17 Aug Daily Briefing August 19 2024
One Hundred Ports: Box ports tread water as the ‘tepid 20s’ persist | One Hundred Ports: Red Sea uncertainty clouds...
One Hundred Ports: Box ports tread water as the ‘tepid 20s’ persist | One Hundred Ports: Red Sea uncertainty clouds...
Transnet National Ports Authority, the government operator of South Africa’s ports, celebrated the commissioning of five new tugboats for the port of Durban on Thursday, August 15. The vessels, along with two launches received last week, are part of the renewal plan launched 12 months...
‘If the foreign owners of the cargo vessel that took down the Francis Scott Key Bridge in Baltimore think they...
Renewable energy giant Ørsted further highlighted the problems in the nascent sustainable fuel market for the shipping industry highlighting that it was unable to secure a contract at a reasonable for the offtake from its pioneering plant. The company surprised investors by reporting today that...
‘I like LR2s the most. I believe larger ships in the current market environment are the preferred choice for our...
With the clock ticking and less than seven weeks till the International Longshoremen’s Association contract expires, both sides are taking to the media with dual statements, something they had promised not to do when the negotiations began. At the same time, major carriers are revising...
The Dutch environmentalist group Extinction Rebellion has begun targeting cruise ships seeking to call attention to its allegations of pollution and environmental impact. The group has so far blocked two cruise ships as the vessels were attempting to exit the locks leading to Amsterdam. The Dutch...
South Korean shipbuilder calls the decision ‘unfortunate’ as the industry is facing a ‘critical moment’ for revival Related StoriesHouthis target vessel three times as US carrier acceleratesWallenius Wilhelmsen posts record earnings as vessel capacity remains sold outYangzijiang Shipbuilding achieves 77% profit surge with record orderbook [ad_2] News source:...
Disney is going big into cruising accelerating investments in its cruise line. The company shocked its loyal fans by revealing plans for four additional newbuilds and today Germany’s Meyer shipbuilding reported it has received the order which is “the highest order value in the history...
[By: Ulsan Port Authority] Ulsan Port Authority (UPA) has announced that it signed an equity investment agreement worth US$17.6 million with Hyundai Oil Terminal Corporation on 1 August 2024, to establish Korea’s alternative marine fuel supply chain centered on Ulsan Port. The investment is a follow-up to the 'Plan...