HHI-EMD to Deliver Methanol Engines for Evergreen Newbuilds
HD Hyundai Heavy Industries Engine & Machinery (HHI-EMD) has signed a contract with China Huangpu Wenchong Shipbuilding Company and Taiwan’s Evergreen Line to supply 18 methanol dual-fuel HiMSEN engines (7H22CDF-LM) for six 2,400 TEU container ships.HHI-EMD has successfully introduced the eco-friendly methanol HiMSEN engine H32DF-LM (3,000~4,500kW) for ultra-large container ships, with a total of 352 engines ordered and manufactured to date.Following this, the newly developed H22CDF-LM (1…
Shipping Stocks Battered After US Port Strike Ends
Shares in shipping companies fell heavily in Europe and Asia on Friday after workers and U.S. port operators agreed a deal to end a strike on the East and Gulf coast docks far sooner than expected.In early trading in Europe, shipping group A.P.
US Port Strike Leaves Huge Cargo Backlog In Its Wake
U.S. East Coast and Gulf Coast ports began reopening late on Thursday after dockworkers and port operators reached a wage deal to settle the industry's biggest work stoppage in nearly half a century, but clearing the cargo backlog will take time.The strike ended sooner than investors had expected, weakening shipping stocks across Asia on Friday as freight rates were no longer expected to surge.At least 54 container ships queued outside the ports as the strike had prevented unloading and threatened shortages of anything from bananas to auto parts.
Washington State Ferries Cancels Sale of Retired Vessels
Washington State Ferries announced it has canceled the sale of two retired vessels after the buyer failed to meet its contractual obligations and left a tugboat crew abandoned in Puget Sound.Sold in August for $100,000 apiece, the decommissioned WSF ferries Elwha and Klahowya had been sold to Nelson Armas, who has gained approval from the U.S. Department of Transportation's Maritime Administration (MARAD) to transport the out-of-service vessels by tow for recycling at a steel mill facility in Ecuador.But when Armas attempted to move the ferries to Ecuador…
Azerbaijan-managed Vessel Is First to Head to China Via Northern Sea Route
An oil tanker managed by an Azerbaijan-based firm is travelling the Northern Sea Route to China for the first time, taking a route so far dominated by vessels managed by Russian shipping giant Sovcomflot, according to LSEG data and two traders.The vessel Prisma is managed by a private company Vista Vvave Shipmanagement based in Azerbaijan, one of the traders said, citing the vessel's documents.Moscow wants to increase traffic via the Northern Sea Route (NSR), which runs from Murmansk near Russia's border with Norway eastwards to the Bering Strait near Alaska…
USCG RDC: Vessels, Tech, Partnerships Help to Thwart Narcotics, Human Smugglers
In 2011 the 210-foot Coast Guard Cutter VIGILANT was on patrol in the Caribbean when it came upon a suspected maritime narcotics smuggler. As the chase ensued, the suspected smuggler jettisoned bales of what turned out to be cocaine. The VIGILANT crew marked the position on their radar and gathered the latitude and longitude for the bales, then went in pursuit of the suspect vessel. After the suspect was apprehended, the VIGILANT returned to the original position in search of the bales…
Johns Hopkins APL, USCG Team to Address Defense, Maritime Security Challenges
The Johns Hopkins Applied Physics Laboratory (APL) in Laurel, Maryland, and the U.S. Coast Guard Research and Development Center (RDC) in New London, Connecticut, have signed a comprehensive memorandum of understanding (MOU) to team up on addressing critical technology challenges in national defense and maritime security.The MOU builds on a previous agreement signed in 2019, broadening and specifying more precisely the scope of collaboration between APL and RDC. It outlines plans for collaboration on initiatives in areas such as additive manufacturing…
Two Washington State Ferries Vessels Sold for Scrap
Washington State Ferries announced it has sold a pair of retired vessels for recycling in Ecuador.Sold for $100,000 apiece, the ferries Elwha and Klahowya have been acquired by Nelson Armas, who has gained approval from the U.S. Department of Transportation Maritime Administration (MARAD) to transport the out-of-service vessels by tow for recycling at a steel mill facility in Ecuador.WSF described the facility as "clean" and "green" and noted that both retired ferries are certified to be free of hazardous materials.A Western Towboat Co.
Sudden Influx of Tonnage to Ship Recyclers
On the back of freight markets that are finally facing their first set of 2024 jitters, the industry is gradually witnessing an increasing number of units being proposed for a recycling sale, all of which are being confirmed via the sudden influx of tonnage at the Indian and Bangladeshi waterfronts this week, reports cash buyer GMS.This coms just as the Pakistani market (as expected) starts to fall behind on its domestic arrivals. At this rate, India looks set to sneak past the Pakistani market in the rankings…
China Harbors Ship Tied to North Korea-Russia Arms Transfers
China is providing moorage for a U.S.-sanctioned Russian cargo ship implicated in North Korean arms transfers to Russia, according to satellite images obtained by Reuters, as U.S. concerns grow over Beijing's support for Moscow's war in Ukraine.Britain's Royal United Services Institute (RUSI) think tank said the Russian vessel Angara, which since August 2023 has moved to Russian ports thousands of containers believed to contain North Korean munitions, has been anchored at a Chinese…
MRS '24 - Panel 5: Identifying Risk, Measuring Success in the "Gray Zone"
The Maritime Risk Symposium is an annual three-day conference in which government and maritime industry leaders, port representatives, researchers, and solution providers convene to examine current and emerging threats to maritime security. MRS2024 is scheduled to take place June 11-13 2024 at Naval Postgraduate School (NPS) in Monterey, CA.A look @ Panel 5: Facilitator: Eric “Coop” Cooper, CAPT, USCG (retired)This panel will inform participants and generate discussion to improve understanding of the risk of gray zone activities pose to the economy…
Maritime Risk Symposium 2024 – Great Power Competition and Gray Zone Engagement
For 15 years the Maritime Risk Symposium (MRS), an annual three-day event, has brought together government and maritime industry leaders, port representatives, international and domestic researchers and solution providers to examine current and emerging threats to maritime security. World events highlight that maritime security is increasingly at risk during the current period of great-power competition and ongoing conflicts. The active competition between nations who are not…
Evergreen & X-Press Feeders Ink MOA for Methanol-fueled Feedering
Global container shipping line Evergreen Marine Corporation has signed a memorandum of agreement (MOA) with X-Press Feeders, the world’s largest independent common carrier, to place its containers on X-Press Feeders’ new dual fuel green methanol vessels. X-Press Feeders is planning to run these vessels on green methanol and operate them within Europe.The two companies moreover will work together to launch a feeder network, which will be the first in Europe to be powered by green methanol.Initially…
CMA CGM, COSCO, Evergreen and OOCL Extend OCEAN Alliance to 2032
French shipping company CMA CGM and its business partners COSCO Shipping 601919.SS, Evergreen 2603.TW and OOCL said on Tuesday that they had agreed to extend their 'OCEAN Alliance' co-operation deal for another five years beyond 2027, to 2032.The 'OCEAN Alliance' partnership aims to help customers deal with their supply chains by offering up fast transit times and access to a wide range of ports, said CMA CGM.The agreement to extend the partnership was signed in Shanghai on Tuesday."The decision to extend our co-operation for at least five more years forges our commitment to meet our customers
SHI Receives Order for 16 Methanol-Powered Ships
Samsung Heavy Industries (SHI) has signed a shipbuilding contract for 16 16,000 TEU methanol-powered container ships from a shipowner in Asia.Evergreen Shipping’s subsidiary Evergreen Marine (Asia) has placed an order with SHI for 16 vessels and a separate order for eight 16,000 TEU with Japan’s Nihon Shipyard.The order amount was KRW 3,959.3 billion ($3.1 billion), the largest ever for a single ship contract, says SHI. It has broken the previous record (12 LNG carriers, KRW 3.331 trillion) set by SHI in June of last year.
Historic Drought, Hot Seas Slow Panama Canal Shipping
Before the Ever Max ship carrying lava lamps, sofas, Halloween costumes and artificial Christmas trees could make its inaugural Panama Canal voyage this month, a historic drought forced it to drop weight by offloading hundreds of containers.Weather-related disruptions denied the vessel, owned by Taiwanese shipping company Evergreen Marine, a chance on Aug. 1 to set a record for carrying the most containers through the vital maritime shortcut that connects the Pacific and Atlantic…
Change of Command at USCG R&D Center
The U.S. Coast Guard Research and Development Center (RDC) held a Change of Command on June 16, 2023, at 10 a.m. at Fort Trumbull in New London. Current RDC Commanding Officer, Capt. Dan Keane, was relieved by Capt. Michael Chien. Capt. Keane held command since May 1, 2020. He retires with 24 years of service.During Capt. Keane’s tenure, the command operated seamlessly during the height of the COVID-19 pandemic. Research continued and the approved portfolio was executed. Highlights included the command celebrating its 50th anniversary…
Evergreen Line Declares Force Majeure on Israel Shipment
Taiwanese container shipping line Evergreen has declared force majeure on a shipment to the Israeli port of Ashdod, with its Ever Cozy vessel diverted to Haifa further north due to safety concerns, according to a customer note.This is one of the first force majeures declared since Hamas Islamists launched attacks on Israel on Oct. 7, amid preparations by Israel's military to launch ground operations into Gaza in retaliation.The Ever Cozy was sailing towards Haifa port on Tuesday, according to data from ship tracking and maritime analytics provider MarineTraffic.Israel has vowed to annihilate Hamas Islamists after its fighters stormed through Israeli towns from Gaza…
Port of Los Angeles Pays Tribute to Shipping Lines That Reduced Emissions
The Port of Los Angeles has recognized the achievements of more than two dozen shipping lines and carriers for participating in the Port’s Vessel Speed Reduction Program (VSRP), an air quality and annual incentive program for vessel operators who reduce their speed as they approach or depart the port.The voluntary program is one of many sustainability efforts currently underway at the Port to reduce emissions and decarbonize operations.Emission reductions are achieved under the…
Dual-fuel Newcastlemax Vessel Delivered to Himalaya Shipping
Himalaya Shipping announced it has taken delivery of the sixth in a series of 12 newbuild 210,000 dwt Newcastlemax dual fuel bulk carriers the company has on order from New Times Shipyard.The vessel, Mount Neblina, will commence a minimum 24-month time charter with an evergreen structure thereafter and will earn an index-linked rate, reflecting a significant premium to a standard Capesize vessel, Himalaya Shipping said. The time charter also includes a profit sharing of any economic benefit derived from operating the vessel's scrubber or running on liquefied natural gas (LNG)…
UK Insurers Join Cargo Safety Initiative
Safetytech Accelerator, a non-profit established by Lloyd’s Register, has confirmed that UK maritime insurers, the UK P&I Club and TT Club, have signed up for its Cargo Fire & Loss Innovation Initiative (CFLII).The Initiative, launched in February 2023, is a multi-year collaborative technology acceleration program focused on reducing cargo fires and loss in maritime and its impact. It is already supported by anchor partners COSCO Shipping Lines, Evergreen Line, HMM, Lloyd’s Register…
Houthi Attacks Expose China's Commercial Stakes in Red Sea
China has called for an end to attacks on civilian vessels in the Red Sea that have dramatically widened the Hamas-Israel conflict and placed Beijing's commercial interests along the Suez Canal at risk.The Iran-backed Houthi militia from Yemen that seeks "Death to Israel" is challenging the ability of the world's biggest trading nation to defend billions in strategic investments in Egypt.Since President Abdel-Fattah el-Sisi came to power in 2014, China has stepped up its investment and commercial activities along Egypt's Suez Canal…
Carbon Capture @ Sea: Evergreen Ship Notches World First
ClassNK has granted its SCCS-Full class notation to Evergreen’s Neopanamax container vessel Ever Top.Short for Shipboard Carbon dioxide Capture and Storage-Full, the SCCS-Full notation signifies that the vessel is now equipped with onboard CO2 capture and storage (CCS) systems.This also marks it as the world's first Neopanamax container vessel to be retrofitted with such systems, according to ClassNK.The CCS systems, designed and developed by Shanghai Marine Diesel Engine Research Institute…