Tag: seatrade maritime

Port of Rotterdam calls for regulatory support as 2024 volumes slip Europe’s largest port wants market certainty to encourage investment in European strategic autonomy and decarbonisation. Gary Howard Go to seatrade maritime

China Merchants Energy Shipping adds heavy lift vessels China Merchants Energy Shipping is self-building four multi-purpose heavy lift vessels, further diversifying the company’s fleet structure. Katherine Si Go to seatrade maritime

Venture Global well positioned for US LNG regulatory change One of Donald Trump’s Day 1 actions was to end the “pause” that former President, Joe Biden, had put on the approvals of new LNG export projects in the States and the impact of this is now starting to flow through. Barry Parker Go to seatrade…

Seatrade Maritime News 20Under40 Go to seatrade maritime

Emma Howell recognised in Top 100 Women in Shipping Seatrade Maritime content director recognised in All About Shipping’s annual list of influential women in the maritime industry. Seatrade Maritime Go to seatrade maritime

Seatrium bags IMI jack-up rig equipment and design contract Singapore shipyard group Seatrium wins jack-up rig equipment and design licensing contract in Saudi. Marcus Hand Go to seatrade maritime

Panama bunkering bouncing back from drought restrictions The severe drought that restricted transits of the Panama Canal in 2023/24 negatively impacted bunker sales but the country’s suppliers remain confident on their business model and are gearing up for alternative fuels. Go to seatrade maritime

Jebel Ali records highest cargo volumes since 2015 Dubai port sees 1m teu throughput uplift and 23% rise in breakbulk cargo in 2024. Gary Howard Go to seatrade maritime

HD KSOE nuclear boxship design gets the nod from ABS Approval in principle granted to 15,000 teu boxship with nuclear-electric propulsion powered by molten salt reactor. Gary Howard Go to seatrade maritime

DP World splashes £60m on Southampton quay cranes Four quad-lift capable cranes set to be Europe’s largest quay cranes on delivery in mid-2026 Gary Howard Go to seatrade maritime

Iron ore disruptions weigh heavy on the Capesize market Iron ore shipments fell 7% in the first seven weeks of 2025 leading to multi-year lows for Capesizes but the futures market show optimism for a spot rate spike. Marcus Hand Go to seatrade maritime

Panama law firms aim at game-changing reforms Panamanian lawyers have been very proactive in writing legislations, promoting bills that would enhance maritime trade and ship registration. Michele Labrut Go to seatrade maritime

Skarv Shipping orders hybrid ammonia-powered timber carrier Ammonia-electric 7,800 dwt self unloader to transport Norwegian timber to Europe from 2027. Gary Howard Go to seatrade maritime

SeaLead moves into the Transatlantic trade The fast-expanding container line is to add Mediterranean to US East Coast to its service network at the end of March. Marcus Hand Go to seatrade maritime

Shandong Port launches new Qingdao construction projects Annual celebration marks the completion, renewal, and launch of port cluster projects at global top five port. Katherine Si Go to seatrade maritime

Turmoil is the new normal in container markets Flourishing uncertainty in container markets is forcing shippers and carriers into new contracts, while experts try to make sense of the fast-moving geopolitical changes that are driving volatility. Nick Savvides Go to seatrade maritime

MAN dual-fuel methanol engine passes Type Approval Test Genset receives approval from all major class societies in attendance at CSSC Marine Power event. Gary Howard Go to seatrade maritime

Econowind secures €3m funding for XL suction sails Development capital to fund advance and testing of upscaled wind assisted propulsion system for deep sea vessels. Gary Howard Go to seatrade maritime

U-Ming Marine ordered up to four bulkers from Hengli Taiwanese owner extends fleet expansion programme with two plus two order in first visit to Hengli. Katherine Si Go to seatrade maritime

Could the days of the dark fleet be numbered? Amid growing concerns about the size and the operation of the ‘dark fleet’, rapid geopolitical developments resulting from policies adopted by the new US Administration policies could change the backdrop. Paul Bartlett Go to seatrade maritime

Panama ports – additional investments require regulatory support The water woes of the Panama Canal brought higher volumes for the Panama’s container ports and we look at what lies ahead for the country’s ports. Michele Labrut Go to seatrade maritime

Singapore’s Straits Bio-LNG joins SEA-LNG Month-old biofuel supplier has initial target of supplying 250,000 tonnes of bio-LNG per annum. Michele Labrut Go to seatrade maritime

COSCO Shipping Energy Transportation orders six tankers New fleet additions to feature a mix of methanol fuel solutions with deliveries from 2027. Katherine Si Go to seatrade maritime

Women who change the maritime workplace at the Panama Canal Today, there are more women in shipping than ever before. We profile the diverse range of roles undertaken by women in the operations of the Panama Canal and the services connected to it. Michele Labrut Go to seatrade maritime

Seafarers earn more and larger raises in 2024 Retention rates also improved last year, although recruitment and crewing challenges remain. Gary Howard Go to seatrade maritime

DP World carbon inset programme reaches 100,000 teu Trial offering 50kg of CO2e carbon credits for loaded import containers reaches six figures since January 1, 2025. Gary Howard Go to seatrade maritime

International furniture brand inks 10-year deal with Maersk Singapore-founded Castlery has signed a shipping and logistics partnership with AP Moller – Maersk. Marcus Hand Go to seatrade maritime

Two West Australian ports re-open after Cyclone Zelia The Ports of Dampier and Varanus Island in the Pilbara region re-opened on Friday afternoon. Marcus Hand Go to seatrade maritime

Seatrium lining up second FPU project with BP The Singapore shipyard group has inked a Memorandum of Understanding (MoU) with BP Exploration & Production for a second project in the US Gulf of Mexico. Marcus Hand Go to seatrade maritime

Offshore wind sector set to expand despite Trump’s thumbs-down Buoyant offshore wind markets in Europe and Asia are unlikely to be deflected by the new US Administration’s freeze on leases both for federal areas and permits for projects that are already in progress. Paul Bartlett Go to seatrade maritime

Chongqing Port and China Logistics Group map out integration The southwest Chinese port operator and China Logistics Group is planning for an asset restructuring to boost New International Land-Sea Trade Corridor development. Katherine Si Go to seatrade maritime

Mosolf and Bahri establish Saudi automotive logistics JV Partnership to bring full-service automotive logistics package from port arrival to final delivery in Saudi Arabia. Gary Howard Go to seatrade maritime

Ardmore records $120m profit for 2024 despite softer Q4 Company maintains focus on low break-even level and financial stability in volatile market. Gary Howard Go to seatrade maritime

China ‘deeply regrets’ Panama’s exit of Belt and Road initiative Panama has been under pressure from the Trump administration in recent weeks over its relations with China and the Panama Canal. Katherine Si Go to seatrade maritime

More West Australian ports close as Cyclone Zelia intensifies Marcus Hand Go to seatrade maritime

Regulators focus on vessel emissions in port Port operators across the globe are searching for solutions to regulations that outlaw vessel emissions while in port. Nick Savvides Go to seatrade maritime

Liquid Wind picks up suspended Swedish e-methanol project, doubles capacity New facility at Övik Energi’s Örnsköldsvik power plant to produce 100,000 tonnes of e-methanol per year. Gary Howard Go to seatrade maritime

Abandoned unpaid on vessels with no insurance or certificates Foul and insanitary living conditions, failure to pay seafarers and a lack of attention to safety issues is a continuing and growing problem according to the International Transport Workers’ Federation (ITF), which highlights some of the conditions that seafarers are living under. Nick Savvides Go to…

Qatar’s North Field expansion faces crewing and newbuilding challenges Ambitious North Field expansion places pressure on OSV newbuild financing and creates significant demand for qualified crews. Gary Howard Go to seatrade maritime

Intermodal Asia 2025 announces strong speaker lineup for its 10th edition A diverse range of speakers from leading organisations, including CCIA, COSCO, Globe Tracker, ORBCOMM, Container xChange, and many others, have been confirmed for the 10th edition of Intermodal Asia conference. Seatrade Maritime Go to seatrade maritime

HMM nearly quadruples net profit in 2024 The South Korean shipping company’s performance benefitted from the Red Sea Crisis and growing North America trade but its sees uncertainties ahead. Marcus Hand Go to seatrade maritime

Gemini Cooperation’s US4 service debuts from Nansha The new Maersk and Hapag-Lloyd alliance’s South China and Southeast Asia to US East Coast service has started its maiden voyage from Nansha. Katherine Si Go to seatrade maritime

Trump tariffs likely to undermine weak ship recycling markets further Tumbling charter rates have led to a revival in recycling sales on the Indian subcontinent in recent days but now the sector is eyeing President Trump’s tariff strategy with dismay amid fears that cheap Chinese steel could flood the market, shaving weak recycling margins further.…

DP World’s ports handled 8.3% more containers in 2024 The Dubai-headquartered company in part credited record container volumes last year to its diversified portfolio with operations in 78 countries. Marcus Hand Go to seatrade maritime

NYK biofuel trial on coal carrier The first trial of biofuel on a coal carrier in Japan for a domestic power company Tohoku Electric Power. Marcus Hand Go to seatrade maritime

President Trump is ‘very focused’ on maritime sanctions compliance Delegates at conference in New York were warned of strong sanctions enforcement by the US Department of Justice and extensive civil penalties. Barry Parker Go to seatrade maritime

VLCC Ascona earns LR’s first livestreaming connectivity Descriptive Note Neda Maritime’s VLCC Ascona passes LR verification for onboard and ship-to-shore connectivity. Gary Howard Go to seatrade maritime

Going green deters birds from ships and offshore platforms Glamox launches new marine-certified green LED lights to illuminate offshore structures without attracting migrating birds. Gary Howard Go to seatrade maritime

ASRY certified for LNG carrier repairs by GTT Bahrain yard announces new GTT accreditation during Seatrade Maritime Qatar. Gary Howard Go to seatrade maritime

Wind propulsion now a force to be reckoned with Wind power should now be considered as an option for regulatory compliance and cost savings says classification society DNV. Paul Bartlett Go to seatrade maritime

AD Ports Group and CMA CGM to develop Congo terminal The Abu Dhabi-based ports group has formed a joint venture with the French container line to operate a terminal in Point Noire. Michele Labrut Go to seatrade maritime

Manila International Container Terminal investing in capacity upgrades International Container Terminal Services’ (ICTSI) is enhancing infrastructure, equipment and digitalisation at its flagship terminal in Manila. Michele Labrut Go to seatrade maritime

Nanjing Port automobile terminal approved for export trade As Chinese automobile exports continue to boom a new terminal has opened for international trade. Katherine Si Go to seatrade maritime

Seacon Shipping buys secondhand seven bulkers Chinese shipowner Seacon Shipping has acquired seven bulk carriers to meet growing cargo transport demands. Katherine Si Go to seatrade maritime

DHT Holdings says freight volatility shifting shipowners’ favour The NYSE-listed VLCC owner reports an increased annual profit for 2024 and remains confident about the coming year. Marcus Hand Go to seatrade maritime

Red Sea crisis drives Maersk to 3rd most profitable ever year Diversions via the Cape of Good Hope drove up freight rates in 2024, but a mid-year re-opening of Red Sea transits could see Maersk back at breakeven for 2025. Marcus Hand Go to seatrade maritime

ONE ventures into US inland logistics Michele Labrut Go to seatrade maritime

Norden steadies for 2025 market downturn Announcing a $163m profit for 2024, product tanker and dry bulk operator forecasts lower 2025 profit with a focus on lower-risk, stable returns. Gary Howard Go to seatrade maritime

IMO on track to deliver Revised GHG Strategy – Secretary General Speaking in Qatar Arsenio Dominguez recognises geopolitical and regulatory advances as IMO remains on track to meet Revised GHG Strategy timeline. Gary Howard Go to seatrade maritime

AI set to cut marine insurance premiums says IUMI Technological advances such as artificial intelligence are expected to reduce insurance premiums as the systems mature and accident levels are seen to be reduced according to the International Union of Marine Insurers (IUMI). Nick Savvides Go to seatrade maritime

Trump’s China tariffs fail to make an impact The latest data shows that President Trump’s tariff regime dating back to 2018, primarily on Chinese goods up to now, is having little effect on trade. Nick Savvides Go to seatrade maritime

Alfa Laval to buy NRG Marine Sweden headquartered Alfa Laval has announced plans to acquire NRG Marine, an ultrasonic antifouling system provider based in the UK. Paul Bartlett Go to seatrade maritime

Seatrade Maritime Qatar to open new opportunities between local and global maritime companies Hamad Mohammed Al-Nasr, Director of Trade Development and Investment Promotion, Ministry of Commerce and Industry delivered the official keynote address for Day 2 of the inaugural Seatrade Maritime Qatar event in Doha, Qatar stating that “This conference represents an opportunity to explore…

Continued spike in sea robbery incidents in the Singapore Strait With 11 incidents of sea robbery in the one of the world’s busiest waterways just over a month ReCAAP ISC warns there could be further vessel boardings. Marcus Hand Go to seatrade maritime

ICTSI Manila terminal gets first near-zero emission RTGs Manila International Container Terminal (MICT) is enhancing environmentally friendly operations with the arrival of eight hybrid RTGs featuring near-zero emission (NZE) technology. Michele Labrut Go to seatrade maritime

CMA Shipping Go to seatrade maritime

Industry titans join speaker roster for 40th edition of CMA Shipping 2025 Incoming CMA Commodore Todd Clough, President & CEO, Fairfield Chemical Carriers LLC, Michael D. Tusiani Chairman at Poten & Partners and Rear Admiral John Okon, President at State University of New York Maritime College, are among confirmed speakers for 2025 conference. Go to…

Qatar Minister of Transport opens inaugural Seatrade Maritime Qatar event The inaugural Seatrade Maritime Qatar maritime event has been officially opened by His Excellency Sheikh Mohammed bin Abdullah bin Mohammed Al Thani, Minister of Transport. Seatrade Maritime Go to seatrade maritime

Three key challenges for maritime in the Year of the Snake Conflict, trade wars, and the battle for AI between east and west, were highlighted by Singapore’s National Trade Union Congress (NTUC) Secretary-General. Marcus Hand Go to seatrade maritime

Maritime in Minutes – January 2025 in review Houthi stop targeting all but Israeli ships in Red Sea, Trump wants to take back the Panama Canal, and record investment in alternative fuelled vessels – hear about these stories and much more in Maritime in Minutes. Marcus Hand, Gary Howard Go to seatrade maritime

Seatrade Maritime Qatar opens its doors to maritime industry Seatrade Maritime Qatar opens its doors to the maritime industry today, Tuesday 4th February 2025, showcasing its inaugural event in Doha at the Sheraton Grand Hotel & Conference Centre with a comprehensive conference programme and exhibition. Seatrade Maritime Go to seatrade maritime

Trump’s Mexico and Canada tariffs – what’s at stake for shipping? What part does shipping play in the billions of dollars worth and millions of tonnes of goods moving between the US and its neighbours. Gary Howard Go to seatrade maritime

Seatrade Maritime Club round table sets scene for inaugural Seatrade Maritime Qatar A senior gathering of industry personalities has set the scene for the coming two days of Seatrade Maritime Qatar taking place at the Sheraton Grand Doha Resort and Convention Hotel, Doha, Qatar until 5th February 2025. Seatrade Maritime Go to seatrade maritime

ConRo launch ushers in new era in box shipping Türkiye’s Tuzla shipyard launched the largest freight vessel to be primarily operated by sail power in the modern era. Nick Savvides Go to seatrade maritime

German shipyards win last-minute reprieve The future of the two insolvent shipyards, Flensburger Schiffbau Gesellschaft (FSG) and Nobiskrug has been secured. Paul Bartlett Go to seatrade maritime

Lack of legacy sees Africa surge in tech uptake Opportunities to leapfrog legacy technology systems opens clear development pathways for logistics in Africa. Nick Savvides Go to seatrade maritime

ICTSI’s Victoria International Container Terminal invests to raise capacity, reduce emissions Four hybrid automatic container carriers to join southern hemisphere’s only fully automated container terminal. Michele Labrut, Gary Howard Go to seatrade maritime

Contract breach sees Chinese carrier sue Amazon Chinese line seeks $96.4m from Amazon for alleged breach of contract in 2023. Nick Savvides Go to seatrade maritime

MAN runs two-stroke ammonia engine at 100% load Full-scale Liquid Gas Injection Ammonia engine now operated from 25% to 100% load. Gary Howard Go to seatrade maritime

Rotterdam bunkered 52% more LNG in 2024 as total bunker volume slipped LNG demand rebounds as anti-dumping rules hit biofuel volumes. Gary Howard Go to seatrade maritime

Svitzer inks towage contract with Oman LNG Towage provider Svitzer has signed a nine-year terminal towage contract with Oman Liquefied Natural Gas (Oman LNG). Michele Labrut Go to seatrade maritime

Trump and US LNG exports – the devil is the details The Trump Administration will be great for LNG exporting from the US? Probably yes, but the course will require some careful navigation and keeping watch for obstructions in the channel. Barry Parker Go to seatrade maritime

New technical Vice President at the Liberian Registry The world’s largest ship registry has expanded its technical leadership team in Miami. Michele Labrut Go to seatrade maritime

Port of Corpus Christi cargo volumes up 1.7% in 2024 The Port of Corpus Christi reported increases in crude oil and dry bulk commodities handled last year driving overall cargo volumes. Michele Labrut Go to seatrade maritime

Commercial shipping is being weaponised – NorthStandard Insurer highlights tension between rising sanctions, geopolitical strain, a growing dark fleet, and the right of innocent passage under rules-based order. Gary Howard Go to seatrade maritime

Nakilat profit rose 5.1% in 2024 as LNG carrier rates slumped Charter rates dropped by over 65% in Q4 across spot DFDE and steam charters, and multi-month MEGI charters. Gary Howard Go to seatrade maritime

Container lines face a year of two halves: HSBC A gradual unwinding of Cape of Good Hope transits could give container carriers a decent first half, but a much weaker second half of 2025. Marcus Hand Go to seatrade maritime

SITC orders container ship pair at Huanghai Shipbuilding The Chinese feeder service provider SITC is adding two container ship newbuildings to meet the growing operational demands. Katherine Si Go to seatrade maritime

‘Unforgivable’ to detain a merchant ship by force Japanese shipowners call for international coordination to ensure an incident like the hijacking of the car carrier Galaxy Leader does not occur again. Marcus Hand Go to seatrade maritime

UDST expanding offering to support a future-ready maritime workforce in Qatar University of Doha for Science and Technology (UDST) to offer STCW-compliant training, building on its specialised maritime and engineering programmes. Seatrade Maritime Go to seatrade maritime

Going bananas – Ecuador’s first on-dock cold storage facility ICTSI’S Contecon Guayaquil has launched the Guayaquil Banana Gateway facility a first for Ecaudor. Michele Labrut Go to seatrade maritime

Stolt-Nielsen buying out Avenir LNG major shareholders Golar LNG and Aequitas Ltd are selling their stakes in Avenir LNG putting Stolt-Nielsen Gas in control. Marcus Hand Go to seatrade maritime

Take a tour of the Port of LA by drone US West Coast gateway Port of Los Angeles has showcased its facilities in spectacular drone footage. Marcus Hand Go to seatrade maritime

Seatrium wins bp floating production unit newbuild contract The Singapore-yard group is to carry out engineering, procurement, construction and onshore commissioning (EPC) for the floating production unit (FPU) to be deployed in the Gulf of Mexico. Marcus Hand Go to seatrade maritime

Cosco Shipping’s tanker arm plans billion-dollar fleet expansion Chinese shipowning giant Cosco Shipping Energy Transportation is to raise RMB8 billion ($1.1billion) to finance newbuildings. Katherine Si Go to seatrade maritime

Seatrade Maritime Qatar to explore pathways to building local talent pool Cross-sector experts to focus on collaborative approach Seatrade Maritime Go to seatrade maritime

Transforming trade relationships and port efficiency with HPC Hamburg Port Consulting Maritime Single Windows and Port Community Systems are a means of supporting regional stability and trade efficiency. Gary Howard Go to seatrade maritime

Dry bulk freight rates hit 23-month low The dry bulk shipping market has continued its miserable start to 2025 falling to its lowest levels in nearly two years. Marcus Hand Go to seatrade maritime

Hengli lines up LNG and ammonia capabilities with GTT The fast-growing Chinese shipbuilder has inked a technical assistance and license agreement to use GTT’s containment systems. Katherine Si Go to seatrade maritime

Container rates drop sharply as Houthi Red Sea threat lifts Spot container freight rates have continued to fall sharply as the Houthi threat to the Asia – Europe trade recedes. Marcus Hand Go to seatrade maritime