Shipping News

 

Meet the CIO: Erika Graziuso, Crowley

Nov 21, 2023

Erika Graziuso, Chief Information Officer, Crowley, brings a breadth and depth of non-maritime experience to bear in her quest to drive Crowley’s digital transformation in the name of decarbonization, holistic transportation efficiency and crew attraction and retention.Emulating best practices from industries outside of maritime has been a mantra in boardrooms and conferences for decades, as traditional maritime mindset has…

American Queen Voyages Up for Sale as Hornblower Gets New Majority Owner

Feb 21, 2024

A global alternative investment firm Strategic Value Partners has entered into agreement with Hornblower Group to acquire the majority ownership of the company in exchange for significant equity investment. As part of the agreement, Crestview Partners retained minority ownership in the business…

Stena Line Commences Dublin-Liverpool Freight Route

Feb 16, 2024

Swedish ferry operator, Stena Line has officially commenced its new Dublin – Liverpool (Birkenhead) freight service. The addition of the new route is expected to further boost the company’s freight volumes following a record year on its Irish Sea services in 2023…

FMC Mulls Investigation into Suez and Panama Canal Impacts

Feb 11, 2024

The US Federal Maritime Commission (FMC) held an informal public hearing examining impacts from attacks on merchant shipping in the Red Sea and Gulf of Aden on February 7.Opening the hearing, Commissioner Carl Bentzel, voiced concern about safe access through both the Suez and Panama Canals…

Denmark Primed to Become European CO2 Hub

Feb 07, 2024

With its new CCS-strategy, the European Commission has outlined a common direction for the capture, utilization, and storage of CO2 in the EU. The strategy highlights Denmark as a pioneer in the field, and Danish Shipping predicts that Denmark could play a central role…

ESL Revamps GALEX Service, Launches New Services

Feb 02, 2024

Effective February 14, 2024, ESL’s flagship GALEX service will provide direct connections between key Chinese ports and the newest addition – the dynamic Saudi Arabian maritime hub of Dammam. In addition, the modified port rotation reduces transit time between key ports in China and Jebel Ali…

2024 a Milestone Year for Maritime Single Window

Feb 01, 2024

2024 marks a milestone in the acceleration of digitalization in shipping that has been brought about by the mandatory requirements for a Maritime Single Window.The requirement under the Convention on Facilitation of International Maritime Traffic…

Maersk and Hapag-Lloyd Set Up Operational Cooperation

Jan 17, 2024

Shipping industry majors Hapag-Lloyd and Maersk have signed an agreement for a new long-term operational collaboration called ‘Gemini Cooperation’, which will start in February 2025.The ambition is to deliver a flexible and interconnected ocean network with industry-leading reliability…

2023 a Record Setting Year for Singapore

Jan 14, 2024

Chee Hong Tat, Singapore’s Acting Minister for Transport, announced a record year in 2023 at a Singapore Maritime Foundation New Year Conversations event.The annual vessel arrival tonnage in the Port of Singapore crossed three billion gross tonnage (GT) for the first time…

ESA, ICS host 'Shaping the Future of Shipping' Summit

Dec 22, 2023

Emirates Shipping Association (ESA) and International Chamber of Shipping (ICS) and under the patronage of Ministry of Energy and Infrastructure, hosted the summit – Shaping the Future of Shipping - Towards a Net Zero World.The events took place…

Palmali Aims to Expand Shipping Ops in the Black Sea

Dec 12, 2023

Istanbul-based tanker operator Palmali has become the top shipper for Ukraine's Black Sea-borne sunflower oil exports, one of the country's key export products, and plans to expand further, its chairman Mubariz Mansimov said.Azeri-born Mansimov…

Partners Agree Emission Reductions on Rotterdam-Singapore Corridor

Sep 21, 2023

The Maritime and Port Authority of Singapore (MPA), the Port of Rotterdam Authority and 20 partners in the Green & Digital Shipping Corridor are working to reduce 20% to 30% of emissions from international shipping by 2030. This was agreed at the third Green Corridor workshop…

Shippers Launch Tender to Accelerate Zero-Emission Shipping

Sep 14, 2023

The Zero Emission Maritime Buyers Alliance (ZEMBA) has launched a Request for Proposals (RfP) for 600,000 TEUs over a three-year period on ocean vessels powered by zero-emission fuels.This will help its member companies reduce nearly one million metric tonnes of carbon emissions…

Maersk Finalizes ECO Delivery Deal with Amazon

Sep 06, 2023

A.P. Moller - Maersk and Amazon have finalized a 2023-2024 agreement for the transport of 20,000 FFE containers (40,000 TEU) using green biofuel through Maersk’s “ECO Delivery” ocean product offering.Maersk estimates this purchase will contribute to a reduction in 44…

bp Secures Remaining LNG Supply from Woodfibre’s British Columbia LNG Facility

Sep 05, 2023

bp has entered its third long-term LNG offtake contract from the Woodfibre LNG facility based in British Columbia, Canada.With the additional contract to offtake 0.45 million tonnes of LNG per year (mtpa) for 15 years on a free on board (FOB) basis…

Logistics News

Vitol Bunkers Receives its First Biofuel Barge in Asia

Vitol Bunkers Receives its First Biofuel Barge in Asia

Biden Executive Order Targets Cybersecurity at US Ports

Biden Executive Order Targets Cybersecurity at US Ports

ARC Keeps the Cargo Rolling

ARC Keeps the Cargo Rolling

Cavotec Inks Service Deal with APM Terminals at the Port of Tanger Med

Cavotec Inks Service Deal with APM Terminals at the Port of Tanger Med

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