Rising costs - News

The San Pedro Bay ports of Long Beach and Los Angeles have released a final report on the current state and overall feasibility of using clean cargo-handling equipment technology, while working toward the 2017 Clean Air Action Plan (CAAP) Update’s 2030 goal of a zero-emissions cargo-handling fleet. The ports released a draft assessment in March 2022 for public review and comment. It built upon the inaugural 2018 assessment and examined the current state of technology, operational characte...

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) has stated that a revised working condition for Nigerian Seafarers is a major component of the proposed review of the NIMASA Act and the Merchant Shipping Act currently before the National Assembly for consideration. He stated this during the inauguration of the Tripartite National Joint Industrial Council (NJIC) meeting for the review of minimum standards for Nigerian Seafarers being hosted by the Agency an...

Siemens AG announced new leadership appointments in its Sustainability and Investor Relations departments, effective October 1. Eva Riesenhuber (49), currently head of Investor Relations, will assume the role of global head of Sustainability, and Eva Scherer (38), currently Chief Financial Officer (CFO) of the Rail Infrastructure and Software Business Units at Siemens Mobility, is appointed head of Investor Relations. Sustainability Jenny Bofinger (41), currently head of Sustain...

The construction of a new supersize slipway and new workboat pontoons is now underway at Pembroke Port. It marks a big step forward in the realisation of the Port of Milford Haven’s vision for the Milford Haven Waterway to play a vital role in driving new green growth across the region, while supporting the country’s transition to a net zero future. The new slipway will provide maximum flexibility for the launch and recovery of marine energy devices and vessels, while the pontoons w...

The container throughput trend in the Port of Hamburg in the first half of 2022 was more positive than expected. The total throughput of 4.4 million TEU, 20-ft standard containers in the first six months of the year represented slight growth of 0.9 percent. Growth in container handling Compared to the major competing ports of Antwerp-Bruges, Rotterdam, and Bremen/Bremerhaven in Northern Europe, all reporting downturns in container handling, Hamburg was the only major port in the range to repor...

The new P4G-Getting to Zero Coalition report “Shipping’s energy transition: strategic opportunities in Indonesia” explores the potential for Indonesia to accelerate and benefit from international maritime decarbonisation.  The report finds that Indonesia has several opportunities to leverage the global transition to zero-emission marine fuels toward key national objectives. However, achieving this will require targeted action in order to unlock these opportunities. Inter...

After a period of restrictions due to COVID-19 and the cancellation of many exhibitions, JRC | Alphatron Marine is once again proud to present her products, innovations, and solutions at SMM, one of the world’s largest exhibitions. At the 30th edition of this exhibition they will show a total package with professional deepsea and inland equipment, demonstrate their new modular consoles and introduce the new AlphaRiverPilot MFS. Motion control system At SMM they will present their latest...

The Head of Business Intelligence of the Port Authority of Valencia (PAV), Manuel García, participates in the Seminar ‘International Friendship Cities on Marine Economy and Port Cooperation’. China accounts for 15% of Valenciaport’s total container traffic. Over the last 10 years, Valenciaport has handled five million import and export containers (TEUs) with the Asian country. China is Valenciaport’s main trading partner and represents 15% of the total container t...

The most environmentally friendly marine incinerator is making an impact in the marketplace. Another milestone for the new incinerator, X10 TITAN, is reached. The market has indeed welcomed this incinerator and the company’s order book is counting more than 50 plants since the introduction about 18 months ago. Especially the large international Chinese shipyards have received the X10 TITAN well and already ordered X10 TITAN for containerships, LNG carriers, and tankers. Designed for mo...

Astrup Fearnley, Veracity by DNV, and Microsoft Norway joined forces at this year’s Nor-Shipping to demonstrate how digital innovation can empower industry change, while connecting with tomorrow’s talent today. Lars-Henrik Folke Ossum, Chief Digital Officer at Astrup Fearnley, reveals all. “This was partnership in action – showing how different organisations, industry professionals, students, and a key ocean business arena can work together to address the maritime challe...

International Container Terminal Services, Inc. (ICTSI) is empowering port users to make better, more timely business decisions with the launch of the ICTSI App, a tool that gives port users access to the Company’s newest digital services. ICTSI’s latest innovation grants port users real-time access to critical logistics data across ICTSI’s global operations. Using the app, port stakeholders can monitor trucks, containers, and vessels, as well as view payment estimates from co...

Ocean Wise are proud to announce a recent contract win with the Port of Tyne, in the United Kingdom (UK), to provide an environmental monitoring solution to support operational decision making across the Port of Tyne’s jurisdiction. New monitoring equipment The project involves installation of new monitoring equipment, as well as integration with a suit of existing sensors, in order to deliver ongoing, accurate and reliable, real-time tide and weather data. The Port of Tyne is one of UK...

Rolls-Royce announces that Tufan Erginbilgic has been appointed Chief Executive Officer and an executive director of Rolls-Royce Holdings plc. Tufan will take up his new role on 1 January 2023, succeeding Warren East who, on 24 February 2022, announced his intention to step down at the end of this year. Tufan, who has a background in engineering, has built his career in international business including over 20 years with BP, with five years as part of its executive team. In his last role before...

Maersk successfully completed the first India-Bangladesh cross-border logistics of containerised cargo using the inland waterways of the Indo-Bangladesh Protocol Route for Coca-Cola Bangladesh Beverages. By transporting 50 containers (TEUs or Twenty Feet Equivalent Units) from Kolkata in India to a river port near Dhaka in Bangladesh on a barge on the National Waterways 1 on the India side, Maersk has created a new opportunity for customers to use the faster, more reliable inland waterways solu...

SCH’s (Southampton Cargo Handling Plc) sister company - Cruise and Passenger Services Ltd (CPS) has expanded its cruise parking operations in Liverpool, United Kingdom (UK), with the acquisition of a new secure compound for passenger vehicles. The site located adjacent to Liverpool Cruise Terminal (LCT) can accommodate over 100 cars and will enhance the service provided by LCT for passengers who are boarding cruise ships in the port of Liverpool. Cruise and Passenger Services Ltd (CPS)...

SEE MONSTER, a decommissioned North Sea offshore platform that is set to become one of the UK’s largest public art installations, arrived by sea in Weston-super-Mare on Tuesday, 12 July. The transformation of the platform is a world-first that aims to inspire global conversations about the repurposing of large industrial structures and design-led solutions to sustainable futures. Transport and construction The 450-tonne platform will be transported on a flatbed barge as large as a footb...

    HyCC has launched Project H2era to construct a 500-megawatt green hydrogen plant in the Amsterdam port area. The project, launched in cooperation with the Port of Amsterdam, is a major step forward in the development of the regional hydrogen economy to help decarbonise industry and mobility. Green hydrogen “The use of green hydrogen is crucial to reduce emissions from industries such as steel, chemicals, and aviation,” says Marcel Galjee, Managing Directo...

Unifeeder is delighted to announce that they have signed a three-year deal with technology company -  ZeroNorth, as part of their green agenda strategy. The deal will see Unifeeder implement the full suite of services included in ZeroNorth’s platform, as well as ClearLynx’s bunker solution, as part of the company’s ambitious decarbonisation efforts and green agenda strategy. Unifeeder – ZeroNorth partnership The partnership with ZeroNorth will give the Unifeeder f...

Golden Ocean Group Limited, one of the world’s largest listed dry bulk shipowners, announces that it has entered into agreements for the construction of three high-specification 85,000 dwt ECO-type dual-fuel Kamsarmax vessels, which will be equipped with the latest and most efficient propulsion system. Additionally, the Company announces the sale of two Ultramax vessels, Golden Cecilie and Golden Cathrine. Seven newbuilding vessels The newbuilding vessels will have the same specificatio...

The Valencia Container Freight Index (VCFI) for June 2022 has broken its upward trend with a decrease of -2.19% compared to the previous month. Since July 2020, when it fell by 2.72%, the trend has been one of constant growth (except for February 2022 with -0.19%). The Index stands at 4,647.32 points, accumulating a growth of 364.73% since the beginning of the series in 2018. As for the different areas that make up the VCFI, the general trend has been downward, with the Central America and Car...

The company Zeleros presented this morning in the Port of Sagunto its SELF (Sustainable Electric Freight-forwarder) project to develop its sustainable container movement system based on the hyperloop initiative, which will have a test track located in the Sagunto area. The event was attended by the president of the Port Authority of Valencia (PAV), Aurelio Martinez, the mayor of Sagunto, Dario Morena, and the CEO of Zeleros, David Pistoni. Innovation and sustainability The president of Vale...

Tokyo-based Classification Society - ClassNK has released the latest ‘ClassNK Technical Journal’, which has been published for contributing to the development of the maritime industry, through the outcome of R&D (Research & Development) and technical activities. ClassNK Technical Journal The latest issue ‘ClassNK Technical Journal No.5 2022 (I)’ focuses on ‘Zero-Emission Ships’, including efforts of the planning and design of next-generation greener...

As plans emerge that Maritime UK (MUK) is to support several potential stakeholders to establish a South East regional cluster organisation reportedly led by Dieter Jaenicke, Viking Maritime Group, they do welcome the continued emergence of MUK as a single leadership association for the maritime sector, as it strives to act as a conduit for bringing coherent sector support and reduced bureaucracy to add weight to arguments for infrastructure improvements and destination making, to stimulate econ...

It’s been another bumper month for long-term contracted ocean freight rates, as the cost of securing container shipments climbed by 10.1% in June 2022. Following on the heels of a record 30.1% hike in May 2022, this now means rates stand 169.8% higher than this time in 2021, with just two months of declines in the last 18 months. Despite a degree of macro-economic uncertainty clouding the horizon, all major trades saw prices moving up, with some corridors showing significant gains. Xenet...

The Federal Republic of Nigeria has signed an Exchange of Note(E/N) with the Japanese Government for an Economic and Social Development Programme involving the acquisition of a High-Speed Boat to reinforce services for coastal security in Nigeria, with the Nigerian Maritime Administration and Safety Agency, NIMASA, as the implementing partner. The Honourable Minister of State Federal Ministry of Budget and National Planning, Prince Clem Agba signed on behalf of Nigeria, while the Ambassador Ext...

The Port Authority of Valencia (PAV) and the Provincial Council of Valencia have organised the first ‘Cruise Tourism’ training course, aimed at municipal technicians and tourism agents. A meeting point to expand the tourist offer, offered by the destination of Valencia for cruise passengers, with sustainable experiences in municipalities of the province, beyond the city of Valencia, and to work to deseasonalise cruise tourism that calls at the Port of Valencia, in Spain. From the p...

Maritime welfare charities are pulling together to publicise the support available to seafarers who have been made redundant, including ex P&O Ferries staff. The Maritime Charities Group Redundancy and Retraining Bursary provides help towards the cost of training to stay in maritime while The Seafarers’ Charity‘s UK Maritime Anchor Fund provides financial help, relationship counselling and mental health and wellbeing support. Taken together this package of measures is helping se...

Ocean Infinity, in pursuit of its’ objective of transforming maritime operations through the deployment of innovative technologies, is excited to announce the development of zero-emission, remotely operated, and autonomous ready, short sea container vessels that will operate between Norway and the Netherlands, creating one of Europe’s first zero-emission maritime ‘green corridors’.   SeaShuttle programme In partnership with Samskip B.V, a global logistics comp...

Korea Shipbuilding & Offshore Engineering (KSOE) and its subsidiary - Hyundai Heavy Industries (HHI) have received an Approval in Principle (AiP) from DNV for their newly developed waste heat-derived LNG fuel supply system - Hi-eGAS (Hyundai High Efficient Gas Supply System) for 300K VLCC. Currently, LNG fuel propulsion ships have used boilers to make hot steam, which has converted LNG into a gas at room temperature, to supply a ship’s engine. However, this process has the disadvantag...

Yang Ming Marine Transport Corp. is delighted to announce the launch of its latest Far East-West Coast of Latin America service in July 2022. The new service will offer customers broader service coverage and ensure more reliable services in the FE-WCSA trade. The new SA8 service is jointly operated by Yang Ming, WAN HAI LINES LTD., and Pacific International Lines Pte Ltd (PIL). A fleet of eight 2,400-3,700 TEU vessels will be deployed on the weekly service, two of them are from Yang Ming. The f...