Tag: seatrade maritime

Seafarer exodus casts a shadow over maritime safety Seafarers are leaving for shore in growing numbers and the labour drain threatens not only maritime safety generally but also the switch to new fuels. Paul Bartlett Go to seatrade maritime

Windcat contracts Damen for new offshore support vessel series The vessels feature a larger deck space and designed to accommodate 190 people Michele Labrut Go to seatrade maritime

Norden picks up more parcelling power from Taylor Maritime Former Island View Shipping-branded cargo activities in Southern Africa added to Norden’s parcelling purchasing spree. Gary Howard Go to seatrade maritime

Ukraine adopts Houthi like tactics in dark fleet tanker attacks Ukraine’s security services have claimed responsibility for the drone attacks the dark fleet tankers Kairos and Virat. Go to seatrade maritime

Innovative offshore vessel designs with Ulstein From concept to creation – the world of unique offshore vessel designs with Ulstein Designs and Solutions Marcus Hand Go to seatrade maritime

Eastern Pacific Shipping orders 12 newbuilds at Hengli The fast-expanding private shipbuilder, Hengli, has bagged nearly a hundred vessel orders this year Katherine Si Go to seatrade maritime

China’s permanent mission to the IMO officially inaugurated China to deepen exchanges, co-ordination and co-operation with IMO Secretariat and member states, says Chinese ambassador to the UK. Katherine Si Go to seatrade maritime

Top maritime news stories for week ended 28 November Maersk to return to Suez or maybe not, a container ship on fire, and Asia dominates leading container ports ranking Marcus Hand Go to seatrade maritime

ONE container ship returns to berth in Port of LA after fire The ONE Henry Hudson has successfully returned to berth at the Yusen Terminal in the Port of Los Angeles. Marcus Hand Go to seatrade maritime

Fire hit ONE container ship to be moved back to berth With the fire fully contained on the ONE Henry Hudson in the Port of LA operations are underway to move the vessel and unload its cargo Marcus Hand Go to seatrade maritime

The power of electrification with ABB Marine & Ports The latest developments in marine propulsion, hybridisation, and electrification Marcus Hand Go to seatrade maritime

When should ports help in a casualty? Incidents such the MSC Elsa 3 and the X-Press Pearl have highlighted the issue of providing a port of refuge Go to seatrade maritime

Shanghai port container volume up 6.5% The world’s largest container port has posted solid growth for the first 10 months of 2025 against a backdrop of geopolitical upheaval. Katherine Si Go to seatrade maritime

First four green corridors hit ‘realisation’ stage Annual update identifies 25 new green corridors and 19 initiatives which have advanced to the next development stage, including two in operation. Gary Howard Go to seatrade maritime

Container lines braced for tough winter Mixed messages from ‘experts’ is clouding the reality that the container shipping market is in a downward spiral, with only the charter market defying economic gravity Nick Savvides Go to seatrade maritime

Maersk moves towards Suez transit return Suez Canal Authority says Maersk transits would be a precursor to a full return while it claimed CMA CGM would fully resume transits in December Marcus Hand Go to seatrade maritime

Asia dominates new leading container ports survey Singapore ranks highest overall and in all five categories of new DNV and Menon report on container ports. Marcus Hand Go to seatrade maritime

China Zhongyun International partners on Aktau port construction Chinese company to participate as strategic partner in $300m construction of port in Kazakhstan. Katherine Si Go to seatrade maritime

NorthPort boosts capacity with new mobile harbour cranes MHC and RTG investments to cut operational emissions and enable service of more vessels simultaneously. Michele Labrut Go to seatrade maritime

Hudong-Zhonghua Shipbuilding LNG carrier delivery sets China record The delivery of Hudong-Zhonghua Shipbuilding’s ninth LNG carrier this year sets an annual delivery record. Katherine Si Go to seatrade maritime

DP World investing $275m in Port of Santos expansion Previously-announced expansion works to bring terminal capacity two 2.1m teu by 2028 over two phases. Michele Labrut Go to seatrade maritime

Korean first mate receives IMO bravery award for rescuing 12 crewmates Suonion salvors receive IMO commendation for bravery and exemplary seamanship averting environmental catastrophe from burning tanker. Gary Howard Go to seatrade maritime

Public-listed Jones Act companies – an endangered species Just three Jones Act shipping companies are listed in the US in 2025 compared to eight back in 2008 Barry Parker Go to seatrade maritime

The way ahead for maritime decarbonisation with Everllence Everllence is at the sharp end of maritime decarbonisation developing new engines to run on alternative fuels Marcus Hand Go to seatrade maritime

Intertanko committed to global framework for emissions Independent tanker owners have restated their backing of a single framework for emissions from shipping at the IMO Marcus Hand Go to seatrade maritime

AD Ports takes stake in Egyptian container terminal operator The Adu Dhabi based ports company continues on the expansion trail this time in Egypt. Michele Labrut Go to seatrade maritime

US shipping IPOs dry up, mergers and privatisation dominate Only two major shipping listings on New York markets since the 2010’s Euronav and Zim. Barry Parker Go to seatrade maritime

APM Terminals investing in Callao port expansion AP Moller – Maersk owned terminal operator investing $550 million in the Peruvian port Michele Labrut Go to seatrade maritime

Singapore awards three methanol bunkering licenses Three companies awarded five-year licenses to supply methanol in the world world’s largest bunkering port Marcus Hand Go to seatrade maritime

Fossil fuel producers win the day at COP30 The final communique from COP30 fails to directly mention fossil fuels with deep divisions coming to the fore in Belem Paul Bartlett Go to seatrade maritime

Fire stricken ONE container ship towed to anchorage in Port of LA A fire started onboard the ONE Henry Hudson while at berth in the Port of LA has now been brought “substantially under control”. Marcus Hand Go to seatrade maritime

Maersk launches logistics centre in Shanghai The Danish shipping and logistics giant is establishing an international omnichannel fulfilment centre in Shanghai. Katherine Si Go to seatrade maritime

Top maritime news stories for week ended 21 November What caused the Dail disaster in Baltimore, Fortescue boss accuses thugs of delaying net zero framework, and Zim and Hapag-Lloyd gear up for Red Sea return Marcus Hand Go to seatrade maritime

Capesizes set to lead buoyant 2026 dry bulk market The Baltic Dry Index hit a 19-month high on 20 November but rates are likely to strengthen further according to analysis by Drewry. Paul Bartlett Go to seatrade maritime

Diversity in the workplace with WISTA and IMO The latest episode of Seatrade Maritime Podcast focuses on women in maritime and the recent WISTA AGM in Barcelona Marcus Hand Go to seatrade maritime

Zim awaits insurers green light for Red Sea return The New York-listed container line is returning chartered tonnage in anticipation of weaker market. Marcus Hand Go to seatrade maritime

Hapag-Lloyd plans Red Sea return when time is right Having a ready-made plan for the return to Suez Canal transits will still be a challenge for carriers and shippers alike Nick Savvides Go to seatrade maritime

Shipping investors cough up $35m for FEET World-first GCMD ‘pay-as-you-save’ ship energy efficiency fund to offer upfront finance for up to 100% of retrofit costs. Gary Howard Go to seatrade maritime

Report calls for systemic action on seafarer wellbeing as strategic priority for sustainable shipping Seafarer Hospital Society says seafarer health and wellbeing must be treated as a business-critical strategic priority, not just a welfare concern. Gary Howard Go to seatrade maritime

CMA CGM to expand Khalifa port terminal AD Ports Group joint venture terminal experiences strong demand in its first year Michele Labrut Go to seatrade maritime

Nigeria LNG orders newbuilds at Hudong-Zhonghua Shipbuilding Shipping unit Bonny Gas Transport chooses Chinese shipyard for fleet renewal contracting three LNG carriers. Katherine Si Go to seatrade maritime

Yangzijiang Maritime Development debuts on SGX Yangzijiang continues to diversify business with the third company listed on Singapore Exchange Mainboard. Katherine Si Go to seatrade maritime

Loose wire led to Dali destroying Baltimore Key Bridge: NTSB A loose wiring connection on the container ship Dali sparked a chain of events resulting in a fatal allision with the Francis Scott Key Bridge in Baltimore Barry Parker Go to seatrade maritime

HMM in LPG shipping jv with BGN Group The South Korean shipping company returned to LPG shipping earlier this year and plans a fleet of 20 vessels by 2030 Marcus Hand Go to seatrade maritime

Tanker orderbook grows, concern over elderly vessel numbers The tanker orderbook has surged over the last 20 months and the lack of scrapping elderly vessels, many carrying sanctioned cargoes, poses a significant threat. Paul Bartlett Go to seatrade maritime

International Green Fuel Alliance founded in Hong Kong Alliance aims to tackle major bottlenecks in the supply chain for alternative fuels Katherine Si Go to seatrade maritime

Shipping lines gear up for post-Red Sea crisis restructure Container carriers have benefitted financially through various crises, but they are now planning for a new, tougher, future. Go to seatrade maritime

Baltimore Key Bridge rebuilding costs more than double Officials from Maryland say it will take until 2030 to rebuild bridge destroyed in an allision with the container ship Dali. Marcus Hand Go to seatrade maritime

Audacia launches new-gen fuels fund French private equity firm rolls out $175 million fund for alternative fuels Michele Labrut Go to seatrade maritime

Hong Kong Shipowner Mutual Assurance Association officially debuts Establishment of Hong Kong Shipowner Mutual Assurance Association witnessed by Hong Kong chief executive, John Lee. Katherine Si Go to seatrade maritime

LR signs collaboration MoU with Jinan Shipyard Qatar Free-Zone yacht and tug yard to align with LR class requirements. Gary Howard Go to seatrade maritime

Connecticut Maritime Association honours Jim Lawrence with renamed award The Commodore Award becomes The Jim Lawrence Commodore Award in tribute to the maritime visionary who transformed industry networking and championed international shipping. Seatrade Maritime Go to seatrade maritime

Red Sea outlook remains uncertain for tankers Analysis by London-based broker, Gibson, suggests that the latest ceasefire between Israel and Hamas may have raised hopes that tankers will resume Red Sea voyages. Paul Bartlett Go to seatrade maritime

Call for experts to sail with new equipment on ships Crew say they need on board practical training in new technologies being installed on vessels for the energy transition. Marcus Hand Go to seatrade maritime

Fortescue’s Forrest says ‘thugs’ and ‘gangsters’ delayed IMO NZF COP30: The delay in implementing the IMO’s Net Zero Framework is exposing the divisions that exist within shipping and society Nick Savvides Go to seatrade maritime

DHL Global Forwarding expands facilities in Vietnam Vietnam is seen as a beneficiary of global trade realignments caused by US tariffs. Marcus Hand Go to seatrade maritime

DSIC adds contracts for 30 newbuilds The Dalian shipyard adds orders for container ships, tankers and bulk carriers Katherine Si Go to seatrade maritime

AD Ports taking Syrian container terminal stake The Abu Dhabi-based ports group has agreed to buy a 20% stake in the terminal from CMA CGM Michele Labrut Go to seatrade maritime

COP30: NGO’s demand action on shipping emissions A group of non-governmental organisations call for governments to step up their efforts to decarbonise the maritime sector after the delay of the IMO Net Zero Framework Nick Savvides Go to seatrade maritime

Evergreen orders 14 LNG dual-fuel boxships $2.8bn outlay is the second large Evergreen order split between Chinese and South Korean yards. Katherine Si Go to seatrade maritime

CMA CGM takes 20% Stake in Eurogate Hamburg The Hamburg container terminal is set for expansion to 6 million teu in capacity Michele Labrut Go to seatrade maritime

Inchcape Shipping Services expands in Mexico Port agency adds new office in Mexico’s largest port of Manzanillo Michele Labrut Go to seatrade maritime

Damen acquires UK-based IME Group The Southampton based marine repair company has a longstanding relationship with the Dutch shipyard group Michele Labrut Go to seatrade maritime

Yang Ming Q3 profits sink by 78% The Taiwanese shipping line has faced global trade policy uncertainty and geopolitical risks Katherine Si Go to seatrade maritime

Samsung Heavy Industries to build AET LNG dual-fuel suezmax tanker pair Tanker owner pursuing LNG and ammonia as future fuels for its diverse fleet. Gary Howard Go to seatrade maritime

MACN proves ‘Saying No’ to corruption works By combining their efforts 220 companies have successfully cracked down on bribery Marcus Hand Go to seatrade maritime

Africa’s largest greenfield mine project Simandou kicks off The first 10,000 tonne batch of iron ore from Simandou set sail from Morebaya by barge for transhipment to bulk carrier Winning Youth. Katherine Si Go to seatrade maritime

MAGA, move over for Make American Cranes Again The AAPA has plans to revitalise US cargo handling equipment manufacturing to avoid a freeze in port development. Barry Parker Go to seatrade maritime

Anemoi lands fourth Vale-related VLOC deal Iron ore charterer continues its ore carrier sustainability drive with a fourth chartered vessel now fitted with Rotor Sails from London-based Anemoi. Paul Bartlett Go to seatrade maritime

Seafarers routinely have to falsify work and rest hours Speakers at Seatrade Maritime Crew Connect Global highlighted massively long work weeks for ship’s crew and falsification of records. Marcus Hand Go to seatrade maritime

Middle East tensions preclude carriers’ Suez return Container shipping lines face a number of barriers that will prevent them from returning tonnage to the Suez Canal, plummeting spot rates is one of them. Nick Savvides Go to seatrade maritime

China’s suspension of special port fee on US vessels begins Ministry of Commerce also announces suspension of countermeasures against five US-linked Hanwha Ocean subsidiaries. Katherine Si Go to seatrade maritime

Ming Yang and Buhawind partner on offshore wind power project Comprehensive joint feasibility study to explore planned 2 GW offshore wind project in the Philippines. Katherine Si Go to seatrade maritime

Norwegian owner inks LOI for tankers from Indian yard Shipbuilding in India will boost the country’s export income with a first major vessel order from Rederiet Stenersen at SDHI Nick Savvides Go to seatrade maritime

Shore leave crisis for seafarers Workload and lack of time in port result in crew spending months on board ship without ever setting foot on land. Marcus Hand Go to seatrade maritime

Middle East maritime thriving on capital, government leadership The Middle East’s maritime transformation is faster and on a larger scale than that seen in Singapore, panel says. Gary Howard Go to seatrade maritime

High profile Seatrade Maritime Round Table marks start of Crew Connect Global Industry leaders gathered to discuss making seafaring attractive to the digitally-connected, and where AI can help address the maritime skills gap. Seatrade Maritime Go to seatrade maritime

Peruvian Port of Matarani in $700m expansion The port operator is backed by BlackRock’s Global Infrastructure Partners. Michele Labrut Go to seatrade maritime

China Merchants Port invests in Brazil container terminal project China Merchants Port is strengthening its port business coverage in Brazil with a $280m investment in TCP. Katherine Si Go to seatrade maritime

SAL unites Its ocean services under SAL Intermarine Intermarine and Intermarine Bulk Carriers brought under SAL branding under new structure. Michele Labrut Go to seatrade maritime

Liner shipping slips down the decarbonisation table Research into scope one and three emissions shows many container operators performing poorly while Korean lines are failing to disclose green investments Nick Savvides Go to seatrade maritime

The Middle East reclaims its key role in the VLCC market OPEC+ has turned on the tap unwinding voluntary production cuts raising momentum for large tankers. Seatrade Maritime Go to seatrade maritime

Maersk mega logistics centre in Malaysia The Danish giant opens its largest contract logistics centre close Malaysia’s industrial heartland. Michele Labrut Go to seatrade maritime

Somali pirates target NYK tanker, crew of Latsco vessel rescued Another pirate attack leads to UKMTO warning for shipping to be extra vigilant off the Horn of Africa due to an active pirate cell Nick Savvides Go to seatrade maritime

US – China trade deal – a zero-sum game for shipping? Can the trade deal agreed by China and the US calm the global markets and by extension supply chains and the container shipping industry? Nick Savvides Go to seatrade maritime

Maersk and Sinopec partner on supply chain development The Danish and Chinese companies aim to expand shipping cooperation and intermodal services. Katherine Si Go to seatrade maritime

Top maritime news stories for week ended 7 November Suez Canal woos shipping lines, two tankers attacked by Somali pirates, and MSC gets even bigger. Marcus Hand Go to seatrade maritime

ICTSI port volumes up 11% in first three quarters Manila-headquartered terminal operator reports increases in volumes, revenues and profits. Michele Labrut Go to seatrade maritime

OneOcean showcases Human Capital and Digital Innovation OneOcean, Lloyd’s Register’s new global maritime brand, will lead discussions on decarbonisation, digital literacy, and training technology at the Crew Connect Global 2025 event in Manila. Go to seatrade maritime

Nature of P&I claims a concern, not their size, says America Club’s Ioannou Rogue decisions and claimants attempting to take advantage of the insurance system undermines risk assessment, says American Club CEO. Gary Howard Go to seatrade maritime

Terminals star performer in Maersk’s Q3 results The Danish shipping company reported falling profitability for container shipping but upped its full year forecast. Marcus Hand Go to seatrade maritime

Orca AI unveils Co-Captain data sharing with other vessels Subscribers to Orca AI’s digital navigation technology platform can now benefit from crowd connectivity through direct links between ships on the network. Paul Bartlett Go to seatrade maritime

Feast or famine for LNG owners depends on FIDs The global fleet of about 750 LNG carriers has been generating strong returns recently but the robust market is likely to weaken for at least a year or two. Paul Bartlett Go to seatrade maritime

Pirates board tanker off Somalia Hellas Aphrodite attacked by RPGs and small arms before being boarded, UKMTO reports. Gary Howard Go to seatrade maritime

Thales unveils next-generation GMDSS solution WaveLink Advanced prototype shown during Europort 2025 expands on mandatory GMDSS requirements with enhanced capabilities. Seatrade Maritime Go to seatrade maritime

Suez Canal Authority seeks container lines return The Suez Canal invites all shipping lines to make trial voyages as CMA CGM has tests the water with two eastbound sailings through the waterway and the Red Sea. Marcus Hand, Nick Savvides Go to seatrade maritime

Konecranes inks Indian port equipment contract Finnish company wins contract for hybrid yard cranes at Indian container terminal. Michele Labrut Go to seatrade maritime

Shore leave has never recovered from the pandemic A new study by the ITF Seafarers’ Trust shows a 61% decline in crew visiting seafarer drop-in centres ashore. Marcus Hand Go to seatrade maritime

Qatar Shipyard Technology Solutions expands WinGD engine servicing Engine aftercare and technical support expansion comes as 100 WinGD-powered LNG carriers to operate from Qatar from 2026. Gary Howard Go to seatrade maritime

Ningbo Ocean Shipping expands with Japan office New office with local partner will focus on the Japanese market and China – Japan trade relations. Katherine Si Go to seatrade maritime