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23 Dec 2024

Black Sea Spill Volunteers Beg Putin for Help

File image: An oil soiled Sea bird struggles after a coastal oil spill. (c) ChrisTYCat Adobestock

Volunteers helping to clean up a major oil spill along Russia's Black Sea coast appealed in a video released on Monday for President Vladimir Putin to urgently send federal aid, saying that they and local authorities were overwhelmed.The pollution, which has coated sandy beaches at and around Anapa, a popular summer resort, has caused serious problems for seabirds and everything from dolphins to porpoises.The oil is from two ageing tankers hit by a storm on Dec. 15. One of the vessels split in half…

23 Dec 2024

Baltic Index Ticks Up as Large Bulkers Post Gains

(c) Stock87 / Adobestock

The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, rose on Monday, as rates increased across larger vessel segments.The index, which factors in rates for capesize, panamax and supramax shipping vessels, edged up 4 points to 994 points.The capesize index was up 17 points to 1,132 points. Average daily earnings for capesize vessels, which typically transport 150,000-ton cargoes such as iron ore and coal, increased by $144 to $9…

23 Dec 2024

Trump Threatens to Retake Control of Panama Canal

The Panama Canal (c) Sea Ragen / Adobestock

President-elect Donald Trump threatened to reassert U.S. control over the Panama Canal on Sunday, accusing Panama of charging excessive rates to use the Central American passage and drawing a sharp rebuke from Panamanian President Jose Raul Mulino.Speaking to a crowd of supporters in Arizona, Trump also said he would not let the canal fall into the "wrong hands," warning of potential Chinese influence on the passage.After the event, he posted an image on Truth Social of an American flag flying over a narrow body of water…

20 Dec 2024

Volunteers Battle Black Sea Oil Spill

Volunteers struggled on Friday to shovel up tons of sticky oil from Russia's Black Sea coastline following what President Vladimir Putin has called an ecological disaster.The oil spilled from two ageing Russian oil tankers that were severely damaged by a weekend storm in the Kerch Strait that separates southern Russia from Crimea, which Moscow annexed from Ukraine in 2014. One of the vessels split in half, and a crew member was killed, while the other ran aground.At the sea's edge, volunteers shoveled oil and blackened sand into white sacks to be taken away in trucks, as more viscous black tar drifted in on the waves."I've never seen anything like this. I can't even really imagine it.

20 Dec 2024

ESG Delivers LI Ferry to McAllister Subsidiary

The Ferry LONG ISLAND on sea trials (c) ESG

PANAMA CITY, FL – Eastern Shipbuilding Group, Inc. (ESG) announced the successful delivery of the LONG ISLAND (ESG Hull 228), a newly constructed passenger and auto ferry, to the Bridgeport & Port Jefferson Steamboat Company, a subsidiary of McAllister Towing. The vessel, designed to provide seamless transportation between Bridgeport, CT, and Port Jefferson, NY, across Long Island Sound, is the latest addition to the company’s fleet."This delivery is a proud moment for our team," said Joey D’Isernia, CEO and Chairman of Eastern Shipbuilding Group, Inc.

20 Dec 2024

Baltic Index Snaps 3-Session Slide

(c) Eugene / bAdobestock

The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, snapped its three-session losing streak on Friday, supported by strong rates across the capesize and panamax vessel segments.The index, which factors in rates for capesize, panamax and supramax shipping vessels, rose 14 points to 990 points. The contract was down 5.8% for this week.The capesize index was up 36 points to 1,115 points. The index lost about 11.7% this week.

19 Dec 2024

ABS CEO Wiernicki Emphasizes Sustainable Shipping

ABS Chairman and CEO Christopher J. Wiernicki (c) ABS

Don’t Overlook Shipping’s Critical Role in U.S. Sustainable Transport Future, ABS Chairman and CEO Urges Washington.“Many of our sustainable transportation programs and initiatives tend to become mode-centric, but it is critically important to optimize the overall sustainable freight transportation across modes from origin to destination, which requires a system of systems focus.”That was the message to U.S. transportation industry and Government leaders from ABS Chairman and CEO Christopher J.

19 Dec 2024

Rahn elected Manatee County Port Authority chairman

Manatee County Commissioner Mike Rahn (c) Seaport Manatee

Manatee County Commissioner Mike Rahn has been elected chairman of the Manatee County Port Authority.“It is a privilege to chair SeaPort Manatee’s governing board as we continue to advance key infrastructure enhancements and hurricane recovery efforts while setting the course for even greater realization of the port’s role as a leading contributor to our region’s economy,” said Rahn, whose election was confirmed today [Dec. 19] at a meeting of the Manatee County Port Authority, following selection at the Dec.

20 Dec 2024

MISNA Announces Leadership Transition

Stephen Lyman (c) MISNA

Stephen Lyman named President and Captain Steve White transitions to Chairman.The Maritime Information Services of North America (MISNA), a leading association providing information, communications, and services to promote safe, secure, efficient and environmentally sound maritime operations, is proud to announce the appointment of Stephen Lyman, Executive Director of the Maritime Association of the Port of NY & NJ, as its new President. Lyman will succeed Captain Steve White…

19 Dec 2024

Germany’s Mosel River Remains Closed for Lock Repairs

Germany's Mosel river (c) Petrus / Adobestock

The Mosel River in Germany will remain closed to cargo shipping in January despite the success of a temporary lock helping to free vessels trapped on the river after an accident, navigation authorities said on Thursday.The temporary lock will not permit a reduced level of cargo shipping to operate on the river while repairs to a damaged lock start in the new year, said a spokesperson for German inland navigation agency WSA.Germany's federal transport ministry said separately that a resumption of normal shipping along the Mosel could be possible in early February 2024.The river…

19 Dec 2024

Germany's Wilhelmshaven Terminal offers May LNG Capacity

A Wilhelmshaven LNG Terminal (c) HansPeter Adobestock

Deutsche Energy Terminal (DET) said on Thursday that Germany's Wilhelmshaven liquefied natural gas terminal intends to market capacity for ships to discharge LNG in May 2025, adding that there would be limited slots available in the first quarter there and at another location.DET has been commissioned by Berlin since the height of Europe's energy crisis in 2022 to market regasification of gas volumes arriving on LNG tankers, as well as related storage and gas deliveries to inland…

19 Dec 2024

Israel strikes port, energy targets in Yemen

(c) VanderWolf Images / Adobestock

Israel launched strikes against ports and energy infrastructure in Houthi-held parts of Yemen on Thursday and threatened more attacks against the Iran-aligned militant group, which has launched hundreds of missiles at Israel over the past year.As Israeli jets were in the air, the Israeli military said it intercepted a missile headed towards central Israel which destroyed a school building in Ramat Efal in the western part of Tel Aviv with what a military spokesperson described as falling shrapnel.The Houthis - who have launched attacks on international shipping near Yemen since November 2023…

18 Dec 2024

Trump Tariff Threat Lifts US Ocean Imports

(c) wetzkaz / Adobestock

When U.S. presidential candidate Donald Trump started talking about new import tariffs on the campaign trail, Danny Reynolds checked the tags on wedding dresses in his bridal salon and sped up some shipments to his independent clothing store in Indiana."I was grabbing tags specifically to look at the country of origin and it was China, China, China, China, China, China," said Stephenson's of Elkhart boutique owner Reynolds, who moved deliveries of around 20 bridal gowns ahead…

18 Dec 2024

Broad Sector Declines puts Baltic Index at 17-month low

(c) Darunrat / Adobestock

The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Wednesday, hitting its lowest level in nearly 17 months, as rates dipped across all vessel segments.The index, which factors in rates for capesize, panamax and supramax shipping vessels, fell 25 points to 1,028 points, hitting its lowest level since July 2023.The capesize index shed 71 points to 1,237 points, also hitting its lowest level since Sept. 2023. Average daily earnings for capesize vessels…

18 Dec 2024

DP World Starts Construction of New $1.2B Port in Senegal

(Credit: DP World)

The arrival of the dredger Willem Van Rubroeck in Ndayane has marked the start of maritime works for the $1.2 billion Port of Ndayane, a project led by Dubai-owned ports and logistics firm DP World, which aims to transform Senegal into a major center for global trade.The vessel will dredge a 5 km-long shipping channel - an essential step in building this high-capacity port designed to elevate Senegal’s trade infrastructure.Phase 1 of the project includes an 840 m quay and a 5…

17 Dec 2024

Biden's DoE LNG Export Study Tepid on New Permits

(c) alexyz3d Adobestock

The administration of U.S. President Joe Biden released a long-awaited study on the economic and environmental impacts of liquefied natural gas exports on Tuesday, saying the results underscored the need for a cautious approach to new permits.Biden in January had paused the Department of Energy's approvals of U.S. LNG exports to big consumers in Asia and Europe so that his administration could conduct the review, triggering complaints from the oil and gas industry."The main takeaway is that a business-as-usual approach is neither sustainable nor advisable…

17 Dec 2024

Baltic Index Retreats Across All Segments

(c) Eugene / Adobestock

The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, retreated on Tuesday rates dipped across all vessel segments.The index, which factors in rates for capesize, panamax and supramax shipping vessels, fell 18 points to 1,053 points.The capesize index shed 32 points to 1,308 points. Average daily earnings for capesize vessels, which typically transport 150,000-ton cargoes such as iron ore and coal, decreased by $268 to $10…

17 Dec 2024

Tanco adds $8.2 million to IA Port Investments

(c) Tanco

Tanco Terminals is constructing a $8.2 million expansion of its liquid tank farm at Ports of Indiana-Burns Harbor to support growth in Lake Michigan shipments. Tanco is a third-generation, family-owned business operated at the port since 1977.The company stores and performs value-added services for liquid cargoes, from petroleum to food-grade oils.As part of the expansion, Tanco is adding a sixth rail loading track, a new truck scale, three storage tanks – two with 36,000-barrel capacity and a third at 42…

16 Dec 2024

Ukraine blames Russia for Black Sea oil spill

Ukraine said on Monday Russia was to blame for a major oil spill in the Kerch Strait that leads into the Black Sea, accusing Moscow of breaking navigation safety rules by using old tankers and keeping two vessels at sea during a storm.A Russian oil tanker split apart during a storm on Sunday, while another one ended up in distress in the strait that separates Russia from the Crimean Peninsula that Moscow's troops seized and annexed from Ukraine in 2014.Russia did not say how much fuel was leaked but its state news agency TASS reported the two vessels had been carrying 9,200 metric tons of oil products."The Russians have a rather complicated situation... in the Azov and the Black Sea region.

16 Dec 2024

NW Europe Fuel oil Imports at 3-year High

(c) STORYTELLER / Adobestock

A rush to replenish scarce supply of high-sulphur fuel oil (HSFO) pushed Northwest European imports of residual fuel oil to their highest in three years in November, analysts told Reuters.The Amsterdam-Rotterdam-Antwerp (ARA) area, Europe's main trading and refining hub, received around 450,000 barrels per day (bpd) of all types of fuel oil in November, the highest monthly volume since November 2021.That compared with an average of 332,000 bpd over January-October this year, according…

17 Dec 2024

Houston’s Volumes Surge to Best Month of Year

Container Yard at Bayport Container Terminal (c) Port of Houston

Port Houston Container Volumes Up 24% in November.Port Houston is on track to close 2024 as one of its most successful years to date, handling 3,799,573 twenty-foot equivalent units (TEUs) through November—a 9% increase over the same period last year. November volumes alone reached 369,361 TEUs, a notable 24% increase year-over-year. This marks the biggest month of the year for Port Houston in terms of containerized cargo volume.Loaded imports rose by 19% in November, driven by consumer goods and machinery, and loaded exports were up 16% the same month, reinforced by robust resin shipments.

17 Dec 2024

AAM to Construct Electric Ferries for SF Bay Ferry

The AAM 150-passenger battery-electric ferry. (c) AAM

All American Marine (AAM) has announced a partnership with San Francisco Bay Ferry to build their 150-passenger battery-electric vessels. This landmark project will contribute significantly to advancing sustainable passenger transport in the San Francisco Bay Area while showcasing innovative maritime engineering.The concept vessel was initially developed by Aurora Marine Design, based in San Diego, as part of  SF Bay Ferry’s REEF program. Teknicraft Design of Auckland, New Zealand…

17 Dec 2024

Just Do It! NIKE Commits to CMA CGM's New E-Barge Vessel Project

Image courtesy CMA CGM Group

CMA CGM will build and deploy a zero emissions inland transport solution in Vietnam, a solution the company says is a "100% green electricity barge coupled with dedicated charging infrastructures" supplied by a new solar farm at Gemalink terminal in Cai Mep (25% owned by CMA CGM Group). A new dedicated solar farm on the premises of Gemalink will produce 1GWH of green electricity annually to recharge the e-barge.From Binh Duong Province to the deep-sea terminal of Gemalink, the e-barge will make the 180 km return journey emitting zero greenhouse gas emissions…

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