Category: News

MARITIME NEWS 5-2-24

Maersk Raises Financial Forecast for 2024 Amid Strong Market Demand, Red Sea Disruptions

John Fredriksen Becomes the Largest Shareholder of Edda Wind

ESPO Port Investments Study 2024: Europe’s ports have €80 billion investment needs for the next 10 years

How the OSV shortage is sparking a digital transformation

Drewry: World Container Index Rose Last Week

Shaping a safer and sustainable future for shipping

Trafigura orders four ammonia-powered ships, first one to come in 2027

Panama Canal: From Crisis to Opportunity: Rethinking Water Management in a Changing Climate

Tristar Eships to manage its carbon footprint with Wärtsilä’s Decarbonisation Services

Kongsberg Maritime hybrid technology to optimise energy use and cut emissions for Matson Navigation Company’s new LNG-powered container ships

MARITIME NEWS 4-30-24

Seafarers ‘Happier’ to Start 2024

China COSCO May Seek Arbitration Over Exclusivity Rights to Peru Mega-Port

Biden Administration Proposes New Offshore Wind Auctions Off Maine, Oregon

Time for “Fit for 55” implementation

Record-breaking container throughput at the Port of Gothenburg following import surge

V.Ships France to manage Dual Fuel Methanol Container Vessels for X-Press Feeders

Ocean Technologies Group Equips Crews for an Ammonia-Fuelled Future with New E-Learning Course

Strong Support for Maritime Dialogue Meeting in Washington

Corvus Energy to supply ESS for the first Net Zero Subsea Construction Vessel

China State Shipbuilding to build 18 LNG ships for QatarEnergy

Damen launches fully electric RSD-E Tug 2513 for Port of Antwerp-Bruges

China puts first 12,000-cubic meter LNG refueling vessel into service

MARITIME NEWS 4-29-24

Maersk Commits $600 Million Investment In Nigeria’s Ports

Containership Reportedly Damaged in Latest Red Sea Missile Attack

Hapag-Lloyd Launches Real-Time Container Tracking

China’s cargo, container throughputs at ports log steady growth in 2023

Stranded ships exit Baltimore port via temporary channel

Port Houston Awarded Nearly $27 Million For Clean Truck Program

Asia’s first FPSO facility delivered in E China

Biden promise to rival China on shipbuilding faces a big economic problem

Shipping analyst: Red Sea crisis is preventing a freight rate and liner profit collapse

Why the electric freight and sustainable shipping sector is turning to the Middle East

DeepSea Technologies and G2 Ocean roll out groundbreaking AI voyage optimisation tool that does not require hardware installation

HMM enhances maritime safety with AI technology

Wartsila says shipowners need to decarbonize at ‘right speed’

MARITIME NEWS 4-26-24

Red Sea Reroutings Drive Up Liners’ CO2 Emissions

Four Ships Trapped by Key Bridge Collapse Depart Baltimore

Georgia Ports CEO: We are Preparing for Growth

Rotterdam port forecasts slight recovery in 2024 cargo volumes as inflation eases

Port of Antwerp-Bruges: close cooperation between the chemical industry and energy transformation in Europe

Secure Intermodal Data Practices through the SPEAR Approach

Drewry: World Container Index Was Stable Last Week

Newbuilding LPG-fueled ‘LPG & Ammonia Carrier’ for GYXIS, Aquamarine Progress II, Delivered

The Carbon Impact Curve: Unpacking the Energy Transition’s Complexity

WE Tech Solutions Has Received Orders For Eight Large Container Vessels To Be Time Chartered Out To A.P. Møller-Mærsk Built At The Japanese Shipyard

One Sea Association and MASSPeople Sign Memorandum of Understanding to Drive Sustainable Maritime Innovation

Korean shipbuilding stocks rally: Real growth or bubble?

EU Net-Zero Industry Act: European shipowners welcome 40% production benchmark for clean shipping fuels in Europe

MARITIME NEWS 4-25-24

Biden Administration Sets Sights on Zero-Emissions Freight Sector

Hanwha Ocean Moves to Advance Ammonia Fuel in Shipping

Georgia Ports Authority, Wallenius Wilhelmsen sign terminal agreement in Brunswick

Samskip aims for sustainable supply chain

Wärtsilä secures China’s largest-ever methanol newbuild order

MSC Collaborates with GSBN to trial Integrated Safe Transportation Certification Verification Process, Boosting Safety of Lithium Battery Shipments

Signal’s technology resolves fundamental problems in energy performance and emissions compliance in an asset-light way

Interunity Group to Deploy ShipIn Systems’ FleetVision Across Full Fleet After Successful Pilot

MARITIME NEWS 4-24-24

Philly Shipyard and HD Hyundai Heavy Industries Look Toward Future Collaboration

Biden Administration Unveils New Five-Year Offshore Wind Leasing Schedule

Dr Beatriz Joins Forces with PortXchange to Lead Sustainable Transformation in the Maritime Sector/Ports Sector

AAL Americas Celebrates Its 10-Year Anniversary Serving The Local Multipurpose & Project Cargo Community

ABB to provide hybrid-electric propulsion for new MaineDOT ferry connecting island community to mainland

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

Cargo handling system order for LNG bunkering vessel reinforces Wärtsilä’s leading position in small-scale LNG applications

Zero emission heavy lifting on site: building a sustainable future

Counting the cost of war on the climate: Red Sea conflict brings massive carbon emissions increases in ocean freight shipping

Korean Shipbuilders Expect to Benefit from US-China Conflict

CBOT Trends-Wheat down 1-3 cents, corn and soy steady

MARITIME NEWS 4-23-24

Baltimore Sues Dali Ship Owner and Manager Over Key Bridge Collapse

OSG Receives $3 Million Federal Grant for CO2 Transport Ship Design

Hapag-Lloyd Wins Landmark Tender for Zero-Emission Maritime Shipping

Progress Made in Clearing Baltimore’s Blocked Channel

DFDS initiates hybrid-electric Ro-Pax vessel design study for Channel Island tender

ICS Publications releases fifth edition of ‘Shipping and the Environment: A Guide to Environmental Compliance’

Fugro relocates Amberjack self-elevating platform to Japan to support country’s growing offshore wind market

Yanmar Celebrates Decarbonization Efforts on Earth Day

Kotug International selected EST-Floattech for the containerized battery system for world’s first fully electric pusherboat

Dr Beatriz Joins Forces with PortXchange to Lead Sustainable Transformation in the Maritime Sector/Ports Sector

Port of Detroit announces bold plan to decarbonize port operations and improve air quality and health for residents

US winter wheat ratings drop; corn 12% seeded

MARITIME NEWS 4-22-24

Finland Joins World’s Largest Maritime Security Partnership

U.S. Inbound Containers Surge to Start 2024

Mercy Ships to Build New Hospital Ship

AET Orders World’s First Ammonia Dual-Fuel Aframax Tankers

How a Turbine Put The Brakes on NY Offshore Wind Projects

Vestas and Maersk Join Forces on South Korea’s Offshore Wind Supply Chain

Shanghai ports see rising vehicle exports in Q1

Port of Long Beach to expand bunkering capabilities for green shipping corridors

Updated transit levels at Panama Canal don’t faze LNG shippers

IBIA and BIMCO team up to collaborate on fuel and maritime challenges

New requirements for vessels with engine or shaft power limiters

MOL Becomes First Japanese Operator to Commercially Install Onboard CO2 Capture System

S. Korean shipbuilding stocks benefit from US-backed probe into China

EU, IMO stricter shipping rules emit positive signal for green transition – Global Maritime Forum director

MARITIME NEWS 4-19-24

Canada Raises Penalties for Maritime Violations

U.S. Department of Energy Commits to Decarbonizing the Maritime Sector by 2050

Port of Rotterdam’s Throughput Falls Amid Global Tensions

Port of Long Beach Sees Seventh Consecutive Month of Cargo Growth

New York Fails to Reach Contracts with Three Major Offshore Wind Farms

Brunswick sets record month for autos

The Port of Bilbao presents its role in the development of a European Renewable Hydrogen Corridor in Amsterdam

Ulsan Port Authority signs MOU with Pacific Environment to decarbonize shipping ports in Singapore

Reflecting on One Year of CII Regulations: Navigating Decarbonization in Shipping

Drewry: World Container Index Down 3% Last Week

World’s First Ammonia Dual-Fuel Aframaxes to be Developed by MISC

Imoto Lines and Marindows launch next-generation zero-emission container ship project

WSC Seeks Correction of Contradiction in FMC Detention and Demurrage Final Rule

DNV awards certificates for Fortescue’s dual-fuelled ammonia-powered vessel during Singapore Maritime Week

China slams U.S. probe into its shipbuilding industry, says move is a ‘mistake on top of a mistake’

Hanwha Ocean bags $127M order for LPG carrier

Ship It Zero urges Amazon, IKEA and shipping companies to pledge faster adoption of e-fuels

MARITIME NEWS 4-18-24

Port of Los Angeles Eyes Continued Momentum as Container Volumes Surge

Record-Breaking Month for Ro/Ro Cargo at Georgia’s Port of Brunswick

Biden Administration Launches Probe into China’s Unfair Shipbuilding Practices

Container throughput in port of Rotterdam increases in first quarter of 2024

Biden admin, U.S. ports prep for cyberattacks as nationwide infrastructure is targeted

Port of Los Angeles Finishes First Quarter Up 30% Over Previous Year

Collective Efforts to Strengthen Maritime Cybersecurity

The Signal Ocean EU Shipping Emissions Report: Evaluating the Environmental Impact: Dry Bulk and Tanker Shipping in EU Waters

Decarbonization is More Than a Story of CO2 Emissions Per Ton Mile, It’s A Once in a Generation Opportunity to Reset and Revitalize National Maritime Strategies

PIL joins DCSA to advance container shipping digitalisation standards

“Adopt a Ship” educational programme celebrates the adoption of 1000 ships

U.S. probe targeting China’s maritime, logistics, shipbuilding sectors lacks factual basis: ministry

HMM to sharply expand container ship fleet by 2030

MARITIME NEWS 4-17-24

Eureka Shipping to Launch Eco-Friendly Cement Carrier in the Great Lakes

Seaspan and Hapag-Lloyd to Retrofit Five Containerships to Methanol Fuel

China and EU Trade Tensions Risk a Full Trade War, European Chamber President Warns

Maersk Gives Update Following Baltimore Key Bridge Collapse

$316 Million in Funding Announced to Modernize U.S. Ferries

Hong Kong Falls Out of Top 10 Busiest Port Rankings for First Time Ever

COVID pandemic wiped 24.6 million TEU off container market growth

Baltimore’s alternate shipping channels not deep enough, Maersk says

Preem to reduce emissions and minimize shipping cost with Seaber

H2 Energy and DFDS publish new hydrogen propulsion feasibility study

Pacific Environment and Ulsan Port Authority Sign MOU to Accelerate Zero-Emission Shipping and Ports Between US and Republic of Korea

Soybeans hover near 4-year lows as firmer dollar blunts US competitiveness