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ONE and Seaspan Launch New Technical Ship Management Company, OneSea Solutions
Shipping
November 15, 2024
From 
Mike Schuler
 via 
gCaptain

ONE and Seaspan Launch New Technical Ship Management Company, OneSea Solutions

Ocean Network Express (ONE) and Seaspan Corporation (SEASPAN) have announced the establishment of OneSea Solutions (ONESEA), a joint venture set to transform technical ship management and maritime talent development. Headquartered...
EU Readies More Sanctions on Russia’s Shadow Fleet by Year’s End
Shipping
November 15, 2024
From 
Bloomberg
 via 
gCaptain

EU Readies More Sanctions on Russia’s Shadow Fleet by Year’s End

By Andrea Palasciano, Jorge Valero and Alberto Nardelli Nov 14, 2024 (Bloomberg) – The European Union is working on a new package of sanctions aimed at targeting the shadow fleet...
Treasury Slaps Additional Sanctions on Iran’s Oil Smuggling Machine
Shipping
November 14, 2024
From 
Mike Schuler
 via 
gCaptain

Treasury Slaps Additional Sanctions on Iran’s Oil Smuggling Machine

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions on 26 entities, individuals, and vessels linked to the Al-Qatirji Company, a Syrian conglomerate at...
Germany Rejects Arrival of Russian LNG Shipment at Brunsbuttel Terminal
Shipping
November 14, 2024
From 
Reuters
 via 
gCaptain

Germany Rejects Arrival of Russian LNG Shipment at Brunsbuttel Terminal

LONDON/BERLIN Nov 14 (Reuters) – Germany has refused to allow a Russian liquefied natural gas shipment at the Brunsbuttel terminal in northern Germany in line with Berlin’s policy not to import LNG from Russia, industry...
Hapag-Lloyd CEO Expects Shipping Strength to Continue
Shipping
November 14, 2024
From 
Reuters
 via 
gCaptain

Hapag-Lloyd CEO Expects Shipping Strength to Continue

Hapag-Lloyd's CEO said on Thursday he expects continued strength in container shipping volumes, which are driven by global demand for transporting goods and seen as a proxy for trade and a health barometer for the world economy.
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...