Global container shipping rates have surged to records on a spike in restocking demand in the United States and Europe, container scarcity at export hubs, and changes in freight flows because of the coronavirus pandemic
The United Nations shipping agency on Tuesday approved measures to boost energy efficiency in vessels as part of efforts to reduce the industry’s carbon footprint
The U.N. agency the International Maritime Organization (IMO) has said it aims to reduce overall greenhouse gas emissions from ships by 50% from 2008 levels
The clean-up of a massive oil spill in August from a vessel off Mauritius will likely be mostly completed by January, the bulk carrier’s owne
Developers across the world are for the first time testing the use of hydrogen to power ships as the maritime industry races to find technologies to cut emissions and confidence grows the fuel is safe to use commercially
Australian officials were evacuating workers from a Kuwaiti-flagged livestock ship docked off the country’s west coast on Tuesday after at least half the 52 crew tested positive for COVID-19.
Incoming cargo to the Port of Los Angeles is surging as businesses restock depleted inventories and retailers prepare for an early holiday season
Some of the world’s biggest commodities and energy players launch an initiative to cut and track emissions from the ships they charter as efforts intensify to reduce the maritime industry’s carbon footprint
Nigeria plans to bar vessels without a valid licence to operate in Nigerian waters and has given shipping companies that trade in its coastal and inland waters three months to register
"We have been looking for the wreckage since last year when we realised there could be the most interesting, undiscovered story lying at the bottom of the Baltic Sea," diver Tomasz Stachura said in a statement
A Russian navy vessel collided with a Swiss-owned container ship in Danish waters on Wednesday near the Oresund Bridge linking Denmark and Sweden
A nuclear-powered ice breaker Russia says is the world’s largest and most powerful set off on Tuesday on a two-week journey to the Arctic as part of Moscow’s efforts to tap the region’s commercial potential
The European Union imposed sanctions on Monday on a Turkish shipping company accused of breaking a U.N. arms embargo on Libya
A European Union naval vessel on Thursday stopped a ship that was carrying jet fuel from the United Arab Emirates to Libya on suspicion it was violating a United Nations arms embargo
Sri Lanka’s navy said on Tuesday that an oil slick had been spotted a kilometre from a loaded supertanker off the country’s east coast, as efforts to extinguish a fire on board continued
Somali pirates have released three Iranian hostages held for five years, as conflicting reports emerged whether another ship had been seized after a three-year hiatus in hijackings
The Japanese-owned bulk carrier that ran aground off Mauritius and spilled oil over pristine waters and fragile coral reefs diverted more than 100 kilometres from a regular shipping lane
An oil tanker carrying 3,000 tonnes of gasoline collided with a cargo ship near Shanghai on Thursday, leaving 14 people missing
Denmark will allow merchant sailors stranded on the high seas since the outbreak of the coronavirus to come ashore and be reunited with their friends and families
Greece and Tunisia will sign an agreement on maritime transport. The agreement will be signed on the occasion of the visit to the African nation by the Foreign Minister of Athens, Nikos Dendias
German container shipping line Hapag-Lloyd said it had notified customers it will stop accepting cargoes of solid waste, including scrap metal, bound for China that arrive from Sept. 1 onwards to comply with new legislation
The international shipping and aviation sectors’ 2030 climate targets are too weak and their emissions are on course to reach dangerous levels despite the impact of the COVID-19 pandemic
The new chief executive of Trafigura’s marine fuels joint venture TFG Marine will leave the business at the end of September, the company said on Monday without disclosing the reason for his departure
The entire project is estimated to cost 52.6 billion Danish crowns ($7.6 billion) in 2015-prices, according to the Femern Belt Development fund. In March, EU state aid regulators approved Danish financial support to the project, saying that the positive effects of the project would clearly outweigh any potential distortion of competition
The key Cushing, Oklahoma storage hub will effectively be full by May, traders said. Oil producers, refiners and traders are also turning to more unusual tactics, such as storing crude and fuel in railcars in northeastern United States or in unused pipelines
The Navy this week is expected to release the results of an investigation into the events surrounding the letter and officials have not ruled out reinstating Crozier, who is seen as a hero by the ship's crew, as captain of the carrier
"There is no longer any reason - the governor continues - to unload the organizational weight of placing hundreds of immigrant people on the structures of Sicily, ready to disembark on the Sicilian coasts in the next few days, victims of unscrupulous human vendors"
Modly relieved Captain Brett Crozier of his command of the Theodore Roosevelt on Thursday after the public leak of a scathing letter in which Crozier called on the Navy for stronger action to halt the spread of the virus aboard the nuclear-powered aircraft carrier
The Comfort will treat non-coronavirus patients, including those who require surgery and critical care, the Navy said. Hospitals in New York City have been overrun with patients suffering from COVID-19, the respiratory illness caused by the virus
U.S. retailers face an estimated $700 million sales hit from the coronavirus and some shipping lines are sending vessels to retrieve empty cargo containers from Los Angeles to prevent further supply disruptions
A sailor aboard an oil tanker anchored off Venezuela’s coast died on Saturday, three people with knowledge of the incident said, marking the second death in less than a week involving personnel aboard ships serving the crisis-stricken OPEC nation
Suez Canal revenues increased to $458.2 million in February compared with $433.9 million during the same month last year
Singapore has postponed its major shipping week gathering next month because of the coronavirus outbreak, the latest international event to be derailed
Police in Costa Rica seized more than 5 tons of cocaine bound for the Dutch port of Rotterdam in the country’s largest ever drugs bust, officials said
January sales of marine fuels in Singapore jumped to a two-year high of 4.515 million tonnes, official data showed on Friday, following the introduction of stricter global rules on ship fuels at the start of the year
Asia’s market for very low-sulphur fuel oil has retreated from its record highs near the start of the year, as demand crumbles under seasonal factors and an epidemic in China, while supply expectations improve
China’s fast-spreading coronavirus is throwing the global container shipping trade out of sync, with lines re-routing cargoes and reducing calls to Chinese ports
Leading French river transporter Sogestran Group and Compagnie Maritime Nantaise associate with Neoline for the forthcoming construction of its first transatlantic sailing freighter
The BlueInvest Fund will be managed by the European Investment Fund and will provide financing to underlying equity funds that strategically target and support the innovative blue economy
Freight rates for very large crude carriers on the key Mideast Gulf and U.S. Gulf to Asia routes have fallen to their lowest since mid-September as the coronavirus outbreak hit Chinese demand
Japan’s government said it would quarantine a cruise ship that is set to dock in Yokohama on Monday after a Hong Kong man who sailed on it last month later tested positive for the coronavirus
Shipping companies may face delivery delays of vessels fitted with exhaust gas filtering equipment that complies with anti-pollution rules that kicked in this year due to the impact from the virus outbreak in China
Shipping companies may face delivery delays of vessels fitted with exhaust gas filtering equipment that complies with anti-pollution rules
Authorities in the United Arab Emirates are trying to extinguish a fire on a vessel off the coast of the emirate of Sharjah, the Federal Transport Authority said
Green groups on Monday called for a ban on the use of new low sulphur fuel in the Arctic region, citing research showing that blends of the marine fuel contributed to highly polluting black carbon emissions in the environment
Shipping on the river Danube was blocked in northern Bulgaria on Tuesday after a Ukrainian vessel ran aground because of low water levels, the Bulgarian maritime agency said
The shipping industry needs to prevent the further spread of the ‘Wuhan’ coronavirus, advises Hill Dickinson, a leading maritime law firm
The global shipping market is set for a recovery, benefiting from new global rules on marine fuels that came into effect at the beginning of the year after more than a decade of tough market conditions
The technology group Wärtsilä is launching its new LNG Bunkering & Supply System simulator. The simulator will promote greater safety onboard LNG fuelled vessels by improving the level of training for operators of LNG systems
Due to changing rainfall patterns and historic low water levels at Gatun Lake, the main source of water for the waterway, the Panama Canal announced today that it will implement a series of new measures
PSA International handled 85.2 million Twenty-foot Equivalent Units of containers at its port projects around the world for the year ending 31 December 2019
Despite the welcome boost of the ‘phase one’ trade agreement signed by the US and China, much more work is needed to be done to secure a more permanent trading arrangement between two countries
Coastal nations around the Singapore Strait must step up surveillance and patrols of the strategic waterway after a sharp rise in piracy incidents last year
The 45-km Kanal Istanbul, which should be completed in 2026 and link the Black Sea and the Marmara Sea, aims to ease traffic and prevent accidents along the nearby Bosphorus Strait
Chinese maritime authorities found a South Korean-flagged container vessel using marine fuel that exceeds the sulfur cap under new global emission rules
Due to droughts, Panama will impose a “freshwater” charge on ships for use of water from a lake needed to maintain the Panama Canal’s levels
Egypt wants to create an investment arm to channel funds to projects along the Suez Canal to take advantage of proximity to one of the world’s busiest shipping lanes, the chairman of The Suez Canal Economic Zone said
Ordered by the Dutch Spliethoff Group, the ships will be among the first-ever of their type to be powered by LNG fuel.
Ilya Espino de Marotta took office as Deputy Administrator of the Panama Canal, making history as the first woman to ever hold the position.
The U.S. Department of Transportation’s Maritime Administration, the governmental agency that promotes waterborne transportation, announced more than $7.5 million in grants to nine Marine Highway projects
For the week ended January 3, iron ore deliveries from the 35 ports averaged 2.87 million mt per day, up 51,000 mt from the previous week
On 30 December 2019 Iran’s Revolutionary Guards has detained a tanker for allegedly smuggling marine fuels, together with the 16 crew members on board and its cargo of 1.3 million litres of fuel oil
U.S. exporters of LNG head into 2020 after a record year that saw exports soar by more than 60%, but growing concerns about weakened demand and heavy competition could act as headwinds in the coming year
Erdogan has revived plans to dig a canal on the edge of Istanbul despite opposition against the project that has come to define Turkey’s economic boom and bust
Affinity (Shipping) LLP, a shipbroker, said this week in a statement it had facilitated the first trades in CME Group’s liquefied natural gas freight futures contracts
A massive cargo ship drifted onto a beach in southern Israel on Thursday after heavy winds and stormy weather forced the vessel away from its anchor point near the port of Ashdod.
The cruise line Carnival Cruise Line has to cancel some trips of its planned new building "Mardi Gras". The reason is a late delivery from the Meyer Turku shipyard, which is probably related to LNG technology
With a week until the implementation of IMO rules that will slash the permitted level of sulfur in marine fuels, shippers appear to be favoring very low-sulfur fuel oil mixes over distillate fuels.
The world’s largest steelmaker, has agreed to sell a 50% stake in its shipping business, the first step in its plan to offload $2 billion of assets by the middle of 2021 to reduce its debt
Chinese marine fuel suppliers have signed up short-term deals to buy very low-sulphur fuel oil from companies like oil major Shell, Germany’s Uniper and U.S. commodities trader Freepoint ahead of a new standard on emissions for the global shipping industry that kicks in on Jan. 1.
Sao Paulo - Brazil’s Vice President Hamilton Mourao said on Monday that Chinese President Xi Jinping will visit Brazil in November, as the two nations seek to strengthen political and economic ties at a time of global trade tensions.
Hong Kong - The government of Hong Kong has rejected a warning from the U.S. Department of State that it could be penalized if it does business with a specific tanker, the “Pacific Bravo”, which is believed to be under way for China
Mosul - Iraq has issued a warrant for the arrest of the former governor of Nineveh on corruption charges after at least 90 people were killed in a ferry accident in the provincial capital Mosul.
Baghdad - Iraq’s parliament voted on Sunday to sack the governor of Nineveh after an overloaded ferry capsized, killing at least 90 people.
Istanbul - Turkish narcotics police seized 185 kilograms (408 pounds) of cocaine Monday in an anti-narcotics operation in Istanbul, an official said.
Quito - A deep earthquake with a magnitude of 7.5 struck the Peru-Ecuador border region early on Friday morning, the United States Geological Survey said.
Moscow - Tensions between Moscow and Kiev over Sea of Azov on rise. Russia accuses Ukraine of illegally entering its waters.
Berlin - Questions have arisen over why warning systems appeared to have failed after a 7.5 magnitude earthquake off the coast of Indonesia on Friday.
Genoa - Interview with Business Unit Director – Maritime and Technology Fairs Hamburg Messe,Claus Ulrich Selbach
New York - An offshore earthquake with a magnitude of 6.2 hit 165 miles (265 km) west-northwest of Bandon, Oregon, on Wednesday.
New York - Chinese state media struck an optimistic note on trade talks between Chinese and U.S. officials after U.S. President Donald Trump threatened to impose tariffs on up to $150 billion in Chinese goods over allegations of intellectual property theft.
Singapore - Collision between tankers leads to butane leak. Leak poses no danger to shipping. Both ships have been stabilised.
Cairo - Egypt’s Suez Canal revenues rose to $463 million in March from $435.8 million in February, local financial newspaper Al-Borsa reported on Monday.
Geneva - World goods trade will grow 4.4 percent this year, maintaining a rapid recovery that could nevertheless unravel if trade tensions escalate further, the World Trade Organization said.
Sasebo - Japan on Saturday activated its first marine unit since World War Two trained to counter invaders occupying Japanese islands along the edge of the East China Sea that Tokyo fears are vulnerable to attack by China.
The TEN-T Core Network is composed by 9 corridors with the highest strategic importance
Panama City - Demand for LNG has taken off in recent years because of abundant supplies of natural gas, especially from United States shale fields, and because natural gas is a cleaner burning fuel than coal or oil.
Trieste, the sector is growing. Samer Terminal targets Turkish trucks ad invests 12 million.
Genoa - The two Ukrainian sailors who were accused of killing Yuri Kharytonov, the captain of the MSC Giannina, have been released.
Interview with Fabrizio Vettosi (VSL). Doubts about intermodal transport’s ability to compete.
Washington - “No one was injured on either vessel and Benfold sustained minimal damage, including scrapes on its side, pending a full damage assessment,” a statement from the U.S. Seventh Fleet said.
Singapore - There were no immediate reports of damage or casualties from the quake, which struck at a depth of 110 km (68 miles) about 38 km (24 miles) west of Ambon.
And Mercedes-Benz has reserved a distribution centre in the Egyptian free trade zone.
Genova - The RINA Group will handle the certification of the “Costa Smeralda”,the new flagship of the Costa Crociere fleet which is under construction at the Meyer Turku shipyard in Finland. Massimo Volta,the company’s Operational Director for Europe, the Middle East and Africa, made the announcement
Genoa - Autuori: “Ships are used to transport motor cars, buses, and lorries, new and used”.
Rockport - Utilities report over 230,000 customers without power.
Beijing - President Donald Trump on Monday will order his top trade adviser to determine whether to investigate Chinese trade practices that force U.S. firms operating in China to turn over intellectual property, senior administration officials have said.
New York - A magnitude 5.9 quake struck off the coast of Chile, 102 km west-southwest of Coquimbo
Cairo - Suez remains the dominant route, however. Of 57 Qatari deliveries into the UK in 2016, only one went round the Cape of Good Hope.
London - The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Friday for the 14th straight session as rates across vessel segments continued to slide.