Maritime

Maritime transportation, goods, services and regulation news

Maritime

AJOT | Top Story | December 16, 2024

Port of Brownsville’s impact hits record $12 billion

The Port of Brownsville continues to demonstrate its vital role as a leading economic engine for Texas and the Rio Grande Valley.

MSC TTI – Long Beach

AJOT | December 16, 2024 | Maritime | Liner Shipping

OrbitMI CEO retains position among shipping’s Top 10 Technology Leaders in 2024 rankings from Lloyd’s List Intelligence

AJOT | December 16, 2024 | Maritime | Technology

OrbitMI CEO Ali Riaz has been named among the Top 10 Technology Leaders of 2024 in Lloyd’s List Intelligence’s prestigious annual rankings of the 100 most influential people in shipping, underscoring the NYC-based maritime software company’s leading role in digital transformation of the industry.

KR, Sinokor, and HD Hyundai Marine Solution join forces to transform ship maintenance with advanced CBM technology

AJOT | December 16, 2024 | Maritime | Technology

KR (Korean Register) has partnered with Sinokor Merchant Marine and HD Hyundai Marine Solution(HD HMS) to revolutionize ship maintenance through condition-based maintenance (CBM) technology powered by artificial intelligence.

Baltic Exchange launches FuelEU calculator to help shipowners understand the financial and commercial implications

AJOT | December 16, 2024 | Green Shipping | Maritime

CMA CGM implementation of Energy Transition Surcharge

AJOT | December 16, 2024 | Maritime | Liner Shipping

Stricken oil tankers show risks of Russia’s ageing ‘shadow fleet’

Reuters | December 16, 2024 | Energy | Maritime | Bulk

Russian authorities sought to limit the damage on Monday from oil spilled into the Kerch Strait by two ageing tankers that were damaged during a heavy weekend storm, highlighting the environmental and insurance risks of Russia's 'shadow fleet'.

Russian tanker splits in storm, spilling oil into Kerch Strait

Reuters | December 15, 2024 | Energy | Maritime | Bulk

A Russian oil tanker carrying thousands of tonnes of oil products split apart during a heavy storm on Sunday, spilling oil into the Kerch Strait, while another tanker was also in distress after sustaining damage, Russian officials said.

CMA CGM | Customer Advisory

AJOT | December 13, 2024 | Maritime

To keep you informed about the ongoing negotiations between the International Longshoreman Association (ILA) and the United States Maritime Alliance, Ltd. (USMX), the most recent update follows below. They intend to provide details as they become available, allowing for the development of contingency plans to mitigate any impact on your operations.

East Med Maritime Conference 2025: One step ahead in shaping the maritime future

AJOT | December 13, 2024 | Maritime

The inaugural event in 2019 successfully secured its place on the maritime calendar as one of the most significant events in the region. The conference attracted pioneers, leaders, and experts from a wide array of sectors, including regional and international shipping companies, port operators, shipbuilding and repair yards, and maritime professionals.

Global Shipping Outlook is stable in 2025

AJOT | December 13, 2024 | Maritime

Highlights from VMA’s Annual Business Meeting

AJOT | December 12, 2024 | Maritime

The Virginia Maritime Association held its Annual Business Meeting on December 10, 2024, at the Neon House in Norfolk, to review strategic goals and legislative priorities, and to highlight the past year's activities and achievements in port, business, and workforce development. Members gained valuable insights into the many ways VMA keeps them Better Connected, Better Informed, and Better Represented.

Chamber of Shipping of America honors Crowley for Environmental Achievement

AJOT | December 12, 2024 | Maritime

The Chamber of Shipping of America (CSA) recently honored 101 Crowley-operated vessels and their crews with Environmental Achievement Awards, recognizing the company and its people for its safe environmental operations.

Mercy Ships promotes corporate social responsibility with vital medical mission

AJOT | December 12, 2024 | Maritime

As Nor-Shipping’s charity partner, Mercy Ships contributes to future-proofing lives and communities in African nations through performing transformative surgeries, providing vital education, and equipping local surgical care services. Such corporate partnerships are also tying business success to a greater purpose by promoting human welfare in line with UN Sustainable Development Goals (SDGs), according to its National Director for Norway, Martin Aarflot.

Drewry’s World Container Index - 12 Dec

AJOT | December 12, 2024 | Maritime | Liner Shipping

The Drewry WCI composite index remained stable at $3,529 per feu, which is 66% below the previous pandemic peak of $10,377 in September 2021 but 148% more than the average $1,420 in 2019 (pre-pandemic).

FIT Alliance’s 2024 eBL survey shows steady rise of electronic bill of lading adoption globally; collaboration across trade supply chain could unlock further gains

AJOT | December 12, 2024 | Maritime

The FIT Alliance, co-founded by BIMCO, DCSA, FIATA, ICC, and SWIFT, today announced the results of its 2024 survey on electronic Bills of Lading (eBL). Conducted in partnership with the HKUST Li & Fung Supply Chain Institute and the Boston Consulting Group (BCG), the survey shows a steady rise in eBL adoption and underlines the importance of stakeholder collaboration in driving further progress.

Hefring Marine secures Icelandic Transport Authority grant to advance safety for mariners

AJOT | December 12, 2024 | Maritime

Hefring Marine, a leader in intelligent marine technology, has been awarded a grant by the Icelandic Transport Authority (Samgöngustofa) to further critical research on injuries experienced by mariners aboard vessels. This prestigious grant underscores Hefring Marine's commitment to enhancing safety standards within the maritime industry.

Maritime

AJOT | Top Story | December 12, 2024

Significant port cost miscalculation leads to six-figure loss covered by ITIC

In a recent case underscoring the essential nature of precise cost estimation in maritime logistics, ITIC (International Transport Intermediaries Club) has settled a US$140,000 claim resulting from an error in calculating port charges. The incident involved a South American grain shipment where the pool manager’s use of outdated cost estimates for port fees led to a substantial financial discrepancy.

CMA CGM Announcement: PSS - from China to West Africa

AJOT | December 12, 2024 | Maritime

In a continued effort to provide its customers with reliable and efficient services, CMA CGM informs its customers of the following Peak Season Surcharge (PSS)*:

AST Networks expands ISO Certification to support comprehensive marine electronics solutions

AJOT | December 12, 2024 | Maritime

AST Networks, a leading provider of hybrid connectivity solutions and maritime technology, has announced the successful expansion of its ISO 9001 and ISO 14001 UK certification scope. This milestone, audited and approved by LRQA, now includes the commissioning, servicing, annual surveying, repair, and maintenance of global navigation and safety equipment, alongside their existing expertise in the sales and distribution of communications technology and software development.

Maritime

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