Tag: seatrade maritime

Zero emission ships will be ready, fuel supply a worry says LR chief Lloyd’s Register sees a big year ahead for ammonia as a fuel and has positioned itself to support shipping on its wider decarbonisation and digitalisation voyage with LR OneOcean. Marcus Hand Go to seatrade maritime

STEM skills set to feature as major theme at Seatrade Maritime Logistics Middle East 2025 UAE’s science, technology, engineering and mathematics (STEM) skills gap to meet the ambitions of UAE Vision 2031 will form a key conference theme at the region’s leading maritime and logistics show in Dubai. Go to seatrade maritime

Singapore’s MPA and CMA CGM renew sustainable shipping MoU Agreement includes registry of alternative-fuel vessels in Singapore, bunkering trials, cyber security, and an online carbon accounting trial. Michele Labrut Go to seatrade maritime

Qatar offshore market taking steps to address seafarer skills gap As demand outstrips supply in Qatar’s offshore expansion, Genesis Marine has multiple strategies to meet its workforce requirements. Seatrade Maritime Go to seatrade maritime

Robbers hit tugs and barges three times over two days in Singapore Strait Three incidents of robbery against tugs and barges in the Singapore and Malacca Strait have underscored concern over the rising number of boardings in the key waterway. Marcus Hand Go to seatrade maritime

Crowley deploys US-flagged LNG carrier to Puerto Rico In what shipowner Crowley says is a first it has partnered with Naturgy for a US-flag LNG carrier to deliver gas to Puerto Rico. Michele Labrut Go to seatrade maritime

Seven Asian shipping lines launching China-Mexico service Seven Asian liners are teaming up to open up a new container service on China-Mexico one of the fastest growing trades. Katherine Si Go to seatrade maritime

US maritime choke point investigation ‘not about trade’ European maritime industry figures have characterised the Federal Maritime Commission (FMC)’s investigation into maritime choke points across the globe as a “waste of time” and a “China witch hunt”. Nick Savvides Go to seatrade maritime

No longer a one-size fits all approach to the energy transition, says DNV Class society seeking balanced approach with owners to find energy efficiency improvements and the adoption of new technologies. Seatrade Maritime Go to seatrade maritime

US port fees on China built vessels would hit grain exporters Industry feedback on the USTR’s proposed port levy on Chinese built ships suggests an exemption for US agricultural exports. Barry Parker Go to seatrade maritime

DP World to expand Santos terminal following Maersk deal DP World and Maersk have signed an eight-year-long agreement that will see both new services from the shipping line and expansion of the Brazilian terminal. Michele Labrut Go to seatrade maritime

OOCL performs cross-platform eBL transaction ICE Digital Trade and IQAX launch their interoperable eBL solution, with GSBN which they believe will boost liner adoption. Katherine Si Go to seatrade maritime

Climate Impact and Purus Marine ink hydrogen MoU Renewable hydrogen investor, developer, and manager Climate Impact Corporation (CIC) and shipping company Purus Marine have partnered to develop a net-zero shipping pathway for renewable hydrogen fuels. Michele Labrut Go to seatrade maritime

Svitzer expects further TRAnsverse tug orders this year Towage firm claims 15% fuel savings from its new tug design along with a range of operational benefits. Go to seatrade maritime

Hong Kong leader adds to pressure on Hutchison ports deal Chief Executive John Lee says criticism sale of Hutchison’s ports in Panama deserves “serious attention”. Marcus Hand Go to seatrade maritime

ClassNK approves ammonia-powered ammonia carrier Michele Labrut Go to seatrade maritime

COSCO Shipping Car Carriers and Neptune Lines seal ro-ro collaboration Partnership to establish a brand-new pattern for the automobile supply chain in the Mediterranean. Gary Howard Go to seatrade maritime

Last of 14 fifth-generation hybrid ro-ro ships delivered to Grimaldi After first ship was delivered in 2020, Jinling has completed the series of zero-emissions in port-capable ro-ro vessels. Gary Howard Go to seatrade maritime

Smaller US ports would be the losers China ship charges Proposed charges by the United States Trade Representative on Chinese-built ships calling the US would change how lines structure their services, says a SeaLead executive. Marcus Hand Go to seatrade maritime

RCL expands into the Latin American market Intra-Asian and feeder specialist Regional Container Lines (RCL) is launching its first service connecting to Mexican ports. Marcus Hand Go to seatrade maritime

Nick Potter moves from Shell to head AET Former Head of Shipping and Maritime for Asia, Pacific, and the Middle East for Shell Nick Potter has taken up the role of CEO at tanker owner AET. Marcus Hand Go to seatrade maritime

Beijing heaps pressure on Li family over Hutchison ports sale Pressure is mounting on the Li family to reject the $22.8 billion sale of its international terminal portfolio, including two facilities in Panama, which Beijing believes is a “betrayal” of the Chinese people. Nick Savvides Go to seatrade maritime

CMA CGM Iron is first dual-fuel methanol boxship to call Abu Dhabi 13,000 teu ship’s call at Khalifa Port is “a sign of things to come”, claims AD Ports. Gary Howard Go to seatrade maritime

Houthi ban US vessels from Red Sea in response to Yemen attacks Group says it is ready to meet escalation with escalation as multiple ceasefire red lines crossed. Go to seatrade maritime

Bulk carriers struck off shipowners shopping list Bulker contracting continued its 2024 decline over the first two months of this year, dropping 92% year on year to its lowest level in at least 30 years, according to Bimco. Paul Bartlett Go to seatrade maritime

Triton acquiring Global Container International Consolidation in container leasing with a billion-dollar deal between Triton and Global Container International. Michele Labrut Go to seatrade maritime

Newton’s law applied to container freight rates What goes up must come down and that is the case for container shipping rates that have fallen over 50% July according to Xeneta. Nick Savvides Go to seatrade maritime

Salvors board stricken container ship and tanker in North Sea The Solong and the Stena Immaculate are reported to be stable following their fiery crash in the North Sea earlier in the week. Marcus Hand Go to seatrade maritime

Jotun invests $200m in coating project at Lianyungang Paints and coating manufacturer, Jotun and Zhangjiagang Bonded Zone in Jiangsu province, plan to develop a new facility. Katherine Si Go to seatrade maritime

DP World profit slips on record revenues Higher finance costs bite into 2024 profit as ports segment achieves revenue increase of over 20%. Gary Howard Go to seatrade maritime

Navigating offshore marine with Tidewater’s Piers Middleton As one of the world’s largest offshore vessel owners Tidewater has ridden the wave of recovery in the market, so where is the company headed in 2025 and beyond? Marcus Hand Go to seatrade maritime

Fuelling shipping’s methanol powered orderbook The orderbook for methanol powered vessels has increased significantly in recent years becoming a serious part of the alternative fuels mix, although availability of green methanol remains a concern. Marcus Hand Go to seatrade maritime

Peter Dohle adds LNG-fuelled container ship pair at GSI German shipowner Peter Dohle Schiffahrts is continuing to expand its fleet with more boxships ordered at Chinese shipyards. Katherine Si Go to seatrade maritime

CMA Shipping 2025 to Highlight Key Maritime Issues: Safety, AI, and Cybersecurity A brand new, free-to-attend conference stream at CMA Shipping 2025 will place a focus on challenges pertaining to safety across AI, decarbonisation, and cyber security in the shipping industry. Seatrade Maritime Go to seatrade maritime

Competitive, cleaner, greener Gemini services to drive box market Hapag-Lloyd argues that the new Gemini services will increase reliability, sustainability and vessel utilisation as the network settles down after its phasing in period. Nick Savvides Go to seatrade maritime

Caravel Group acquires Indian training academy IMI International Maritime Institute (IMI) to support training of group’s 28,000 workers across Fleet Management Limited and other companies. Gary Howard Go to seatrade maritime

Hanwha Ocean shipyard cuts steel for eight Nakilat LNG carriers Nakilat to own and operate vessels on 15-year charters to QatarEnergy affiliates on delivery. Gary Howard Go to seatrade maritime

Four dead, two injured in Odessa missile strike Four Syrian crew were killed and another two seafarers, one Syrian and one Ukrainian, were injured in a Russian missile strike on Odessa Port. Nick Savvides Go to seatrade maritime

SITC profits surged in 2024 Increased volumes raised container shipping service company’s revenues by over a quarter in 2024. Katherine Si Go to seatrade maritime

World renowned visionary futurist K D Adamson takes top keynote at Seatrade Maritime Logistics ME Global futurist K D Adamson will keynote Seatrade Maritime Logistics Middle East 2025, held 6-8 May during UAE Maritime Week under the UAE Ministry of Energy and Infrastructure’s patronage. Seatrade Maritime Go to seatrade maritime

InterManager launches enclosed spaces survey Association seeks seafarers’ help to better understand a common cause of deaths on ships. Gary Howard Go to seatrade maritime

China urges US to scrap port fee plan The Chinese government urges the US to cease its proposed port fees on China-built vessels. Katherine Si Go to seatrade maritime

Hanseatic Global Terminals acquires majority stake in Le Havre operator Rotterdam-based Hanseatic Global Terminals (HGT) has completed the acquisition of 60% of the shares in CNMP LH from Seafrigo Group. Michele Labrut Go to seatrade maritime

Container ship in tanker collision not carrying sodium cyanide cargo The boxship Solong involved in a fiery collision with the tanker Stena Immaculate on Monday continues to burn, and one seafarer remains missing. Nick Savvides, Marcus Hand Go to seatrade maritime

Houthi threaten to resume Red Sea attacks on shipping The Houthi in Yemen have threatened to restart attacks on commercial shipping in the Red Sea on 12 March. Marcus Hand Go to seatrade maritime

Update: All 37 crew accounted for after allision off UK Jet fuel fire broke out after cargo tank on Stena Immaculate was breached in allision with container ship Solong. Nick Savvides Go to seatrade maritime

Tianjin port raising container capacity to 35m teu by 2035 The northern Chinese port of Tianjin has set out plans for significant growth in container throughput by 2035. Katherine Si Go to seatrade maritime

Panama signs Beijing Convention of judicial ship sales Panama has signed the United Nations Convention on the International Effects of the Judicial Sale of Ships, known as the Beijing Convention, at the UN headquarters in New York. Michele Labrut Go to seatrade maritime

Singapore launches standard for safe methanol bunkering As the number of methanol fuelled vessels continues to grow the world’s largest bunkering port has launched a new standard to ensure safe handling in refuelling operations. Marcus Hand Go to seatrade maritime

CMA CGM pledges $20bn investment in US shipping and logistics The world’s third largest container line plans to triple the size of its US-flagged fleet under American President Lines (APL). Marcus Hand, Michele Labrut Go to seatrade maritime

ICTSI port volumes up 2% in 2024 ICTSI’s revenue growth of 15% outstripped throughput growth of 2% for its global terminals business. Michele Labrut Go to seatrade maritime

Profits and volumes up for RCL, grows fleet Intra-Asian and feeder specialist Regional Container Lines (RCL) reported a 511% increase in profits last year. Marcus Hand Go to seatrade maritime

Has container shipping’s bubble burst? Rates on the major trade lanes are continuing to trend downwards, even as the carriers curb small amounts of capacity from services with fears of an economic downturn, war and consumers losing confidence. Nick Savvides Go to seatrade maritime

Levelling the playing field Maritime’s active recruitment of women seafarers is a vital step that will support our rapidly expanding global supply chains, but their retention could be hampered by a one-size-fits-all approach to healthcare. Sandra Welch, CEO of Seafarers Hospital Society, draws attention to the consequences of lacking feminine hygiene products onboard and in…

Houthis guaranteed safe passage to Russian and Chinese ships, says OFAC Washington tightens sanctions on Houthi leadership to limit weapon shipments and reduce threat to maritime trade. Gary Howard Go to seatrade maritime

CMA CGM’s first methanol-fuelled vessel in service The 13,000 teu methanol dual-fuel CMA CGM Iron made its maiden call in Singapore on Tuesday. Marcus Hand Go to seatrade maritime

Bremen ports ‘methanol-ready’ with new bunkering authorisation procedure Clear regulations pave the way for green methanol bunkering in Bremerhaven and Bremen, ports claim. Gary Howard Go to seatrade maritime

Tribunal dismisses $832.2 million in claims against Yangzijiang An arbitration involving Yangzijiang Shipbuilding did not uphold claims on 10 newbuilding contracts. Katherine Si Go to seatrade maritime

Lauritzen Bulkers acquires Canada’s Alexander & Blake Canadian breakbulk and parcel shipping company to continue operations under new branding. Gary Howard Go to seatrade maritime

CULines opens up office in Dubai The Chinese feeder service provider CULines West Asia Company has inaugurated in Dubai. Katherine Si Go to seatrade maritime

CMA CGM introduces new Asia – South America service CMA CGM is launching a new service connecting Asia to the South America East Coast. Michele Labrut Go to seatrade maritime

Asyad Shipping Company IPO bags $332.8m Listing of 20% stake in Asyad shipping puts market capitalisation at $1.66bn. Gary Howard Go to seatrade maritime

Mærsk Mc-Kinney Møller, Poten & Partners, World Bank, The Port Authority of New York join conference at CMA Shipping 2025 Key industry stakeholders confirm their participation in the conference at CMA Shipping 2025, which now boasts more than 90 of the sharpest minds from across the international shipping industry. Seatrade Maritime Go to seatrade maritime

Trump plans White House office of shipbuilding US President Donald Trump is pushing ahead with revitalising shipbuilding and has also doubled down on taking back control of the Panama Canal in a speech to a joint session of Congress. Marcus Hand Go to seatrade maritime

Energy prices fall as OPEC+ takes foot off brake Yesterday’s decision by OPEC+ members to start a series of production increases over a period of months caught the market by surprise. Paul Bartlett Go to seatrade maritime

CMA CGM firms electric boxship cooperation with Chinese shipyard Inland electric container barge to carry Nike goods on Vietnam service. Katherine Si Go to seatrade maritime

‘The time is now’ to ready shipping for nuclear power Regulatory and liability work must begin now to prevent lost opportunities from nuclear power for ports and ships, say LR and NorthStandard. Gary Howard Go to seatrade maritime

Slow start to alternative-fuelled vessel orders in 2025 New bookings pick up in February as orderbook for LNG bunker vessels grows by 50%. Gary Howard Go to seatrade maritime

Ship recycling facing challenges as demand set to increase DNV outlines regulatory considerations for shipowners in a watershed year for scrapping ships. Paul Bartlett Go to seatrade maritime

Wah Kwong and CIMC ENRIC partner on green methanol bunkering Companies to consider investments in green fuel production and supply projects in China’s Greater Bay Area. Gary Howard Go to seatrade maritime

Biofuels transparency and quality concerns highlighted The rapid growth in demand for biofuels to comply with emissions regulations was noted in the Lloyd’s Register FOBAS’ latest analysis. Paul Bartlett Go to seatrade maritime

Brazil and Norway ink green shipping corridor agreement The latest green shipping corridor announcement comes from Brazil and Norway that have signed a Memorandum of Understanding (MoU). Michele Labrut Go to seatrade maritime

Uncertainty pervades the tanker trades Unpredictable geopolitical developments, the actions of the Trump administration and sanctions make for an uncertain environment for the tanker market. Barry Parker Go to seatrade maritime

Alibaba teams up with Maersk on container shipping services Chinese B2B service provider Alibaba.com and the shipping line Maersk are entering into a strategic cooperation on LCL/FCL shipping services. Katherine Si Go to seatrade maritime

Eastern Pacific Shipping inks China financing for box ships Eastern Pacific Shipping and Shanghai Pudong Development Bank Financial Leasing (SPDB Financial Leasing) have signed a financing agreement. Katherine Si Go to seatrade maritime

Top users and customers of the Panama Canal What are top vessel types that use the Panama Canal, who are its top customers, and how does its new booking system work? Michele Labrut Go to seatrade maritime

Frontline underlying profit slips in ‘unusually soft’ fourth quarter Tightening sanctions offer some upside for tanker owner as increase in operating costs outpaced revenue rise in Q4. Gary Howard Go to seatrade maritime

Offshore wind – a tale of two sides of the Atlantic While US under President Donald Trump has pulled back from offshore wind developments are powering ahead in Europe. Paul Bartlett Go to seatrade maritime

Bangladesh Shipping Corp close to re-entering container market Bangladesh’s state-run operator is set to order six feeder box ships, in a move that apparently mirrors India’s drive for a national carrier and which will break its reliance on foreign owned vessels for its exports. Nick Savvides Go to seatrade maritime

Geopolitical disruption may jeopardise shipping’s high-level playing field IACS outlines challenges to global rules development, regular surveys, and cyber security from escalating geopolitical tension. Gary Howard Go to seatrade maritime

QatarEnergy inks 20-year helium supply agreement with China QatarEnergy and Guangzhou Guanggang Gases & Energy (G-gas) signed a long-term sales and purchase agreement (SPA) for the supply of 100 million cubic feet per annum of helium from Qatar to China. Katherine Si Go to seatrade maritime

BV granted approvals for DSIC’s Aerofouk ‘Yufengyi’ wing sail Dalian Shipbuilding Industry (DSIC) is the latest to join the market for wind assisted propulsion with a new design. Katherine Si Go to seatrade maritime

Florida terminal investing $25 million for expansion SAAM Terminals Florida International Terminal (FIT) has extended its concession and investing to expand facilities. Michele Labrut Go to seatrade maritime

Suezmax sales support CMB.TECH in Q4 Company to continue selling older vessels to meet loan covenants as necessary in slow markets. Gary Howard Go to seatrade maritime

Liberian Registry appoints Fleet Communications VP from Iridium The Liberian Registry has appointed Kyle Hurst as the Senior Vice President of Fleet Communications and Technology. Go to seatrade maritime

US shippers eye Chinese-built vessel charges with concern Fears of inflation due to the proposed charges on Chinese owned and built vessels have been voiced by US shippers who believe that these charges will ultimately either be borne by American importers or passed on to consumers Nick Savvides Go to seatrade maritime

Panama’s new integrated maritime and logistics strategy President Jose Raul Mulino of Panama aims to strengthen the country’s position as a global logistics hub by reshaping the Logistics Cabinet and implementing a comprehensive maritime and logistics strategy. Michele Labrut Go to seatrade maritime

Stephenson Harwood advises lenders on $300m OSV financing deal Stanford Marine and Allianz Middle East Ship Management land loan facility for the fourth-largest OSV fleet. Gary Howard Go to seatrade maritime

UK seafarer numbers slipped in 2024 Despite a 7.5% rise in seafarers working for UK Chamber of Shipping members, the number of UK seafarers dropped by 2% in 2024. Gary Howard Go to seatrade maritime

DEI backlash impacting shipping Diversity, equity and inclusion (DEI) presents strong benefits across people, culture, and safety, despite radical political change in US government attitude. Gary Howard Go to seatrade maritime

Seatrade Maritime Logistics Middle East Go to seatrade maritime

Norsepower teams up with optimisation start-up Syroco Wind propulsion company partners with weather routing and voyage optimisation provider to boost vessel efficiency. Gary Howard Go to seatrade maritime

NYK and Seatrium ammonia bunker tanker design AiP A design for an ammonia bunkering vessel that is also fuelled by ammonia has been granted Approval-in-Principle (AiP) by ClassNK. Marcus Hand Go to seatrade maritime

South Korea plans 38% tariff on Chinese steel plate South Korea’s Ministry of Trade, Industry and Energy has decided to impose up to 38% provisional anti-dumping tariffs on Chinese steel plate imports. Katherine Si Go to seatrade maritime

Hamburg throughput dropped 2.1% in 2024 Rise in container throughput outweighed by hit to bulk volumes from mild winter and lower German economic and industrial output. Gary Howard Go to seatrade maritime

Zhoushan Changhong inks orders for 18 box ships with MSC and TMS Zhoushan Changhong International Shipyard contracted two batches of 18 LNG dual-fuel container ships orders from MSC and TMS respectively. Katherine Si Go to seatrade maritime

US seeks public comment on China maritime dominance investigations The Office of the United States Trade Representative (USTR) is inviting comments from the public on proposed Section 301 actions to end unfair practices by China. Katherine Si Go to seatrade maritime

Registration is open for for Seatrade Maritime Logistics Middle East 2025 The maritime industry is gearing up to descend on Dubai as part of UAE Maritime Week 2025, held under the patronage of the UAE Ministry of Energy and Infrastructure, this coming 5-9th May 2025. Go to seatrade maritime

UK could lead the world in maritime nuclear Paper calls for urgent government action and sets out policy framework to develop multi-billion dollar maritime nuclear opportunities. Gary Howard Go to seatrade maritime

Container rates fall 10% in a week Spot container freight rates continued their downward trajectory over the past week. Marcus Hand Go to seatrade maritime