Global News

Shipping Trade Groups Call on UN to Protect Seafarers

Shipping Trade Groups Call on UN to Protect Seafarers

Sixteen commercial maritime industry associations joined together in a letter to the Secretary-General of the United Nations Antonio Guterres calling for action while saying the current situation where merchant ships and their crews are being targeted is “intolerable”...

Danish Ferry Forced to Maneuver to Avoid Russian Warship

Danish Ferry Forced to Maneuver to Avoid Russian Warship

Danish media is widely reporting an incident this morning that involved a high-speed passenger ferry that was forced to maneuver when a Russian warship failed to yield or acknowledge the ferry which was underway at full speed. Shipping operator Molslinjen is...

Is China Ready to Put Solar Panels Out at Sea?

Is China Ready to Put Solar Panels Out at Sea?

China is increasingly seeking to put solar panels on the seas off its coastline, with some state-run companies experimenting as far offshore as 30 kilometers. A global leader in renewable energy, China has already been looking to the ocean to meet its future power via...

Red Sea crisis has negative impact on gas ship CII ratings

Red Sea crisis has negative impact on gas ship CII ratings

The firm’s statistics recorded 64 LNG carriers navigating through the Gulf of Aden and Suez Canal during January and February 2023. In the same period this year, the number had fallen to just seven. In the reverse direction, 59 vessels took the Suez/Gulf of...

Tangshan port adds two large bulker berths

Tangshan port adds two large bulker berths

The northern Chinese port of Tangshan in Hebei province is planning to build a 300,000 tonnes-class bulk cargo berth and a 300,000 tonnes-class ore berth. These two new berths will bring 25.6 million tons annual cargo handling capacity to the port having a...

T&E survey shows lines profiteering over EU ETS charges

T&E survey shows lines profiteering over EU ETS charges

A study by the Brussels-based Transport & Environment group analysed 565 journeys taken by 20 vessels to and from Europe operated by four of the world’s largest carriers, Maersk, Hapag-Lloyd, MSC and CMA CGM, and found that the lines were over-charging in more...

Wartsila says fuel price parity possible by 2035

Wartsila says fuel price parity possible by 2035

In its report – ‘Sustainable fuels for shipping by 2050 – the 3 key elements of success’ – the Helsinki-based company declared that decisive emissions policies such as the inclusion of shipping in the EU Emissions Trading System (ETS) from January this year, and...

OceanScore boss warns of ETS compliance issues

OceanScore boss warns of ETS compliance issues

Grell cites demarcation of responsibility between owners, managers, and charterers, the buying and selling of EU Allowances (EUAs), charter party terms, and data management, as some of the issues that have not yet been properly addressed by many shipping firms. ...

Ports of Southampton and Singapore explore green partnership

Ports of Southampton and Singapore explore green partnership

The two ports discussed various areas of potential cooperation regarding sustainable maritime transport during the UK-Singapore Green Economy Framework (UKSGEF). The meeting was seen as paving the way for further discussions on green and digital shipping cooperation...

Documentation delays push industry costs to $3bn

Documentation delays push industry costs to $3bn

However, some shippers and forwarders believe an electronic payment system favours the shipping lines, who can use the system to make late payment charges, adding another minor revenue stream to their income. Container Trade Statistics calculates that around 173m...

Port of Los Angeles container volumes up 60% in Feb

Port of Los Angeles container volumes up 60% in Feb

The Port of Los Angeles handled 781,434 teu in February this year compared to 487,846 teu in February 2023. “Market confidence in our gateway is as strong as it’s ever been,” said Port of Los Angeles Executive Director Gene Seroka at a media briefing. “We’ve...

Wartsila says fuel price parity possible by 2035

Wartsila says fuel price parity possible by 2035

In its report – ‘Sustainable fuels for shipping by 2050 – the 3 key elements of success’ – the Helsinki-based company declared that decisive emissions policies such as the inclusion of shipping in the EU Emissions Trading System (ETS) from January this year, and...

Saudi launches port community system

Saudi launches port community system

The President of the General Ports Authority,  Omar bin Talal Hariri, explained that the launch of the PCS is part of MAWANI’s effort to channel technology to serve the maritime transport system, raise the efficiency of the operational performance of the Saudi...

DP World launches global freight forwarding network

DP World launches global freight forwarding network

DP World said that with businesses seeking increased control over their supply chains, its expansion comes at a pivotal time for the global logistics and supply chain industry. By expanding its freight forwarding offering, with a focus on air and ocean freight. DP...

Empty container availability fears slide as demand wanes.

Empty container availability fears slide as demand wanes.

Growth in empty repositioning since 2019 had seen an increase of 20% in terms of teu moved in 2023 compared to four years ago, but also the growth in full containers has increased globally by 2.5%, with an 8% increase in teu miles, according to one analyst using...

Argentina plans $550 million new port in Rosario

Argentina plans $550 million new port in Rosario

"We're announcing an investment for the construction of a new agro-industrial port in Timbues, on the Parana River," presidential spokesperson Manuel Adorni told a news conference, referring to a town some 50 km north of the city of Rosario,” Reuters reported. "The...

ICTSI reports 4% container volume growth in 2023

ICTSI reports 4% container volume growth in 2023

The company said the increase in consolidated volume was mainly due to the contribution of Manila North Harbour Port, Inc. (MNHPI) in Manila, improvement in trade activities, and new services at certain terminals. But volumes were impacted by the...

Heavy Lift Alliance Gets Bigger With Addition of Intermarine

Heavy Lift Alliance Gets Bigger With Addition of Intermarine

Three years ago, heavy lift operators Jumbo and SAL lifted a page from the liner sector and entered into an alliance agreement. That model has been successful enough that they are now adding a third member, Intermarine, which operates smaller multipurpose vessels in...