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CONGESTION, delays and higher costs caused by supply chain disruptions have resulted in some importers having to pays four to 11 times as much for ocean freight as they did …
South Korea’s Hanwha Group completed the acquisition of Philly Shipyard on December 19 in a deal valued at approximately $100 million. The company emphasized its plans for the growth of …
We talk with renowned maritime archaeologist James Delgado about the recently found US Navy destroyer USS Stewart. Stewart was a century-old US Navy destroyer that earned the unenviable distinction o
We talk with renowned maritime archaeologist James Delgado about the recently found US Navy destroyer USS Stewart. Stewart was a century-old US Navy destroyer that earned the unenviable distinction o
Flocean has raised 100M NOK ($9m) in Series A funding to develop sustainable desalination technology and provide freshwater access worldwide. The round was led by Burnt Island Ventures, Nysnø Clima
News 19 Dec 2024 by Simon Walton The enormous gantry cranes in the yards of Harland & Wolff, shipbuilders, Belfast. © Courtesy of photographer August Schwerdfeger Harland & Wolff, the …
Key maritime stakeholders collectively emphasize the need for a human-centered approach to sustainability, highlighting that seafarers’ welfare directly influences safety, efficiency, and environmenta
Is it game over for U.S. East Coast port employers? That was the initial feeling when President-elect Donald Trump publicly backed the International Longshoremen’s Association in its bitter fight to
‘We have to move on what’s scalable right now. ‘There’s no time to lose.’ Höegh Autoliners CEO Andreas Enger explains the company’s rationale behind choosing ammonia to power the last …
Is it game over for U.S. East Coast port employers? That was the initial feeling when President-elect Donald Trump publicly backed the International Longshoremen’s Association in its bitter fight to
China has solidified its position as the world’s leading builder of container vessels, commanding a staggering 68.5% of the global orderbook in terms of TEU (twenty-foot equivalent unit) capacity. Thi
By Charlotte Goldstone 18/12/2024 China has become the undisputed front-runner in containership building, with an orderbook, extending to 2030, nearly triple that of its main competitor, according to
By Gavin van Marle 18/12/2024 Following yesterday’s announcement from Japanese container line ONE that it is to participate in three transatlantic services with Ocean Alliance carriers, there was fur
The current three-alliance structure in container shipping has been present since April 2017, and will be for another month, before a new structure takes its place in February 2025. Looking …
18-December-2024 The Baltic Exchange’s dry bulk sea freight index, which measures rates for ships transporting dry bulk commodities, declined on Tuesday as rates decreased across all bulk carrier seg
Britain sanctioned 20 ships on Tuesday for allegedly carrying illicit Russian oil, its latest measures targeting Russia’s so-called shadow fleet in response to the 2022 invasion of Ukraine. The Briti
As a co-author and signatory of a recently published whitepaper entitled “Antifouling biocides: a key contributor to sustainable shipping” I-Tech, the developers of the barnacle repelling technology,
Tanco Terminals invests $8M to expand Lake Michigan ops at Ports of Indiana-Burns Harbor Written by Heather Ervin Tanco Terminals is constructing a $8.2 million expansion of its liquid tank …
By Alison Koo 17/12/2024 HMM has made good on its promise to return to the transatlantic trade, after a six-year absence. The South Korean flagship carrier today announced thel launch …
Tanco Terminals is constructing a $8.2 million expansion of its liquid tank farm at Ports of Indiana-Burns Harbor to support growth in Lake Michigan shipments. Tanco is a third-generation, family-owne
