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Kpler Acquires Spire Maritime, Aiming to Dominate Vessel Tracking
Shipping
November 14, 2024
From 
Mike Schuler
 via 
gCaptain

Kpler Acquires Spire Maritime, Aiming to Dominate Vessel Tracking

Brussels-based Kpler has announced its acquisition of Spire Maritime, a leading provider of satellite-powered vessel tracking data. This strategic acquisition aims to bolster Kpler’s position in the global trade intelligence...
CMA CGM Bends to Customer Pressure, Re-Routes INDAMEX Service Back Around Cape
Shipping
November 14, 2024
From 
The Loadstar
 via 
gCaptain

CMA CGM Bends to Customer Pressure, Re-Routes INDAMEX Service Back Around Cape

Pressure from customers has apparently caused French mainline operator CMA CGM to u-turn on plans to operate its INDAMEX (Indian Subcontinent-US East Coast) service through the Suez Canal, just weeks after announcing it.
Hapag-Lloyd Lifts 2024 Forecast Despite Red Sea Risks
Shipping
November 14, 2024
From 
Mike Schuler
 via 
gCaptain

Hapag-Lloyd Lifts 2024 Forecast Despite Red Sea Risks

Hapag-Lloyd’s performance in the first nine months of 2024 has dipped compared to last year, driven by lower freight rates and increased transport costs from rerouting ships around the Cape...
As Hong Kong Convention Looms, BIMCO Unites Industry for Safer Ship Recycling
Shipping
November 13, 2024
From 
Mike Schuler
 via 
gCaptain

As Hong Kong Convention Looms, BIMCO Unites Industry for Safer Ship Recycling

BIMCO, a leading shipping industry association, has launched a Ship Recycling Alliance to accelerate the implementation of safe and environmentally sound practices in the maritime sector. The initiative comes in...
Electric Tug Achieves Guinness World Record
Shipping
November 13, 2024
From 
Mike Schuler
 via 
gCaptain

Electric Tug Achieves Guinness World Record

Damen Shipyards Group and SAFEEN Group, a division of AD Ports Group’s Maritime & Shipping Cluster, have set a new Guinness World Records title for the Most Powerful Electric Tugboat....
Re-Appearing Dark Fleet Vessel Underlines Zombie Ship Challenge
Shipping
November 13, 2024
From 
Bloomberg
 via 
gCaptain

Re-Appearing Dark Fleet Vessel Underlines Zombie Ship Challenge

By Weilun Soon Nov 13, 2024 (Bloomberg) – After a dark-fleet ship exploded off the coast of Malaysia in May last year, its scorched wreck was sent to an Indonesian scrapyard. Then,...
Amazon, IKEA Join Other Ocean Cargo Shippers to Boost Demand for New Green Fuels
Shipping
November 13, 2024
From 
Reuters
 via 
gCaptain

Amazon, IKEA Join Other Ocean Cargo Shippers to Boost Demand for New Green Fuels

By Lisa Baertlein Nov 13 (Reuters) – Amazon.com and IKEA, in alliance with about three dozen other companies that depend on ocean freight, will invite shipping firms for the first time to bid on a contract in...
COP29 Spotlight: Höegh Autoliners and Fortescue Lead Call to Fast-Track Green Ammonia Fuel Adoption in Shipping
Shipping
November 12, 2024
From 
Mike Schuler
 via 
gCaptain

COP29 Spotlight: Höegh Autoliners and Fortescue Lead Call to Fast-Track Green Ammonia Fuel Adoption in Shipping

Norwegian shipping giant Höegh Autoliners and Australian green technology group Fortescue joined forces at COP29 in Baku, Azerbaijan, to urge global regulators to fast-track green ammonia as the marine fuel of choice to decarbonize the shipping industry.
Final Chinese Module Arrives at Russian Arctic LNG 2 Plant, As U.S. Snoozes on Sanctions Action
Shipping
November 12, 2024
From 
Malte Humpert
 via 
gCaptain

Final Chinese Module Arrives at Russian Arctic LNG 2 Plant, As U.S. Snoozes on Sanctions Action

By Malte Humpert (gCaptain) – China has successfully completed a two-month-long shipping operation to deliver a 650 MW power plant to the Russian Arctic. The final heavy lift vessel, Hunter...
How China’s Port Diplomacy is Redrawing South America’s Trade Routes
Shipping
November 11, 2024
From 
Mike Schuler
 via 
gCaptain

How China’s Port Diplomacy is Redrawing South America’s Trade Routes

By Marco Aquino and Eduardo Baptista LIMA/BEIJING, Nov 11 (Reuters) – In South American copper giant Peru, the incoming Donald Trump White House will find itself already on the losing side in a trade...
MSC’s Africa Global Logistics Sees $43 Million Spend in Namibia
Shipping
November 11, 2024
From 
Bloomberg
 via 
gCaptain

MSC’s Africa Global Logistics Sees $43 Million Spend in Namibia

(Bloomberg) — MSC Mediterranean Shipping Company SA’s Africa logistics unit will invest as much as €40 million ($43 million) in Namibia by 2030 to benefit from growing oil, gas and...
Wallenius Wilhelmsen Doubles Down on Record-Breaking RoRo Fleet
Shipping
November 11, 2024
From 
Mike Schuler
 via 
gCaptain

Wallenius Wilhelmsen Doubles Down on Record-Breaking RoRo Fleet

Oslo-based roll-on/roll-off (RoRo) shipping company Wallenius Wilhelmsen has exercised options for two additional 11,700 CEU Shaper class pure care and truck carriers (PCTCs) and plans to upsize two more already...