrated as Spot rates Rise Alongside Demand

U.S. Coast Guard Polar Security Cutter Program Faces Substantial Cost Overrun and Delay Until 2029

Nigeria secures $600m from Maersk for port development

Xeneta Shipping Index (XSI®): Long term rates edge up globally as Red Sea conflict continues to cast uncertainty across the market

Global rice market stable but weather risk remains, Louis Dreyfus exec says

Commodity Tracker: 5 charts to watch this week

Tanker Orders Increase 32% Year-on-Year