Maritime

Maritime transportation, goods, services and regulation news

[Freightos Weekly Update] ILA - USMX agreement ends strike threat

China torments and titillates seaborne coal market: Russell

China imported a record amount of coal in 2024, driving world imports of the fuel to an all-time high. So why are coal exporters starting 2025 in a deep blue funk?

OOCL presents latest product line-up in 2025

AJOT | January 13, 2025 | Maritime | Liner Shipping

OOCL’s latest product line-up in 2025, following the signing of OCEAN Alliance’s Day 9 products.

January 2025 Container Market Forecaster: 2024 concludes on higher average container price levels globally

AJOT | January 13, 2025 | Maritime | Liner Shipping

• Most U.S. locations record year-over-year growth in average container prices in December 2024 compared to December 2023. • Container demand expected to remain slow until after the Chinese New Year

ZIM joins “Move to -15” coalition, strengthening commitment to cold chain sustainability

AJOT | January 13, 2025 | Green Shipping | Maritime | Liner Shipping

ZIM Integrated Shipping Services Ltd. (NYSE: ZIM), a global leader in refrigerated container shipping, announced today its participation in the “Move to -15” coalition - a cross-industry alliance aiming to cut emissions in the cold chain sector by raising standard temperature of frozen cargo from -18°C to -15°C.

OOCL names its third 16,828 TEU container vessel, OOCL Sunflower

AJOT | January 13, 2025 | Maritime | Liner Shipping

Orient Overseas Container Line Ltd. (“OOCL”) celebrated the naming of its third brand new 16,828 TEU container vessel “OOCL Sunflower” at Dalian COSCO KHI Ship Engineering Co., Ltd. (“DACKS”) today.

International Trade

Reuters | Top Story | January 13, 2025

US probe finds China unfairly dominates shipbuilding, paving way for penalties, sources say

U.S. President Joe Biden's administration has concluded that China uses unfair policies and practices to dominate the global maritime, logistics and shipbuilding sectors, three sources familiar with the results of a months-long trade investigation told Reuters.

Scienco/FAST partners with UniBallast and introduces the InTankFITT® container: Flexible, filterless ballast water treatment

AJOT | January 13, 2025 | Maritime | Technology

Scienco/FAST, along with UniBallast, B.V. based in Rotterdam, The Netherlands, has announced the launch of the portable InTankFITT® Container, a containerized version of its revolutionary filterless Ballast Water Treatment System (BWTS), InTank®.

Ambipar response: Critical environmental partner in the epic Sounion tanker salvage

AJOT | January 13, 2025 | Green Shipping | Maritime | Bulk

Ambipar Response, the emergency response division of Ambipar Group, a global leader in environmental management, played an essential role in the high-profile rescue operation of the Sounion tanker (IMO: 9312145) in the Red Sea.

INTERCARGO Quality Panel expansion enhances sector collaboration to drive maritime excellence

AJOT | January 13, 2025 | Maritime | Bulk

The International Association of Dry Cargo Shipowners (INTERCARGO) announced today a strategic development in meeting the needs of its ever-growing global membership.

Maritime

AJOT | Top Story | January 13, 2025

CMA CGM to revamp its AMERIGO service connecting the Mediterranean & North America

CMA CGM is introducing a new setup of its AMERIGO service connecting the Mediterranean and North America, starting in Salerno on February 10th, 2025.

Russia faces higher costs on sea-borne oil exports due to new US sanctions

Reuters | January 13, 2025 | Maritime | Bulk

Sweeping U.S. sanctions on Russia's oil industry will make it more expensive for Moscow to sell its oil and complicate sea-borne crude exports due to restrictions on tankers, analysts and traders said on Monday.

Castor Marine becomes part of the Navarino Group

AJOT | January 10, 2025 | Maritime

Castor Marine is excited to announce that Navarino has acquired 100% of the shares of Castor Marine B.V. This milestone marks an exciting new chapter for both organizations as they come together to better serve their customers with comprehensive, innovative solutions and a shared commitment to excellence.

OOCL announces operational update for the 4th Quarter 2024

AJOT | January 10, 2025 | Maritime

For the fourth quarter ended 31st December 2024, total revenues increased by 55.0% to US Dollars 2,513.8 million, as compared to the same period in 2023. Total liftings increased by 6.1% and the loadable capacity increased by 4.2%. The overall load factor was 1.5% higher than the same period in 2023. Overall average revenue per TEU increased by 46.2% compared to the fourth quarter of last year.

MSC Announcement: Multiple shipping updates

AJOT | January 10, 2025 | Maritime

Due to the ongoing challenging market situation, which is generating congestion and schedule delays across the supply chain, MSC is planning the following adjustment to its sailing program in weeks 2 and 3. However, you can continue to place bookings like we normally do since we are arranging contingency plans with alternative services.

CMA CGM Group launches Phnom Penh Express Barge service

AJOT | January 09, 2025 | Maritime | Liner Shipping

• The first weekly fixed-schedule barge service between Phnom Penh and Ho Chi Minh City • Phnom Penh Express Barge will facilitate both outbound and inbound shipments to and from US, and other destinations through Gemalink • This new service is launched just a few weeks after the announcement of the e-Barge project by CMA CGM, a 100% electric inland transport solution in Vietnam

Maritime

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