China pneumonia outbreak

Coronavirus concerns loom over cruise industry

The rapid spread of the coronavirus disease is taking a toll on the $46 billion global ocean cruise industry. Many see Asia as a potential growth area for cruise tourism

Australia

Yang Ming ship arrested for pollution debt

The sister ship of the "YM Efficiency", which lost 81 containers off the coast of Newcastle and Port Stephens in June 2018, has been stopped in Sydney for a pollution debt that could cost Yang Ming more than 12 million euros

IMO 2020

New RoPax ferry with battery designed

Danish-based consultancy Knud E. Hansen has  designed a 212-metre RoPax ferry with a large battery bank to power it while dockside, allowing for zero emissions in port. The vessel can transport up to 700 passengers and 390 cars

Transatlantic

ONE, COSCO, OOCL and Yang Ming launch new service

The EMA service will consist of six Panamax vessels. The port rotation for the weekly service is Mersin – Haifa – Alexandria – Istanbul – Piraeus – Genoa – Algeciras - New York – Norfolk – Savannah – Algeciras – Mersin

Wuhan

Passengers face two weeks on virus-hit cruise ship off Japan

Around 3,700 people are facing at least two weeks locked away on a cruise liner anchored off Japan after health officials confirmed on Wednesday that 10 people on the ship had tested positive for coronavirus and more cases were possible

Minus 104 million dollars

Samsung Heavy's Q4 net losses widen

Samsung Heavy Industries Co., a major shipyard in South Korea, had its net losses widened in the fourth quarter from a year earlier due to one-off costs

The announcement

Croatia's DIV buys Norway's Kleven shipyard

Croatia's DIV Group, which owns the Brodosplit shipyard in Split, is set to buy Kleven Verft, a Norwegian shipbuilding company specializing in the construction of offshore and cruise vessels

Environment

Boat protesters in Venice take on damage from big ships

Hundreds of people in small rowing boats protested in front of Venice’s St Mark’s Square on Sunday to denounce what they say is a proliferation of motor boats that have crowded the waters of the lagoon city

LNG

Wartsila partners with MSC for sustanaible cruise ships

The technology group will supply Chantiers de l‘Atlantique, France, a comprehensive package of integrated solutions designed to support and enhance the efficiency and environmental sustainability of two cruise vessels

The crisis in the Middle East

Drewry: Risk premium tankers to soar amid tensions in Iran

The recent escalation in the unrest between Iran and the US has raised fears of a wider war in the Middle East, writes research firm Drewry in its latest report. Already heightened geopolitical tensions in the region have resulted in a surge in oil prices, with Brent surpassing the $69 per barrel mark

Heavylift

Roll Group expands its heavylift fleet

The Dutch shipping company Roll Group underlines with a recent ship purchase the positive expectations for the market. After the extension of their land activities into Asia in 2019, Roll Group starts 2020 in a similar manner with the addition of another Module Carrier into their fleet

Cruises

Carnival Group to receive 16 new ships by 2025

Carnival Corporation, the world's largest leisure travel company, said it will launch four new cruise ships in 2020 across four of its global cruise line brands – Iona for P&O Cruises UK, Britain's favorite cruise line

Ferries

Finnlines orders new RoPax ships in China

After the order of three hybrid sto/ro ultra large green vessels at Jinling Shipyard back in 2018, Finnlines is pleased to announce that it has recently signed an order for two ro-pax vessels from China Merchants Jinling Shipyard (Weihai), previously known as AVIC Weihai. Today, both shipyards are part of China Merchants Group

Shipyards

Hyundai Heavy wins deal worth 263 million euros

South Korea's top shipyard Hyundai Heavy Industries Group told Yonhap news agency that its two affiliates have clinched two deals worth 340 billion won (262,6 million euros) in total to build six vessel

Transport in chaos

MSC re-routes cargos due tro French strikes

Paris - Swiss headquartered container shipping company MSC said on Friday it was implementing contingency plans to re-route container ships away from French ports when necessary due to strikes in the country

Sea transport

First signs of stagnation for LNG imports

London - The increase in US liquefaction capacity is one of the major factors driving LNG shipping rates, as London research firm Drewry writes in its latest report

shipping

“Cargo theft has reached historic levels”

Copenaghen - According to Risk Intelligence, it “is affecting all modes of transport across the logistic supply chain.” The Danish company will partner with the Transported Asset Protection Association to enhance the visibility of cargo theft

shipping

Rotterdam installs air quality sensors

Rotterdam - The Port of Rotterdam has installed an air quality sensor, an application with real-time readings displays vessel emissions for inspectors when vessels enter or leave the port

shipping

Thomas Miller purchases Loadstar Marine

London - Thomas Miller, the international provider of insurance services, has concluded the purchase of Lodestar Marine Insurance’s book of business

shipowners

Vado Gateway opening brings change to logistics in northern Italy

Genoa - The new container terminal, launched today in Vado Ligure and operated by APM Terminals, sets a new standard for port infrastructure in Italy. The facility is unique in terms of services and technology, from the “automated yard” to the “appointment system” for trucks.

shipping

DFDS buys Huisman

To further expand and develop its European logistics services, Danish shipping and logistics company DFDS has acquired 100% of the share capital of the Dutch logistics company Huisman

cruise and ferries

Virgin’s “Scarlet Lady” completes sea trials

Genova - “Scarlet Lady”,the first Virgin Voyages’ cruise ship under construction at the Fincantier-Sestri Ponente shipyard, has successfully completed sea trials carried out in recent weeks. This is a fundamental step in the construction of a ship

shipping

Cyprus petions The Hague to safeguard offshore rights

Athens - Cyprus has petitioned the International Court of Justice (ICJ) in The Hague to safeguard its offshore mineral rights, its president said on Thursday, upping the ante with neighbor Turkey which disputes its claims

shipping

CMA CGM and Total to develop LNG ship refuelling

Paris - Container shipping firm CMA CGM will use the French Mediterranean port of Marseille for refuelling some of its planned gas-powered vessels, backed by a supply partnership with energy group Total

shipping

Thai shippers cut 2019 export outlook

Bangkok - Thailand’s shipping association on Tuesday lowered its 2019 export forecast for the fifth time this year, forecasting a drop of between 2.5% and 3.0% due to global trade tensions

shipping

Unifeeder acquires the Feedertech Group

Aarhus (Denmark) - Denmark’s Unifeeder, part of the United Arab Emirates’s global port operator DP World, has acquired a 77% stake in The Feedertech Group, a Singapore-based feeder and shortsea operator

shipping

Ship operating costs on the rise again

London - Underlying vessel operating cost inflation accelerated moderately in 2019 on higher repair & maintenance and insurance spend, says the shipping consultancy Drewry in its latest report

shipping

DFDS and Cobelfret enter agreement

Copenhagen - Danish international shipping and logistics company DFDS has entered into two mutual space charter agreements with the Luxembourg based freight only ferry operator CLdN Cobelfret

shipping

MPC stays in the red but foresees growth

Oslo - MPC Container Ships reported for the 9 month period ended 20 september 2019 a minus 11,435 million dollars loss, but the company foresees attractive opportunities and charter rate recovery potential in a IMO 2020 environment

shipping

Maersk to lay off staff

Copenaghen - Danish shipping group Maersk MAERSKB.CO said on Thursday it would lay off staff at its main offices in Denmark and in other countries

shipyard and offshore

Megayachts: Amico shipyard presents the new shiplift

Genoa - The shiplift is a submersible platform that allows the maxi yacht to be lifted from the water and moved to the ground in the yard with a system of trolleys on rails and completed by 5 workstations.