Rising costs - News

The American people are looking for solutions to supply chain congestion resulting from the impacts of COVID-19. Unfortunately, the Ocean Shipping Reform Act of 2022, S.3580, which was marked up by the Senate Commerce Committee, addresses none of the root causes of the U.S. landside congestion. Americans continue to import goods at record levels—so much so that the U.S. ports and landside logistics workforce is unable to process all the cargo. Ocean carriers have deployed every vessel and...

The 12 talks take place in the Blue Economy Hall at Nor-Shipping’s Lillestrøm exhibition facilities, with hour-long sessions focusing on future strategies, solutions, and building partnerships capable of delivering sustainable ocean success. Nor-Shipping Director Sidsel Norvik says the programme offers ‘an unmissable opportunity’ to see ‘an industry A-list debating how to transform ocean ambition into reality.’ Nor-Shipping 2022 runs in Oslo and Lillestr&osl...

Clarksons Port Services (CPS) is advising businesses not to panic if they have outstanding supplementary declarations following the 175 day cut-off and they can still be completed. Supplementary declarations must be made after a business has completed an entry in its records or a simplified frontier declaration. However, if a business is bringing uncontrolled goods into Great Britain, it may be able to declare the goods by entering them in its records without getting authorisation in advance an...

Speaker of the House of Representatives, Honourable Femi Gbajabiamila Tuesday announces that the 9th Assembly embarked on the Amendment of the NIMASA Act 2007 and the Cabotage Act 2003 due to the need to improve the regulatory instruments in the Nigerian maritime sector to meet the need of current realities. Honourable Gbajabiamila stated this while declaring open the two-day public hearing by the House Committee on Maritime Safety Education and Administration on the Merchant Shipping Act, Repe...

Local New Zealand businesses are set to reap the benefits of a partnership between Babcock and the New Zealand Defence Force (NZDF) which will conduct maintenance and upgrade works on two decommissioned Royal New Zealand Navy (RNZN) Inshore Patrol Vessels before they are sold to the Republic of Ireland. Babcock and NZDF will regenerate and modify the ships – ex HMNZS Rotoiti and HMNZS Pukaki – to operational seaworthiness standards, supported by Babcock’s extensive supply chai...

ZIM Integrated Shipping Services Ltd. announces the launch of ZIM Ecommerce Baltimore Express (ZXB), a new and speedy e-commerce service, in March 2022. ZXB will operate on the following route: Yantian – Cai Mep - Baltimore – New York – Boston – Yantian. The service will commence with a bi-weekly frequency and build up to weekly within a few months. The exact schedule and vessels lineup will be published in the coming days. Customer service offering ZXB will be operate...

MetOcean is pleased to announce they will be exhibiting at Seafood Expo 2022 in Boston, Massachusetts, USA, from March 13-15, 2022. Serving as North America’s largest seafood trade exposition, Seafood Expo is the one-stop shop for everything seafood in this integral market. They are looking forward to connecting with partners and attendees in the industry and showcasing the latest MetOcean systems and Iridium products. Seafood Expo Seafood Expo North America and Seafood Processing North...

DNV has supported Hapag-Lloyd in obtaining financing for six of its highly efficient containership newbuildings according to the Green Loan Principles of the Loan Market Association (LMA). DNV has verified that the transactions fulfil the requirements of the programme. Sustainable fleets The decarbonisation of the world economy is the grand challenge of the coming decades. Shipping is no exception and pressure is escalating from regulators, financiers, customers, and the general public for shi...

MetOcean Telematics is pleased to announce they will be exhibiting at International Wireless Communications Expo (IWCE) in Las Vegas, Nevada from March 23-24, 2022. IWCE is the annual event for critical communications technology professionals around the world to gather and evaluate, learn and network with industry pioneers. They are looking forward to connecting with clients and attendees at the show, and showcasing MetOcean’s latest satellite communications technology. Visit the team at...

The International Labour Organisation (ILO), International Maritime Organization (IMO), United Nations Conference on Trade and Development (UNCTAD) and the World Health Organization (WHO) have issued a joint statement asking stakeholders to take action to support the world’s 1.9 million seafarers from being unduly impacted by the ongoing COVID-19 pandemic and associated restrictions. The statement comes in the wake of the Omicron COVID-19 variant of concern (VOC), which has, once again, c...

In response to President Biden’s planned attack on ocean carriers during Tuesday’s State of the Union Address, the World Shipping Council released the following statement: “It is unfortunate that the President is demonizing ocean carriers, the industry that is the backbone of the U.S. and global economy and that has been working around the clock through the pandemic to move more cargo than at any time in history.” Container shipping industry “Allegations that the...

Maritime UK, the umbrella body for the maritime sector, is launching the first national Pride in Maritime Day. Pride in Maritime Day is an initiative driven by the Pride in Maritime Network, a network established within Maritime UK’s Diversity in Maritime programme. Its remit has been to identify barriers faced by the LGBT+ maritime community, to educate and enable colleagues to empower and support them, and to share good practice policies and toolkits that support the LGBT+ colleagues ac...

In response to President Biden’s planned attack on ocean carriers during the State of the Union Address, the World Shipping Council released the following statement: Unfortunately, the President is demonising ocean carriers, the industry that is the backbone of the U.S. and global economy and that has been working around the clock through the pandemic to move more cargo than at any time in history. Correcting the allegations  Allegations that the container shipping ind...

Blue Water is pleased to announce the acquisition of Guyana-owned and operated Falcon Logistics Inc. and its proceedings as of February 16, 2022. "The acquisition of Falcon Logistics is a very exciting event in the world of Blue Water. It is yet another substantial commitment in the Caribbean region, and we are pleased to welcome more than 40 new colleagues in Guyana to the Blue Water family," says Thomas Bek, COO, Energy, Port & Projects, Blue Water. Maintaining full compliance In recent...

A Nigerian flagged Motor Vessel, MV VIGEO ADEBOLA which was reported to be distressed midstream Federal Ocean Terminal ONNE due to operational error has been moved to a better location clear away from the FOT Onne Channel. MV Vigeo Adebola had a port list on 10th February, 2022 due to the fact that it received potable freshwater from a barge and it received all in the port freshwater tank. Negative metacentric height The vessel owners were able to correct the list on the 13th February, 2022 b...

For years, Blue Water has been active within Oil & Energy and Renewables projects in the southern hemisphere. Due to the growing demands for transport and logistics services to projects of the Oil & Gas, Wind, Renewables, Infrastructure, Mining and Hydrogen industries in Australia, Blue Water has expanded its presence by establishing offices in Brisbane, Melbourne and Perth in 2021. The company established its first Australian office in Sydney in 2012. Transport and logistics solution...

As the countdown begins for the seventh edition of the Doha International Maritime Defence Exhibition and Conference (DIMDEX), the Organising Committee provided an update on the preparations and an overview of the event, at a diplomat briefing session, at Sharq Village and Spa, on February 21, 2022. One of the most awaited events on the international maritime defence and security calendar, DIMDEX 2022 is shaping up to be the biggest and most diverse edition ever, with more than 200 companies fr...

St. Petersburg, fully operational as of this week, the new AE66 service links Korea, Japan, and China to the Kaliningrad Region in Russia, the Baltic countries, and Poland through Trans-Siberian. The new Sea-Rail-Sea service runs west-bound fortnightly departing from the seaport of Vostochniy in Russia Far East (at the Pacific to Kaliningrad on the Baltic sea, with robust outlooks for further expansion. Current logistics woes Transit times of the new regular service are significantly reduced...

Following the bidding process, CMA Terminals, a fully-owned subsidiary of the CMA CGM Group, a provider of shipping and logistics, has been chosen to manage, operate and maintain the Port of Beirut’s container terminal for a 10-year period starting in March 2022. The CMA CGM Group, which already has a strong presence in Lebanon, currently accounts for almost 55% of the container terminal’s volumes, since it has maintained its nine weekly calls and transshipment operations there. Co...

Pacific International Lines (PIL) is pleased to introduce a new weekly express service connecting China and Australia. The new service, known as Sino Australia Express (SAE), will commence on 10 March 2022 from Qingdao. SAE aims to augment PIL’s existing services connecting China with Australia and is served by a consortium of six vessels with an average capacity of 3900 TEUs, jointly deployed by PIL, T.S. Lines, Yang Ming and Sea Lead Shipping. Meeting the demands of customers Mr. To...

Babcock International Group PLC (“Babcock” or “the Group”) announced that it has entered into a Sales and Purchase Agreement to acquire the remaining 50% interest in its Australian Naval Ship Management (NSM) joint venture from its long-term joint venture partner in Australia, for a consideration of AUD60 million (approximately £32 million). The acquisition is subject to customary approvals. The NSM joint venture was established in 2012 to maintain the Royal Aust...

“It feels like we’ve finally broken free of the pandemic chains,” said Nor-Shipping’s Director, Sidsel Norvik, following the news that Norway ended its national coronavirus restrictions this weekend. With no further regulations relating to social distancing, event numbers, international travel, or the use of facemasks, ‘Your Arena for Ocean Solutions’ can run a full exhibition and event programme for the first time, since its successful 2019 outing. Sidsel N...

Users want to know that their valuable cargo will cross the sea safely, cost-effectively, and without delay. Imagine organising the ocean shipping logistics of 6000 cubic metres of cargo, 41 containers; all moving from China to just outside Brisbane, Qld. That’s what TGI do on a regular basis; handling shipments for the clients, and in this example, they moved this project cargo, for the components for the largest asphalt plant in Australia. Entire transport process Project cargo is TGI...

Commenting on details of the government's levelling up white paper, Maritime UK Chief Executive, Ben Murray, said: “Maritime UK welcomes the mission set out within the levelling-up white paper but urges the government to put levelling-up coastal areas at the heart of its plans – it’s not just about north/south or urban/rural.” “Coastal towns and cities are amongst some of the most deprived communities across the country with almost half of our coastal communities&r...

Maritime UK has announced the launch of its Careers and Outreach Programme impact report for the period of 2020-21. The report sets out progress in delivering careers and outreach activity, since Maritime UK received funding from the Department for Transport, as part of the 'Maritime 2050' delivery programme. Careers and Outreach Programme Maritime UK, the umbrella body for the UK’s maritime industries, was tasked with better coordinating existing careers activity and making progress in...

Nor-Shipping has been buoyed by the response of exhibitors to its COVID-19 pandemic-induced move from the earlier scheduled exhibition dates in January to April 2022. In a candid interview, the Director of Nor-Shipping, Sidsel Norvik admits she expected inevitable cancellations, as a result of the schedule change, but says these have been minimal, while those that have pulled out have simply transferred attendance to the summer 2023 event of Nor-Shipping. Nor-Shipping 2022 exhibition What...

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh has announced an increase of 43.6% in condition survey for Flag Registration by the Agency, in the year 2021, as against the performance in the year 2020. NIMASA also recorded an improved Port State Control (PSC) implementation in the year 2021, with 24.2% higher than the PSC inspections of the year 2020. Improved Port and Flag State Administration Dr. Bashir Jamoh, who disclosed this dur...

Mitsubishi Shipbuilding Co., Ltd., a part of Mitsubishi Heavy Industries (MHI) Group, has established the Marine Decarbonation Business Development Group, responding to the energy transition strategy promoted by MHI Group. New organisation formed This new organisation formed by consolidating a range of functions, from technology development and market research to the formulation and implementation of business strategies, will utilise the advanced technologies accumulated by the company, over i...

Less than 15 percent of TGI's domestic freight uses Australia’s Blue Highway – the 80 or so ports and seaways surrounding the country connecting cities and towns and the world. Sea freight is often overlooked because of misconceptions that road and rail freight is more cost-effective. However, when it comes to transporting oversized and heavy equipment, sea freight has a much lower cost per tonne, especially over longer distances. So, what does the user need to know about domestic s...

SBM Offshore is pleased to announce that FPSO Liza Unity has produced its first oil as of February 11, 2022, and is formally on hire. The FPSO Liza Unity is the first unit with a design based on SBM Offshore’s industry-pioneering Fast4Ward® programme which incorporates the Company’s new build, multi-purpose floater hull combined with several standardised topside modules. Subsidiary of CNOOC Hess Guyana Exploration Ltd. holds a 30 percent interest and CNOOC Petroleum...