Maritime

Maritime transportation, goods, services and regulation news

Drewry World Container Index - 12 Oct

AJOT Newsroom | October 12, 2023 | Maritime | Liner Shipping

Drewry’s World Container Index decreased by 1.5% to $1,369.06 per 40ft container this week.

Israel-Palestine conflict set to create challenges in maritime industry while trade continues with caution

AJOT Newsroom | October 12, 2023 | International Trade | Maritime | Liner Shipping

China’s clean car exports surge as Europe starts subsidy probe

China’s new-energy passenger car exports more than doubled last month, as the nation’s growing clout in the global auto market comes under pressure from Europe and the US.

Maritime

AJOT Newsroom | October 11, 2023

Solvay and Vancouver Bulk Terminal to build world-class soda ash shipping facility in the US

This strategic partnership at the Port of Vancouver USA represents a substantial expansion of global export capacity in the world’s fastest-growing soda ash production region.

AkzoNobel and Silverstream Technologies release white paper to help ship owners cut fuel consumption and carbon emissions

AJOT Newsroom | October 11, 2023 | Energy | Green Shipping | Maritime

OOCL names its sixth eco-friendly 24,188 TEU mega vessel “OOCL Gdynia”

AJOT Newsroom | October 11, 2023 | Maritime | Liner Shipping

Today, Orient Overseas Container Line Ltd. (“OOCL”) held the naming ceremony of a 24,188 TEU newbuilding at Dalian COSCO KHI Ship Engineering Co., Ltd. (DACKS) shipyard.

IUMI takes steps to encourage diversity, equity, inclusion and belonging in the marine insurance community

AJOT Newsroom | October 11, 2023 | Maritime

Ocean Network Express takes to the waterways in celebration of World Clean Up Day

AJOT Newsroom | October 11, 2023 | Maritime | Liner Shipping

Ocean Network Express (ONE) proudly marked World Cleanup Day with a month-long #SeaTheChange campaign, as part of the ongoing #ONEOcean initiative.

[Freightos Weekly Update] Ocean rates continue to slump as carriers announce GRIs

Shadow fleet oil tanker drifted for hours in Indian Ocean

Bloomberg | October 11, 2023 | Energy | Maritime | Bulk

A 26-year-old oil tanker that’s moving fuel for Russia drifted for two days in a busy shipping lane in the Indian Ocean, drawing the attention of industry watchers and maritime safety officials.

International Trade

Stas Margaronis | October 11, 2023

British-American’s Snell: Ag exporters facing tough 2023

British-American is a California-based licensed Ocean Transport Intermediary (OTI) / Non-Vessel Operating Common Carrier (NVOCC). It operates as a ...

Growing international chorus demands reduction of Arctic shipping impacts

AJOT Newsroom | October 10, 2023 | Maritime

Arctic Ocean Action calls for urgent action to reduce the climate impact of ships operating in and near to the Arctic by 2030

MarTrust appoints new CEO to drive next phase of growth in maritime payments market

AJOT Newsroom | October 10, 2023 | Maritime | Technology

Maritime

Bloomberg | October 10, 2023

Shipping lines see ‘uncertainty’ in EU’s antitrust regime shift

Container carriers are set to lose a special European Union antitrust exemption for alliances to lower cargo costs, in a shift the industry complained would create uncertainty for firms that move most of the $25 trillion in annual goods trade.

Container values and earnings fall to the lowest levels since early 2021

AJOT Newsroom | October 10, 2023 | Maritime | Liner Shipping

Fixture of 17 year old Xiamen to ONE at 18,000 USD/Day is approx 2,000 USD/Day below the yearly average for classic Panamax assets

Liner shipping vessel sharing agreements to be regulated under general EU Block Exemption regulations

AJOT Newsroom | October 10, 2023 | Maritime | Liner Shipping

The European Commission has decided not to extend the EU legal framework which exempts liner shipping consortia from EU antitrust rules (Consortia Block Exemption Regulation or ‘CBER'). The Commission has concluded that the CBER no longer promotes competition in the shipping sector and therefore it will let it expire on 25 April 2024.

Ukraine ships crops, metal to Europe and Asia via new corridor

Bloomberg | October 10, 2023 | Maritime | Bulk

Ukraine’s commodities are again heading directly to traditional buyers across Europe and Asia via its new shipping corridor in the Black Sea.

Maritime

AJOT Newsroom | October 09, 2023

3p Logistics completes oversized project from China to Sweden

Ilya Goncharov, Global Project Manager of 3p Logistics is pleased to share a movement that he and Global Project Director Niels Chr. V. Andersen coordinated from the first to the final touches...

BV Solutions M&O extends collaboration agreement with Spanish noise and vibrations specialists TSI

AJOT Newsroom | October 09, 2023 | Maritime

The collaboration agreement between the two companies will enhance the worldwide capabilities of BV Solutions M&O to directly address requirements for noise and vibration and underwater noise predictive calculations...

Maritime

AJOT Newsroom | October 09, 2023

DNV has launched new guidelines for CCS systems on board ships

DNV has published new guidelines for the safe installation of onboard carbon capture and storage (OCCS) system on board ships, amid growing pressure on the...

Maritime

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