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MOL Logistics becomes wholly owned subsidiary of MOL

AJOT | November 08, 2022 | Maritime | Liner Shipping

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ADVA opens Hong Kong operation and expands its offering to include marine cargo with appointment of underwriting director

AJOT | November 08, 2022 | Maritime

Managing General Agent ADVA Underwriting (ADVA) has announced its expansion into the marine cargo sector and appointed Joanne Chan as its Underwriting Director-Asia Pacific.

zero44 to provide CO2 management tools to MPC Container Ships

AJOT | November 08, 2022 | Maritime | Technology | Energy | Alternative

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Descartes releases November report on global shipping crisis: U.S. imports stabilize, but port delays continue to recede 

AJOT | November 08, 2022 | Maritime | Liner Shipping | Ports & Terminals

Descartes Systems Group, the global leader in uniting logistics-intensive businesses in commerce, released its November report on the ongoing global shipping crisis and for logistics and supply chain professionals.

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Diesel tankers are about to get biggest demand surge since 1993

Bloomberg | November 08, 2022 | Maritime | Bulk | Energy

Oil tankers hauling fuels like gasoline and diesel are poised for their biggest demand surge in three decades next year, with disruption to Russian oil flows boosting the distances vessels will have to sail.

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Depots to face the brunt of container surplus well into 2023; demand for containers to bounce back in long-term

AJOT | November 08, 2022 | Maritime | Liner Shipping

• ‘Companies have slowed ordering (and carriers cancelling sailings) due to low demand and high inventories, demand to bounce back once these inventories exhaust’ - Container xChange Forecaster • ‘58% of industry professionals polled by Container xChange do not connect declining container rates to global economic normalization in 2022 and further in 2023’ - Container xChange October Poll results • Probable hike in container storage fee to disincentivize longer staying containers at the depots, word of caution for container owners

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Russia sends oil thousands of miles through Arctic circle again

Bloomberg | November 08, 2022 | Maritime | Bulk | Energy

Russia sent its second-ever crude oil shipment east through the Arctic Circle toward China, a route that could one day give the country a faster way to buyers in Asia.

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MSC Savannah tank surcharge scope: Savannah for all import/export

AJOT | November 07, 2022 | Maritime | Liner Shipping

MSC has announced the new TANK SURCHARGES applicable in Savannah for all import/export with effective date December 4th, 2022.

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MSC PSS - scope: Black Sea (excluding EEA countries) to United States East Coast, Gulf and San Juan, Puerto Rico

AJOT | November 07, 2022 | Maritime | Liner Shipping

MSC has announced the new PSS amount from BLACK SEA to USEC/USGC, effective November 5th, 2022 (last container gate in full date), applicable to all equipment types.

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Christiania Shipping solves EEXI and CII challenges with intelligent software

AJOT | November 07, 2022 | Maritime | Technology | Energy

Following successful upgrades of two tankers, the entire fleet at Christiania Shipping will now be equipped with the Frugal Propulsion system for automatic, intelligent engine control. A significant reduction in fuel consumption ensures that the shipping company’s vessels comply with the EEXI regulations and improve their CII rate.

ZIM establishes a fully-owned agency in New Zealand

AJOT | November 07, 2022 | Maritime | Liner Shipping

Crude tanker hauling Russian oil sits for days off UAE’s coast

Bloomberg | November 07, 2022 | Maritime | Bulk | Energy

Shipbrokers IFCHOR and Galbraiths set to merge

AJOT | November 03, 2022 | Maritime

CMA CGM PSS - Reefer cargo from Canada East Coast to Angola, Congo & Gabon

AJOT | November 03, 2022 | Maritime | Liner Shipping

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Aldridge, Daggett and Ebeling receive 53rd annual Admiral of the Ocean Sea (AOTOS) Awards

AJOT | November 03, 2022 | Maritime | Ports & Terminals

United Seamen’s Service’s 53rd annual Admiral of the Ocean Sea (AOTOS) Awards were presented to Edward W. Aldridge, President of CMA-CGM North America and American President Lines; Harold J. Daggett, President of the international Longshoremen’s Association; and Eric P. Ebeling, President and CEO of American Roll-On Roll-Off Carrier Group. 

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RightShip’s GHG Rating to become industry’s first vessel focused rating to include EEXI, EVDI and EEDI in one index

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

Leading ESG-focused digital maritime platform RightShip is pressing ahead with its zero-harm vision for the maritime industry by evolving its GHG Rating to incorporate new regulations being introduced by the International Maritime Organization (IMO) in 2023.

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