ESL Shipping orders "fossil-free" bulker quartet Finnish dry bulk operator ESL Shipping , a subsidiary of Aspo plc, has placed an EUR 186 million (about $204 million) order with China Merchants Jinling Shipyard (Nanjing) Co, Ltd. for a
VIDEO: Ingalls Shipbuilding launches first LPD Flight II Huntington Ingalls Industries (NYSE:HII) reports that, on Oct.5, its Ingalls Shipbuilding division successfully launched the first LPD Flight II, San Antonio-class amphibious transport dock ship Harrisburg (LPD 30), marking one of the
BIMCO approves management agreement for autonomous vessels BIMCO's Documentary Committee has recently approved the AUTOSHIPMAN agreement to support the increasing number of remotely controlled vessels. The AUTOSHIPMAN deal establishes a standardized contractual framework, enabling third-party ship managers to provide operational services for remotely controlled and fully autonomous ships. Currently, these types of vessels are primarily employed in inland
Shipnet appoints two new directors Norway-based maritime technology company, Shipnet has strengthened its senior leadership team with the appointment of a new finance director and HR director. Paula Summers Paula Summers, who joins as HR Director, boasts over 15 years of experience within HR roles partnering with business leaders in the retail, manufacturing and nuclear energy sectors. This includes Ethel Austin, Glen Dimplex Cons
Maersk names its new dual-fuel methanol container ship On 9 October, A.P. Moller - Maersk named its latest dual-fuel methanol container vessel "Alexandra Maersk". UK's Maritime Minister Mike Kane, representatives of the International Maritime Organization (IMO), customers and Maersk employees joined the festive event at the Port of Felixstowe in the United Kingdom. Elaine Condon, Director of People & Culture at Primark, is the godmother of the ship,
East Java Multipurpose Terminal could operate as "weight lifter" for Indonesia The recent inauguration of the East Java Multipurpose Terminal (EJMT) marks a significant development in Indonesia's maritime infrastructure, particularly for the bustling region of East Java. 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 .
GMP Le Havre places major repeat order for Kalmar hybrid straddle carriers Swedish port equipment manufacturer Kalmar has signed a deal to supply Générale de Manutention Portuaire (GMP) in Le Havre, France with 26 hybrid straddle carriers. The order, which also includes MyKalmar INSIGHT performance management tool, was booked in Kalmar's Q3 2024 order intake with the straddle carriers scheduled to be delivered during the second and the third quarter of 2025. GMP has bee
The Most Common Causes of Container Damage and How to Prevent Them Container damage can be a very frustrating issue, no matter if you're managing inventory in your area, or shipping goods halfway across the world. There could be leaks and dents, and these can also cause financial losses and delay operations. When you understand the most common causes of container damage and how to prevent them, you gain an edge over your competitors by having an efficient busine
Hurricane Milton: Florida ports closed; navigation in South Carolina restricted The majority of Florida ports, including Tampa and Sarasota, were closed to all vessel traffic on 8 October in anticipation of Hurricane Milton, according to Reuters. Additionally, several South Carolina terminals, such as Charleston, began enforcing navigation restrictions. JAXPORT said in an advisory that inbound cargo traffic to its main gates will stop at 10 a.m. (local time) on 9 October, an
CMA CGM adjusts PSS from South America West Coast to USEC and US Gulf French container carrier CMA CGM has announced an adjustment of its Peak Season Surcharge (PSS) from the West Coast of South America to the US East Coast and the US Gulf. Effective from 4 November until 31 March, the surcharge will be US$525 per TEU and will apply to all cargo types. If you liked this post, please consider donating The post appeared first on Container News .
How data-driven digitalization is transforming the shipping industry In an era where data is likened to a new currency, the shipping industry is embracing the transformative power of digitalization, utilizing data analytics for route optimization and real-time tracking, ultimately leading to enhanced efficiency and sustainability. This content is locked Select a CN Premium Subscription Package To Unlock The Content! If you liked this post, please consider donating
Singapore becomes world's first port to implement digital bunkering Singapore will be the first port in the world to go fully digital for bunkering, jettisoning all paper bunker delivery notes. At a keynote speech during the biennial Singapore International Bunkering Conference and Exhibition on 9 October, Singapore's Senior Minister of State for Transport, Dr. Amy Khor said this will be effective from 1 April 2025, when all bunker suppliers in Singapore port mus
CEVA Logistics buys Turkish logistics operator CEVA Logistics has announced the acquisition of Horoz Bolloré Logistics, a joint venture formed in 2000 by Bolloré Logistics and Horoz Logistics. The newly-acquired logistics firm will subsequently be integrated into CEVA Logistics' existing operations in Turkey. "The full integration of Horoz Bolloré Logistics into CEVA Logistics allows us to significantly enhance our service offerings in Turkey
MSC strengthens Vietnam-China-North America service MSC has decided to enhance its Chinook service, adding a new call to Vietnam's port of Haiphong. The addition of the Haiphong call to the Chinook service will take effect in late October and is expected to offer an additional trade service to MSC's Transpacific network, directly connecting Vietnam with the Untied States and Canada. With this change, MSC will improve the service to North Vietnam e
Gebrüder Weiss expands its logistics facility in Georgia Global transport and logistics company Gebrüder Weiss has extended its logistics terminal in Tbilisi, Georgia, by some 13,000 m² aiming to further expand its capacities in the Caucasus region. "This expansion is our response to the rising demand for transport and logistics services in the region, which are growing largely due to the increase in trade between the European Union, Georgia, and its n
New container terminal opens in Indonesia East Java Multipurpose Terminal (EJMT), International Container Terminal Service, Inc.'s (ICTSI) operation in Lamongan Regency, Indonesia, officially opened for business on 2 October. Construction of EJMT began in March 2023, and within 18 months, the terminal was fully equipped to serve diverse trade needs. With a 300-meter quay line, deep water draft of 13.5 meters (LAT), a 500-meter swinging b
Former BaltNav boss Michael Bonderup to head up Union Bulk Danish bulker operator Union Bulk has appointed Michael Bonderup as the company's new chief executive. The former head of fellow handysize bulker operator BaltNav will take the helm on November 4, replacing Jens Boesen who will step down from the role he has held since the company was founded in March 2019. Boesen will continue ...
Dayang awarded contracts for six accommodation vessels Malaysia's Dayang Enterprise has secured contracts from Petronas Carigali for six accommodation workboat vessels. In a filing with Bursa Malaysia, Dayang said the value of the contracts will be based on the work orders issued by Petronas Carigali throughout the duration of the contracts which vary from 61 to 153 days. The deals cover the ...
Bunker One gets into physical LNG supply Danish fuel giant and one of the largest marine fuel suppliers, Bunker Holding, is expanding its portfolio by adding physical LNG and liquefied biomethane to Bunker One's offering. Bunker One is set to launch LNG bunker supply in northwest Europe as of January 2025. The newly established entity Bunker One LNG will manage the physical ...
Cyan Renewables teams with Blue Water Shipping on Asia Pacific offshore wind logistics Singapore-based offshore wind vessels player Cyan Renewables has partnered up with the Singapore unit of Danish logistics group Blue Water Shipping to provide logistics solutions for the offshore wind sector in Asia Pacific. A memorandum of understanding between the two companies includes a wide range of logistical services and infrastructure to facilitate the transportation of ...
Japanese take full control of Gearbulk Norwegian open hatch specialist Gearbulk is now 100% controlled by Japanese interests. Following June's news that Mitsui OSK Lines (MOL) bought a 72% take in Gearbulk Holding, another major Japanese corporate, Marubeni Corpororation, has just come in to take the remaining 28% stake from Kristian Jebsen and his family. "I am pleased that Marubeni has ...
CMB ordered to increase Euronav shareholder payout The Saverys family's Compagnie Maritime Belge (CMB) has been ordered to make an additional payment to former shareholders of Euronav and to reopen and improve the offer for the remaining shares of the Belgian tanker giant. Earlier this year a court in Belgium ruled that CMB miscalculated its Euronav bid price and placed the decision ...
Milaha scores $217m charter for first Qatari jackup barge Qatar's Milaha has signed a ten-year contract with the North Oil Company (NOC) for the Milaha Al Shaheen, the country's first jackup barge. According to Milaha, the long-term contract with NOC is worth around QAR 792m ($217.5m) and shows the strategic importance of leveraging local assets. The vessel is a self-elevating, self-propelled jackup barge featuring ...
44% of record global liner orderbook is replacement tonnage Today's containership orderbook is the largest it has ever been in terms of teu capacity. Helping put some perspective to the newbuild avalanche, analysts at Alphaliner have identified just how much of the ships on order are needed as fleet replacement with Maersk notably behind its peers when it comes to rejuvenating its ageing fleet. ...
ESL Shipping inks order for methanol-fuelled bulkers ESL Shipping is bolstering its fleet with a series of four fossil-free handysize bulker newbuilds. The company, part of Finnish conglomerate Aspo, will invest about €186m ($204m) in the quartet but said it has options to boost the orderbook with "several ships". The new 150-m-long, 17,000 dwt vessels will be built in Nanjing, China at ...
Amoysailing orders bulker quartet Amoysailing Maritime from Xiamen in China is expanding its fleet with four ultramax bulk carrier newbuilds booked at a domestic yard. Brokers tell Splash the company has commissioned the 64,000 dwt quartet at Jiangsu Haitong Offshore Engineering Equipment - a privately owned yard that has seen a number of bulker orders coming in this year. ...
Montreal dockworkers increase pressure on employers Quaysides across North America's east coast have been simmering with protests all year. While this hit a crescendo last week with a three-day strike across America's east and Gulf coasts, north of the border the industrial impasse continues. Dockworkers at Montreal, Canada's largest eastern port, had a three-day strike last week too, and have announced ...
TotalEnergies hires Shearwater for OBN survey in Angola Norwegian offshore seismic vessel player Shearwater GeoServices will conduct an OBN project for French energy major TotalEnergies in Angola. The deepwater OBN survey will be conducted by the dual ROV-equipped SW Tasman, a seismic node laying vessel converted in 2023, and the 2011-built SW Gallien as the source vessel. The survey will begin in January ...
Global floating wind pipeline swells to 266GW The global pipeline of floating offshore wind projects has hit 266GW, an increase of 9% over the past year, according to a new report by RenewableUK. The number of projects has increased globally during that time from 285 to 316. The pipeline includes projects at any stage: fully operational, under construction, approved, in the planning ...
Ningbo Marine lines up ultramax newbuilds Chinese owner Ningbo Marine has revealed expansion plans in the dry bulk segment, with eyes set on four ultramax newbuilds worth up to $165m. The company said it would order two firm 64,000 dwt vessels and book two optional units, with first delivery expected in the second half of 2027. The newbuilds will mainly provide ...
LNG roars back as leading alternative fuel LNG as shipping's preeminent alternative fuel continues to make waves, both in terms of newbuild contracts as well as from its fierce opponents. Lobby group SEA-LNG has announced this week that active LNG-fuelled vessels now account for more than 2% of the global shipping fleet. Once the orderbook is taken into account, this number increases ...
Acteon to work on floating wind projects in Japan UK-based marine contractor Acteon has signed a memorandum of understanding (MoU) with Taisei Corporation for cooperation on floating wind project development in Japan. For Taisei's floating offshore wind projects in Japan, Acteon will provide services throughout the lifecycle of the project, from seabed characterisation, detailed engineering, foundation and mooring solutions to offshore installat
Singapore to make digital bunkering mandatory from next April The world's largest bunkering event, SIBCON, is underway in Singapore, the dominant global bunkering hub, with delegates getting an idea of how this part of the shipping business is about to get the digital treatment. Singapore will be the first port globally to implement digital bunkering at scale for all bunkering operations, the country's senior ...
NYK speeds up green transition with launch of its own test engine facility Japanese shipping giant Nippon Yusen Kaisha (NYK) is speeding up its green transition, having started up this month a new test engine facility to evaluate the safety of new fuels. Shortening this period and reducing the cost of testing have been key to meeting the increasing demand for new fuels, such as biofuels, and satisfying ...
Marad taps ABS to help decarbonise US shipping The US Maritime Administration has selected ABS to establish and maintain the US Center for Maritime Innovation. The centre is...
FMC sounds the alarm on retaliation by carriers and terminal operators The Federal Maritime Commission has released a statement in light of current 'supply chain challenges', emphasising that retaliatory behaviour is...
Container lines poised to post highest quarterly profits since pandemic Listed liner companies are set to report their best quarterly results in two years, courtesy of the ongoing Red Sea...
Daily Briefing China and India snub EU and UK sanctions as record volumes of Russia oil shipped on 'dark' or designated tankers...
Hull underwriting profits 'too good' right now, top broker contends Brokers still play vital role despite rise of disintermediation, insists Louise Nevill
Bunker Holding to start LNG supply in January The world's biggest bunker trader's physical supply arm, Bunker One, will begin to provide LNG and bio-LNG in northwestern Europe...
Russia's attacks will not slow Ukraine's maritime trade 'The current prices are why it doesn't make sense right now to trade with Ukraine, and while the latest attacks...
China and India snub EU and UK sanctions as record volumes of Russia oil shipped on 'dark' or designated tankers Sanctioned Sovcomflot tankers reflag, redomicile registered ownership and move shipmanagement to newly incorporated companies in the UAE as intensifying enforcement...
Belgian regulator orders Saverys family's CMB to pay $36m The Belgian financial regulator has order Euronav to pay shareholders who tendered shares during the mandatory takeover bid in March...
Singapore to make e-BDNs mandatory by April 2025 The move will make Singapore the first port in the world to put digital bunkering into effect at scale in...
Finland's ESL Shipping orders methanol-fuelled dry cargo carriers in China Advanced series of 17,000 dwt ships will be constructed by China Merchants Jinling Shipyard Nanjing with delivery due in 2027...
Salvors put out fires on board Houthi-hit Sounion It has been 49 days since the Houthis attacked the Delta Tankers suezmax Sounion, but salvors have finally extinguished the...
More boxship newbuilding orders needed to keep pace with demand growth The top 10 containership operators still operate some 680 vessels aged 20 years or older, representing a capacity of 2.6m teu...
Insufficient demand creation to limit clean hydrogen growth until 2030, IEA says International Energy Agency says hydrogen is a negligible driver for renewable energy capacity growth, but suggests the 2030 target of...
More than 2% of world's fleet is now LNG-fuelled LNG has been seen as a transitional fuel for the shipping industry in its efforts to decarbonise, emitting significantly less...
Ningbo Marine to order up to four ultramax newbuilds Chinese dry bulk operator NBMC has allocated $170m for a 2+2 ultramax order, with deliveries expected to start in the...
Shipping worried by 'unprecedented' rise in protectionism Malta Maritime Summit kicks off with warnings about geopolitical disruption and drags on industry's decarbonisation efforts
Greek shipping legend Athina Martinou receives Malta maritime prize The biennial Malta Maritime Summit has honoured Athina Martinou, the founder of Thenamaris, for her contribution to Maltese merchant shipping
MSC puts ports at centre of network strategy As supply chains become more diversified, direct port calls allow more agility, says Søren Toft. Owning stakes in ports helps...
Strong freight rates drive higher Q3 revenue for Taiwan's 'Big Three' carriers Rates were driven by an early peak season as shippers consigned cargo ahead of the longshore strike along the US East and Gulf coasts last week and a capacity crunch as vessels continued to divert around southern Africa.
Brief ILA strike alters once-placid labor landscape on East, Gulf coasts If ports operated by ILA labor were for decades a dependable alternative to those reliant on the ILA's perpetually disruptive West Coast counterpart, the ILWU, that assumption no longer holds true, writes Peter Tirschwell.
'Fuel agnostic' Spliethoff invests in MPV fleet expansion A 10-ship order and the acquisition of MPV carrier ForestWave will increase Spliethoff's fleet to 155 ships by 2029.
Decentralized sourcing plays into MSC's point-to-point plans: CEO MSC's departure from the 2M Alliance gives the world's biggest shipping line the chance to be more operationally flexible to cater to changing supply chain demands, Soren Toft told the International Association of Ports and Harbors' conference in Hamburg.
IAPH-led report tackles thorny data quality issue on port call optimization Eight ports that are working toward "just-in-time" port calls provided their experiences of improving quality around vessel-terminal data sharing.
Portuguese-managed container ship damaged in deadly Russian attack on Odesa port A third commercial ship becomes a casualty in a Ukainian port since Sunday
Troim companies tweet potential for 'disappointing' quarter as capesize rates and futures fall Large bulker spot rates reach lowest level in just over six weeks
US hires ABS to set up clean energy innovation centre for shipping Classification society wins $2m deal to run centre for five years
Cold winter for seaborne coal ahead as Chinese and Indian appetite cool off Analysts expect weaker demand from two major importers in the coming months, with loadings already affected
Former Eagle Bulk man Costa Tsoutsoplides confirms new post with Connecticut shipowner Executive on the move to a private outfit that has made consolidation news lately
Container freight rates nosedive on major east-west trades as US port strikes unwind Lines suspend surcharges and brace for a slacker market that should send rates lower
DNV gives nod for shipborne kit that separates hydrogen from carrier liquid Approval in principle for liquid organic hydrogen carrier release unit
Shell and Aramco-backed Daphne Technology spins off its sulphur and carbon abatement technologies arm Methane abatement solutions remain in parent group while carbon and sulphur solutions moved to separate unit
Maersk and Tor-Olav Troim's Himalaya at opposite ends as Clarksons' latest credit rankings Investment banking arm says listed shipowners still performing strongly, with tankers and bulkers looking particularly well set
Ex-BaltNav head Michael Bonderup emerges as new Union Bulk CEO New hire follows abrupt exit of Union Bulk partner earlier this year
North Star and Vard working on next generation of newbuildings for floating wind Owner and yard working with tech companies to test a new service operation vessel concept
Eye of the storm: Can shipping cope with a more tempestuous planet? Vessels, ports and cargo owners need to adapt to heightened weather events
MSC wary of Trump White House and blasts handling of 'bizarre' US port strike standoff Bud Darr claims US election is 'too close to call'
Bahri's $1.6bn buying binge extends to two of IMC's newest product tankers Reported deal brings the number of vessels the Saudi shipping giant has bought this year to 17
Joakim Hannisdahl's Gersemi fund rides shipping volatility to record high Norwegian investor piled into shipping stocks during September before pulling back
Russian tactical shift in Black Sea is a worrying evolution in shipping's theatres of conflict Attacks on vessels in Ukraine's ports signal a new front in the war against shipping
Union Maritime and Greek bank owner Aristotelis Mistakidis join forces with new shipowning venture UK shipowner's Tankers Holdco venture involves shareholders brought in for its 2021 bulker expansion
Maersk green guru Morten Bo Christiansen: 'I'd hate to be seen as endorsing LNG' Danish liner giant's LNG-fuelled ship orders more of a portfolio move with a wider mix of green fuels and certainly 'not a pivot'
Singapore's MPA partners UK university to boost green and digital shipping Collaboration aims to make way for a sustainable and secure future
Maersk and Hapag-Lloyd to stay away from Houthi-threatened Red Sea in 2025 Gemini partners unveil network that opts for longer Cape of Good Hope route
Unmasking the silent seven: Which owners still fail to publicly disclose emissions? One company listed in the US for more than 25 years shows up on the Webber list of laggards
South Korea's DH Shipbuilding eyes public listing on the Korea Stock Exchange Yard has an order backlog of around 30 tankers worth $2.6bn
Greek bulker player George Chatzis keeps expanding with Japanese kamsarmax buy Low-profile owner has added four bulkers to his managed fleet in 10 months
Ningbo Marine plots $166m order for four ultramax bulkers Shanghai-listed owner lining up deal at domestic shipyard
Greek owner DryDel clear-out of older tonnage rolls on amid newbuildings drive Costas Delaportas-led outfit focuses on spate of Japanese newbuildings it has slated for delivery
Lightship hires 10 brokers from rivals to restart Genoa office after two-year gap CEO Sune Fladberg says new recruits are expected to be followed by further additions before the end of 2024
Tweaks to oil production forecasts boosting VLCC outlook Boost from cheaper oil looms as market looks headed for oversupply
KCC beats rate guidance as tanker spot earnings higher than expected Norwegian combination carrier player cannot match record levels seen in second quarter
Saverys family forced to reopen Euronav bid as regulator steps into shareholder battle Decision by Belgian watchdog comes after court battle fought against Frontline and CMB.Tech deals by rebel shareholder
UK's Grain LNG terminal claims world first with MiQ emissions certification Verification experts say first certified LNG cargo from US to Europe expected before year-end
ESL Shipping splashes $204m on new methanol-fuelled handysize bulkers Finnish owner's ice-class ships will be built at China Merchants Jinling
'Risk-off mode': Iran sends tankers back to major export terminal as Israeli attack fears fade Satellite imagery shows two VLCCs and an aframax loading oil at Kharg Island
Bunker One dives into LNG with supply and first chartered vessel Former Hapag-Lloyd green fuels director Michael Behmerburg to head new LNG-focused entity
UK Chamber chief: £700m decarbonisation investment plea 'a drop in the ocean' CEO Rhett Hatcher warns that the longer it takes to invest, the more it will cost
CMB ordered to pay extra $36m to Euronav shareholders and re-open mandatory bid to remaining investors Decision by Belgian watchdog comes after court battle fought against Frontline and CMB.Tech deals by rebel shareholder
Cosco financial arm moves forward with $1.13bn corporate bond issue Proceeds will partly be used to finance giant haul of newbuildings
Dark fleet rises: How shadow ships serving Russia, Iran and Venezuela are adding cost and stress to ship managers V.Group has seen vessel numbers decline, while BSM bemoans the manpower involved in staying on top of sanctions
Singapore's MPA partners with UK college to boost green and digital shipping Collaboration aims to make way for a sustainable and secure future for global shipping
Bahri's $1.6bn buying binge extends to two of IMC's newest product tankers Reported deal brings the number of ships the Saudi shipping giant has bought this year to 17
South Korea's DH Shipbuilding eyes public listing on the KSE The shipbuilder has built up an order backlog of around 30 tanker newbuildings worth $2.6bn
'Some carriers simply need new tonnage': These liner companies have the most old ships to replace Maersk has not ordered enough ships to replace veteran tonnage, while MSC has the biggest stack of older vessels
Big hitters forecast further consolidation in fragmented ship management market Leading CEOs tell TradeWinds they expect more merger deals to be done, with targets both big and small up for grabs
Amazon airline sells excess cargo capacity to third-party shippers Amazon's cargo airline is welcoming shipments from logistics companies and other businesses as it tries to better utilize a private fleet originally dedicated to supporting its own e-commerce sales.
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