Shipping News

 

Industry Leaders Highlight Impact of Increasing Protectionism

Jun 17, 2024

The International Chamber of Shipping (ICS) and the Chamber of Marine Commerce, Canada (CMC), convened over 120 industry leaders from 90 organisations and nearly 30 different countries to the Shaping the Future of Shipping Summit on Thursday 13 June…

Blue Visby Trial Demonstrates Significant CO2 Emissions Savings

May 21, 2024

The first voyages of the Blue Visby Prototype Trials took place in March/April 2024 with the bulk carriers Gerdt Oldendorff and the Begonia, which, under voyage charter to Blue Visby Consortium member CBH Group, performed ballast voyages to CBH Group’s Kwinana Grain Terminal…

McDermott’s Subsidiary Grabs Marsa LNG Job Worth Up To $250M

May 08, 2024

CB&I, a wholly owned subsidiary of McDermott, has been awarded a significant contract by TotalEnergies and OQ joint venture for the engineering, procurement, construction (EPC) of a full containment concrete liquefied natural gas (LNG) storage tank…

Matt Kaplan to Lead New Great Lakes Authority

May 05, 2024

The White House has nominated Matt Kaplan to serve as the first federal co-chair of the Great Lakes Authority (GLA).The GLA was authorized by Congress in 2022 and will be governed by a nine-member board, with one member appointed by the President…

Brazil’s Import of Russian Clean Petroleum Products Jumps 135%

Apr 30, 2024

Since the European Union sanctioned Russian oil exports in 2022, crude oil and dirty and clean petroleum products (CPP) have found new buyers. “India and China have taken most of the crude oil and dirty products while Turkey and Brazil have emerged as the main buyers of CPP…

Third Temporary Channel Opened in Baltimore

Apr 21, 2024

The Captain of the Port (COTP) has established the Fort Carroll Temporary Alternate Channel, which is on the northeast side of the main channel in the vicinity of the Francis Scott Key Bridge and will provide limited access for commercially essential vessels…

Carbon Capture @ Sea: Evergreen Ship Notches World First

Mar 21, 2024

ClassNK has granted its SCCS-Full class notation to Evergreen’s Neopanamax container vessel Ever Top.Short for Shipboard Carbon dioxide Capture and Storage-Full, the SCCS-Full notation signifies that the vessel is now equipped with onboard CO2 capture and storage (CCS) systems…

OpEd: Focusing on Green Fuels Takes the Focus Off Shipping's Major Problems

Mar 11, 2024

Shipyard order books show that more and more ships are being built that can run on methanol or liquified natural gas (LNG). Major shipping companies are investing in green fuels for their fleets, and researchers around the world are working…

Singapore and Australia Formalize Corridor Collaboration

Mar 05, 2024

Singapore and Australia have signed a Memorandum of Understanding (MoU) to formally collaborate on establishing the Singapore-Australia green and digital shipping corridor.The MoU was signed by Chee Hong Tat, Singapore’s Minister for Transport and Second Minister for Finance…

Singapore Highlights its Maritime Achievements for 2023

Mar 05, 2024

The Singapore government has recounted the achievements of Maritime Singapore to date to highlight the nation’s successes as a maritime hub in 2023:Total business spending by key maritime companies overseen by MPA exceeded S$4.8 billion, up from S$4…

Wärtsilä Partners Up with EBDG to Reduce Port Emissions Across North America

Mar 05, 2024

Finnish technology group Wärtsilä has entered into a collaboration agreement with U.S.-based naval architecture and marine engineering firm Elliott Bay Design Group (EBDG) to further develop its Clean Harbor Alternative Mobile Power (CHAMP) Barge design…

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…

Logistics News

Imports drop 9% at Los Angeles Port in May Under 145% Tariffs on China

Imports drop 9% at Los Angeles Port in May Under 145% Tariffs on China

Commodity Report: Scramble to Import Copper Creates Market Imbalance

Commodity Report: Scramble to Import Copper Creates Market Imbalance

Charge It: ‘Electrification’ Momentum Mounts in Maritime

Charge It: ‘Electrification’ Momentum Mounts in Maritime

Nibulon to Export 1 Million Tons of Grain Via Black Sea Port of Chornomorsk

Nibulon to Export 1 Million Tons of Grain Via Black Sea Port of Chornomorsk

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