Maritime

Maritime transportation, goods, services and regulation news

CMA CGM Announcement: PSS Asia to East Africa price and surcharge updates

AJOT | May 15, 2024 | Maritime

In a continued effort to provide reliable and efficient service, CMA CGM informs its customers of the following Peak Season Surcharges until further notice as follows...

Hapag-Lloyd with good start to 2024 in first quarter of year

AJOT | May 15, 2024 | Maritime | By The Numbers

Shofu Maru, World’s 1st Wind Challenger-equipped coal carrier, achieves fuel savings of 17%

AJOT | May 15, 2024 | Maritime

Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Takeshi Hashimoto) today announced that its owned and operated Shofu Maru (Note 1), the world's first coal carrier equipped with the Wind Challenger hard sail wind propulsion system, has completed a total of...

Transportation and Infrastructure: House approves Coast Guard Authorization Act

AJOT | May 15, 2024 | Maritime

Baltimore Bridge collapse occurred after ship lost power multiple times

Bloomberg | May 14, 2024 | Logistics | Maritime

The container ship that rammed into Baltimore’s Francis Scott Key Bridge in March lost power multiple times on both the day of the fatal accident and the day before, according to a preliminary report.

Finnlines’ new freight-passenger Superstar-class vessel Finnsirius awarded by Shippax

AJOT | May 14, 2024 | Maritime

Finnlines’ freight-passenger vessel (ro-pax) M/S Finnsirius, which entered services between mainland Finland, Åland and Sweden in mid-September 2023, was awarded at the Shippax Conference on 13 May 2024.

Port of Antwerp-Bruges launches the world’s first methanol-powered tugboat

AJOT | May 14, 2024 | Energy | Alternative | Maritime

This tugboat, which runs on methanol, is part of a greening program for the port's fleet and an important step in the transition to a climate-neutral port by 2050...

CMA CGM Announcement: Empty Equipment Imbalance Surcharge (EEIS) - From Turkey to Spain and France

AJOT | May 14, 2024 | Maritime

Considering regional developments and in a continued effort to provide our customers with reliable and efficient services, CMA CGM has decided to revise the following Empty Equipment Imbalance Surcharge (EEIS)*

MSC Announcement: Scope - US to New Zealand

AJOT | May 14, 2024 | Maritime

Please take note of the following MSC announcement...

Banle Energy International Limited and Cargill to work together in the successful full-laden leg voyage undertaken

AJOT | May 14, 2024 | Energy | Maritime | Bulk

Banle Energy International Limited has participated in the successful full-laden leg voyage from Gladstone to Paradip undertaken by Tata Steel Group...

Pertamina International Shipping (PIS) welcomes 2 VLGC tankers to its fleet

AJOT | May 13, 2024 | Energy | Maritime | Bulk

Pertamina International Shipping (PIS), takes top-tier position in ASEAN LPG Transport...

Technology impacting movement of freight across the globe continues to advance

AJOT | May 13, 2024 | Maritime

MSC Announcement - PSS: PEAK SEASON SURCHARGE

AJOT | May 13, 2024 | Maritime

Please be advised that Mediterranean Shipping Company has filed and will implement the following Peak Season Surcharge (PSS) effective June 1st, 2024...

Biden to quadruple tariffs on China EVs, offer solar exclusions

Bloomberg | May 13, 2024 | International Trade | Maritime | Breakbulk News

President Joe Biden will quadruple tariffs on Chinese electric vehicles and sharply increase levies for other key industries this week, unveiling the measures at a White House event framed as a defense of American workers, people familiar with the matter said.

Galveston Harbor rising in rank for top 50 U.S. cargo rankings

According to the U.S. Army Corps of Engineers, a 12.5 percent increase in cargo tonnage over 2021 boosted the harbor’s ranking five spots in the list of 150 ports and waterways. The ship channel serves the Port of Galveston and private entities operating in the harbor.

CMA CGM Announcement: Updated FAK Rates - From Asia to North Europe

AJOT | May 10, 2024 | Maritime

Base port to base port rates. Out-ports are subject to the usual TAO/TAD.

Yang Ming Reports Q1 2024 Financial Results

AJOT | May 10, 2024 | Maritime

In Q1 2024, the supply chains of container shipping industry encountered challenges from the Red Sea crisis, leading vessels to divert to the Cape of Good Hope, which absorbed vessel capacity.

CMA CGM launches VGI connecting Asia to India West Coast and Middle East

AJOT | May 10, 2024 | Maritime

CMA CGM announces the launch of a new weekly service, VGI connecting Laem Chabang, Vung Tau and Jakarta with the India West Coast and the Middle East.

Fairplay Towage Group places order for two additional Damen ASD tugs

AJOT | May 10, 2024 | Maritime

Fairplay Towage Group, one of Europe’s leading towage providers, has placed an order with Damen Shipyards for the delivery of two further tugboats, one of which is of the ASD Tug 2813 design, the other one being a tug fitted with azimuth stern drives and a bollard pull of 60 tonnes.

KKR-backed ship repair firm to use IPO proceeds to boost growth

Bloomberg | May 09, 2024 | Green Shipping | Maritime | Technology

Only a day after completing South Korea’s biggest initial public offering in two years, KKR & Co.-backed shipping repair company HD Hyundai Marine Solution Co. has revealed its next goals — 25% growth in annual revenue for the next three years and increased investments to tackle maritime emissions.

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