Maritime

Maritime transportation, goods, services and regulation news


Russia’s Sovcomflot is renaming oil tankers Hit by US sanctions

Bloomberg | April 30, 2024 | Energy | Maritime | Bulk

First ARC vessel voyage powered by biofuel

AJOT | April 30, 2024 | Energy | Alternative | Green Shipping | Maritime | Breakbulk News

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Red Sea diversions spew carbon emissions equal to 9 million cars

Bloomberg | April 29, 2024 | Green Shipping | Maritime

Ships seeking to avoid ongoing attacks by Houthi rebels in the Red Sea area are emitting millions of additional tons of carbon, making it tougher for companies using ocean freight to reduce pollution across their supply chains.

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Hapag-Lloyd launches first dry container tracking product “Live Position”

AJOT | April 29, 2024 | Maritime | Technology

By being the first container shipping line to introduce a fleet-wide dry container tracking product, Hapag-Lloyd is demonstrating its commitment to deploying pioneering IoT (Internet of Things) technology in logistics on a large scale. More than two thirds of the dry container fleets have already been equipped with tracking devices...

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Norvic Shipping takes positive steps towards future growth with executive leadership transition

AJOT | April 29, 2024 | Maritime | Bulk | People | Appointments

In a strategic move to further enhance its position in the global shipping industry, Norvic announces the departure of Michael Fenger from his role as Chief Commercial Officer effective April 26th, 2024.

Maersk unit worth more than $1 billion set to trade in spinoff
Maritime
Bloomberg | Top Story | April 29, 2024

Maersk unit worth more than $1 billion set to trade in spinoff

A.P. Moller-Maersk A/S is spinning off its towage company on Tuesday in a move analysts expect to slash the transportation giant’s market value by more than 5%.
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Red Sea crisis is preventing a freight rate and liner profit collapse

AJOT | April 29, 2024 | Maritime

The longevity of the Red Sea crisis holds the key to global freight rate levels and the fortunes of container shipping lines in 2024 and beyond...

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Indian Register of Shipping classed tugs – Sonalika and Sarovar launched in Kakinada

AJOT | April 29, 2024 | Maritime

Launched simultaneously, they boast cutting-edge features and technologies, in alignment with global maritime standards...

CBP officers continue recovering stolen vehicles at Charleston and Savannah seaports
Maritime
AJOT | Top Story | April 26, 2024

CBP officers continue recovering stolen vehicles at Charleston and Savannah seaports

So far in the 2024 federal fiscal year, U.S. Customs and Border Protection (CBP) officers have intercepted 18 stolen vehicles valued at approximately 1.1 million dollars during outbound enforcement operations and inspection of shipping containers in Charleston, South Carolina and Savannah, Georgia, destined for countries such as Ghana, Libya, Jordan, Turkey, and the United Arab Emirates.
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Sanctioned tankers giant passage to India is test case for oil

Bloomberg | April 26, 2024 | Energy | Maritime | Bulk

A vessel owned by sanctioned Russian tanker giant PJSC Sovcomflot is heading to India, a signal that flows using the state-owned company’s fleet to the key Asian market may be resuming after a pause...

Galveston Wharves board approves $29 million construction contract for cargo area
Maritime
AJOT | Top Story | April 26, 2024

Galveston Wharves board approves $29 million construction contract for cargo area

1st major cargo infrastructure improvement and expansion project in decades...
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Baltimore’s trapped ships start leaving as new channel opens

Bloomberg | April 26, 2024 | Maritime

Four of seven ships trapped in Baltimore Harbor since the Francis Scott Key Bridge collapsed last month have cleared the wreckage and are en route to their destinations...

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Tanker - Weekly Market Monitor - Week 17

AJOT | April 26, 2024 | Energy | Maritime | By The Numbers

Chart of the Week: VLCC AG-Far East tonne days. A downward revision in the growth of VLCC tonne days from AG to the Far East from March onwards...

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CMA CGM Announcement: New FAK Rates - From Asia to North Europe

AJOT | April 26, 2024 | Maritime

Please find the new applicable CMA CGM Freight All Kinds (FAK) rates (*) as follows as from May 15th, 2024 (loading date) until further notice...

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Strategic Marine lays keel of pair of 40M 500 passenger fast ferry for Bermuda government

AJOT | April 26, 2024 | Maritime

The keel laying ceremony, a time-honored maritime tradition, symbolizes the commencement of the vessel’s construction and represents a crucial step forward in the “Bermuda Ferries” project. It underscores Strategic Marine’s commitment to delivering top-quality maritime solutions that enhance marine connectivity and accessibility for communities...

CMA CGM Group extends loyalty program - SEA REWARD to Asia Pacific

AJOT | April 25, 2024 | Maritime | Liner Shipping

OOCL launches Transpacific Latin Pacific 5 (TLP5) to offer express linkage between Asia and Mexico
Maritime
AJOT | Top Story | April 25, 2024

OOCL launches Transpacific Latin Pacific 5 (TLP5) to offer express linkage between Asia and Mexico

OOCL will launch a new service Transpacific Latin Pacific 5 (TLP5) in our Asia – Latin America network to provide a comprehensive port coverage in the regions.

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