Dominik Schneiter appointed acting CEO at WinGD WinGD, a Swiss marine power firm, has announced a leadership change. Klaus Heim, the current CEO of WinGD, recently informed the Board of Directors that he has decided to step down from his position on 31 July 2023. As a result of this transition, the Board of Directors has named Dominik Schneiter as Acting CEO, effective from 1 July 2023. Schneiter has over three decades of industry expertise, h
Port NOLA appoints new officers The Port of New Orleans (Port NOLA) Board of Commissioners appointed new officers for a nine-month term, including Joseph F. Toomy as chairman, Walter J. Leger Jr. as vice chairman, and James J. Carter Jr. as secretary-treasurer. With the Port of New Orleans and the New Orleans Public Belt Railroad merging, Port commissioners and officials now serve on the New Orleans Public Belt Railroad Commiss
Orca AI collaborates with Marubeni to broaden global reach of its technology Orca AI, a marine technology company based in Tel Aviv, Israel, has signed a worldwide distribution agreement with Marubeni, one of Japan's largest import and export corporations and a provider of ship services. The Japanese conglomerate will also install the Orca AI platform on its vessels, providing use-case insights that the Israeli firm can leverage to further enhance the technology. Orca AI'
Building Customer Trust in E-commerce: Strategies for Enhancing Security and Confidence Trust is the key to any successful relationship, especially in e-commerce. Today's customers are more tech-savvy than ever and are quick to abandon businesses they don't trust. While building trust with your customers is not a simple task, it can be done. Let's explore some effective strategies you can use to enhance security and confidence and build that all-important trust with your customers.
Maximizing Warehouse Efficiency: The Interplay of Shipping Containers and Warehouse Services in Miami In the complex world of logistics and supply chain management, warehouse efficiency stands as a crucial determinant of overall operational success. A well-oiled warehousing system can be the difference between a thriving business and a failing one. The bustling city of Miami, with its strategic location and robust infrastructure, has become a focal point for state-of-the-art warehouse services. A
Repeated blasts in oil tanker kill 4 crews, injures 13 including policemen in Bangladesh The bodies of four crew members were recovered and over 13 people including nine policemen admitted to the hospitals with burnt injuries after repeated blasts in an oil tanker that was carrying oil for the state-run Padma Oil. The first fire and blast occurred in the oil tanker namely 'Sagar Nandini-2' on 1 July, when the body of one crewman was found in the engine room of the vessel, while three
Maersk, CMA CGM increase FAK rates from Asia Maersk and CMA CGM have decided to increase their FAK (Freight All Kinds) rates from Asia to several destinations worldwide. Marseille-based CMA CGM announced an increase in its FAK rates from all Asian ports, including Japan, Southeast Asia and Bangladesh, to all North European ports, including UK and the full range from Portugal to Finland/Estonia, effective from 1 August 2023. The company said
Port of Rotterdam and Tasmania investigate green hydrogen potential According to collaborative research conducted by the Port of Rotterdam Authority and the Tasmanian government, importing green hydrogen from Tasmania, an island southeast of Australia, has significant potential. In Tasmania, much electricity can be generated from wind, a bit of solar, and balancing hydroelectric power, resulting in one of the world's lowest prices for the manufacturing of green h
CMA CGM to start new service connecting Türkiye, Malta and Algeria CMA CGM will launch its new Turaf Express service, which will provide links between Türkiye, Malta and Algeria, later in July. The French ocean carrier will deploy three container ships on the service with a box capacity of 900-1,100 TEUs each. The port rotation of the Turaf Express service will be Aliaga (Türkiye) - Gemlik (Türkiye) - Izmit (Türkiye) - Istanbul (Türkiye) - Malta - Alger (Algeria
Volvo Cars uses ECO Delivery Ocean solution from Maersk Swedish car manufacturer Volvo Cars collaborates with Maersk to reduce its global greenhouse gas (GHG) footprint from seaborne logistics. For its decarbonisation product ECO Delivery Ocean, Maersk replaces fossil fuels on its vessels with second generation biodiesel based on waste feedstocks to reduce the greenhouse gas emissions of customers' ocean transport directly in the Ocean supply chain, i
Record newbuilding deliveries in June The month of June 2023 has set an all-time high for container ship newbuilding deliveries in a single month, with 277,873 TEUs hitting the water. Ships released by the yards include ONE's 24,136 TEU ONE Innovation, Hapag-Lloyd's 23,660 TEU Berlin Express, MSC's 24,346 TEU MSC Mariella and 15,264 TEU MSC Taylor, Seaspan Corporation's 15,616 TEU Maersk Charleston, Evergreen Marine Corporation's 15,
Taiwan cops nab mastermind in marijuana-in-container smuggling The mastermind of a Taiwanese drug trafficking gang has been apprehended after Taiwanese and US law enforcement officials busted the island's largest case of marijuana smuggling in containers. In a press conference on 3 July, Dustin Lee of the Criminal Investigation Bureau's (CIB) International Crimes Division said they began tracking down the gang members after the container, labelled as carryin
Asian box lines launch new service Emirates Shipping Line (ESL), ASEAN Sea Line (ASL) and Pacific International Line (PIL) have launched a new service connecting China, the Philippines, and Vietnam. Subic Bay International Terminals (SBITC), International Container Terminal Services, Inc.'s (ICTSI's) operation in the Philippines recently received the first vessel of the new service, Danum 175. The 1,200 TEU boxship called the Port
New report reveals extent of illegal fees for seafarer recruitment A research report and survey conducted by Liverpool John Moores University (LJMU) and maritime welfare charity, The Mission to Seafarers (MtS), highlighted the extent of unlawful recruiting fees and charges billed against seafarers in violation of the Maritime Labour Convention. The report, titled 'Survey on Fees and Charges for Seafarer Recruitment or Placement,' sheds light on cases where seafa
cargo-partner opens new logistics facility in Türkiye International transport and logistics provider cargo-partner has opened a new iLogistics Center with 20,000 m² of warehouse space in Istanbul, Türkiye. The new facility is located close to the new Istanbul airport and the region's main seaports, and connected to Europe via North Marmara Highway. Moreover, the warehouse will have a total storage area of 20,000 m², including 5,850 m² of bonded ware
MSC establishes new office building in UK MSC expanded its head office in Ipswich in the United Kingdom with an additional office building. The official opening day was on 3 July 2023. The new 17,500 m² facility is expected to provide additional office space along with a staff restaurant and informal meeting area. MSC pointed out that this is the fourth office building of the company in the United Kingdom within Ransomes Europark and Suf
CMA CGM upgrades service connecting Greece, Egypt, Türkiye and Libya CMA CGM has decided to reshuffle GTL - Greece Türkiye Libya Express service, which will now also include Egypt, with a new rotation duration being extended from 21 to 28 days. The updated GTL service will launch on 10 July 2023 with the vessel Mayfield. GTL will be operated by four vessels with 1,200 TEU capacity each, while the service's frequency will be weekly. The port rotation of the service
Court of Appeals finds Stolt Tank Containers and Deltech liable in MSC Flaminia fire case Stolt-Nielsen reported that the Court of Appeals has affirmed by two to one, in all material respects the ruling on liability from 2018 by the US District Court for the Southern District of New York regarding the 2012 incident on board the MSC Flaminia. Stolt Tank Containers BV has been found at fault for 45% together with Deltech for 55%. Stolt-Nielsen expressed its disappointment with the decis
India's Mundra port berths MSC giant container ship Mundra Port, the flagship port of Adani Ports and Special Economic Zone (APSEZ), berthed the 399 metres long and 54 metres wide vessel, MSC Hamburg. The 2015-built container ship was anchored at the Indian port on 2 July 2023. MSC Hamburg has a carrying capacity of 15,908 TEUs and its current draught is reported to be 12 meters. Meanwhile, the port of Mundra has resumed all its services after the
Subsea 7 and EnBW eye wind-to-hydrogen projects Subsea 7 has teamed up with German energy group Energie Baden-Württemberg (EnBW) to study several offshore wind-powered hydrogen production concepts. Under a memorandum of understanding the two partners will explore the technical and commercial elements of green offshore hydrogen production, from both pilot and commercial scale facilities, considering bottom-fixed and floating options. EnBW will
Engie and EDP venture reveals Australian offshore wind scheme Ocean Winds, a joint venture between France's Engie and Portuguese electric utilities company EDP, has applied to develop offshore wind projects off the coast of Victoria, Australia. The joint venture is looking to build three wind farms totalling close to 4 GW in the Gippsland area declared as Australia's first offshore wind zone. The duo ...
DOF, Solstad, Eidesvik partnering with Norwegian Shipowners' Association in alternative fuels study The Norwegian Shipowners' Association has commissioned an analysis of alternative fuels from SINTEF Ocean in association with offshore shipping companies DOF, Solstad, and Eidesvik The study will analyse and provide recommendations for platform supply vessels (PSVs), anchor-handling tug supply vessels (AHTS), and construction support vessels (CSVs). The Norwegian Shipowners' Association is the cl
Four dead and nearly 20 injured in Bangladesh tanker blasts Four people have been killed and nearly 20 injured on a blast-hit Bangladeshi product tanker. The 2012-built Shagor Nandini-2 suffered an explosion and fire in its superstructure in the Sugandha River in Jhalokati on Saturday, resulting in the deaths of four crewmembers and five more being injured. A second blast occurred on Monday, triggering a ...
Volvo Cars switches to renewable fuels for container shipping Swedish car manufacturer Volvo has decided to transport material for the production of its vehicles across the world's oceans mostly on container ships using renewable fuels. Volvo Cars said that it transports tens of thousands of containers of production material each year and that the switch would achieve an immediate reduction in fossil CO2 emissions ...
Toyo Kaiun and Argenmar bulkers collide in Argentina Two handysize bulk carriers collided Sunday night while transiting the Paraná River in Argentina. The incident involved the 29,100 dwt Argentina-flagged Argenmar Mistral and the 35,500 dwt Panama-flagged ES Vanquish at kilometre 313 in the middle of the navigation channel in Ramallo. The Argenmar-owned 170-m-long bulker was proceeding upstream on its way from Bahía Blanca ...
Amogy and Southwind form offshore wind pact Amogy, an American startup focused on developing ammonia-powered ships, and Southwind have signed a Memorandum of Understanding (MoU) to explore joint opportunities in the offshore wind market. Amogy said in a statement that the two would use the MoU to establish a foundation for future collaboration and explore joint opportunities for mutual promotion and advocate ...
No contract progress as Canada port strike enters fourth day There is still minimal congestion to report at the ports of Vancouver and Prince Rupert where unionised dockworkers are preparing for a fourth day of strikes with little sign of negotiations with employers making any progress. Canada's branch of the International Longshore and Warehouse Union (ILWU) started the strike at the two west coast ports ...
Of LevelSeas and Enron Online In his monthly column, Pierre Aury discusses the missed opportunities on shipping's digitalisation path. Common wisdom has it that shipping is conservative. And it probably is in a number of ways like "my word is (still) my bond" or for huge sums of money being wired across the globe with no signed contract but it ...
GoodBulk offloads another cape John Michael Radziwill-led GoodBulk's ongoing fleet sale shows no sign of easing off amid a depressed dry bulk scene. Multiple broking reports note that the Monaco-based outfit has sold a second 2011-built cape in the space of just a couple of weeks, letting go of the 180,000 dwt, a ship built at Hanjin ...
Hapag-Lloyd faces US shipper complaint Fruit juice importer and broker Rahal International has filed a complaint with the US Federal Maritime Commission (FMC) against Germany's Hapag-Lloyd over unreasonable charging practices, adding to an abundance of grievances filed versus ocean carriers. Lawyers for Rahal argue that between April and June 2022, Hapag-Lloyd created logistical paralysis at the port of New York ...
Container newbuild avalanche sets new records New containership deliveries in June reached 277,873 teu, setting a new record for the highest level of new vessel capacity delivered in a single month, according to data from Asia-based box watchers Linerlytica. The total number of new ships delivered in the first six months of the year has reached 148 units for 975,344 teu ...
UK adds shipping to its emission trading scheme The UK has followed the European Union in including shipping in the kingdom's expanding emission trading scheme (ETS). From 2026 domestic shipping will be included in the UK's ETS. The scheme will apply to vessels of 5,000 gt and above. A statement from the government stated yesterday: "The decisions taken here will not only put ...
Report reveals extent of illegal fees for seafarer recruitment The extent of illegal recruitment fees and charges being levied on seafarers, in violation of the Maritime Labour Convention, has been revealed in a research report and survey produced by Liverpool John Moores University (LJMU) welfare charity, The Mission to Seafarers (MtS). The report shines a light on instances in which seafarers are being forced ...
Largest suction sail installation to date Spain's bound4blue has installed two very tall eSAILs on Dutch flagged Eems Traveller, a 2,850 dwt general cargo vessel owned by Amasus. The eSAIL system, categorised as a suction sail, is based on the use of a thick aerodynamic profile and smart suction to increase the propulsive efficiency, resulting in a system that produces seven ...
Jan De Nul and Hellenic Cables secure wind cabling contract in Germany Belgian marine contractor Jan De Nul and Greece's Hellenic Cables, part of Cenergy Holdings, have won a contract from TenneT for turnkey delivery of three grid connection cables for offshore wind farms in Germany. The cables will connect the wind farms set to be developed in so-called zones N-3.7 and N-3.8 to the DolWin Kappa ...
BW Offshore's FPSO in Nigeria gets one more extension Floater specialist BW Offshore has agreed a one-month charter extension with Eni's Nigerian arm Agip Exploration for the Abo floating production storage and offloading (FPSO) vessel. The Oslo-listed company said the charter for the 1976-built vessel had been extended until July 31, 2023. The FPSO has been operating on the Abo field since the beginning ...
Customers pushing decarbonisation in freight sector Forwarders and logistics service providers are increasingly recording the carbon emissions of freight movements. Smaller companies may struggle to invest...
ILWU accuses employers of walking out of Canada labour talks Both sides have dug their heels in over the issue of maintenance. Union has called for direct talks with employer...
Environmental groups say IMO talks 'already failing' as climate change targets fall short International Maritime Organization hears that self-interest is driving the working group debate, which began today behind closed doors. It is...
P&I: Corner turned, but further to go Consensus predicts fifth year of hefty rate hikes, as clubs struggle with back year deterioration
Australian coal to China picks up strongly Risks to demand remain as the Chinese economic recovery has not been as strong as expected following the end of...
Tanker sales stagnate while values remain elevated With few modern crude oil and product tankers coming on to the market for sale, shipowners' interest in newbuildings is...
Oil cap further deepens Baltic, Black Sea and Pacific port tanker divide Greek-owned tankers comprise half of tankers calling at the five Baltic and Black Sea ports, where oil is sold below...
Costamare acquires capesize brace from GoodBulk Prior to first capesize purchases, Greek owner has established a presence in the segment through new chartering-in platform Costamare Bulkers
Dominik Schneiter takes leadership at WinGD Outgoing chief executive Klaus Heim has overseen WinGD's commitment to cutting-edge technologies and partnership with shipowners in decarbonisation efforts
Developing countries pushing back on GHG levy at IMO China, Saudi Arabia and Brazil were among the IMO member states opposing a flat greenhouse gas levy for shipping, as...
Seafarer recruitment fees reveal the dark side of crewing Seafarers' mental health is being put at risk by payment of hefty recruitment fees. Recruitment agents' demanding fees could seriously...
The week in newbuildings: Orders valued at almost $2bn signed Mystery owner orders four large car and truck carriers at South Korean shipyard, which boosts the total vehicle carrier orderbook...
Box shipping shows IMO what can be done Policy makers are struggling to move the dial on decarbonisation. But most major carriers have targets of net zero by...
NYK joins Global Centre for Maritime Decarbonisation NYK plans to put an ammonia-fuelled tugboat in operation in 2024 and deliver an oceangoing ammonia-fuelled ammonia gas carrier by...
Cosco Shipping Holdings posts stronger than anticipated earnings Net profit in the second quarter was estimated at about 9.5bn yuan ($1.3bn) beating analysts' forecasts, as spot freight rates...
Daily Briefing Why shipping's carbon targets will ultimately come down to climate finance | China calls for 'by or around mid-century' decarbonisation...
Vancouver, Prince Rupert face protracted port strike as talk stalemate Canadian business groups are pleading for Parliament to return to Ottawa and pass back-to-work legislation, but it will be days before the upper and lower houses are likely able to pass if they heed the call.
Maersk warns of hefty Asia-Europe rate hike from July 31 The carrier is attempting to stem the spot rate slide in a weak demand-high-capacity environment that has seen freight prices fall more than 80% from the record highs of early last year.
Shipping industry braced for extended strike at BC ports The pressure is on the Trudeau government to use its political capital to force a deal between employers and longshore workers at the ports of Vancouver and Prince Rupert after the latter began a strike Saturday.
Teamster workers ratify ABF contract, UPS deal draws closer The ABF-Teamsters contract is the first of three major negotiations the union is conducting this summer to make it past the finish line, with UPS and TForce Freight talks still ongoing.
Green groups issue warning over Hong Kong Convention International recycling regulation not up to scratch say environmentalits
d'Amico International kicks off share buyback after stock split Italian tanker owner makes a start on potential €45m programme
EU 'must expand approved list' as scrap numbers fall in 2023 Broker Ed McIlvaney's six-month recycling round-up shows drop from 258 ships last year to 221
Greeks bet big on bulkers as counter-cyclical investment trend emerges Greek shipowners flush with cash pile in to dry bulk stocks, newbuildings and secondhand vessels
Dryad Global co-founder Munro Anderson moves into war risk insurance with Pen Maritime security expert becomes head of operations at underwriter's Vessel Protect operation
Methanol dual-fuel newbuilding orders top those for LNG in June Tankers make move to methanol as marine fuelling mix starts to widen
Greener, leaner and bigger: How a newbuilding deluge will change the container shipping landscape The landscape will be different once a flood of deliveries recedes
CMA CGM kicks off shirt sponsorship deal with home town club Marseille French container line strikes two-year deal as part of wider drive into sports partnerships
Cosmoship keeps secondhand market busy with container ship purchases Greek shipowner wastes no time in reinvesting proceeds of its newbuilding sales
Cargo vessel hit by Cameroon kidnapping also suffered abduction in 2017 Six crew were taken from Congo-owned ship on 30 June, but this was not its first pirate attack
Bound4blue carries out biggest-ever suction sail retrofit on Amasus MPP Spanish company installs two 17-metre systems on Dutch vessel
Greece's Evalend Shipping strikes rare LR1 tanker deal as two-year fleet renewal spree rolls on Company orders four newbuildings worth more than $200m at Yangzijiang Shipbuilding
Toyo Kaiun and Argenmar bulkers bashed in collision in Parana River Handysizes clashed in Argentina but no injuries reported
Four killed as tanker hit by two blasts two days apart in Bangladesh More crew injured after explosions on the Shagor Nandini-2
'Shipping needs the political will' to secure carbon consensus, says Ardmore's Anthony Gurnee Chief exec calls on regulators to plot a 'workable, sensible' path to cutting emissions
Seafarers charged up to $7,500 for jobs with shipping firms New study adds to weight of evidence suggesting that illegal demands for payments remain a key issue for the shipping industry
Expanding Oil Brokerage joins Baltic tanker panel London-based OB announces new hires from Clarksons and GNMTC as part of rapid expansion
Tanker S&P screeches to a halt amid soaring asset values First a slowdown, then a trickle - no fresh tanker sales reported in almost a week
NYK Line to partner with Global Centre for Maritime Decarbonisation Shipowning giant first Japan-headquartered strategic partner to team up with Singapore-based organisation
SK Shipping exits LR2 segment with the sale of the Hyundai-built Pro Triumph Tristar Eships says reports that it is the buyer are incorrect
Major shipowners commit to 'book and claim' system for voluntary green freight market Oldendorff Carriers, Hapag-Lloyd and Ocean Network Express among those pursue inserting mechanism but acknowledge challenges
Lila Global's Steve Kunzer talks strategy to reach 70-plus ships Chief executive tells TradeWinds the focus will be on younger vessels, with investments made across sectors
The Suez Canal Authority has announced that it will introduce surcharges on transit tariffs through the Egyptian canal for most major cargo vessels, effective July 15.
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