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Port of South Louisiana dedicates two cranes for Globalplex dock

AJOT | August 18, 2022 | Maritime | Breakbulk News | Ports & Terminals | Equipment and Tech

Today, the Port of South Louisiana officially dedicated and named its two Konecranes Gottwald Model 6 Portal Harbor Cranes for its public facility, the Globalplex Intermodal Terminal Dock along the Mississippi River. These cranes have increased the Port’s capacity for handling bulk materials and will allow for the handling of containers and project cargo.

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MSC trade Asia to North America schedule update for Sequoia service

AJOT | August 18, 2022 | Maritime | Liner Shipping

MSC is planning to adjust the sailing programme on its Asia to North America network in week 33. 

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Drewry World Container Index - 18 Aug

AJOT | August 18, 2022 | Maritime | Liner Shipping

Drewry’s composite World Container Index decreased by 3% to $6,223.82 per 40ft container this week.

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Port of Long Beach welcomes Pasha Hawaii LNG-powered ship

AJOT | August 18, 2022 | Maritime | Liner Shipping | Ports & Terminals

The Port of Long Beach on Wednesday welcomed Pasha Hawaii’s MV George III, the first container ship powered by liquefied natural gas to refuel on the West Coast. The ship’s LNG-powered engines are dramatically cleaner than those of a traditional cargo ship.

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CMA CGM Group and WHOI launch acoustic monitoring buoy off the coast of Savannah, Ga., to increase whale monitoring efforts

AJOT | August 18, 2022 | Maritime | Technology

The CMA CGM Group, a global player in sea, land, air and logistics solutions, in partnership with Woods Hole Oceanographic Institution deployed a second acoustic monitoring buoy, aptly named CMA CGM Sea Guardian-Savannah, 39 miles off the coast of Savannah, Ga. The first was launched off the coast of Norfolk, Va., last month. The buoys are designed to increase North Atlantic right whale detection efforts along this heavily trafficked route and will thus help protect the critically endangered species.

U.S. petcoke and grain continue to lead the way for Great Lakes-Seaway shipping

AJOT | August 18, 2022 | Maritime | Bulk | Ports & Terminals | Canal and Waterway

Collaboration the key to safer transport of dangerous goods

AJOT | August 18, 2022 | Maritime | Bulk

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Average container prices and leasing rates decline in China amidst peak season shipping

AJOT | August 18, 2022 | Maritime | Liner Shipping

• Average container prices halved from August 2021; leasing rates decline by 17% from June to July this year • China to Canada one-way leasing rates decline at the highest rate by 49 per cent as compared to China to any other country

Grain shipments on Great Lakes-St. Lawrence Seaway System remain strong through July

AJOT | August 18, 2022 | Maritime | Bulk | Ports & Terminals

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MPC Container Ships, North Sea Container Line and Elkem trailblaze new methanol powered container ships

Stas Margaronis | August 17, 2022 | Maritime | Technology | Energy | Alternative

Oslo, Norway-based MPC Container Ships (MPCCS) has announced that it is partnering with North Sea Container Line (NCL) and materials producer Elkem on an order for two 1,300 TEU ‘carbon neutral’ methanol powered container ships.

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ZIM reports financial results for the second quarter of 2022

AJOT | August 17, 2022 | Maritime | Liner Shipping

• Recorded Q2 2022 net income of $1.34 billion; continued to deliver very strong operating margins • Reaffirmed 2022 full year guidance: Expect to generate record adjusted EBITDA of $7.8-$8.2 billion and adjusted EBIT of $6.3-$6.7 billion • Increased quarterly dividend payout to 30% of net income; declared Q2 2022 dividend of approximately $571 million, or of $4.75 per share

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Record US oil exports propel supertanker rates to two-year high

Bloomberg | August 17, 2022 | Maritime | Bulk | Energy

Giant supertankers that haul crude oil across the globe are making the most money in more than two years, buoyed by swelling shipments from the US and the Middle East.

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GT USA enabling a turnaround of the Port of Wilmington

AJOT | August 17, 2022 | Maritime | Breakbulk News | Ports & Terminals | Terminals

Over $200 million of direct additional value provided to Delaware taxpayers in first 3 years of operations

Trailer Bridge launches new MasterMind™ TMS with Mastery Logistics Systems, Inc. 

AJOT | August 17, 2022 | Maritime | Liner Shipping | Intermodal | Road | Logistics

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Steerprop to supply a complete propulsion package for first-of-its-kind wind installation vessel

AJOT | August 17, 2022 | Project / Heavy Lift | Maritime Project | Maritime | Technology | Energy | Alternative

Steerprop, a leading designer and manufacturer of high-performance propulsion systems has been awarded a major order to supply the complete propulsion package for a state-of-the-art Wind Installation Vessel (WIV). The order builds upon Steerprop’s extensive support and successful track record in delivering fit-for-purpose solutions to the offshore renewables sector.

Veteran barge company says business on Upper Rhine is at risk

Bloomberg | August 16, 2022 | Maritime | Ports & Terminals | Canal and Waterway

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Wilhelmsen UAE handles export breakbulk shipment of steel rebars

AJOT | August 16, 2022 | Maritime | Breakbulk News

Wilhelmsen UAE worked alongside their maritime logistics team and client to ship steel rebars from the United Arab Emirates, which weighed a hefty 45,000mt.

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