Maritime

Maritime transportation, goods, services and regulation news

Collaboration the key to safer transport of dangerous goods

AJOT Newsroom | August 18, 2022 | Maritime | Bulk

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

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

Energy

Stas Margaronis | August 17, 2022

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

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.

ZIM reports financial results for the second quarter of 2022

AJOT Newsroom | 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

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

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

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.

Labelmaster’s 2022 Dangerous Goods Symposium to examine hazmat supply chain issues

AJOT Newsroom | August 17, 2022 | Maritime

[Freightos Weekly Update] Ocean rates level while UK braces for port strike

AJOT Newsroom | August 17, 2022 | Maritime | Liner Shipping

Maritime

AJOT Newsroom | August 17, 2022

GT USA enabling a turnaround of the Port of Wilmington

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.

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

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

Wilhelmsen UAE handles export breakbulk shipment of steel rebars

AJOT Newsroom | 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.

Alfa Laval FCM Methanol chosen as the fuel supply system for six methanol-fuelled container vessels

Alfa Laval technology is playing a leading role in the marine industry’s transition to carbon-neutral green methanol. In this year’s largest methanol order to date, the Alfa Laval FCM Methanol will be the low-flashpoint fuel supply system (LFSS) on six dual-fuel container vessels. The system was chosen for both its real-life performance and its high design flexibility.

Maritime

AJOT Newsroom | August 15, 2022

Kalmar and Tropical Shipping strengthen long-term relationship with new order for straddle carriers

Kalmar, part of Cargotec, has concluded an agreement to supply international cargo and logistics operator Tropical Shipping with three Kalmar diesel-electric straddle carriers. The order was booked in Cargotec's 2022 Q3 order intake, and the delivery of all units is scheduled to be completed in Q3 2023.