Shipping news – Page 15
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NewsEU to impose steep tariffs on Chinese EVs
The ro-ro shipping market has been in rude health for the past couple of years moving its core commodity, cars, leaving limited space for heavy and project cargoes. However, the provisional imposition of steep tariffs on Chinese EVs could be another sign that the longer-term prospects for ro-ro are cooling.
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NewsAAL delivers cutting-edge HRSG cargoes to home market
AAL Shipping has delivered heat recovery steam generator (HRSG) components for Keppel Infrastructure’s 600 MW combined-cycle gas turbine (CCGT) power plant under construction on Jurong Island in Singapore – a site that will become the first hydrogen-ready and most advanced facility of its kind in the country.
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NewsMaersk Offshore Wind launched as supply service division sold
Denmark’s Maersk has established an offshore wind energy division on the heels of its proposed sale of Maersk Supply Service to compatriot DOF Group.
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NewsUHL Fable sets out on maiden voyage
United Heavy Lift’s (UHL) newest vessel – UHL Fable – has begun its maiden voyage from Tianjin in China to Europe.
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NewsMOL becomes larger partner in G2 Ocean
Mitsui O.S.K. Lines (MOL), which holds 49 percent of the shares in Gearbulk, will acquire an additional 23 percent stake in the company.
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NewseWolf christened and will enter service this week
Crowley Maritime has christened its first all-electric ship assist harbour tugboat, eWolf.
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NewsHCOB purchases NIBC’s shipping business
Hamburg Commercial Bank (HCOB) has agreed to purchase the shipping portfolio of Netherlands Intercontinental Bank (NIBC).
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NewsWindward and RightShip partner to promote cross-platform data sharing
Maritime AI company Windward and digital maritime platform RightShip have partnered to allow cross-platform data sharing.
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NewsWallenius Wilhelmsen takes ownership of Porgy
Global ro-ro shipping and logistics provider Wallenius Wilhelmsen has expanded its fleet with the purchase of the vessel Porgy.
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NewsCarsten Rehder orders multipurpose vessels
Germany’s Carsten Rehder has placed an order for up to eight multipurpose shortsea vessels with India’s Garden Reach Shipbuilders & Engineers.
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NewsCLdN and Transfennica boost connectivity through Zeebrugge
CLdN and Transfennica will connect their respective shipping services in Zeebrugge, Belgium, to provide broader con-ro connections through Northern and Western Europe.
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NewsBerg secures engine deal for LDA ro-ro vessels
Swedish firm Berg Propulsion will supply dual-fuel engine systems for three of Louis Dreyfus Armateurs (LDA) wind-assisted ro-ro newbuilds.
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NewsToyofuji and Fukuju place dual-fuel ro-ro orders
Mitsubishi Shipbuilding, a subsidiary of Mitsubishi Heavy Industries (MHI), has taken orders from Toyofuji Shipping and Fukuju Shipping for two dual-fuel ro-ro cargo ships.
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NewsIMCSO launched to boost marine cybersecurity capabilities
June 18 marked the launch of the International Maritime Cyber Security Organisation (IMCSO), which aims to raise the standard of cybersecurity risk assessment across the maritime industry.
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NewsCOSCO lands Trion FPU transport contract
COSCO Shipping & Guangzhou Salvage Heavy Transport (CSGS) said that it has secured the transportation contract for the Trion project’s floating production unit (FPU).
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NewsStrong financial year for London P&I Club
The London P&I Club reported an operating surplus of USD36.3 million in its 2023/24 financial results, while strengthening its free reserves to USD149.8 million.
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NewsTight capacity and record rates at Höegh Autoliners
Ro-ro shipping specialist Höegh Autoliners said that tight capacity is the key element holding back its activities. Rates remain at record-high levels while high and heavy/breakbulk cargo comprised 25 percent of shipments in May 2024.
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NewsEsgian bolsters analyst team
Mijeong Jang Rolfsen has joined Esgian as senior market impact analyst.
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NewsContainer rates continue to surge, Maersk upgrades full-year guidance
The project logistic business relies on a stable container shipping sector in order to balance the books. While out-of-gauge cargo certainly catches the eye, thousands of freight tons of cargo for large-scale projects moves in boxes and price volatility can wreak havoc on a project’s bottom line.
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NewsPanama Canal draught increased ahead of schedule
The Panama Canal Authority has increased the maximum authorised draught at the waterway to 45 ft (13.7 m). This adjustment, originally scheduled to take effect on June 15, was expedited thanks to the onset of the rainy season in the Panama Canal Watershed and level of Gatun Lake.