Maritime

Maritime transportation, goods, services and regulation news

Ship crewing giant asks owners to consider Red Sea alternatives

Bloomberg | December 18, 2023 | Maritime | Liner Shipping

Maritime

AJOT Newsroom | December 18, 2023

Panama Canal to increase daily transits to 24 starting in January

• The measure replaces the previous announcement that forecasted daily transits at 20 slots for January and 18 slots for February. • At the end of the rainy season, projections allow for an increase of 6 daily slots

US Navy shoots down 14-drone wave as shippers avoid Red Sea

Bloomberg | December 16, 2023 | Maritime

Maritime

AJOT Newsroom | December 15, 2023

Major agreement with Nestlé for ACT WITH CMA CGM+ low-carbon transport solutions

Committed to achieving Net Zero by 2050, the CMA CGM Group supports its customers in decarbonizing their supply chain with the ACT WITH CMA CGM+ range of low-carbon solutions

Houthi rebel missile attacks threaten global supply chain crisis at Suez Canal

AJOT Newsroom | December 15, 2023 | Maritime

Missile and drone attacks by Houthi militia on merchant ships passing through the Red Sea and Gulf of Aden could trigger a global supply chain crisis, according to industry analysts...

MOL to Become World’s 1st Shipping Company to Issue Blue Bonds

AJOT Newsroom | December 15, 2023 | Maritime

Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Takeshi Hashimoto) today announced that it has decided to issue "blue bonds" through a public offering in Japan's domestic market in January 2024...

In blow to Tesla, India says not planning to cut EV import tax

Bloomberg | December 15, 2023 | International Trade | Maritime | Breakbulk News

India’s government said it’s not currently considering reducing taxes on imported electric vehicles, a stance that could delay Tesla Inc.’s plan to enter the market.

Maersk Tankers to insist its ships can avoid the Red Sea

Bloomberg | December 14, 2023 | Energy | Maritime | Bulk

Maersk Tankers is to insist its fleet of fuel carriers have the option to avoid the Red Sea following an escalation in attacks on merchant ships in the area.

CMA CGM: FAK Rates - Red Sea to North Europe & the Mediterranean

AJOT Newsroom | December 14, 2023 | Maritime

New applicable CMA CGM Freight All Kinds (FAK) rates (*) as follows as from January 14th, 2024 until further notice...

TOP Ships announces Share Repurchase Program

AJOT Newsroom | December 14, 2023 | Maritime

Lars Sorensen appointed Senior Managing Director Region Middle East

AJOT Newsroom | December 14, 2023 | Maritime | People | Appointments

From January 1, 2024, Lars Sorensen will become Senior Managing Director Region Middle East based in Dubai, AE. He will be succeeding Dheeraj Bhatia, who will become a new member of the Hapag-Lloyd...

Billions committed in decade of investment enhancing shipping on the Great Lakes – St. Lawrence Seaway

AJOT Newsroom | December 13, 2023 | Maritime

A comprehensive independent survey of public and private investment conservatively estimates that $10.9 billion CAD ($8.4 Billion USD) will be spent to enhance marine shipping on the Great Lakes and...