Container Shipping Freight Rates Are Too Low, Says Hapag Lloyd CEO

Global container shipping freight rates have reached unsustainable levels and must rebound, the chief executive of Germany's Hapag Lloyd, the world's number five operator by volume, said on Tuesday."There are spot rates that are clearly below cost," said CEO Rolf Habben Jansen in a call with journalists."In the long run, that typically does not hold.
Group Set Up to Study Onboard Carbon Capture Technologies for Shipping Industry

Ship classification organization ABS said Tuesday it had joined an elite working group comprised of global maritime leaders to study onboard carbon capture technologies.The collaborative project brings together ABS, Diana Shipping Services S.A., Equinor ASA, GasLog LNG Services Ltd., Maran Gas Maritime Inc., Minerva Gas Inc., Neptune Lines Shipping and Managing Enterprises S.A., Norwegian Maritime Authority (NMA), Prime Tanker Management Inc., Solvang ASA, Springfield Shipping Co.
Ulmatec to Deliver Gangway for Another Jones Act Offshore Wind Vessel

Norway-based gangway supplier Ulmatec has secured a contract to supply a 32-meter motion-compensated gangway and logistics support systems for the next US-built Jones Act service operation vessel.This 260-foot vessel will be built for Edison Chouest Offshore (ECO) by North American Shipbuilding, an ECO affiliate. The vessel is a sister design to the “ECO Edison,” the first U.S.-built Jones Act service operation vessel (SOV), and will feature spacious cabins and facilities for 60 technicians.
Sperry Marine to Deliver Navigation Systems for SAL Heavy Lift's New Vessels

Sperry Marine has secured the contract to deliver complete navigation systems including its VisionMaster Net bridge, NAVIGAT gyrocompass, and NAVIPILOT 4500N autopilot for four vessels under construction for SAL Heavy Lift at WuHu shipyard, China. Sperry Marine’s VM Net bridge system provides connected navigation and can be supported remotely, reducing the requirement for in-person service calls, the company said.According to Sperry Marine…
Kongsberg Maritime Unveils Next-gen Offshore Vessel Designs

Norway's Kongsberg Maritime on Tuesday showcased a new line of offshore ship designs in its UT Design portfolio. The new anchor handler (AHT) and platform supply vessels (PSV) have the option to include alternative energy sources and fuels, such as methanol, ammonia, and hybrid-battery power.The AHT and PSV designs have received Approval in Principle from class society DNV to operate with ammonia-fuelled engines and they can incorporate an offshore charging capable plug-in hybrid option…
ONE Takes Delivery of its First 24,000-TEU Ship

Ocean Network Express (ONE) has taken delivery of its first 24,000-TEU container ship, ONE Innovation.The first of six Megamax class vessels, the 400-meter ONE Innovation was delivered by Japan Marine United Corporation’s Kure Shipyard.The vessel has a capacity of up to 24,136 TEU and will help bring economies of scale, says ONE. It features significantly lower carbon emissions through its hull design that aims to maximize cargo intake and minimize fuel consumption.
May Methanol Orders Exceed LNG

According to the latest figures from DNV’s Alternative Fuels Insight (AFI) platform, 19 vessels with alternative fuel propulsion were ordered in May - seven for LNG and 12 for methanol.This brings the year-to-date total for alternative fuel vessels to 73. Martin Wold, Principal Consultant in DNV’s Maritime Advisory business, commented: “In May container vessels and car carriers continued to dominate the orders for ships equipped to use alternative fuels.
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