Panama Canal Eyes Doubling Container Transits
The Panama Canal Authority could double in coming years the number of containers that move through the commercial waterway that links the Pacific and the Atlantic oceans, the canal's chief told a maritime conference.The authority, which has an $8 billion investment plan, is putting in place a water conservation strategy following a severe drought that forced ships between late 2023 and early 2024 to take alternative routes between the United States and Asia.As part of thatā¦
Remote Inspection: DLS Sends in the Drones
[ to deep, dark & confined spaces ]DLS Marine received approval from ABS for remote inspection, and it is leveraging advanced drone + software tech to make the process of tank inspection more efficient and less dangerous.DLS Marine is a long-tenured name in the U.S. maritime survey market, founded by Bob Stickney as Stickney Marine Surveying in New Orleans in 1968, with a pivotal moment coming in 1977 when Stickney hired Norman Dufour, future DLS Marine Partner, as an apprentice marine surveyor.
ACP: Panama Canal Could Double Box Transits
The Panama Canal Authority could double in coming years the number of containers that move through the key East-West commercial waterway, the canal's chief told a maritime conference on Friday.A cargo-consolidation plan will seek to increase container volumes by assigning them to larger vessels, chief Ricaurte Vazquez told Houston maritime conference listeners. The authority also has granted shippingā¦
CMA CGM's Profit Jumps on Buoyant Demand
Strong global demand pushed up CMA CGM's third-quarter profit while the current quarter was seeing a rush to ship goods from China, the shipping group said on Friday as it played down the risk to trade from possible U.S. tariffs.The French company reported a net profit of $2.73 billion for third quarter, up from $388 million in the year-earlier period, supported by a 5.5% increase in volume for its main ocean shipping division.Like other shipping firmsā¦
Montreal Port Employers Threaten Shutdown
Port of Montreal terminal operators have threatened to shut down most operations as of Sunday after providing a "final, comprehensive offer" to the longshore union.If the Canadian Union of Public Employees Local 375 does not accept the offer by Sunday at 8:00 p.m. "only essential services and activities unrelated to longshoring will continue at the Port of Montréal from 9 p.m. on Sunday," the Maritime Employers Association said in a statement on Thursday.So farā¦
UKMTO: Armed Small Craft Shadowed Vessel
British maritime agency says vessel approached by armed small craft near Yemen.The United Kingdom Maritime Trade Operations agency (UKMTO) said on Friday that a vessel was approached by a small craft on Thursday carrying armed personnel that came within three cables of the vessel.The incident was part of a larger sighting where the vessel observed nine to fifteen small craft in the area, approximately 53 nautical miles southwest of Adenā¦
Did You Know? Six Steps Cyber Attackers Take to Steal Maritime Data
Infostealers, a type of malware designed to steal sensitive information from an infected system, has marked significant rise in the first half of 2024 in the maritime domain, Marlinkās Security Operations Center (SOC) has reported.The whole process involves six steps ā starting from initial infection to the exploitation of acquired data, which can have serious consequences for the maritime industryā¦
ZIM Accelerates Rollout of 'Smart Containers' on Vessels
ZIM Integrated Shipping Services is accelerating the global deployment of smart containers, helping to advance visibility and transparency through the integrationā¦
Keel Laying for Vessel Pair at Vietnam's Piriou Shipyard
A ceremony attended by dignitaries has marked the official ābirth dateā for the two new ships which will serve the Penzance to Isles of Scilly route for the Isles of Scilly Steamship Group (ISSG).The keel laying is a milestone in the build process, recognized for centuries as the ābirthā of a new ship and an important point for the Scillonian IV passenger ferry and the cargo vessel, Menawethan.Guests attended Piriouās shipyard in Vietnam on November 6.ā¦
US LNG Firms Expect Expansion Regulations to Ease Under New Administration
U.S. liquefied natural gas developers awaiting permits for new export projects this week expressed confidence President-elect Donald Trump will ease the way for their multi-billion-dollar expansion plans.Their confidence is buoyed by Trump's promise to end an expanded Department of Energy review that has slowed new export permits. President Joe Biden had paused new non-FTA export permits and askedā¦
China Objects to New Philippine Maritime Laws Covering South China Sea Areas
China summoned the Philippines' ambassador on Friday to express its objection to two new laws in the Southeast Asian nation asserting maritime rights and sovereignty over disputed areas of the South China Sea, its foreign ministry said.China made "solemn representations" to the ambassador shortly after Philippine President Ferdinand Marcos Jr signed the Maritime Zones Act and the Archipelagic Sea Lanesā¦
Wallenius Wilhelmsen Exercises Options for Two Additional Shaper Class PCTCs
Wallenius Wilhelmsen, the worldās largest RoRo vessel operator, has ordered two additional 11,700 CEU Shaper class pure car and truck carriers (PCTCs) from China Merchants Jingling Shipyard in China.The two declared options are part of the four previously announced outstanding options. Delivery is expected in the first half of 2028.As part of the agreement, Wallenius Wilhelmsen will continue to hold options for two more vessels declarable by the second half of 2025.
Crystal Orders Another Cruise Ship from Fincantieri
Italian shipbuilder Fincantieri has received an order for a new cruise ship from U.S.-based cruise operator Crystal, following the exercise of the option granted under the two-unit agreement from June 2024.The value of the agreement, subject to financing and other terms and conditions, is considered as large, which for Fincantieri means it represents a value between $590 million to $1.07 billion.Crystal MoA for 2+1 Cruise Ship OrderThe new unitā¦
Container Vessel Orders Mark Over 50% Rise in 2024
Orders of new container vessels are up by approximately 52% year-on-year with 254 new contracts placed in 2024, compared to 167 in the corresponding period of 2023, according to a new report by Veson Nautical's data intelligence arm VesselsValue.The report, titled āGolden Age: Container shippingās post-covid boom continuesā, states that in addition to the huge uptick in orders, 2024 has seen 362 newā¦
Taiwan Offers Reward for Reports of Chinese Activity
Taiwan's coast guard said on Friday it would offer rewards worth thousands of dollars for spotting Chinese activity at sea, including warships or submarines, saying it was harnessing "people power" to boost its own limited workforce.Taiwan, which China claims as its own territory, has complained for the past five years of stepped up Chinese military activity, and the Taiwanese coast guard has increasingly been involved in patrolling sea areas.China's coast guard's involvement in these activities
IMO Secretary-General Heads to COP29
Secretary-General Arsenio Dominguez will lead IMOās delegation to the annual UN Climate Change Conference (COP 29) to be held in Baku, Azerbaijan, from November 11 to 22, 2024.The 29th Conference of the Parties to the UN Framework Convention on Climate Change (UNFCCC) will bring together world leaders along with an estimated 40,000 delegates representing governments, civil society and the private sectorā¦
PMA Responds to Sanctions Breach Claim
In response to recent media reports regarding a Seamanās Book allegedly found with a Lebanese national naval officer, the Panama Maritime Authority (PMA) has issued a statement clarifying the following:āThe individual mentioned holds a Seamanās Book issued by the Republic of Panama, with an endorsement - meaning official recognition of the title - which was requested at our international offices in 2022.
Bosun Crushed: Unsafe Practices Had Become Normal
The UK Marine Accident Investigation Branch (MAIB) has released its report into a crush incident on board ro-ro cargo vessel Clipper Pennant in Gladstone Dock, Liverpool, England on July 20, 2021.At 1353 on that day, the bosun was fatally crushed while working on the vesselās vehicle deck as the vessel was being loaded with a cargo of semi-trailers.A tractor unit driver pushed a semi-trailer into a corner space, marshalled by the vesselās bosun in their assigned role as banksman.
Scientists Turn Leaves into Oil Factories for Biofuel Production
An Australian-led scientific breakthrough to increase oil yield from plants is expected to advance the production and use of biofuels globally. Oils from plants are typically produced in seeds and fruits, but scientists from Australiaās research agency CSIRO studied how to extend that to the biomass of the plant, including the leaves and stem. CSIROās Dr Thomas Vanhercke, who has been working on the project for more than a decadeā¦
CMB Tech Eyes India, Ship Disposals as Q3 Results Shine
Belgian oil tanker company CMB Tech says it will focus on the fast growing market in India as it reported third quarter results above market expectations on Thursday, boosted by vessel disposals as it diversifies its fleet.After last year's Euronav-Compagnie Maritime Belge takeover, the group shifted strategy by selling 24 tankers to Frontline and acquiring CMB.Tech's fleet. It now operates a diversified fleet of around 160 vesselsā¦