Port strike begins as ILA rejects last minute USMX offer As has seemed increasingly likely, the International Longshoremen's Association (ILA) went on strike at 12:01 a.m. , today, Tuesday, October 1, rejecting a last minute offer from the employers' organization, USMX, and
Bollinger Mississippi gets $69.6M Navy APL contract Bollinger Mississippi Shipbuilding LLC, Pascagoula, Miss. has been awarded a $69,607,000 firm fixed-price modification to previously-awarded contract (N00024-18-C-2230) for detail design and construction of an Auxiliary Personnel Lighter - Small. (APL) Class
California Governor signs legislation to accelerate Pier Wind project at Port of Long Beach California Governor Gavin Newsom signed Assembly Bill 2235, which allows the Port of Long Beach to expedite the design and construction of Pier Wind-a proposed 400-acre terminal aimed at facilitating the assembly and deployment of floating offshore wind turbines. Authored by Assembly member Josh Lowenthal, AB 2235 is designed to lower costs and speed up the timeline for the Pier Wind project, whi
Global fleet on growth trajectory; external factors contribute to volatility Over these four years, the container ship fleet has seen phases of contraction, rapid expansion, and moderate growth, reflecting the dynamic nature of global trade and regulatory environments. The expansion in shipbuilding and fleet size was directly tied to the increasing demand for containerized transport, demonstrating the sector's resilience and its critical role in global logistics and suppl
Scaremongering port workers' union issues misleading claim of US$30,000 rates as USEC strike begins The International Longshoremen's Association (ILA) has today (10 October) gone ahead with strike action at US ports from Maine to Texas and accused ocean container carriers of 'gouging customers'. The ILA confirmed the strike in an announcement yesterday, Monday, while at the same time claiming ocean container carriers are now charging US$30,000 per container in a 'whopping increase from US$6,000
IAPH introduces new GHG performance indicator This week, the eighty-second meeting of the Marine Environment Protection Committee (MEPC82) is evaluating the effectiveness of the International Maritime Organization's (IMO) Carbon Intensity Indicator (CII) in assessing greenhouse gas (GHG) performance across different ship types. The International Association of Ports and Harbors (IAPH) has recognized the CII as beneficial but notes industry c
ABP appoints new Head of Group Financial Planning and Analysis Associated British Ports (ABP), the UK's largest and most well-connected port operator, announced the appointment of Bianca Simeone as its new Head of Group Financial Planning and Analysis. During her time at ABP, Simeone has been instrumental in supporting the senior management team by providing key insights that drive strategic business and financial decisions. She has also played a significant
Oakland secures US$2.5 million federal grant to accelerate hydrogen fuel adoption The U.S. Department of Energy (DOE) has awarded a US$2.5 million grant to advance fuel cell technology at the Port of Oakland, as part of the Biden-Harris Administration's Bipartisan Infrastructure Law. With a total project cost exceeding US$7 million, this initiative marks a significant effort in the Californian port's broader push to achieve zero-emission maritime operations. Key local stakehol
Red Sea and Black Sea in the Spotlight Global supply chains are increasingly vulnerable to geopolitical events, prompting companies to rethink and restructure their operational frameworks and supply chain strategies to enhance resilience against such disruptions... This content is locked Select a CN Premium Subscription Package To Unlock The Content! If you liked this post, please consider donating The post appeared first on Container
Porto Itapoá expands reefer capacity amid rising animal protein exports Porto Itapoá is set to install more than 1,800 power outlets for refrigerated containers over the next six months, with 540 outlets expected to be operational by December. This expansion will complement the existing 2,958 outlets, bringing the total to 4,038, making it the largest number of outlets in Santa Catarina and the second-largest in Brazil. A significant portion of the refrigerated cargo
USEC strike begins with predictions of chaos As the dockers on the US East Coast start their industrial action, there are conflicting reports on the effects on supply chains caused by the work stoppage, ranging from higher rates to widespread backlogs and congestion. Hong Kong consultancy Linerlytica has warned that the shipping lines have not done enough to mitigate the potential for chaos and claims that the strike has thrown the containe
Container ship fleet now at 30 million TEUs Fuelled by the newbuilding boom during the Covid-19-induced peak, the world container ship fleet reached 30 million TEUs in September, according to a report by shipbroking firm Clarksons. Clarkson Research director Trevor Crowe noted that the boxship fleet has grown faster in recent years, compared to the early years of container shipping in the 1950s. It was not until 1985 that the container shi
Arkas invests US$360 million in six eco-design container vessels Arkas is set to expand its fleet with a US$360 million investment in six new-generation eco-design container vessels, bringing its total number of boxships to 55 and increasing its TEU capacity to 112,230. This expansion is supported by a long-term loan agreement secured with CIMC Financial Leasing, allowing Arkas to both modernize and grow its fleet. The vessels, slated for delivery in 2028, are
Successful pilot of mobile shore power for sea-going vessels in Rotterdam In recent months, a pilot project featuring moveable battery containers with shore power was conducted at the Steinweg Beatrix Terminal at the port of Rotterdam, successfully connecting vessels from the Cargow shipping company. This pilot builds on a previous experiment held at Parkkade in late 2019 and early 2020, but this time involved vessels with higher energy demands. Unlike the earlier test
JNPA struggles in 2024 amid geopolitical challenges Jawaharlal Nehru Port Authority's (JNPA's) strong performance in 2023 gave way to mounting challenges in 2024, as the governmental authorities try to regain its pivotal role in India's maritime trade. This content is locked Select a CN Premium Subscription Package To Unlock The Content! If you liked this post, please consider donating The post appeared first on Container News .
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Azizi Developments to invest US$272 million in KEZAD facilities Khalifa Economic Zones Abu Dhabi (KEZAD) Group, the largest operator of integrated and purpose-built economic zones, and UAE-based Azizi Developments have signed a 50-year land lease agreement. This agreement facilitates the establishment of 12 cutting-edge factories in KEZAD A (KEZAD Al Ma'mourah) to address the growing demands of the regional housing sector. Azizi Developments will invest US$27
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ICTSI's Manila International Container Terminal receives first LNG-powered boxship The flagship terminal of International Container Terminal Services, Inc. (ICTSI), Manila International Container Terminal (MICT) received the inaugural call of CMA CGM Passion, the first liquefied natural gas (LNG)-powered container vessel to dock at the terminal. The 7,327 TEU boxship, which docked at the terminal on 26 September, has been deployed on CNC's KCS service rotation, offering direct
How to Improve Driver Performance in Fleet Management Operations Did you know nearly 20% of fleet-related accidents are linked to poor driver performance? When your drivers perform well, your business runs more smoothly. On the flip side, it hits your bottom line hard when drivers make mistakes. Accidents, delayed shipments, and higher fuel bills are just a few of the headaches that poor driver performance can cause. If you're involved in fleet management oper
Philadelphia's PSA Penn Terminals receives Liebherr container crane PSA Penn Terminals in Philadelphia has received a third Liebherr ship to shore (STS) crane, expanding its fleet of Liebherr equipment. "This delivery highlights Liebherr Container Cranes' position as a trusted partner for US container ports. Manufactured in Ireland and supported by our experienced US-based team, our cranes provide secure, dependable, and high-efficiency solutions for ports across
Kalmar, Super Terminais agree on second equipment order for Manaus box terminal Kalmar has signed an agreement with Super Terminais Comércio e Indústria LTDA (Super Terminais) for new equipment and services for its Manaus terminal in northern Brazil. The order comprises six Kalmar Gloria reachstackers and two Kalmar empty container handlers. All machines will have the Kalmar Insight performance management tool integrated. The order was booked in Kalmar's Q3 2024 order intake
MISC confirms LNG carrier orders in South Korea Malaysia's top shipping line, MISC, has firmed up orders for two LNG carriers in South Korea. Splash reported in July that MISC had secured newbuilding slots at Samsung Heavy Industries for a brace of 174,000 cu m units in a deal estimated at over $500m. The shipping group announced to Bursa Malaysia the new vessels ...
Eversource Energy formally exits offshore wind sector Utility company Eversource Energy has formally exited the offshore wind sector by wrapping up the sale of its 50% interest in the 132MW South Fork Wind and the 704MW Revolution Wind projects to Global Infrastructure Partners (GIP). The expected purchase price was expected to be in the region of $1.12bn but the actual adjusted gross ...
Avenir to become Oslo-listed LNG bunker vessel pure-play Avenir LNG has set sights on listing on Euronext Growth Oslo and becoming a pure play small-scale LNG shipping and trading player. As part of its "strategic refocus", the London-based outfit is proposing to divest its ownership of the HIGAS LNG storage terminal in Sardinia to three of its existing shareholders. The company was set ...
GEOS clinches new deals and takes two vessels under management Norway's Golden Energy Offshore Services (GEOS) has won contracts for two of its vessels and agreed to take two more vessels under management. A new deal was awarded to the 2019-built Energy Duchess multi-purpose support vessel (MPSV). The contract for the vessel will start this week and the vessel will head out to the North Sea. ...
Houthis strike back following Israel's port bombings over the weekend Two ships have been targeted by the Houthis today, the first confirmed strikes on merchant shipping in the Red Sea since the start of September. The Panama-flagged tanker Cordelia Moon suezmax became the first ship to be targeted by the Houthis in 29 days early this morning. An uncrewed surface vessel (USV) slammed into the ...
MET Group links up with Celsius on LNG newbuild Energy trader MET Group has struck a joint venture deal with Danish owner Celsius Shipping for its first LNG carrier newbuild. The Swiss-based company said the vessel, scheduled for delivery by China Merchants Heavy Industry in 2027, would bolster its ability to supply LNG from various sources, including the recently signed agreement with Shell to ...
Panama flag acts tough in wake of OFAC sanctions The Panama Maritime Authority (PMA) has vowed to cancel the registration of any vessel found to be involved in illegal activities or that changes its flag to evade sanctions. This clarification comes in response to the recent inclusion of seven Panamanian-flagged vessels on the US's Office of Foreign Assets Control (OFAC) list. The monitoring and ...
New Aegean hub emerges for ship-to-ship transfers of Russian oil The Greek navy's bid to stop ship-to-ship (STS) transfers of Russian oil off Kalamata has worked, albeit in the constant game of tanker whack-a-mole some of these operations have merely transferred some 300 km east towards the island of Chios. Israeli data firm Windward has detected a new STS hub in the Aegean Sea in ...
Cadeler firms up offshore wind turbine installation deal in Poland Copenhagen-headquartered offshore wind installation player Cadeler has signed firm contracts with Equinor and Polenergia for work on the Baltyk 2 and Baltyk 3 offshore wind farms. The Baltyk 2 and Baltyk 3 offshore wind farms will be located in the Baltic Sea, some 22 km and 37 km from the port of Leba in Poland. The ...
Kpler co-founders make way for new CEO Kpler, one of the biggest maritime data providers, has announced a leadership succession with co-founders François Cazor and Jean Maynier deciding to promote Mark Cunningham to the role of CEO. Cunningham joined Kpler in 2021 from Wood Mackenzie and has has had a variety of roles including CFO and COO. Cazor and Maynier will now ...
Leadership change at Shell Marine Shell Marine has promoted Houda Dabboussi (pictured left) to take over from Melissa Williams (pictured right) as president, effective today. Dabboussi has been with Shell since 2014 and joins from her current role as global head of acquisition, divestments and new business development for renewable energy solutions. "Houda's track record in integrated gas and commercial ...
Hyundai Heavy moves to acquire local block manufacturer As it faces an extraordinarily long orderbook, South Korea's HD Hyundai Heavy Industries has moved to acquire a local block manufacturer to speed up vessel construction. South Korea's largest shipbuilder will buy Lee Young Industrial Machinery, a company that specialises in the fabrication of curved blocks. To construct a 250 m long liquefied natural gas ...
Strike commences across US eastern seaboard Around 45,000 dockworkers at 36 ports stretching from Maine to Texas across America's eastern seaboard went on strike at midnight in the largest terminal industrial action seen anywhere in the world this century. The decision to down tools came despite a last ditch offer from employers for a near 50% pay increase, with the White ...
How to tackle harassment onboard Pierre Aury has some suggestions to make life at sea fairer. Whenever shipping is mentioned, outside shipping circles, it is always with the same clichés along the lines of shipping is the blood of the global economy or shipping carries over 90% of global trade volumes with the seaborne trade standing at around 11bn tons ...
Biden backs dockworkers union as the containership queues build The Biden administration will not intervene and put a quick halt to the strike at US east and Gulf coast...
Hezbollah financier linked with Iran-trading tanker fleet assassinated in airstrike, IDF says Israel said it has assassinated a prominent Hezbollah operative that facilitated oil sales on behalf of Hezbollah and the IRGC-Qods...
Daily Briefing ILA goes on strike and spreads fake news on $30K shipping rates | Dark fleet tanker hit and taking on...
Latsco and MAN sign co-operation agreement Latsco sees benefits of being 'at forefront' of digital innovation, while MAN stands to derive 'invaluable intelligence' from diverse modern...
Piraeus port posts record first half despite Houthi-hit box traffic Revenues boosted by big year for port's car terminal
Panama announces crackdown on 'illicit activity' and flag-hopping ships Panama has deflagged dozens of tankers and gas carriers linked to sanctioned trades since January following pressure from US lawmakers...
MEPC82: WSC hopes Green Balance Mechanism will live on 'in some form' World Shipping Council chief executive Joe Kramek said shipping industry is being heard in GHG talks; attention on Red Sea...
Iron ore prices continue to surge as market reacts to Beijing stimulus Last week's measures to kick-start the Chinese real estate market announced by China's government and central bank have prompted a...
IMO levy debate heats up as Brazil warns of negative impacts Brazil warned IMO member states of a levy's potential negative impact on developing countries' and food security, while the Netherlands...
Indian recyclers pick up old handysize bulkers as pricing firms India is the main recipient of recycling candidates due to firming local steel prices, more workable letters of credit and...
Houda Dabboussi takes over as Shell Marine president Incoming president Dabboussi has been at Shell since 2014 and leaves her role as global head of acquisition, divestments and...
Tanker newbuilding orders tumble in 3Q High newbuilding prices and low availability of shipbuilding berths were attributed to a big reduction in orders for tankers in...
Ocean congestion driving shippers to costly air freight Supply chain woes in the ocean segment see shippers reach to the reliable skies
Shipping must 'connect the money' to speed up decarbonisation efforts, says Wärtsilä president Finnish engine manufacturer Wärtsilä is being much more transparent with its future engine designs to prompt shipowners to prepare for...
Houthis resume shipping attacks amid concerns over Russian missile support Houthis ended a month-long lull in attacks by targeting what they erroneously describe as a 'British oil ship'. The haphazard...
ILA goes on strike and spreads fake news on $30K shipping rates Dockworkers at US east and Gulf coast ports are manning the picket lines. The fight has gotten ugly fast. The...
Montreal port users not expecting quick intervention if strikes continue A nationwide rail strike this year in Canada and the shutdown on British Columbia ports in 2023 give Montreal stakeholders little confidence that the Trudeau government will act swiftly to end more and wider strikes at the Port of Montreal if port workers pursue more.
Slow growth predicted for US economy, freight demand in 2025: Inland24 The US economy will grow in 2025, but not by leaps and bounds, with consumer spending forecast to drop while freight rates rise, according to speakers at the Journal of Commerce Inland Distribution Conference 2024 (Inland24).
Hurricane Helene to tighten truckload capacity beyond US Southeast Recovery efforts are barely under way after a deadly and destructive storm ripped through several southern states, but reconstruction will draw on truckload supply nationwide.
ILA's Daggett promises dockworkers 'great contract' as strike begins The International Longshoremen's Association (ILA) rejected a last-minute offer from maritime employers that included higher wages and retirement contributions, as the first strike by East and Gulf coast port workers since 1977 got underway.
Escalation: Houthis tie latest ship attacks to Lebanese invasion as Iran attacks Israel Yemen-based militant group rhetoric shifts to voice support for Hezbollah
Tanker stocks stage afternoon rally following Iran missile barrage on Israel Broader market indices down following attack but regain some losses as damage appears limited
Biden calls on US Maritime Alliance to hike wages as Trump blames president for strike President's pro-union stance shines through as predecessor also expresses sympathy for dockworkers
Small impact on US Gulf Coast breakbulk trade expected during port strikes Steel and breakbulk trade flows could also be subject to International Longshoremen's Association strike
NYK Bulk scores court orders to seize Delta Corp assets over unpaid charter hire allegations Lawsuit filed in Delaware as parties wage arbitration fight in London
Harland & Wolff officially enters administration with Royal Fleet Auxiliary works at risk of moving to Spain Non-trading holdings company is insolvent but key subsidiaries continue to trade
'Devastating consequences': Joe Biden under pressure to use strike-busting power to end port standoff Call from trade groups to invoke legal authority after Biden says, 'I don't believe in Taft-Hartley'
Plot thickens: Poten parent BCG Group closing in on takeover of Oil Brokerage owner Owner's bigger appetite described as talks take on a larger context
Scorpio Tankers confirms $73.5m windfall on sale of product carrier Monaco-based product tanker giant has been selling at NAV and buying shares at steep discount
Gunvor boss Torbjorn Tornqvist confident oil will still flow amid Middle East tensions Trading giant's founder says market more concerned about lack of growth in demand as Israel's campaign ramps up
Kid in a candy store: Bjorn Stignor back in Sweden with Furetank New CEO reveals the lure of tanker owner's commitment to new technology
Bulls are back in container shipping as the largest US port strike this century grips market Why are spot rates and container shipping equities heading in different directions?
'I'll cripple you': Union chief chases slice of pandemic shipping windfall with US port 'lockdown' Union makes case as impact assessment of the biggest walkout at US ports since the 1970s unfolds
Stolt-Nielsen profit tipped to keep rising as product tankers stay away from chemical trades Fearnley Securities estimates consecutive quarterly rate rises for chemical tanker player in third and fourth quarters
New bulker valuation platform aims to help shipowners pin down best S&P investments Dry bulk consultants Liengaard & Roschmann launched the platform on Tuesday
Saevik family keeps control of Havila Shipping as banks convert chunk of debt Norwegian owner carrying out equity swap of restructured financing
'Zombie' VLCC identified as mysterious former Angelicoussis tanker that grounded in 2022 Stellar Oracle last showed up on AIS 50 days ago, and could now be masquerading as ship scrapped in 2021
Can Canada's largest eastern port pick up the slack? Not while its workers are on strike too Three-day strike impacts terminals utilised by MSC
Typhoon hampers evacuation of seafarers from flooded panamax bulker off Taiwan Authorities say six of 19 crew members airlifted from the Blue Lagoon on Tuesday
Avenir LNG plots $50m Oslo listing as strategy pivot takes shape Joint venture ups its game by booking options for LNG bunker vessels with fresh growth capital in its sights
Hafnia swaps Bermuda for Singapore as courts make move official Move comes following New York listing and Sohmen-Pao shuffling
Private equity giant Oaktree puts fresh $121m slice of Torm shares up for sale US investor surrendered majority ownership of Danish tanker owner in May
Historic strike: US ports shut down as workers head for the picket lines after last minute pay offer fails Last ditch offer by employer group to boost wages by 50% fails to avert strike
Golden Energy Offshore signs deal with Clear Ocean Partners and Pelagic Partners for two more vessels GEOS takes multipurpose offshore vessels Energy Sphynx and Energy Savanah under management
Wuhan Innovation inks order for 16 new methanol-fuelled bulkers Owner says this is China's first order of coastal vessels running solely on lower-carbon bunkers
FSRU Toscana heads home to Italy after repair and extraordinary maintenance jobs Unit leaves Marseille under tow for offshore Livorno
BW-backed Cadeler inks deals with Equinor offshore joint venture First firm contract for joint venture
Three feared dead on burned-out BSC tanker after blast Authorities blame repair work for Banglar Jyoti catastrophe
Houthis resume attacks on shipping in Red Sea with two vessels targeted Sea drone punctures ballast tank of unidentified vessel east of the Houthi-controlled port of Hodeidah
Castor Maritime dips into huge cash reserve to buy modern kamsarmax bulker Cypriot owner acquires 2020-built vessel in latest secondhand market play
US ports shut down as workers head for the picket lines for historic strike action Last ditch offer by employer group to boost wages by 50% fails to avert strike
MOL breaks Japanese VLCC order drought with two LNG dual-fuel newbuildings in China Shipowner believed to be the only Japanese company to have ordered VLCC newbuildings in 2024
Excelerate Energy wheels in former US ambassador to Bangladesh Retiree Peter Haas to join regasification specialist as strategic adviser
UAE owner CPG buys tanker for bunkering operations in Mozambique Deal to supply vessels in Maputo extended with domestic port development company
Last minute ray of hope emerges in looming US port strike Employers group ups wage offer in last ditch attempt to avert port closures
Mexico's first export cargo heads out as New Fortress shipment finally leaves This time it is for real apparently but company is facing shareholder lawsuit
'Basic rights' fail to protect seafarers, lawyer Blair Adams warns. Here's why Hill Dickinson partner says 10-year-old convention is now standard in contracts but is just a 'starting point'
Gulf Coast ports report container volume surge in August Container flows in August surged in Houston and New Orleans, while global demand for crude oil continued to push exports through Corpus Christi, Texas.
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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