Shipbuilding News

 

US Waters Down China Ship Fee Plans, COSCO Remains Indignant

Apr 21, 2025

On April 17, the Trump administration shielded domestic exporters and vessel owners servicing the Great Lakes, the Caribbean and U.S. territories from port fees to be levied on China-built vessels.The Federal Register notice posted by the U.S. Trade Representative (USTR) was watered down from a February proposal for fees on China-built ship of up to $1.5 million per port call.Ocean shipping transports about 80% of global trade - from food and furniture to cement and coal…

ASRY Hosts First Innovation Forum with Lumofy

Jun 30, 2025

ASRY has held its first innovation forum in collaboration with Lumofy, an AI-powered talent management platform.  The event, titled ‘Unlocking Creative Potential’, was organised to promote a culture of innovation in the workplace, enhance employee capabilities…

All in the Family: The SunStone Maritime Group CEO Torch Passes to Carsten Lund

Jun 25, 2025

cut685bdfb8b3c6622a5fe1f2da_Lund Family1SunStone Maritime Group A/S takes next step in previously announced leadership transition.After 35 years as Chief Executive Officer, founder Niels-Erik Lund is retiring as CEO on June 30, 2025. Niels-Erik…

Maturing Dry Bulk Fleet Ill-Equipped for Future

Jun 17, 2025

The global dry bulk fleet is facing a sharp contraction in younger, more efficient tonnage, with the supply of vessels under 15 years of age projected to fall by 22% by 2028, according to new analysis shared by Oliver Kirkham, Senior Valuation Analyst at Veson Nautical…

Shipbuilding: ONE Singapore Joins the Fleet

Jun 17, 2025

Ocean Network Express (ONE) named the 13,900-TEU ONE Singapore, the sixth vessel in a series of 20 ammonia/methanol ready container vessels. The naming ceremony took place at the Hiroshima Shipyard of Imabari Shipbuilding Co. Ltd. in Japan, marking another milestone in ONE's fleet expansion program…

Charge It: ‘Electrification’ Momentum Mounts in Maritime

Jun 13, 2025

Siemens Energy has had its hands on a number of groundbreaking ship design and construction projects globally, projects that highlight the possibilities and the challenges inherent in being a technology pioneer. Ed Schwarz, Head of Marine Solutions Sales for Siemens Energy in the US and Canada…

Methanol-Ready RoRo South Enabler Delivered to Wallenius Sol

Jun 12, 2025

Wallenius Sol took delivery of the RoRo vessel South Enabler from the Visentini Shipyard.In February 2025, a new chapter began in European shipping as Wallenius Sol announced the acquisition of Mann Lines, significantly expanding the Swedish shipping line’s customer base and presence in key markets…

MPA and NYK Collaborate on Autonomous Ship Technology

Jun 05, 2025

The Maritime and Port Authority of Singapore (MPA), NYK and MTI Co., have conducted a joint workshop on port-to-port maritime autonomous surface ship (MASS) trials.The MASS trials are testing the interoperability of autonomous vessels with port-based systems…

Fortescue Green Pioneer: Proving Ground for Ammonia as Maritime Fuel

May 20, 2025

Fortescue’s Green Pioneer, billed as the world’s first ammonia dual-powered vessel, left Singapore in January of this year on voyage past the Cape of Good Hope en route initially to Southampton, both for Port State Control and to demonstrate…

Port of Antwerp-Bruges Launches Europe’s First Electric Tugboat

May 19, 2025

The Port of Antwerp-Bruges in Belgium has launched the Volta 1, Europe's first fully electric tugboat.The tugboat follows previous world firsts such as the Hydrotug (hydrogen-driven) and the Methatug (methanol-driven).The Volta 1 is a Reversed…

HD Hyundai and Maersk Cooperate on Decarbonization and Logistics

May 06, 2025

HD Hyundai and A.P. Moller - Maersk have signed an Memorandum of Understanding (MoU) to establish a collaboration on decarbonization solutions for vessels, while HD Hyundai plans to expand the use of Maersk’s integrated logistics services across its affiliates…

USTR Implements Port Fee Proposal

Apr 23, 2025

On April 17, 2025, the Office of the US Trade Representative (“USTR”) published a notice of action (the “USTR Notice”) implementing its port fee proposal, first announced on February 21, 2025. The rules differ substantially from the February proposal (summarized here)…

USTR: New Measures Target Chinese Maritime Sector

Apr 22, 2025

The Office of the United States Trade Representative (“USTR”) issued a detailed notice on April 17, 2025, regarding actions and proposed actions in response to China's alleged targeting of the maritime, logistics, and shipbuilding sectors for dominance…

Fincantieri, Accenture Launch JV for Cruise, Defense and Ports Digitalization

Apr 10, 2025

Fincantieri and Accenture have signed an agreement to establish Fincantieri Ingenium, a new joint venture created to accelerate digital transformation across the cruise, defense, and port infrastructure sectors. The company will be owned 70%…

Trump to Push Allies to Conform to Chinese Vessel Fee Plans

Apr 09, 2025

U.S. President Donald Trump signed an executive order on Wednesday aimed at reviving U.S. shipbuilding and reducing China's grip on the global shipping industry.Republican and Democratic U.S. lawmakers for years have warned about China's growing dominance on the seas and diminishing U…

Logistics News

Great Lakes Limestone Trade Up in June

Great Lakes Limestone Trade Up in June

Consilium Safety Group Appoints New Chairman of the Board

Consilium Safety Group Appoints New Chairman of the Board

AAL Shipping Unveils Sixth Heavy Lift Super B-Class Vessel

AAL Shipping Unveils Sixth Heavy Lift Super B-Class Vessel

MDL Leases Land for Peterhead Offshore Project Support Site

MDL Leases Land for Peterhead Offshore Project Support Site

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