Suez Canal Ship Transits Rise Amid COVID-19
Transits through the Suez Canal, the beating heart of the Egyptian economy, have stayed remarkably resilient to the fallout of the COVID-19 pandemic if judging by total transits of the three commercial shipping sectors which are up 8% year-on-year. This is despite bleak economic growth prospects world-wide following the pandemic, and highlights that shipping remains the backbone of the global economy.It is often said that a picture says more than 1,000 words, but 6,166 ship transits in the Suez Canal can certainly also tell an interesting tale.
Mantel Joins Theyr Ltd,
Theyr Ltd, a London based met-ocean data provider to the maritime sectors are pleased to announce the appointment of Peter Mantel as a Non-Executive Director.In his role he will be defining and implementing the commercial shipping strategy offering Theyr’s High Fidelity Met Ocean Data and Optimization Services that will drive the digital transformation in shipping.Mantel previously helped pioneer the transformation from paper to electronic chart navigation as a Director and Shareholder of Transas Marine Ltd.
Maritime Medical: Keeping Ship Crews Healthy During a Pandemic
In the best of times, keeping ship crews mentally and physically healthy is a challenge premised on the inherent nature of and dangers in the job, plus the proximity of ship from ready, shoreside help. Add a global pandemic and the situation becomes untenable. We checked in with a select group of maritime medical care organizations for mitigating COVID-19 maritime medical risk.Seafarers are an essential workforce to the global economy with as many as 1.5 million working day and night…
Delivery Jobs Surge
Pandemic Gripping Tight, Tough Days Ahead for the Logistics IndustryWith the logistics industry enjoying a boom since 2018, the regular picture at shipping docks on working days involved a lot of commotion. People yelling, cargos waiting to be unloaded, trucks roaring, and staff running like crazy from one point to another. Yet, ever since the Coronavirus has been labeled a pandemic and has been spreading like wildfire through the US, the logistics industry has been hit a terrible blow.The global crisis of the COVID-19 pandemic has forced to take stringent precautionary measures…
CJC Appoints Two New Directors
Campbell Johnson Clark (CJC) has appointed two new Directors, following the promotion of London-based Senior Associates Duncan Ealand and James Clayton with effect from May 1, 2020. Both bring considerable insight to their new roles and exemplify the firm’s readiness to promote young talent from within. The promotions expand and develop the firm’s core business areas in dry and wet shipping disputes and in transactional work.Duncan Ealand has been a solicitor with CJC for seven and a half years…
Saudi-led Coalition Thwarts Red Sea Attack
Naval forces from the Saudi-led coalition fighting in Yemen on Sunday foiled an "imminent terrorist" attack by the Iran-aligned Houthi movement in the southern Red Sea, a major commercial shipping channel, the coalition said.The forces destroyed an unmanned boat laden with explosives that was launched from Hodeidah province in western Yemen, coalition spokesman Colonel Turki al-Malki said in a statement on Saudi state news agency SPA, without identifying the targets.There was no immediate confirmation from the Houthi movement…
Ship Industry Proposes $5B R&D Fund to Cut Emission
Shipping associations have proposed creating a research fund with $5 billion raised by the industry to develop technology to help the sector meet U.N. targets on cutting emissions."The global maritime transport industry has submitted a proposal to form the world’s first collaborative shipping R&D program to help eliminate CO2 emissions from international shipping," said a press note from International Chamber of Shipping (ICS).The proposal include a new non-governmental Research & Development organisation to pave the way for decarbonization of shipping.
Wilhelmsen, NorSea Join Forces for Hydrogen
The Norwegean global maritime industry group Wilh. Wilhelmsen Holding ASA and Denmark-based supply chain manager NorSea join forces to develop liquid hydrogen supply chain for maritime applications in Norway.The environmentally friendly liquid hydrogen can be offered to commercial shipping in large scale supply within first quarter 2024, claimed the companies.Together with major industry players such as Equinor, Viking Cruises, Air Liquide, and more, this is a huge and important step towards a sustainable future…
SSSY, Signal Ocean in Strategic Partnership
International shipbroker Simpson Spence Young and Signal Ocean Ltd have announced that they have entered into a strategic partnership as investors to work together to bring high-impact technology solutions to the commercial ship management of dry bulk carriers.Simpson Spence Young (SSY) is one of the world's largest independent and privately owned shipbroker, with 20 offices worldwide and over 400 people serving all the major shipping and commodity locations around the globe.Signal…
Tanker Deliveries Up 37%: BIMCO
Delivered tonnage of crude oil tankers have grown by +37%, whereas total fleet demolitions for 2019 have slumped to the lowest in a decade with a reduction of 52% from the year before, says BIMCO, the largest of the international shipping associations representing shipowners.Newbuilding orders have remained low through the year with contracted tonnage down by 48%, it said.Amidst a market filled with uncertainty and geopolitical unrest, BIMCO maintains its bearings and turns to the market fundamentals to cut through the mist of market speculation and uncertainty-driven hype.
BIMCO’s Sand to Offer Boxship Insight in Athens
BIMCO’s Chief Shipping Analyst, Peter Sand, will be speaking and providing the audience with unique insights on the container market at the European Shipping Seminar on November 27, 2019 in Athens, Greece.The European Shipping Seminar, hosted by S&P Global Platts, will discuss the various topics relating to the commercial shipping markets and take a deep dive into how the shipping industry will navigate its way through the uncertain environment of the IMO 2020 Sulphur Cap.Container shipping outlookBIMCO has persistently stressed that trade wars and protectionism are negative for shipping.
GreenSteam Acquires BMT Smart
Denmark-based GreenSteam, a majority owned company of BP, has acquired BMT’s data collection and performance optimisation subsidiary UK-based firm SMART. The marine efficiency software solutions provider is reputable in leveraging Machine Learning methodologies and next generation fuel saving platforms to stimulate the sustainable development of Shipping and World Sea Trade.The sale of SMART, a data collection and performance optimization software solution, to GreenSteam, follows a strategic business review by BMT to focus on its core Infrastructure…
ChartCo Opens New Office in Greece
ChartCo, the global provider of digital navigation and compliance solutions, has expanded its global network of offices to Piraeus, Greece to help provide dedicated support for customers in this region for the shipping industries.The global leader in digital navigation services is currently supplying and supporting customers in commercial shipping, offshore, cruising and superyachts all around the world and has a prominent presence of offices in the UK, Europe and Southeast Asia.Over the past decade…
Røine Joins Pacific Green Technologies
Pacific Green Technologies Inc. (PGTK) (OTCQB: PGTK), owner of the ENVI-Marine and ENVI-Clean Exhaust Gas Scrubbing Systems, said that Anders Jorgen Røine has joined the company as Direct Sales Commercial & Business Development Director based in the office in Oslo.Røine has more than 25 years of commercial shipping experience as a ship broker and senior chartering manager in London, New York and Oslo. After he left The Royal Norwegian Navy he joined Simpson Spence & Young in London…
UK Warship Sails for Gulf Mission
British warship HMS Kent set sail for the Gulf on Monday to join a U.S.-led mission protecting commercial shipping vessels in the region amid heightened political tension between the West and Iran.Britain has joined the United States in a maritime security mission in the Gulf to protect merchant vessels.That comes after Iran seized a British oil tanker in the Strait of Hormuz. On July 4 British marines seized an Iranian vessel, which is suspected of smuggling oil to Syria, off the coast of Gibraltar.“Our focus in the Gulf remains firmly one of de-escalating the current tensions…
Britain Seeks to Thwart Iran's 'Piracy'
Britain will seek to put together a European-led maritime protection mission to ensure safe shipping through the Strait of Hormuz after Iran seized a British-flagged vessel in what London said was an act of "state piracy".Iran's Revolutionary Guards seized the Stena Impero in the Strait on Friday. British Royal Marines seized an Iranian tanker off the coast of Gibraltar two weeks ago."Under international law Iran had no right to obstruct the ship's passage - let alone board her.
Stakeholders Ignore U.S. Middle East Coalition Proposals
The United States is struggling to win its allies' support for an initiative to heighten surveillance of vital Middle East oil shipping lanes because of fears it will increase tension with Iran, six sources familiar with the matter said.Washington proposed on July 9 stepping up efforts to safeguard strategic waters off Iran and Yemen where it blames Iran and its proxies for tanker attacks. Iran denies the charges.But with Washington's allies reluctant to commit new weaponry or fighting forces…
Eastland Port Posts Strong 2018
The commercial shipping port in New Zealand, Eastland Port achieved an annual tonnage throughput of just under 2.9 million tonnes of cargo in the year to March 2019, slightly down on last year’s record-breaking result.“The 12-month period was another very strong year for throughput at Eastland Port with vessels taking this district’s export product to South Korea, Japan, China, and Singapore,” says general manager Andrew Gaddum.In the year to 31 March 2019, 140 ships handled 2,956,071 tonnes of cargo at Eastland Port.
Shoreham Port Prepares for New Leadership
After a decade of service at Shoreham Port, Rodney Lunn the Chief Executive has decided that he intends to leave the Port at the end of the year. This creates a rare opportunity for new leadership at Shoreham Port. Lunn will remain in his current position until December, allowing ample time for a successor to be appointed.During his tenure, Shoreham Port has seen a 75% growth in revenue from $10 million to $18 million, through a focused diversification of business and a relentless drive for continuous improvement.
CMA CGM Boxship Refuels with Bio-Fuel
Previously announced IKEA, CMA CGM, GoodShipping Program and Port of Rotterdam pilot celebrates milestone moment in industry-first partnership.IKEA Transport & Logistics Services, CMA CGM, the GoodShipping Program and the Port of Rotterdam announced the successful refueling on Saturday, March 23 of the CMA CGM White Shark with sustainable marine bio-fuel oil.The test, which represents a major step for the decarbonization of ocean freight, saw the companies work together in a first-of-its-kind partnership for the shipping industry.
2019 Shipping Season to Open for Duluth
Last night’s arrival of United States Coast Guard Cutters Alder and Mackinaw signaled that the 2019 commercial shipping season is soon to commence for the Port of Duluth-Superior and the entire region.The Alder and Mackinaw made their way across Lake Superior from Sault Ste. Marie, Michigan, opening a 100-foot lane in the ice that will be widened soon by Canadian Coast Guard Ship Samuel Risley in support of breakout efforts that will also include local tugs from the Great Lakes Towing Company and Heritage Marine.
Partnership to Test Sustainable Marine Bio-Fuel Oil
IKEA Transport & Logistics Services, CMA CGM, the GoodShipping Program and the Port of Rotterdam have announced they will cooperate in a first of its kind partnership to test and scale the use of sustainable marine bio-fuel oil. The test will commence with a landmark bunkering of the marine bio-fuel oil on a CMA CGM container vessel on March 19th, representing a major step towards the decarbonization of ocean freight.The test is being facilitated by the GoodShipping Program, a sustainable initiative dedicated to decarbonizing ocean freight…
Scrubber Safe for Environment: Carnival
Carnival Corporation has released the results of an independent, two-year scientific scrubber wash-water study.The study shows the company’s advanced air quality systems (i.e. scrubbers) are in compliance with the International Maritime Organization’s (IMO) 2020 requirements, which include regulations for cleaner air emissions and strict wash-water quality standards.The study also concluded that the wash-water samples from scrubbers were below the limits set by several major national and international water quality and land-based water discharge standards…
Inside Cruising’s LNG Plunge
Back when most owners were still debating how to handle the 2020 sulfur cap, or whether the deadline would even stick, Carnival forged ahead with a massive bet on LNG for cruise-ship propulsion. That early move is now starting to pay off.AIDAnova, the first cruise ship to ever be powered at sea by LNG, set sail on its maiden voyage from Tenerife in the Canary Islands on December 19, 2018. Speaking with Maritime Logistics Professional six weeks later, Carnival Corporation senior vice-president of maritime affairs Tom Strang gave his early verdict: LNG works.“It’s good news.
Crowley Christens LNG-Powered M/V Taíno
Event heralds new era of world-class supply chain service. Crowley Maritime Corp. christened the U.S.-flag combination container/roll on-roll off (ConRo) ship MV Taíno today in San Juan, where the company’s investments have ushered in a new era of world-class supply chain services in the U.S. mainland-Puerto Rico trade. Clara Crowley, daughter of Chairman and CEO Tom Crowley and board member Christine Crowley, served as the ship’s sponsor and broke the ceremonial bottle of champagne on the bow of MV Taíno at the company’s Isla Grande Terminal before several hundred employees…
Coast Guard Proposes Annual Great Lakes Pilotage Increase
“When somebody says it’s not about the money, it’s about the money.” – H.L. Mencken, American journalist and essayist, 1880-1956.This report is about Great Lakes pilotage rates. It’s all about the money. In fact, it’s hard to find someone who even suggests that it’s not about the money.For fifty or so Great Lakes pilots, it’s about cold hard cash: now. For others, say, vessel owners, it’s about wasted resources, about lost chances for a more efficient and sustainable system; “opportunity costs,” as economists like to say.