CT Gateway Terminal wins $34M Grant for Zero-Emissions Equipment
Project will integrate electric assets, charging infrastructure and solar power equipment. Gateway Terminal in New Haven, CT, an Enstructure company, will receive funding to purchase and install electric equipment through the U.S. Environmental Protection Agency’s Clean Ports Program. The grant allocation includes $34,000,000 to purchase electric gantry cranes, material handlers and yard trucks, replace current diesel assets…
All Eyes on China as Trump Retakes the White House
Donald Trump’s victory in the US Presidential Election is has importers on edge, fearing another spike in ocean container shipping freight rates premised on President Trump's vow on blanket tariffs of up to 20% on all imports into the US and additional tariffs of 60% to 100% on goods from China.Data from Xeneta shows the last time that President Trump ramped up tariffs on Chinese imports during the trade war in 2018, ocean container shipping freight rates spiked more than 70%.
Reducing Complexity in Marine Winches with Powertrain Solutions
The ChallengeAn international engineering technology company that strives to develop unique, innovative, sustainable products for their customers needed assistance with designing a marine winch, which is a critical component in the marine industry. This component is used for the control, lifting, and retrieval of remote operated vehicles (ROVs) on sea/ocean fairing vessels.The winch needed to lift a type of ROV called a hull cleaner, which is designed to remove fouling on the ship hull.
The Top 5 Cyber Activities Targeting Maritime Industry
In the first half of 2024, the Threat Intelligence team within Marlink’s Security Operations Centre has observed several activities carried out by malicious actors targeting the maritime industry.These activities include phishing, where malicious actors sending fraudulent e-mails or messages try to trick individuals into revealing sensitive information like passwords or financial details.Phishing attack…
Almacam Helps Cut Shipyard Waste, by Design
Almacam is a leader in nesting-CAM software for shipyards. Philippe Rouzeau, Manager of the Shipyard Team, Almacam, explains how it solutions can help shipyards shave production costs and increase efficiency.Almacam is a 45-year-old, employee-owned company created by researchers that were mono-focused on developing nesting algorithms in a laboratory of Grenoble University, France, aiming to bring this nesting algorithm tech to the industry.According to Rouzeau…
Palfinger to Supply Safety Equipment for Canadian Coast Guard's New MPVs
Palfinger Marine, an Austrian manufacturer of hydraulic lifting, loading, and handling systems for marine applications, been selected to supply its Polar Class lifeboats and davits package for the first fleet of ships in the Canadian Coast Guard’s Multi-Purpose Vessel (MPV) renewal program.The contract covers the delivery of equipment for the first six of up to 16 vessels.The collaboration further…
Coach Solutions adds Live Weather Forecasting
Coach Solutions, a leading SaaS provider in the shipping industry, has upgraded its Valid Voyage optimization solution to include live weather conditions and forecasts.The Weather Viewer functionality is available to both crew onboard ship and shoreside managers simultaneously. Data is included in a live map view and can also be accessed as a PDF if the ship is operating in a low bandwidth environment.“We are able to predict the majority of vessel performance parameters with increasing accuracy…
ECOsubsea's Next-Gen Hull Cleaning Robot is Ready for Action
ECOsubsea launched its Ultra High Efficiency Hull Cleaning Service (UHEHCS) in Singapore, introducing its new ROV. According to the company, tests showed the ROV operates 10 times faster than conventional cleaning methods. "We cleaned a fully laden capesize vessel, with an 18-m draft, in just four hours," said ECOsubsea CEO Tor Østervold.Golden Ocean’s Head of Global Operations, Tord Brath, said: "ECOsubsea’s ROV demonstrated impressive speeds and enhanced safety with minimal human intervention.
Trump 2.0: What it Could Mean for Maritime, Energy and Trade
A Donald Trump presidential election victory [which as of this writing looks most likely] would have huge implications for U.S. trade policy, climate change, the war in Ukraine, electric vehicles, among other areas. While some of his proposals would require congressional approval, here is a summary of the policies he has said he would pursue in his second four-year term in office:MORE TARIFFSTrump has floated the idea of a 10% or more tariff on all goods imported into the U.S.…
Seaway7 Secures Inter-Array Cabling Work for East Anglia TWO Offshore Wind Farm
Seaway7, part of the Subsea7 Group, has secured a ‘substantial’ contract from ScottishPower Renewables for the transport and installation of the inter-array cables of the East Anglia TWO offshore wind project.Seaway7’s scope of work for East Anglia TWO includes the engineering, supply and installation of the 64 inter-array cables.Execution of the scope will be led from Seaway7’s Aberdeen office in the UK…
Greek Shipowner Acquires Altera’s Shuttle Tanker Business
Altera Infrastructure has entered into an agreement to sell all its membership interests in Altera Shuttle Tankers (AST) to Maistros Shiptrade, a company affiliated with the Angelicoussis Group.Altera Shuttle Tankers, a shuttle tanker provider, owns and operates 18 shuttle tankers in Brazil, Canada and the North Sea.The Angelicoussis Group is one of the world’s largest privately owned shipping groups…
Akastor Buys Mitsui’s Stake in AKOFS Offshore
Norwegian company Akastor has signed an agreement for the transfer of all of Mitsui’s interests in AKOFS Offshore, a provider of vessel-based subsea well construction and intervention services, for $22.5 million.The agreement is entered into on an ‘as is’ basis and includes all of Mitsui’s interests in AKOFS Offshore, which cover both equity and shareholder loans.As part of the transaction, Akastor…
OEG Renewables Orders Another CTV from Strategic Marine
Singapore-based shipbuilder Strategic Marine has secured an order for a next-generation crew transfer vessel (CTV) from OEG Renewables, part of the OEG Energy Group, destined to operate in Taiwan.The vessel, named Wey Feng, will be the fourth StratCat 27 that Strategic Marine is building for OEG Group.The Wey Feng is a BMT-designed, 27-meter aluminum catamaran powered by dual Caterpillar C32 1450 hp marine engines.
Chevron Expands Lubricant Supply to Port Elizabeth
Chevron Marine Lubricants has extended its global supply capacity to include Port Elizabeth, South Africa, to serve vessels avoiding current conflict areas.Chevron’s current range of marine engine lubricants, including the Taro Ultra range, will be available to ships calling at the multi-cargo port which is located on the western perimeter of Algoa Bay.The port is operational 363 days a year. In addition to bulk and container handling…
FMC Seeks Public Comment on Container Shipping Alliance Agreement
The US Federal Maritime Commission (FMC) has opened a 15-day comment period for members of the public to comment in response to a newly filed vessel sharing agreement between Ocean Network Express (ONE), Hyundai Merchant Marine (HMM) and Yang Ming Marine Transportation (Yang Ming).ONE, HMM and Yang Ming are parties to THE Alliance Agreement (No. 012439) that is currently in effect.The five-year agreement…
Lakes Limestone Trade Down in October
Shipments of limestone on the Great Lakes totaled 3.3 million tons in October, a decrease of 13.1 percent compared to a year ago. Limestone cargos were also below the month’s 5-year average by 9.6 percent.The Lake Carriers' Association, the U.S.-flag Great Lakes fleet trade group, today announced thatl loadings from U.S. quarries totaled 2.7 million tons, a decrease of 8.4 percent. Shipments from Canadian quarries totaled 587,069 tons, a decrease of 29.7 percent.
PIL Orders Five More Dual-Fuel LNG Container Ships
Pacific International Lines (PIL) has ordered another five 9,000 TEU dual-fuel LNG container vessels.The vessels will be built by one of China’s leading shipbuilders, Hudong-Zhonghua Shipbuilding (Hudong-Zhonghua), with delivery expected in 2027 and 2028.Earlier this year, PIL ordered five LNG dual-fuel container vessels with 13,000 TEU capacity from Hudong-Zhonghua. Similar to the earlier orders,…
WSC Welcomes Incoming EU Transport Commissioner
The designated European Commissioner for Sustainable Transport and Tourism, Apostolos Tzitzikostas, will play a pivotal role in securing supply chains and decarbonising the shipping sector, and the World Shipping Council (WSC) welcomes the opportunity to continue its dialogue with the EU Commission.The WSC says Commissioner-designate Tzitzikostas’ list of priorities should include protecting maritime supply chains against illegal trafficking and geopolitical dangers…
Suez Canal Looks to Expand
Suez Canal Chairman Gamal El-Dein says Canal Economic Zone set for rapid expansion.Egypt's Suez Canal Economic Zone (SCEZ) has invested $3 billion on infrastructure over the past few years and has plans to invest a similar amount over the next few years as it works to attract investors, its chairman said in an interview.The zone, a collection of six ports and four industrial areas alongside, or near the waterway…
Canada west coast ports shutdown enters second day
The British Columbia ports labor dispute continued on Tuesday, impacting exports at Canada's biggest port in Vancouver with no sign of negotiating progress.International Longshore and Warehouse Union Local 514 foremen began limited strike actions on Monday at 8:00 a.m. Pacific time (16:00 GMT) and their employer, the B.C. Maritime Employers Association, locked out workers at 4:30 p.m.Industries and provincial governments across Canada are alarmed by the dispute…
