Tuesday, January 11, 2022
APM terminals los angeles
Ports

Maersk Sees Supply Chain Strain Continuing ‘For Some Time’

COPENHAGEN, Jan 11 (Reuters) – Top container shipping firm A.P. Moller-Maersk on Tuesday warned its customers it was still struggling to move

January 11, 2022
Total Views: 1683

California State Budget Proposal Includes $2.3 Billion for Ports
Ports

California State Budget Proposal Includes $2.3 Billion for Ports

California Governor Galvin Newsom on Monday unveiled his 2022-23 state budget proposal, which includes a planned record investment of $2.3 billion for

January 11, 2022
Total Views: 768

Container ships wait off the coast of the congested Ports of Los Angeles and Long Beach in Long Beach, California
Shipping

Supply Chain Startup Project44 Raises Funds at $2.4 Billion Valuation

By Gillian Tan (Bloomberg) — Project44, a startup that enables the world’s largest companies to track shipments across the global supply chain,

January 11, 2022
Total Views: 1095

ONE-Operated MV Madrid Bridge Loses Containers in Atlantic Ocean
Accidents

ONE-Operated MV Madrid Bridge Loses Containers in Atlantic Ocean

A containership operated by Ocean Network Express (ONE) has suffered a container collapse in the Atlantic Ocean while en route to New York. ONE confirmed the

January 11, 2022
Total Views: 14687

cruise ship genting dream
Cruise Ships

Genting Hong Kong Says MV Werften Insolvency to Spark Defaults

By Lorretta Chen (Bloomberg) Genting Hong Kong, the troubled cruise operator controlled by Malaysian tycoon Lim Kok Thay, warned Tuesday of more defaults due

January 11, 2022
Total Views: 2263

Monday, January 10, 2022
Cruise Ship Builder MV Werften Files for Insolvency in Germany -Reports
Cruise Ships

Cruise Ship Builder MV Werften Files for Insolvency in Germany -Reports

German cruise ship builder MV Werften filed for insolvency on Monday leaving the fate of the shipyard and its 2,000 employees uncertain, according to reports.

January 10, 2022
Total Views: 6000

Bollinger Announces Latest Order from General Dynamics Electric Boat
Defense

Bollinger Announces Latest Order from General Dynamics Electric Boat

Lockport, Louisiana-based Bollinger Shipyards has announced its latest order from General Dynamics Electric Boat in support of the U.S. Navy’s new

January 10, 2022
Total Views: 5236

Los Angeles and Long Beach Ports Delay Container Dwell Fee By Another Week
Ports

Los Angeles and Long Beach Ports Delay Container Dwell Fee By Another Week

The ports of Los Angeles and Long Beach have once again postposed consideration of the “Container Dwell Fee” by another week. The ports are citing a

January 10, 2022
Total Views: 1750

Maersk Exercises Options for Four More Methanol-Powered Containerships
Shipbuilding

Maersk Exercises Options for Four More Methanol-Powered Containerships

A.P. Moller – Maersk on Monday confirmed it has exercised options for four additional newbuild containerships to be powered by carbon neutral methanol.

January 10, 2022
Total Views: 4255

Cliff Collapse in Brazil Kills 10, Injures Dozens
Accidents

Cliff Collapse in Brazil Kills 10, Injures Dozens

Ten people are reported dead after a cliff collapsed onto tourist boats on a lake in southeastern Brazil on Saturday. The dramatic incident occurred at a

January 10, 2022
Total Views: 3829

bulk carrier
Shipping

Vale Suspends Some Brazil Operations Amid Heavy Rains

By Gabriel Araujo SAO PAULO, Jan 10 (Reuters) – Heavy rainfall in southeastern Brazil has prompted miners including Vale SA to suspend some

January 10, 2022
Total Views: 937

Thai Navy Wrangles Ghost Ship Drifting Near Oil Rig
Shipping

Thai Navy Wrangles Ghost Ship Drifting Near Oil Rig

The Royal Thai Navy last week was called to rescue a derelict cargo ship listing in the Gulf of Thailand, near the location of an offshore rig. Upon inspection

January 10, 2022
Total Views: 7457

yantian port
Ports

China Tightens Restrictions Near Key Port Amid New Virus Cases

By Ann Koh (Bloomberg) — China tightened restrictions on vehicles entering Shenzhen, spurring concern that the delivery of goods to and from one of the

January 10, 2022
Total Views: 1904

hapag-lloyd ship
Shipping

FMC Probe Into Hapag-Lloyd D&D Could Set Industry Precedent

By Nick Savvides (The Loadstar) – The US Federal Maritime Commission’s investigation into carrier detention & demurrage (D&D) charges could

January 10, 2022
Total Views: 2410

Stacked containers are shown as ships unload their cargo at the Port of Los Angeles
Shipping

Federal Reserve Launches Monitor of Drybulk and Container Shipping ‘Pressure’

How do you quantify supply chain pain? Drybulk freight and containership hires (along with airfreight) are at the epicenter of all the hurt, in the view of the

January 10, 2022
Total Views: 1668

shipping container
News

Shipping Shortages Will Persist In 2022, But Some Sellers Will Struggle With Too Much Inventory

By Sarah Schiffling (The Conversation) Everything was about shortages in 2021. COVID vaccine shortages at the start of the year were replaced by fears that we

January 10, 2022
Total Views: 2150

Robert Gordon Sproul Scripps
Environment

Scientists Say The Ocean Is Getting Loud

By Iain Barber (the Conversation) On summer evenings in the 1980s, the residents of a houseboat community in Sausalito, California would often have trouble

January 10, 2022
Total Views: 9083

Damen acquires Skoonbox to cut yard emissions
Press Releases

Damen acquires Skoonbox to cut yard emissions

Press Release – Damen Shipyards Group has taken over the Skoonbox from Skoon Energy. The world’s first maritime-certified, multi-purpose battery

January 10, 2022
Total Views: 790

Sunday, January 9, 2022
Rogue Wave Photo
Environment

What Is The Value Of A Wave?

(The Conversation via Reuters Connect)-Before COVID-19, global surf tourism spending was estimated at up to a $91 billion per year. And since the start of the

January 9, 2022
Total Views: 3167

Indonesia Holds Talks On Coal Export Ban
Shipping

Indonesia Holds Talks On Coal Export Ban

JAKARTA, Jan 9 (Reuters) – Indonesia is yet to reach a decision on lifting its coal export ban as authorities discussed overcoming logistic issues that

January 9, 2022
Total Views: 2680