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Cruise Ship Silver Moon Reverses Course to Avoid Southern Red Sea
The luxury cruise ship Silver Moon (40,700 gross tons) has become the latest ship to divert away from the southern Red Sea, altering the itinerary for its current cruise and canceling at least one upcoming cruise. The cruise ship operated by Silversea...
Video: Chinese Company Launches Massive Solid-Fuel Rocket from Sea
A Chinese company has launched its first heavyweight commercial rocket from the deck of a ship, reviving a concept popularized by the Sea-Launch consortium in the 1990s. Orienspace, based in Shandong, launched its first Gravity-1 rocket from the deck of a...
Suez Canal Denies Suspension of Transits Rumor After Red Sea Attacks
The Suez Canal Authority issued a statement on Friday, January 12, denying rumors that its operations had been impacted by the overnight strikes by U.S. and UK forces and the resumption of attacks by the Houthi rebels. The statement came as the military forces have...
IAEA Uses Nuclear Tools to Study Antarctic Plastic Pollution
Last week, the International Atomic Energy Agency (IAEA) launched its first scientific research expedition to investigate the extent of microplastics pollution in the Antarctica. Argentine President Javier Milei and IAEA Director General Rafael Mariano Grossi led the...
Norway’s Turn Towards Deep-Sea Mining Dismays Experts
Norway, renowned for its substantial offshore oil and gas reserves, made a surprise move in 2021 to rebrand itself as an ocean champion. However, this environmental turn is being reversed as the government pursues commercial mining in the country’s extended...
Belgium Plans Increased Fight Against Drug Trafficking Through EU Ports
Belgium intends to prioritize the fight against drug trafficking through the major ports in the European Union (EU) expanding on existing efforts to reign in the rampant smuggling and corruption at the region’s ports. Over the next six months, they plan to launch an...
Decorated Battleship New Jersey Set for $10M Repairs During Dry Docking
One of the most decorated and largest battleships in the history of the U.S. Navy which served in all of America’s major conflicts from 1943 to 1990 is set to undergo a $10 million overhaul. The decommissioned USS New Jersey, one of four Iowa-class battleships...
High Speed Internet at Sea
Low-Earth-orbit satellites are revolutionizing maritime connectivity – to the delight of shipowners and crew alike. Far above the planet, thousands of satellites are orbiting Earth. Some are taking high-resolution photographs and beaming them back to ground stations,...
Top ocean shipping stories of 2023: War, drought and detours
Ocean shipping routes are always in flux, but 2023 took it to a whole new level. Trade routes were blocked or impeded by geopolitics, labor and weather: sanctions on Russia, U.S.-China tensions, dockworker union unrest, drought-driven cuts at the Panama Canal, and...
Singapore Surpasses Three Billion Gross Tons for Annual Ship Arrivals
The port of Singapore is highlighting its position as a top maritime center as it crossed in 2023 for the first time the three billion gross tonnage mark for ship arrivals. Officials from the port and industry gathered to mark the milestone as Singapore looks to...
Lithium-Ion Battery Fire Contained Aboard Bulker off Dutch Harbor
The U.S. Coast Guard reports that the battery fire aboard the bulker Genius Star XI has been extinguished and that the crew are safe, days after the blaze began. The outcome was successful, but the fire illustrated the serious challenges inherent in fighting...
Russia Claims New Record for Cargo on the Northern Sea Route
As of the last week of 2023, Russian officials were claiming to have reached a record level of cargo moving along the Northern Sea Route while expecting to continue to increase the total to the end of the year. The reports are saying that volumes recovered from the...
More Than 280 Boxships Have Diverted Away From Red Sea
The degree of disruption from attacks on shipping in the Red Sea continues to escalate. As of Sunday, more than 280 container vessels - not counting tankers, bulkers, car carriers or other vessel classes - have diverted to the Cape of Good Hope, according to an...
Malaysia bars Israeli owned vessels and ships headed to the country’s ports
Malaysia has banned Israeli owned ships and vessels bound for the country’s ports in response to the war in Gaza. Marcus Hand | Dec 21, 2023 Malaysian Prime Minister Datuk Seri Anwar Ibrahim said on Tuesday it had imposed a ban on any vessels from ZIM...
Conflict and climate conspire to reroute container ships
Geopolitical and meteorological events are continuing to reshape global container shipping trading patterns as vessels look for alternatives to all water routes via the Suez and Panama Canals. Nick Savvides | Dec 19, 2023 Low water levels in the Panama Canal have...
Panama Canal transits plunge as larger ships are turned away
The official Panama Canal transit numbers for November are out — and they’re ugly. November could be the tip of the iceberg. Reservation slots are being slashed further this month and in January. The total number of transits declined 22% in November versus October,...
Saudi Arabia secured a remarkable score in the UNCTAD’s Liner Shipping Connectivity Index
In a significant development that aligns with the objectives of the National Transport and Logistics Strategy (NTLS), Saudi Arabia has solidified its competitiveness and global standing. The Saudi Ports Authority (Mawani) attained its highest improvement...
Singapore gets its first methanol bunkering vessel
Singapore has welcomed the delivery of its first methanol bunkering vessel, marking its commitment to serve as a living lab for bunkering alternative fuels. Michele Labrut | Dec 15, 2023 Singapore, a global maritime bunkering hub, has welcomed the delivery of its...
Salvage industry needs to prepare for new fuels
As the drive to develop new zero emission fuels intensifies the salvage industry must recalibrate its training programmes to handle the patchwork of fuels that will replace oil in the transition and beyond. Nick Savvides | Dec 11, 2023 A panel of industry experts...
12 container ships divert from Red Sea over terror threat.
Initially attacks on shipping in the Red Sea and the Straits of Hormuz, which have included hijackings and missile strikes, targeted Israeli-linked ships recent incidents such as the drone strike on the OOCL chartered containership Number 9 had no current Israeli...
Stronger Than Expected Volumes Prompt Increase in Forecast for U.S. Imports
Container import volumes at the main U.S. ports containers ports continued to grow into the fall leading to a later than expected peak this year and prompting forecasts for continuing year-over-year growth in 2024. With the U.S. economy appearing to be on a...
Container shipping outlook 2024: Rising risk of delays, disruptions
The supply chain crisis is long over, but America’s importers still have a lot to keep them up at night as they plan for 2024. Two key container shipping “chokepoints” — the Panama Canal and the Bab-el-Mandeb Strait in the Red Sea — are simultaneously...
Report Zero-Emission Fuels Could Add 50% to Container Shipping Costs
The early moves both among the container carriers and the shippers face substantially higher costs for transporting containers using the new generation of zero-emission vessels and fuels. A new report from independent UK consultancy UMAs seeks both to quantify some of...
Fortescue Unveils Ammonia-Fueled Ship Calling for Regulations to Catch-Up
Fortescue, an Australian mining company that is working to become a green technology company, reports it completed the retrofit to create the world’s first ocean-going ammonia-fueled ship. The company’s flamboyant founder and chairman Andrew Forrest arrived in Dubai...
The Virtual Watch Tower: A Public Good
Building the new economy revolves around data, internet-of-things (IoT), artificial intelligence (AI), cloud and federated computing. The shipper-driven, terminal-centric Virtual Watch Tower / VWT (www.virtualwatchtower.org) is a federated computing initiative,...
2024 Could be “Even More Brutal” for Container Carriers Warns Xeneta
The handwriting has been on the wall for some time with analysts warning that the container shipping segment was facing a prolonged period of hard times brought on by falling volumes, oversupply, and declining rates. Widely followed indicators such as the Drewry World...
Western Australian Government Unveils Plan for Relocation of Fremantle Port
Following years of intensive studies and consultations, the Western Australian (WA) government has unveiled its preferred design and location for the relocation of the container operations currently in Fremantle. The port, which handles nearly all the container...
Another Panama Canal red flag: Spiking product tanker rates
Product tanker rates from U.S. to Chile and Peru have doubled since Nov. 1 Yet another signal on the Panama Canal situation is flashing red: Spot rates are surging for product carriers — specialized tankers carrying diesel, gasoline and jet fuel — that transit the...
More ship recycling options for European owners as EU revises ‘waste’ definition
Owners of EU-flagged ships will now be able to dispose of vessels for recycling at demolition yards on the Indian subcontinent provided that they meet European Union Ship Recycling Regulation (EU SRR) criteria. This follows an agreement by the European Union (EU) and...
Illegal seafarer recruitment fees average $1,800
The charging of recruitment fees to seafarers is forbidden under the Maritime Labour Convention (MLC) but the practice is still widespread. Under the MLC there is the employer pays principle, however, a presentation by Ben Bailey, Director of Programme for Mission to...
Challenges still lie ahead with EU ETS for shipping
Implementation of the EU Emissions Trading System (EU ETS) for shipping is still creating challenges for the industry with some parts of the legislation yet to be enacted and decisions to be made on who will be responsible for paying the charges still undecided....
Durban Warns It Could Take 15 Weeks to Clear Backlog as 60 Ships Wait
Port officials in South Africa are reporting it is likely to take until 2024 and possibly till February to clear the current congestion that has built up at the container port in Durban. Consistently at the bottom of port rankings for efficiency, Durban is facing a...
‘Dire’ scenario for shipping lines more likely as spot rates fall back
There’s a lot at stake for container lines’ 2024 bottom lines in the last few weeks of 2023. If lines can’t push up spot rates very soon, next year’s annual contract rates will reset much lower versus this year’s. That scenario — which would have a very negative...
By 2030 all newbuildings will be dual-fuel capable
Discussing ‘Solutions heading for zero carbon’ at the Greener Shipping Summit in Athens last week, Michael Jeppesen, Promotion Manager, MAN Energy Solutions, said the company will “by the end of 2024, be able to deliver our first ammonia powered engine, a...
Thailand revives the Kra Canal but this time as a Landbridge.
Thailand is seeking investors for a $28 billion landbridge across the Isthmus of Kra which would allow shipping bypass the busy sea route of Malacca Straits, reviving the centuries old Kra Canal project. Thai Prime Minister Srettha Thavisin is expected to...
Container shipping – a return to ‘normal’
Port of Los Angeles (Port of LA) Executive Director Gene Seroka provided some very useful insights into developments at the Federal Maritime Commission (FMC) and on the ongoing efforts among transportation community participants to improve information flows in his...
El Niño wreaks havoc on global shipping patterns
Across every continent shipping is having to contend with the fallout from this year’s El Niño, a weather phenomenon that has helped cut drafts along major waterways, slashed agricultural production in key export markets, and could herald a stormy Pacific for vessels...
Panama Canal crisis forces US farm exports to detour through Suez
As a record-setting drought throttles transits through the Panama Canal, most of the focus has been on higher-capacity ships: the container vessels, liquefied natural gas carriers and liquefied petroleum gas carriers that use the larger Neopanamax locks. But...
DP World Australia Resumes Terminal Ops After “Serious” Cyber Incident
Terminal operations resumed at DP World Australia’s four locations after a weekend stoppage due to what government officials described as a “serious” cyberattack. The company’s ability to quickly recover from the incident however may be hampered by the Maritime Union...
Panama Canal restrictions: enough capacity for containerships but not gas carriers
Even restricting the Panama Canal number of Neo-Panamax transits to just five there should still be enough capacity for containerships, however, it will be a different story for other vessel types such as gas carriers. Marcus Hand | Nov 10, 2023 As Panama...
Panama Canal making drastic cuts to booking slots as drought worsens
Article-Panama Canal making drastic cuts to booking slots as drought worsens. The Panama Canal announced a series of sharp reductions in booking slots to just 18 daily by February 2024 following the driest month of October in 73 years. The Panama Canal stated in an...
Competition in container terminal market hots up as concessions end
Concessions to operate container terminals around the globe are coming to an end and the competition between terminal operators to win the new contracts on offer is intensifying in a number of locations. Drewry Shipping Consultants conducted a global survey of 27...
Bleak times ahead for container shipping: analysts
A series of analyst reports over the last week from Xeneta, HSBC Global Research, and Sea-Intelligence present a downbeat picture ahead for container shipping with overcapacity leaving carriers subsidising shippers on key routes. Despite a spell of super-profits as...
Flurry of Activity Along Black Sea Corridor After Multi-Day Stop
Ships are again moving along Ukraine’s Black Sea corridor after what appeared to be a multi-day stop in all traffic as a result of reports that Russian forces were again dropping explosive devices in the area. Despite continuing Russian activity, the ships are again...
Environmental Hazard as Cargo Ship Loses Containers in Canadian Far North
The Nunavut government and Canada are scrambling to deal with a potential environmental issue and boating hazard in the northernmost territory, a region located south of the Arctic Circle but with a polar climate and freezing cold for much of the year. Late on Friday...
Containerships Reach Highest Average Age Despite Newbuilds BIMCO Reports
The global container shipping industry is at the cusp of a major configuration in terms of fleet age as newbuilds prepare to enter service over the next two years and replace an aging fleet. According to the industry trade group BIMCO, the container fleet has reached...
Report: Containership Overcapacity Could Last to 2030 or Beyond
The container shipping segment could be beginning a much longer and more challenging period according to a new analysis from Sea-Intelligence. The Danish analytics firm issued a forecast this week highlighting that the container segment’s current level of overcapacity...
How Middle East war could impact global LNG, LPG shipping
War in the Middle East changes the geopolitical calculus for ocean shipping, compounding existing threats from Russia’s invasion of Ukraine. Two of the top energy cargoes at risk in the Middle East are liquefied petroleum gas (LPG) — propane and butane — and liquefied...
Chinese Line Files First Carrier Complaint with FMC Over Congestion Fees
Most of the complaints over congestion surcharges have been leveled by shippers and trucking companies against carriers and terminals, but in a reversal of fortune, the Federal Maritime Commission yesterday received its first complaint from a carrier against a...
E-fuels and retrofits likely to underpin decarbonisation drive
Two-thirds of the respondents in a recent Accelleron survey see a competitive advantage in the use of e-fuels and no fewer than 93% of the 200 participants believe e-fuels will make a decisive contribution to more sustainable shipping. Retrofitting existing ships is...
Local News
HSR decision still pending as existing projects are a ‘priority’: Malaysia minister
KUALA LUMPUR – Malaysia’s Cabinet has yet to discuss reviving the Kuala Lumpur-Singapore High-Speed Rail (HSR) project, as the government focuses on completing existing transport links that will support economic development and sustained growth, said Finance Minister...
Transport Ministry proposes new logistics hub in Nilai or Enstek
Minister Anthony Loke said the location is ideal due to its proximity to Kuala Lumpur International Airport (KLIA) and its strategic connectivity via highways linking the northern, southern, eastern, and western regions of Peninsular Malaysia. “We have initiated...
Logistics and connectivity: Cornerstones of Asean development, says Dr Wee
PETALING JAYA: Logistics and connectivity are key driving factors for Asean’s development, says Datuk Seri Dr Wee Ka Siong. The former Transport Minister acknowledged maritime transport’s essential role in international trade, adding that land or rail transport must...
Maritime laws need updates to stay relevant – Loke
PUTRAJAYA: Laws related to the maritime sector need to be amended from time to time to ensure they remain relevant to current developments and needs, said Transport Minister Anthony Loke. Loke noted that some of the laws in use for this sector are outdated as they...
Malaysia gears up for ASEAN 2025 Chairmanship with comprehensive preparations – KSN
PUTRAJAYA: Malaysia is actively preparing for its ASEAN 2025 Chairmanship, focusing on full readiness in logistics, security, cleanliness, meeting schedules, event management and documentation. Chief Secretary to the Government (KSN) Tan Sri Shamsul Azri Abu Bakar...
PM Anwar: RM1.24bil potential export to Peru generated
LIMA (Peru): Prime Minister Datuk Seri Anwar Ibrahim's maiden official visit to Peru has generated potential exports worth RM1.24 billion (US$0.3 billion), particularly in high potential sectors on the initiative of the Malaysia External Trade Development Corporation...
Malaysia, UAE look to bolster ties
DUBAI: Malaysia and the United Arab Emirates (UAE) are looking forward to bolstering ties across various sectors. Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi said his meeting with UAE’s Minister of Energy and Infrastructure Suhail Mohamed Al Mazrouei here...
Fast-lane initiative successfully speeds up foreign projects in Johor
KULAI: The Kulai Fast Lane initiative, which has proven to be a big success in facilitating investments in Johor, will be expanded under the Invest Malaysia Facilitation Centre (IMFC), says Johor Mentri Besar Datuk Onn Hafiz Ghazi. He added both state and federal...
Govt focusing on SST to stabilise economy, meet fiscal deficit target by 2028: Amir Hamzah
KUALA LUMPUR: The government is focusing on Sales and Service Tax (SST) instead of reintroducing the Goods and Services Tax (GST) to stabilise the economy and meet the fiscal deficit target by 2028, said Minister of Finance II Amir Hamzah Azizan. He explained that...
‘Need to cut excessive plastic use in logistics’
Consumer group calls for awareness programmes to seek alternatives, reduce packaging waste THE government is urged to broaden its focus on eliminating single-use plastics by addressing how they are also utilised in logistics, in addition to the retail sector. Malaysia...
MOT, KKR in final stages of developing High Speed Weigh-In-Motion system to combat overloading
KUALA LUMPUR: The Ministry of Transport (MOT) and the Ministry of Works (KKR) are in the final stages of developing a High-Speed Weigh-In-Motion (HS-WiM) system to address road accidents caused by overloaded vehicles. Transport Minister Anthony Loke said the...
Westports’ net profit rises to RM233.07mil in 3Q24
KUALA LUMPUR: Westports Holdings Bhd has posted a higher net profit of RM233.07 million in the third quarter ended Sept 30, 2024 (3Q 2024), compared to RM195.0 million in the same quarter a year ago. Revenue for the quarter rose to RM572.57 million versus...
Electric train service that will link Johor Bahru to north Malaysia hits another roadblock
KUALA LUMPUR – The Gemas-Johor Bahru electrified double-track rail project (Gemas-JB EDTP), which is expected to halve the journey time between Kuala Lumpur and Johor Bahru once it links up with the already up-and-running Padang Besar-Gemas line, has missed yet...
Port of Tanjung Pelepas Recognized with Supply Chain Innovator of the Year Award
BANGKOK, Nov. 01, 2024 (GLOBE NEWSWIRE) — Port of Tanjung Pelepas (PTP), Malaysia’s largest transshipment hub, was honored with the Supply Chain Innovator of the Year: Digital Transformation Award at the 2024 Supply Chain Asia Awards on Friday, Oct. 18. The...
PM Anwar urges logistics sector to maintain high standards of workforce skills and industry infrastructure
He pointed out the recent growth in investments in Selangor, Johor, and Kulim Hi-Tech, with more data centres and focus on AI being implemented in Malaysia. Prime Minister of Malaysia Anwar Ibrahim has called on all parties — including the Ministry of Transport,...
Malaysia’s Budget 2025: Impact for Businesses
On October 18, Malaysia’s government introduced its 2025 national budget – the largest in its history – to bolster the economy’s competitiveness by introducing new tax incentives, slashing subsidies, and developing new economic clusters. With an unprecedented 421...
Say goodbye to traffic jams: West Coast Expressway to ease North-South Expressway congestion, elevate local growth, says transport minister
TANGKAK, Nov 2 — The West Coast Expressway (WCE) from Banting, Selangor, to Gelang Patah, Johor, will serve as an alternative route to alleviate the traffic congestion frequently faced by motorists on the North-South Expressway (NSE). Transport Minister Anthony Loke...
Port operators should view KRA land bridge as opportunity to boost competitiveness – Loke
Transport Minister, Anthony Loke, instead said that port operators need to improve operational efficiency and formulate strategies, in line with Malaysia’s investor-friendly foreign policy, to compete with projects in the neighbouring country. “This is Thailand’s...
Growth In Demand For Relocation Services In Malaysia And Singapore Amid Market Challenges
(MENAFN- market Press Release) October 25, 2024 7:59 am - As global mobility increases and companies expand operations across borders, Malaysia and Singapore have witnessed a surge in demand for professional relocation services. [Kuala Lumpur, October 25,...
Shipping capacity in Asia strong despite global shocks: UNCTAD report
Asia is still the region best-connected to global shipping networks, according to the latest Review of Maritime Transport released by UN Trade & Development (UNCTAD). Asian economies retain top spots on the global liner shipping connectivity index, with China at...