Shipping News Archives - Shipping Herald
WEB6 days ago · Schuyler Line Navigation was awarded a $17,155,000 firm-fixed-price, with reimbursable elements, for time charter of one approved upon delivery U.S. flag or foreign flag...
Japan shipbuilding pins comeback hopes on zero-emissions vessels
WEBSep 27, 2021 · 718. With decarbonization emerging as a priority in the traditionally emissions-heavy shipping industry, Japan’s Imabari Shipbuilding aims to launch a cargo vessel that runs entirely on ammonia by 2026. No ammonia-powered ships have been built to date, but the fuel is considered a key green energy source for the future.
Port of Los Angeles Completes Everport Container Terminal …
WEBApr 5, 2022 · 439. The Port of Los Angeles has completed construction of the $65 million Everport Terminal Improvement Project located at Berths 226-236 along the Los Angeles Main Channel. The project allows Everport to improve the container-handling efficiency and capacity of its existing terminal to accommodate the projected fleet mix of larger container ...
Salvage of stricken oil tanker in Red Sea expected soon, sources say
WEBSep 2, 2024 · A salvage operation to recover a Greek-registered oil tanker stranded ablaze in the Red Sea after an attack by Houthi militants is expected to start in the coming days, two sources with knowledge of the matter said on Friday. The Sounion, which the Houthis and maritime sources have said has been rigged with explosives, is laden with about 1 ...
Maersk enters strategic partnership with Unilever
WEBDec 17, 2021 · A.P. Moller – Maersk (Maersk) announced the signing of an international freight supply chain management partnership with Unilever effective from 2022. The four-year agreement will see the development and management of Unilever’s International Control Tower Solution – an operational management solution which will consolidate the execution of its global ocean and air transport, with the […]
Scholz Vows to Keep Meyer Werft Shipyard Afloat
WEBAug 23, 2024 · The German government is working on a deal to secure the future of Meyer Werft, a 229-year-old shipyard and one of the world’s largest cruise ship builders, Chancellor Olaf Scholz assured workers during a visit to the company on Thursday. “We all want to secure the continued existence of the shipyard – and …
Baltic index hits two-week high on rising capesize rates
WEBAug 15, 2024 · The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, rose to its highest level in two weeks on Wednesday as rates for capesize vessel increased. * The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, rose 58 points, or 3.5%, to 1,728. * The ...
Dalian iron ore posts steepest drop in nearly two years
WEBSep 4, 2024 · The spike was due to a surge in shipping volumes of Brazilian iron ore, which leapt 39% from the previous week to mark its highest weekly shipment since 2019, Mysteel added. Other steelmaking ingredients on the DCE extended losses, with coking coal DJMcv1 and coke DCJcv1 down 2.41% and 2.24%, respectively. Most steel benchmarks on the Shanghai ...
Christiania Shipping to acquire Navquim - Shipping Herald
WEBSep 3, 2024 · 1608. Sogestran Shipping and Christiania Holding A/S (Christiania Shipping) announced that Christiania Shipping will acquire 100% of the shares in NAVQUIM Holding B.V. (NAVQUIM) from Sogestran Shipping. A share purchase agreement has been signed between the parties with an anticipated closing of …
COSCO Shipping reveal massive order of 42 bulk carriers
WEBSep 2, 2024 · The deal includes 20 bulk carriers with COSCO SHIPPING Heavy Industry and 22 with Chengxi Shipyard. The total order value exceeds a staggering RMB 14.36 billion, significantly boosting the company’s fleet of over 140 vessels across various segments, including container ships, bulk carriers, and multipurpose pulp ships. The 20 vessels being ...