Double-stack & long-haul train services from CONCOR ICD Dadri herald a new beginning, highlights trade meet
FFFAI Chairman Shankar Shinde appointed to the Board of Governing Council of Logistics Skill Council
International Conference on Climate Justice & Sustainable Environment concludes with a call for solidarity and collaboration towards a sustainable future
MSC enhances connections between Africa, Middle East & India
Bangladesh permanently opens Chattogram, Mongla ports to India
Spot container freight rates seen recovering: Report
Commodity-Wise Growth of Cargo Traffic at Major Ports
5 California container ports launch new port data partnership Five California container ports - Los Angeles, Long Beach, Oakland, Hueneme and San Diego - signed a Memorandum of Understanding (MOU) yesterday launching the California Port Data Partnership. The MOU outlines an
Texas A&M Maritime Academy welcomes training ship TS Kennedy The Texas A&M Maritime Academy on the Galveston Campus of Texas A&M University is set to receive a brand new National Security Multi-Mission Vessel (NSMV) training ship in 2025. Meantime, the academy
MacGregor gets 8th W2W gangway order from Edda Wind MacGregor, part of Cargotec, has extended its run of orders for walk-to-work gangway systems from Haugesund, Norway, headquartered Edda Wind. It has booked its eighth contract to equip an Edda Wind service
California container ports sign data system development agreement Five box ports in California signed a Memorandum of Understanding (MoU) in Sacramento, the capital city of the US state of California, to begin the California Port Data Partnership with state and federal partners. The ports of Los Angeles, Long Beach, Oakland, Hueneme and San Diego, inked the MoU which defines a collective agreement among the five ports to develop digital and cloud-based data int
Gebrüder Weiss inaugurates new office in the United States Gebrüder Weiss further expands its presence in the United States, opening an air and sea freight office in Miami, Florida. The new office is located near the Miami International Airport, one of the country's busiest cargo-handling facilities. The company currently employs six people in Miami. Headed by Marcin Gonzalez, the location is set to keep growing and become a gateway for transport to the
Record container ships approaching Port of Antwerp-Bruges Three different vessels are competing for the title of biggest container ship ever to call at Belgium's Port of Antwerp-Bruges in the coming weeks. The container ship MSC Tessa arrived at Antwerp's MPET facility on 20 April 2023. It is the port's first ship with a capacity of more than 24,000 TEUs. Furthermore, MSC Tessa can carry a total of 24,116 TEUs. That record will only last a while, as OOC
Southampton sees completion of container facility project's first phase Associated British Ports (ABP) Southampton has been working in collaboration with Solent Stevedores on a US$21.7 million project to enhance the port of Southampton's container offering for deep sea shipping lines. The United Kindom port project has completed its first phase of construction. Phase one has seen 22,250 m² of a new site installed including large areas of fibre-reinforced concrete ena
Liverpool in bid to become UK's flagship Clean Maritime Research Hub Peel Ports is working with a consortium led by the University of Liverpool to bid for the United Kingdom's flagship national Clean Maritime Research Hub. Peel Ports has committed to engaging in workshops, sharing operational port data and insights, and committing staff time to the project as part of a larger cooperation with the University of Liverpool's School of Management. The designation is p
Port of Gothenburg achieves container growth despite slump in imports Over 50% of Sweden's container volumes are moved via the Port of Gothenburg with the majority of them handled at the APM Terminals box terminal. Despite the approximately 20% drop in import volumes, the major Swedish port handled approximately 225,000 TEUs during the first quarter of 2023, representing a 6% gain over the same period in the previous year. The rise is attributable to Sweden's robus
Hapag-Lloyd opens new office in Europe Hapag-Lloyd has announced the opening of a new office in Romania. The new office is located in Bucharest, the country's capital and economic hub, and consists of 21 staff members. The German shipping company said Romania is an important hub for container traffic in the Black Sea region, as it offers direct access to Central, Eastern and Northwestern European countries via the Danube-Black Sea Can
Container ro-ro ships now hard to find Container ro-ro ships, which carry containers, vehicles and other rolling cargos, are becoming a rarity due to the dearth of such vessel orders in recent years, according to Alphaliner's latest report, released 26 April. Last week, Grimaldi Lines took delivery of one such ship, Great Antwerp, which is one of six sister vessels ordered at Hyundai Mipo Dockyard in South Korea. Great Antwerp, which
DP World reports 19.5 million TEUs in 2023 first quarter DP World handled 19.5 million TEUs across its global portfolio of container terminals in the first quarter of 2023, with gross container volumes increasing by 1.4% year-on-year. The UAE-based port and terminal operator said the growth was driven by a strong performance in Asia Pacific and India, which was partially offset by softer performance in Europe and the Americas. DP World's flagship termi
Bangladesh grants permanent transit of Indian cargoes using Chittagong, Mongla ports Bangladesh finally opened permanently the Chittagong and Mongla ports for transiting Indian cargoes toward its remote North Eastern states. On 24 April, Bangladesh's customs authority issued a notification allowing regular commercial transit for goods to and from India using the two Bangladeshi seaports. With the issuance of the permanent order, from now on, India would not have to take permissio
Cargotec plans to separate Kalmar and Hiab Cargotec Corporation's Board of Directors has decided to launch a process to divide its key businesses, Kalmar and Hiab, into two standalone companies. Cargotec intends to separate Kalmar as a new listed company by means of a partial demerger from Cargotec. Based on the initial assessment, Cargotec's Board has estimated that the separation of Kalmar and Hiab could bring shareholder value by allow
COSCO Shipping Ports boosts first quarter profits with flat container volumes Cosco Shipping Ports achieved a year-on-year increase of 11.2% in its gross profit for the first quarter of the year, reaching US$89.9 million. At the same time, the company's Q1 revenue decreased by 0,5% year-on-year, falling to US$328 million. For the same period, the Chinese port and terminal operator reported a total container throughput of 30,305,420 TEUs, retaining steady box volumes with t
IPCSA appoints new Secretary General Nico De Cauwer has been appointed Secretary General of the Internationally Port Community Systems Association (IPCSA), a worldwide network of Sea and Air Port Community System operators. Cauwer will formally take over as Secretary-General on 1 May, after serving as Business Architect Port Community Solutions at the Port of Antwerp-Bruges and as a long-time active representative of IPCSA. He will
Maritime CEO Forum: Crystal balling ships in 2030 A shipowner, ship manager, class society, propulsion specialist, and technology provider led discussions this week at the Fullerton Hotel in Singapore for the Maritime CEO Forum to examine what ships will be coming out of yards at the start of the new decade. Kicking off the session on how the global merchant fleet will look ...
Hadjiyiannis more than doubles his money on a rusty VLCC For tanker owners doubling their money has never been easier as VLCC values has been on the rise for months. With less sales to report in the last couple of months, brokers indicate that the market might have peaked. This week brokers note that Hellenic Tankers has sold the 18-year-old ship, the 306,000 dwt , ...
Eight top class societies collaborate with the Maritime and Port Authority of Singapore to help resolve key shipping issues The Maritime and Port Authority of Singapore (MPA) and eight top classification societies have signed a letter of intent (LOI) to collaborate in the areas of maritime digitalisation and decarbonisation. Under the LOI, MPA and the eight classification societies will strive to collaborate in areas such as smart and autonomous shipping, cyber security, electrification, and ...
Pangaea snaps up secondhand ultramax for $26.6m. Nasdaq-listed US bulker owner Pangaea Logistics Solutions has picked up a secondhand ultramax for $26.6m. The 2014-built, 61,000 dwt ship is expected to be delivered in June and renamed Bulk Prudence. VesselsValue data suggests Pangaea closed the deal for the previously reported sale of Iwagi Zosen-built CL Ebisu by Belgian owner Conti Lines. When delivered, ...
Seacon books Japanese handysize bulkers Chinese shipowner and operator Seacon Shipping is expanding its fleet with a fresh order for a pair of handysize bulk carriers in Japan. The Qingdao-based company has contracted Tsuneishi Shipbuilding to have the vessels delivered by end-June and end-September 2025 for around $31.7m each. The order comes hot on the heels of Seacon's $52m raise ...
Report sheds light on key challenges for women at sea A study conducted by the All Aboard Alliance has revealed 15 key pain points for women at sea. The research is the first to emerge from the Diversity@Sea workstream, which seeks to investigate how to make a career at sea more diverse, inclusive, and appealing to a broader pool of talent. The 15 main issues ...
Fred Olsen Windcarrier wins vessel contract in Denmark Norwegian offshore wind turbine installation company Fred Olsen Windcarrier (FOWIC) has landed a vessel contract with RWE for the installation of 72 offshore wind turbine generators at the 1 GW Thor offshore wind farm in the Danish North Sea. The project will utilise one of the two FOWIC's Tern class installation vessels, which by the ...
Van Oord lines up wind farm installation newbuild for 1.6 GW project in Germany Dutch marine construction firm Van Oord has been appointed as a preferred supplier for the transport and installation of foundations for RWE and Northland Power's 1.6 GW offshore wind cluster in Germany. The so-called Nordseecluster is expected to supply green electricity to the equivalent of 1.6m German households annually as of 2029. The project includes ...
Gothenburg port takes stake in 1 GW offshore wind project The Port of Gothenburg is buying into an offshore wind power project, that will be able to generate renewable electricity corresponding to the current electricity consumption of the second-largest city in Sweden. Under the agreement with developer Eolus, Gothenburg port will acquire 5% of the shares in the project company that owns Västvind, with Eolus ...
Corio names Norwegian floating wind venture Corio Generation, an offshore wind portfolio company of Macquarie's Green Investment Group (GIG), and Norwegian renewable energy business Å Energi have announced Nordvegen Vind, the name for their joint venture aiming to deliver the country's first grid-scale floating offshore wind farm. Nordvegen Vind is targeting Utsira Nord, a deep water site off the southwest coast ...
Why I'm backing a return to sailing ships Forget wind-assist, we need to go full on sail, argues Andrew Craig-Bennett. I asked the editor if I could write this. It will seem absurd to most readers, but then there is something absurd about ships being built to transport carbon dioxide captured from exhaust gas emissions when we have neither a reliable and cheap ...
Shipmanagement's shift in business What will change for the business of shipmanagement in the remaining years of the 2020s? Splash asked more than 200 senior executives how they see the role of managers evolving from now through to 2030. Condensing these thoughts down into three pages gives readers some obvious trends as well as a few outlier predictions. Setting ...
South Koreans develop ammonia FSRU South Korea's HD Hyundai Heavy Industries (HHI) and Korea Shipbuilding & Offshore Engineering (KSOE) have developed the country's first ammonia floating storage and regasification unit (FSRU) in collaboration with Korea National Oil Corporation and class society Lloyd's Register. Awarded an LR
Sanctions are working despite price cap breaches New study points to widespread price cap breaches on oil loaded from Russian port of Kozmino, but concludes that the...
No 'future fuels' can be ruled out on safety grounds, says study An analysis from the safety coalition Together in Safety says methanol poses the least risk, followed by LNG, hydrogen and...
RightShip offers alternative to subscription-based maritime data products RightShip launches new e-commerce platform 'RightSTORE' with plans for its development into an Amazon-like marketplace for maritime data products
President Putin yet to respond to UN secretary-general's letter on grain deal The UN indicates efforts are under way to ensure the extension of the grain deal, but there has been no...
Forwarders feel pinch of lower volumes Both DSV and Kuehne+Nagel have seen volumes and earnings fall from the peaks of the pandemic. Both expect some return...
Iran seizes Marshall Islands-flagged tanker in Gulf of Oman A Chevron chartered, Chinese-owned tanker destined for Houston, which had loaded 750,000 barrels of crude from Kuwait on Tuesday, has...
Taylor Maritime sees headwinds easing in global economy Dry bulk earnings are expected to improve through the year, partly boosted by China, which is showing early signs of...
Zodiac orders first two LR2 tankers from Yangzijiang Eyal Ofer has joined the recent rush to order tankers by securing a deal for two long range two vessels...
Alleged grain-smuggling vessel sought by Ukraine moves to Turkish anchorage Bulk carrier that Kyiv says is loaded with stolen barley has relocated to Samsun anchorage after spending a week at...
Yangzijiang Shipbuilding secures strong first-quarter order wins Yangzijiang achieves 40% of full-year newbuilding order target during first three months of the year, as analysts forecast double-digit gross...
Shipping needs to bring down production costs of renewables, Singapore forum told 'There is a realisation seeping across the world that what we have been told about renewable energy getting cheaper and...
Africa has key role in shipping's decarbonisation, says IMO leadership hopeful Kenyan candidate to run the International Maritime Organization champions Africa's positioning in relation to shipping's decarbonisation efforts. 'If you talk about...
First ship-to-ship pilot to transfer ammonia planned for this year in Singapore Decarbonisation centre's ammonia bunkering study found that risks identified for conducting pilots were low or mitigable
Wärtsilä signs decarbonisation and digitalisation deal with Singapore Partners also planning development of an operational concept for vessels and harbour craft using AI-based monitoring, tracking and incident response
Skyports uses drones for cash deliveries to vessels Cash-to-master cuts service time and helps to reduce emissions
International deal on judicial sale of ships gets industry backing New owners will be able to secure deletion of previous mortgages
Class societies to collaborate on maritime digitalisation Collaboration involving the Maritime and Port Authority of Singapore and eight classification societies could cover low-carbon marine fuels, such as...
Daily Briefing Sudan unrest poses no immediate risk to shipping | Rapid ratification likely for judicial sales convention | Newbuild pricing now...
Changing of the guard in the works at BBC Chartering USA Tim Kopfensteiner will become president of MPV carrier BBC Chartering's US operations following Per Petersen's retirement later this year.
Recent GRI success hastens signing of 2023-24 trans-Pac service contracts When it became apparent the carriers' recent GRI had succeeded in bumping up spot rates by several hundred dollars, sources say customers moved to sign their contracts out of concern that rates would only go higher the longer they waited.
USDOT opens $160 million in funding to cut emissions from port truck idling Funds will go to projects that focus on reducing emissions from port-related truck idling, particularly in communities adjacent to ports.
DSV eases pain of Q1 volume, profit drop with focus on high-yielding cargo CEO Jens Bjørn Andersen couched the year-on-year downswing as all part of the normalization of cargo markets as they continue to reset from the heavily disrupted supply chains of the past two years.
Jaxport looks to redevelop land at Talleyrand terminal Jaxport is seeking a new tenant or tenants for a 79-acre parcel at the Talleyrand Marine Terminal in preparation for Toyota vacating the property in 2025.
Broad reshaping of detention, demurrage billing possible in FMC rulemaking The FMC is poised to implement potentially far-reaching changes in how detention and demurrage fees are assessed, a move that could cloud how to incentivize the movement of cargo through US marine terminals.
Washington sanctions four Iranian officials after seizure of US-chartered vessel Ofac blacklists four members of the Islamic Revolutionary Guard Corps for 'hostage taking' but makes no mention of Advantage Sweet incident
Costamare, Reachy and Cobelfret lock in kamsarmax tonnage for yearlong charters Diana Shipping-owned vessel scores rate well below market assessments for period charter
California ports to share cargo data for supply chain efficiency State is backing California Port Data Partnership with $27m in grant money
Wind player Eneti reports lower results than top analyst estimates Scorpio Group-backed outfit has begun sales process for three NG2500 vessels that are the smallest in its fleet
GasLog Partners LNG fleet 86% fixed for 2023 as it cashes in on recent hot market Three LNG carriers to be dry-docked this year at pricier European shipyards
Iranian forces seize Advantage Tankers suezmax in Gulf of Oman US Navy says vessel was en route from Kuwait to Texas
Wind player Eneti reports lower results that top analyst estimates Scorpio Group-backed outfit has begun sales process for three NG2500 vessels that are the smallest in its fleet
Earnings season preview: Jefferies' Nokta girds for results onslaught and rates favourites The Streetwise newsletter takes a look at veteran analyst's views on two dozen US-listed shipping stocks and the health of their sectors
'Brutal truth': fresh interviews reveal hurdles faced by female seafarers All Aboard Alliance study aims to use feedback for real-world solutions
GasLog Partners sells off TFDE LNG carrier and nets charter deal on second ship Company's financial costs double as high interest costs hit
Russia must build up its tanker fleet, says Sovcomflot chief Igor Tonkovidov calls for improved insurance and finance systems
Cooking up a storm: TI's Charlie Grey spells out a new take on gardening leave New VLCC pool chief has a 'very positive' attitude to life but admits he is someone who 'can't sit still'
Fresh face steps up to lead Tankers International in VLCC pool growth push 'I can't think of a better place to be than in a pool right now with changes on the horizon'
JP Morgan confirms takeover of car carrier owner NOCC by institutional investors Norwegian shipping company said Tom Erik Klaveness and his family was selling out earlier this month
Fred Olsen Windcarrier fixes ship to install 72 wind generators for RWE Norwegian shipowner says work will take place in Danish North Sea in 2026
Hong Kong Convention edges closer to ratification after Bangladesh makes Tokyo pledge Japan offers support after prime ministerial-level meeting in Tokyo
Greek shipowner Aristides Pittas says Euroseas beats expectations for new container ship charters Greek owner points to recent strengthening in smaller vessel markets, after falls from record peaks
MOL targets 130 zero-emission ships by 2035 as part of $600m finance deal Japanese group reveals ESG targets linked to new funding by Mizuho Bank
Safety study gives go-ahead for ammonia bunkering pilot in Singapore Global Centre for Maritime Decarbonisation reports that ammonia bunkering risks are low and mitigable
RightShip 'democratises' data access with new pay-per-use platform Newly-launched e-store will broaden access to its data and help drive industry transformation, company claims
AG&P's laden FSU berths at first LNG terminal for Philippines 'Historic moment' for country, new LNG importer says
Pilot project aims to make shipping emissions trading as easy as buying green electricity Project aims to emulate aviation scheme and grid system with a way to monetise green shipping services and boost recovery of investment in them
Greek shipowner Aristides Pittas says Euroseas beats expectations for new container ship charters Greek owner points to recent strengthening in smaller vessel markets, after falls from record peaks
Ukraine Navy accuses Russia of blocking World Food Programme grain shipment Four ships have been delayed in Ukraine ports including one operating on the World Food Programme
Headwinds easing? TMI bullish on bulker rates for the rest of 2023 London-listed owner confident of support for earnings and asset values as China reawakens
Subsea 7 on track to hit targets despite loss as backlog grows Chief executive John Evans said the company's first quarter was 'satisfactory'
Procopiou joins Greek tanker newbuilding stampede with huge order in China Greek shipowner Dynacom has inked contracts on a slew of at least 10 product tankers worth over $600m
TMI cuts debt after writing off bulk carrier stuck in Ukraine London-listed owner banks insurance payment for handysize trapped in Black Sea port
Putin's war has put tankers in a spin with trade with 'laundromat' nations A new oil shipping order has seen new big trading countries emerge that are supplied by vessels owned or insured by price-cap countries
Putin's war has put tanker trades in a spin over sanctions. Here's how A new oil order has seen 'laundromat' countries emerge that are supplied by vessels owned and/or insured by price-cap countries
Shipowners face challenges deciding on decarbonisation retrofits, Wartsila's Tamara de Gruyter says Wartsila's marine systems boss tells TradeWinds that shipping companies are facing competing pressures
DNB's shipping book dips by $58m but offshore impairments reversed Key Norwegian lender pushes up earnings in the first quarter
Pangaea Logistics Solutions raids secondhand market for ultramax bulker Newport Rhode Island owner takes owned and short term chartered-in fleet to 50 ships with acquisition
TCC Group breaks ordering drought to ink LR2 newbuildings The Hong Kong shipowner has ordered two vessels at Shanghai Waigaoqiao Shipbuilding
HMM steps up green fuel quest with GS Caltex biofuel supply deal South Korean owner secures more lower-carbon bunkers for huge container ships
Shipyards build up to the challenge of launching a zero-emission fleet Shipping aims to decarbonise by 2050, but are shipbuilders technically up to the task of replacing the world fleet?
Gulf Coast ports show mixed cargo results in March Cargo flow fell slightly at ports in Houston and New Orleans in March but increased at the Port of Corpus Christi in South Texas.
American Airlines' cargo revenue shrinks 38% in 1st quarter American Airlines joined its peers in posting lower cargo revenue for the first quarter from a year ago.
Gol to increase e-commerce cargo fleet in May Gol Airlines in Brazil will have five all-cargo aircraft in its fleet by next month operating in a dedicated service for a large online retailer.
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