Maritime

Maritime transportation, goods, services and regulation news

Maritime

AJOT | Top Story | June 11, 2024

ILA halts negotiations with USMX amid automation disputes

The International Longshoremen’s Association (ILA) today announced the suspension of talks with the United States Maritime Alliance (USMX) scheduled for Tuesday, June 11, 2024. This decision arises amidst ongoing negotiations of local agreements under the coast-wide Master Contract, set to expire on September 30, 2024...

Panama Canal announces new increase in draft and daily transit

AJOT | June 11, 2024 | Maritime

The Panama Canal announced, through an Advisory to Shipping, that it will increase the current number of daily transits from 32 to 33, effective July 11. Furthermore, this number will increase to 34 as of July 22, following the current and projected level of...

Two more OOCL 24,188 TEU mega vessels start operation

AJOT | June 11, 2024 | Maritime

Orient Overseas Container Line Ltd. (“OOCL”) celebrates the maiden voyage of its latest two 24,188 TEU mega vessels, “OOCL Finland” and “OOCL Sweden”. With the introduction of these two new vessels, OOCL has taken delivery of ten eco-friendly mega containerships of the same model...

New cargo in the wind for Galveston

The Port of Galveston is reaping the rewards of expanding its foreign-trade zone (FTZ) area with the import of hundreds of enormous wind turbine pieces...

W&O Europe welcomes GMS Instruments expanding service and supply in maritime market

AJOT | June 11, 2024 | Maritime

The St. Lawrence Seaway Management Corp. announces new president and CEO

2400 children will be welcomed into 3 renovated social centers in Vietnam

AJOT | June 11, 2024 | Maritime

The CMA CGM Foundation has partnered with Enfants d'Asie, an organization dedicated to helping underprivileged children in Southeast Asia, to renovate 3 social and learning centers in the heart of Ho Chi Minh City...

LNG newbuilding values at record high

AJOT | June 11, 2024 | Maritime

The number of LNG new building orders has more than doubled from the same period last year when 34 orders were placed, compared to 78 in the first five months of 2024, an increase of c.129%. Newbuilding prices for the Large LNG sector of 174,000 CBM are currently at an all-time high of USD 269 mil, up by c. 6.1%...

CMA CGM Announcement: FAK Rates - From North Europe to Northwest India

AJOT | June 11, 2024 | Maritime

Please find the new CMA CGM Freight All Kinds (FAK) rates (*) applicable from July 1st, 2024 (date of loading in the origin ports) until further notice...

MSC Announcement: Turkey, Black Sea excluding EEA countries to US & Puerto Rico

AJOT | June 11, 2024 | Maritime

Please take note of the announcements containing the following scopes...

The influence of freight shipping on emerging economies

AJOT | June 11, 2024 | Maritime | Liner Shipping

Discover the transformative influence of freight shipping on emerging economies, driving growth and reshaping landscapes.

World Shipping Council Releases Containers Lost at Sea Report - 2024 update

AJOT | June 11, 2024 | Maritime | Liner Shipping

While this is the lowest number recorded since the survey began in 2008, the WSC underscores the ongoing need for stringent safety measures and constant vigilance, as every container lost at sea is one too many.

American Waterways Operators releases video highlighting American Waterways HERO Award

AJOT | June 10, 2024 | Maritime

The American Waterways Operators has produced a new video showcasing the American Waterways Honor & Excellence in Rescue Operations (HERO) Award. The HERO Award, established on March 1, 2023, documents and recognizes rescues undertaken by AWO member company employees that demonstrate selflessness, skill and bravery.

Maritime

AJOT | Top Story | June 10, 2024

Breakbulk cargo industry faces challenges to efficiency and profitability

The breakbulk cargo industry fills a valuable need by transporting equipment needed for farms, manufacturing facilities, and utilities, products that do not fit standard shipping containers.