Latest News - page 31


Panama Canal Slots Going Unfilled

Jan 13, 2025

The average number of vessels that passed through the Panama Canal in December increased to 34.2 per day, according to a notice from its authority seen on Monday, but the waterway did not fill all the slots on offer, a sign that some ships continue taking alternative routes…

HII Christens Amphibious Vessel Harrisburg (LPD 30)

Jan 13, 2025

HII has christened San Antonio-class amphibious transport dock Harrisburg (LPD 30) at the company’s Ingalls Shipbuilding division.“Today is more than just a christening; it is a celebration of craftsmanship, commitment and the enduring purpose of the work we do every day at Ingalls…

Tanker hit by Houthis salvaged, Red Sea disaster averted

Jan 13, 2025

A risky operation to salvage an oil tanker attacked by Houthi militants in the Red Sea and avert what could have been one of the largest oil spills in recorded history has been completed, British maritime security company Ambrey and Greece have said…

Brig USA, Fluid Marine name Herndon President

Jan 13, 2025

Brig USA and Fluid Marine announced today that Carl Herndon was recently named company President.Herndon will lead Brig USA’s recreational Rigid Hull Inflatable Boat (RHIB) division as well as Fluid Marine’s Patrol, Search and Rescue (SAR) and Swift Water Rescue (SWR) boat sales and production…

Fairbanks Morse wins POs from Austal USA

Jan 13, 2025

Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (Arcline), has received POs from Austal USA to provide critical equipment for the U.S. Navy’s next-generation TAGOS-25 program.Through Fairbanks Morse Defense businesses American Fan…

Ostseestaal/Ampereship will build all-electric ferry

Jan 13, 2025

Stralsunder Ostseestaal GmbH & Co. KG has been commissioned by Hafenprojektgesellschaft Helgoland mbH with the development and construction of an all-electric ferry.The so-called dune ferry will connect the German North Sea island of Heligoland with the neighbouring island of Dune…

Höegh Autoliners Secures Low-Carbon Towage Service in Australia.

Jan 12, 2025

Svitzer and Höegh Autoliners have partnered to deliver Svitzer’s first EcoTow service in Australia.EcoTow is Svitzer’s proprietary carbon insetting solution, and it provided a near 100% reduction in CO2 emissions relating to the towage operations…

Australia Boosts Status of Western Australian Ports

Jan 12, 2025

The Australian government has provided First Port of Entry status to three ports in Western Australia’s north: Wyndham, Ashburton and Dampier.The status means that goods subject to biosecurity and other controls will be allowed to land and enter Australia from the ports…

New Sanctions Expected to Have Severe Consequences for Russia

Jan 12, 2025

Chinese and Indian refiners will source more oil from the Middle East, Africa and the Americas, boosting prices and freight costs, as new U.S. sanctions on Russian producers and ships curb supplies to Moscow's top customers, traders and analysts said…

Josephides named Director General, Cyprus Shipping Chamber

Jan 10, 2025

The Cyprus Shipping Chamber announced that its Board of Directors has unanimously decided to appoint its current Deputy Director General / Marine Manager, Alexandros Josephides, as the next Director General.Josephides will succeed Thomas A. Kazakos…

Israel Bombs Houthi-controlled Power Station, Ports

Jan 10, 2025

Israeli warplanes bombed a power station and two ports in Houthi-controlled Yemen on Friday in retaliation for Houthi drone and missile strikes against Israel, and pro-Houthi media said at least one person had been killed and nine wounded.Israeli…

Baltic Index Gains Again on Capesize Strength

Jan 10, 2025

The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, rose for a second straight session on Friday, steered by strong gains in the capesize vessel segment.The index, which factors in rates for capesize…

Germany Secures Drifting Tanker off Baltic Coast

Jan 10, 2025

A tugboat has stopped a tanker carrying around 99,000 metric tons of oil from Russia from drifting out of control off Germany's Baltic Sea coast near the island of Ruegen, emergency services said on Friday.The 274-metre (899-foot) Panama-flagged tanker…

NRF: Import Cargo to Remain Elevated in January

Jan 10, 2025

A potential strike at East Coast and Gulf Coast ports has been avoided with the announcement of a tentative labor agreement, but the nation’s major container ports have already seen a surge in imports that is expected to continue because of potential increases in tariffs…

US Container Imports Strong, For Now

Jan 09, 2025

Descartes Systems Group has released its January Global Shipping Report, highlighting the continuing a trend of higher year-on-year container volumes throughout 2024.December 2024 U.S. container import volumes closed at 2,367,271 TEU, just shy of the 2…

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