All Shipping articles – Page 21
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Force majeure and route changes escalate freight costs
The majority of shipping lines are now rerouting ships via the Cape of Good Hope due to the deteriorating security situation in the Red Sea, while several declared force majeure temporarily relieving them of their normal contractual obligations. Transit times will certainly be delayed and freight costs are expected to rise significantly.
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Ships rerouted as Red Sea crisis escalates
The hijacking of the Galaxy Leader and subsequent attacks on other vessels underscores the influence of geopolitics in the Middle East Gulf in commercial shipping. A number of the world’s leading container carriers, including Maersk, CMA CGM, Hapag-Lloyd and MSC are now diverting their ships away from the Red Sea region because of an increased threat of attacks.
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Harren Group reinforces commitments to safety
Harren Group has launched its groupwide “Act Safely!” programme, a new initiative that reinforces safety as a core value within the organisation.
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RightShip launches tiered RightFLEET system
Digital maritime platform RightShip has launched three new subscription tiers to its data and services for owners and managers: RightFLEET Starter, RightFLEET Lite, and RightFLEET Enterprise.
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BIMCO adopts portfolio of ETS clauses
BIMCO’s documentary committee has adopted an emission trading scheme (ETS) allowances clause for its ship management agreement, SHIPMAN, and three ETS clauses for voyage charter parties.
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Van Oord’s Svanen lined up for crane upgrades
Offshore construction company Van Oord is upgrading its heavy lift installation vessel Svanen, with a focus on the next generation of monopile foundations.
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COSCO Shipping Specialized Carriers opens in Melbourne
COSCO Shipping Specialized Carriers (Southeast Asia) has opened an office in Melbourne, Australia.
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SAL exercises option for Orca newbuild
SAL Heavy Lift has signed an option for a fifth Orca-class newbuild vessel with Wuhu Shipyard in China.
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Spliethoff christens second newbuild in Batam
The Netherlands-headquartered Spliethoff has held a christening ceremony for its DP2 B-type vessel Bloemgracht in Batam, Indonesia.
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Höegh and Sumitomo to collaborate on the supply of clean ammonia
Ro-ro carrier Höegh Autoliners has signed a letter of intent (LoI) to collaborate with Sumitomo to cooperate on the supply and delivery of clean ammonia as a sustainable maritime fuel for the shipping line’s upcoming Aurora-class PCTC vessels.
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Maersk targets Southeast Asia with three-year investment plan
A.P. Moller-Maersk (Maersk) will invest more than USD500 million to expand its operations in Southeast Asia, targeting its logistics and services arm as well as its ocean and terminals infrastructure.
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Shipping leaders join forces in call to accelerate decarbonisation
Leading shipping lines have issued a joint declaration at COP 28 calling for an end date for fossil-only powered newbuilds and urging the International Maritime Organization (IMO) to create the regulatory conditions to accelerate the transition to green fuels.
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Hoogenhout joins COSCO Heavy Transport
COSCO Shipping Heavy Transport has appointed Paul Hoogenhout as a senior project engineer.
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Dominguez Velasco confirmed as IMO’s next secretary general
Arsenio Dominguez Velasco will step up as secretary general of the International Maritime Organization (IMO) on January 1, 2024, for initial term of four years.
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DAKO handles engine transport to Pascagoula
DAKO Worldwide Transport delivered six marine engines, plus accessories, from the port of Emden in Germany to Pascagoula, USA.
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Ulstein unveils HX121 heavy transport vessel design
Ulstein has added the HX121 heavy transport vessel to its design portfolio.
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UHL weighs in on Panama Canal disruption
Water-saving measures are severely affecting the capacity of the Panama Canal. United Heavy Lift (UHL) has said that the vessels it operates will be unable to transit the waterway until around May-June 2024.
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Boa details plans for next generation semi-submersible barges
Norwegian offshore services provider Boa has outlined plans for its next generation of semi-submersible heavy lift barges.
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Huisman to upgrade Aegir’s second crane
Huisman has been awarded a contract for the upgrade of the offshore mast crane onboard Heerema’s deepwater construction vessel Aegir.
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Swire Projects launches transpacific semi-liner service
Swire Projects, the projects and heavy lift shipping services division of Swire Shipping, has launched a semi-liner service connecting East Asia with the West Coast of North America.