Category: News

MARITIME NEWS 3-29-24

Baltimore Bridge’s $2 Billion Rebuild Starts With Clearing the Ship

ONE and Yang Ming Provide Transpac Network Clarification for Post-Hapag Exit

East Coast Ports Face Challenge of Diverted Baltimore Cargo, Drewry Says

More and more shippers take action on seaborne GHG emissions

Drewry: World Container Index Down by 3% Last Week

Baltimore port bridge collapse: Global ocean carriers put U.S. companies on hook for urgent cargo pickup

Will Baltimore bridge collapse hit global supply chains?

IMRF launches #FutureSAR Report to address climate change impact on maritime SAR operations

MARITIME NEWS 3-28-24

Baltimore Key Bridge Disaster Could Become Costliest Maritime Accident in History

Baltimore bridge port blockade won’t trigger new supply chain crisis, experts say

International® Marine Coatings Big Data Technology Accurately Predicts Realised Vessel Performance Over Five Years, New Whitepaper Reveals

ClassNK grants Innovation Endorsements for Products & Solutions to two innovative initiatives by MOL

‘Too early to judge’: Global carmakers contend with closure at busiest U.S. auto port

US supply chain task force to discuss Baltimore bridge collapse

GPA Board approves $65M for Ocean Terminal

Mitsubishi Shipbuilding Receives Order from the University of Tokyo for “MiPoLin” Power Prediction and Lines Selection System

Chicago futures inch lower ahead of key USDA reports

MARITIME NEWS 3-27-24

Georgia Ports Authority Approves Major Upgrades at Savannah Container Terminal

East Coast Ports Work To Reroute Baltimore Cargo

Equinor Strikes Major Labor Agreement for South Brooklyn Marine Terminal Construction

S&P Global Analysis: Baltimore bridge collapse disrupts local traffic, global shipping

How shipping containers can make or break the global economy

Simply Blue Group Diversifies To Develop Sustainable Fuels Projects

Vuyk Engineering embraces SSI ShipConstructor for enhanced design and operational efficiency

U-Ming Singapore and ITOCHU sign milestone MoU for the joint development of Ammonia Dual-Fuel and De-Carbonised vessels

Port Authority appeals to EU: position ports smartly for future-proofing Europe

SC Ports efficiently works big ships as imports increase

China: Shipbuilders riding crest of global orders

HD Hyundai chair commits to upping support for foreign workers

Corn, soybeans fall as market adjusts ahead of USDA reports

Heavy US corn market seeks to avoid acreage bomb on Thursday -Braun

MARITIME NEWS 3-26-24

Port of Baltimore Shipping Traffic Frozen By Bridge Collapse

Decarbonization efforts will lead to a net increase of 237 Bn ton-miles, predicts Veson Nautical

Baltimore bridge collapse: potential for significant supply chain disruption

Shipping majors profiteering from EU carbon emissions charge – study

Avikus Autonomous Navigation Proven To Reduce Fuel Usage And Carbon Emissions

Chevron’s collaborative technical event with Petrol Ofisi reinforces its commitment to drive change through partnership

Wärtsilä Lifecycle Agreement to guarantee operational reliability of new Wind farm Installation Vessel

Svitzer Targets Methanol-Fuelled MAN 175DF-M Engine for Tug Application

Emissions under EU ETS fall 11% in 2023 on weak macroeconomics: S&P Global

Agreement on IMO Global Fuel Standard in the making

At least 10 ships bound for Baltimore drop anchor after traffic stopped, shipping data

Hanwha Ocean Secures Contract for 8 LNG Carriers from Qatar

MARITIME NEWS 3-25-24

World’s First Global CO2 Charge Inches Closer at IMO Meeting

US Revises Tax Credit Rule to Help Offshore Wind Projects

IMO progress and GHG levy momentum increases the imminence of the endgame for shipping’s use of fossil fuels

ETS: ‘Quite a year’ for ship owners

A Global Carbon Tax on Shipping is Coming, Says ABS Chairman and CEO

China’s weekly export container shipping index down

Eni, Fincantieri and RINA establish partnership for maritime transport decarbonization

Fugro completes primary phase in first vessel conversion to green methanol fuel

Yara Clean Ammonia and Azane granted safety permit to build world’s first low emission ammonia bunkering terminal

MARITIME NEWS 3-22-24

Study Reveals US Offshore Wind Projects Could Lower Costs, Bolster Grid Reliability

Drought Threatens to Snarl Mississippi River Traffic for a Third Year

Cost Gap for Sustainable Shipping Fuels Could Close by 2035, Says Wärtsilä Report

World’s First Ammonia-Powered Vessel Sets Sail in Singapore

Fiji to Sign Ports Deal with Australia in Shipbuilding Boost

MEPC 81: Support For Pricing Greenhouse Gas Emissions from Shipping Grows But Important Pieces Of Puzzle Still Missing

ICS Welcomes the Conclusion of the IMO Marine Environment Protection Committee (MEPC81) Meeting

U-Ming Singapore and ITOCHU sign milestone MoU for the joint development of Ammonia Dual-Fuel and De-Carbonised vessels

JX, NYK, and KNCC Jointly Study Optimization of CO2 Liquefaction and Storage Process

Infinium’s Project Pathfinder is World’s First Fully Operational eFuelsFacility

Mental Health Support Solutions Launches Book Series for Seafarers’ Mental Wellbeing

MARITIME NEWS 3-21-24

Global Trade Expected to Rebound in 2024, UNCTAD Reports

Offshore Wind’s Next Big Problem? Not Enough Ships

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

Sustainable shipping fuels can reach cost parity with fossil fuels by 2035 with decisive policy, says new Wärtsilä report

Stena Provident successfully completes first ever methanol bunkering at the Port of Savannah

BIMCO: Container Shipping Sailing Speeds To Decrease Moving Forward

ABB’s shore connection technology drives decarbonization of DEME’s fleet in the Port of Vlissingen

Marlink delivers future-proof hybrid network solution for unique digital experience onboard Exploris One

Ocean Harvesting raising 500,000 Euro for design update of InfinityWEC wave energy converter and preparation for sea trials

MARITIME NEWS 3-20-24

Nike Commits to Sustainable Biofuel for Portion of CMA CGM Cargo Volumes

Biden Administration Plans Second Offshore Wind Sale in Gulf of Mexico

Trump tariff threat: Another reason why US shippers are moving cargo early in 2024

TECO 2030 Receives AIP from DNV for Onboard Compressed Hydrogen Fuel Systems

The United States Of America And Panama Keep On Adding Efforts For International Compliance Cooperation

MOL, Idemitsu, HIF Team up to Develop e-fuel/e-methanol Supply Chain, Including Marine Transport of CO2

MARITIME NEWS 3-19-24

The Alliance Reinstates Transpacific Service to Reassure Shippers

PowerCell Group collaborates on hydrogen fuel cell infrastructure demonstration

Sail-powered cargo ship completes global journey and saves up to 15% on fuel

Cyprus Shipping Chamber delves into emissions trading system

China’s Container Trade Faces Hold-Offs Due to Supply-Demand Imbalance

“K” LINE Begins Participating in Joint Study on Liquefied CO2 Marine Transportation for Carbon Dioxide Capture and Storage

A look inside the Chinese cyber threat at the biggest ports in US

Port Of Los Angeles February Cargo Volume Jumps 60% Over Previous Year

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