Maritime

Maritime transportation, goods, services and regulation news

UHT and Dongbang form strategic alliance

AJOT Newsroom | January 15, 2024 | Maritime

This significant development has been marked by the signing of a Memorandum of Understanding (MOU) symbolizing the integration of UHT's heavy-lift expertise and Dongbang's mastery of open deck carrier operations...

Maritime

Bloomberg | January 14, 2024

Cost to jump Panama Canal line just got a whole lot cheaper

The cost for shippers to jump ahead of congestion at the Panama Canal has significantly dropped from multimillion-dollar record highs in recent months, as the backlog of vessels to cross has lessened as tankers avoid the canal altogether.

Houthi-fired missile narrowly misses hitting Russian oil carrier

Bloomberg | January 13, 2024 | Maritime | Bulk

Green Hues or Smoke and Mirrors? Nearly half of organizations are concerned they’re at risk of unintentional greenwashing

Ivalua | January 12, 2024 | Energy | Alternative | Maritime

Major oil tanker firm halts Red Sea trips after US strikes Yemen

Bloomberg | January 12, 2024 | Energy | Maritime | Bulk

A Danish fuel-tanker giant said it’s stopped allowing its fleet to sail through through the southern Red Sea, evidence that overnight strikes on Yemen risk adding to disruption that’s already beset oil markets.

Maritime

Stuart Todd | January 12, 2024

Trucknet sets up a Gulf-Israel/Egypt land bridge

Trucknet’s landbridge operation bypasses the troubled Red Sea pinch point...

Maersk - Changes to the OC1 service: Panama Canal

AJOT Newsroom | January 12, 2024 | Maritime

This updated advisory aims to clarify the new product, as the review of the network continues to ensure stability in your supply chain...

US and UK strike Yemen’s Houthis after Red Sea ship attacks

Bloomberg | January 12, 2024 | Maritime

The US and UK launched about 70 airstrikes on Houthi targets in Yemen early on Friday in a bid to stop the Iran-backed group’s shipping attacks in the Red Sea.

Energy

Bloomberg | January 12, 2024

Shipping stocks surge globally as US, UK strike at Houthis

Shipping and energy stocks extended gains on Friday, after the US and UK launched airstrikes on Houthi targets in Yemen, sending crude higher and stoking expectations that shipping rates will remain elevated.

US tanker cancels plan to move military fuel to Philippines

Bloomberg | January 12, 2024 | Maritime | Bulk

PIS with BGN adds two giant gas tankers

AJOT Newsroom | January 12, 2024 | Maritime

Supporting energy, resilience, and global market expansion for Indonesia...

Black Sea mine-hunt deal set to secure Ukraine exports path

Turkey, Romania and Bulgaria joined forces to hunt mines in the Black Sea, a move aimed at improving shipping safety and shoring up vital Ukrainian grain exports to secure funding.