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World Container Index - May 5th
World Container Index - May 5th

AJOT | May 05, 2022 | Maritime | Liner Shipping

Drewry’s composite World Container Index decreased by 0.5% to $7,727.84 per 40ft container this week.

Top sea polluters beg for climate rules that no rival can avoid
Top sea polluters beg for climate rules that no rival can avoid

Bloomberg | May 04, 2022 | Maritime | Liner Shipping

The ocean shipping industry, among the world’s biggest polluters, is asking a key regulator to overhaul its emissions directives so that all carriers are working off the same rulebook as they make the expensive changes needed to cut output of harmful carbons.

MSC BRC - scope: Import Indian Subcontinent/Middle East to USA (ISC/ME)
MSC BRC - scope: Import Indian Subcontinent/Middle East to USA (ISC/ME)

AJOT | May 04, 2022 | Maritime | Liner Shipping

Effective June 1st, 2022, MSC will implement a BRC quantum for the month of June, 2022 to be considered for the Indian Subcontinent and Middle East will be as follows.

MSC GRI - scope: USA West Coast Port (Oakland) to Indian Subcontinent, Middle East and Red Sea
MSC GRI - scope: USA West Coast Port (Oakland) to Indian Subcontinent, Middle East and Red Sea

AJOT | May 04, 2022 | Maritime | Liner Shipping

Mediterranean Shipping Company has been forced to announce the following General Rate Increase (GRI) effective June 1st, 2022, for 20DV/40DV-HC all cargo ex-Oakland to Indian Subcontinent, Middle East and Red Sea as follows:

MSC THC - Caldera scope: USA to Central America
MSC THC - Caldera scope: USA to Central America

AJOT | May 04, 2022 | Maritime | Liner Shipping

MSC changes in the Terminal Handling Charges (THC) in Caldera with effective date May 29th, 2022.

Veson Nautical acquires Q88
Veson Nautical acquires Q88

AJOT | May 04, 2022 | Maritime | Technology

Acquisition furthers Veson’s growth strategy and ambition to be the standard platform that propels maritime commerce

EU targets Russia’s global oil trade with shipping sanctions
EU targets Russia’s global oil trade with shipping sanctions

Bloomberg | May 04, 2022 | Maritime | Bulk | Energy

The European Union is seeking to go beyond an import ban on Russian crude, targeting insurers in a move that could dramatically impair Moscow’s ability to ship its oil anywhere in the world.

Maersk lost more than $700 million from Russia in quarter
Maersk lost more than $700 million from Russia in quarter

Bloomberg | May 04, 2022 | Maritime | Liner Shipping

A.P. Moller Maersk A/S said it lost more than $700 million in the first quarter from the war in Ukraine as the transport giant counts the cost of exiting Russia.

MSC BRC - scope: WCSA to USA

AJOT | May 03, 2022 | Maritime | Liner Shipping

MSC BRC - scope: ECSA to USA
MSC BRC - scope: ECSA to USA

AJOT | May 03, 2022 | Maritime | Liner Shipping

Effective June 1st, 2022, from: East Coast South America (Argentina, Brazil, Paraguay & Uruguay) to: All USA Ports, Puerto Rico

Russian oil flows fall as the EU edges closer to sanctions
Russian oil flows fall as the EU edges closer to sanctions

Bloomberg | May 03, 2022 | Maritime | Bulk | Energy

While Asia is still snapping up cheap Russian oil from ports that normally deliver to Europe, customers appear to be backing away from cargoes on Russian-owned vessels. That’s undermined flows from Pacific Ocean terminals, cutting nationwide shipments.

Dalian Shipyard orders rudders for six Asiatic Lloyd container vessels from Damen Marine Components
Dalian Shipyard orders rudders for six Asiatic Lloyd container vessels from Damen Marine Components

AJOT | May 03, 2022 | Maritime | Liner Shipping

Efficient hydrodynamic rudder system for ammonia fueled boxships

Port of Virginia welcomes Wan Hai Lines
Port of Virginia welcomes Wan Hai Lines

AJOT | May 03, 2022 | Maritime | Liner Shipping | Ports & Terminals

The Port of Virginia® today welcomed Wan Hai Lines to Norfolk International Terminals. Wan Hai just started a service to the US East Coast that connects us with some important markets in Asia.

New class of hydrogen ship design will revolutionize renewables market
New class of hydrogen ship design will revolutionize renewables market

AJOT | May 03, 2022 | Maritime | Technology | Energy | Alternative

C-Job Naval Architects have designed a brand new class of liquid hydrogen tanker that will revolutionize the renewable energy market.  The tanker concept, developed in partnership with LH2 Europe, is a critical element in realising a green end-to-end liquid hydrogen supply chain.

MSC BRC - scope: Export USA dry cargo for 2022
MSC BRC - scope: Export USA dry cargo for 2022

AJOT | May 02, 2022 | Maritime | Liner Shipping

Effective June 1st, MSC 2022 BRC (Bunker Recovery Charge) levels for Export USA DRY cargo as follows:

Odfjell SE: Fotland appointed new CEO
Odfjell SE: Fotland appointed new CEO

AJOT | May 02, 2022 | Maritime | Bulk | Energy

Odfjell SE’s Board of Directors announces that Harald Fotland has been appointed as the Company's new Chief Executive Officer (CEO). Fotland comes from the position as Odfjell's Chief Operating Officer, and will assume the CEO position on May 6, 2022.

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