Tuesday, January 18, 2022
Shipbuilding

Japan Tests Autonomous Navigation Using Large Ferry

Japanese shipbuilder Mitsubishi Heavy Industries (MHI) announced the completion of what it claims is the world’s first full autonomous navigation

January 18, 2022
Total Views: 3396

container shipping
Shipping

Containership Owner and Operator Danaos Books Multi-Year Charters, Vessel Sales Worth $1 Billion

Athens-based containership owner and operator Danaos Corporation (NYSE: DAC) has announced entering into new multi-year charter agreements for 11 of its vessel

January 18, 2022
Total Views: 3006

Shipping

Rio Tinto Sees Soft Iron Ore Shipments in 2022

By Sameer Manekar Jan 18 (Reuters) – Rio Tinto forecast slightly weaker-than-expected 2022 iron ore shipments on Tuesday, citing tight

January 18, 2022
Total Views: 1308

Shipping

Supply Chain Chaos Helped Ocean Carriers Reap $150 Billion in 2021. Economists Warn It’s Helping Stoke Inflation

By Lauren Etter and Brendan Murray (Bloomberg) — Ocean shipping rates are expected to stay elevated well into 2022, setting up another year of

January 18, 2022
Total Views: 2196

Shipping

Undersea Cable Fault Could Cut Off Tonga Communications For weeks

By Praveen Menon and Tom Westbrook WELLINGTON/SYDNEY, Jan 18 (Reuters) – The South Pacific archipelago of Tonga could spend days, or even weeks, cut off

January 18, 2022
Total Views: 3085

Monday, January 17, 2022
Ports

Port of Boston Welcomes ‘Biggest Ship’ After $850 Million Modernization Project

The Port of Boston welcomed its biggest containership to date over the weekend following a $850 million project to make the port “big ship ready.”

January 17, 2022
Total Views: 4892

Shipping

PetroChina Int’l Tops Singapore’s List of Marine Fuel Suppliers in 2021

SINGAPORE, Jan 17 (Reuters) – PetroChina International Singapore Pte Ltd climbed three spots to be the top marine fuel supplier in the world’s

January 17, 2022
Total Views: 712

Shipping

Surging Global Demand Drives China’s Trade Surplus to New Record in 2021

By Bloomberg News (Bloomberg) — China’s record-breaking export strength continued into December, pushing the annual trade surplus to a new high and

January 17, 2022
Total Views: 802

Sunday, January 16, 2022
Munkebo Maersk Suez
Shipping

Suez Canal Expansion Plans Accelerated For Completion By July 2023

DUBAI, Jan 16 (Reuters) – A project to expand parts of the Suez Canal is expected to be completed after two years of work in July 2023, the chairman

January 16, 2022
Total Views: 3876

Friday, January 14, 2022
Shipping

U.S. Holiday Sales Endure Supply Chain Snags

Jan 14 (Reuters) – U.S. holiday sales in 2021 came in at a better-than-expected $886.7 billion, boosted by customers returning to stores and splurging

January 14, 2022
Total Views: 457

Ports

Port of Los Angeles Extends Dwell Fee Threat for Ocean Carriers

Southern California’s Port of Los Angeles has extended its container dwell fee program threatening ocean carriers with steep daily fees for import

January 14, 2022
Total Views: 470

Shipping

Indonesia Allows 37 Ships to Leave as Coal Export Ban Eased

By Fransiska Nangoy and Bernadette Christina JAKARTA (Reuters) – Indonesia said on Thursday it would allow 37 vessels loaded with coal to depart, in the

January 14, 2022
Total Views: 2316

APM terminals los angeles
Shipping

Maersk Q4 Beats Expectations as Freight Rates Jump 80%

A.P. Moller – Maersk says preliminary results for the fourth quarter of 2021 beat expectations. Revenue during the final three months of last year came

January 14, 2022
Total Views: 2073

Freeport LNG Ship Terminal Texas
Shipping

European LNG Shortage Pulls More Tankers Away From Asia

By Sergio Chapa (Bloomberg) Higher natural gas prices and lower shipping rates are increasing the draw of U.S. liquefied natural gas cargoes to Europe over

January 14, 2022
Total Views: 1717

Thursday, January 13, 2022
Environment

Ørsted Invests in Swedish E-Methanol Project to Help Decarbonize Shipping

Danish power company Ørsted has announced plans to acquire a minority stake in what could become one of the world’s first large-scale e-methanol

January 13, 2022
Total Views: 712

rickmers maritime
Shipping

Older Containerships Enjoying Busy Year Ahead of New Emission Rules

By Mike Wackett (The Loadstar) – Continued strong demand for container tonnage has resulted in many sizes now being totally ‘sold out’ and their

January 13, 2022
Total Views: 2919

smoke pollution coming from a container ship
Environment

EU’s Carbon Market for Shipping Leaves Millions of Tonnes of CO2 Unregulated, Study Shows

By Jonathan Saul and Kate Abnett LONDON/BRUSSELS, Jan 13 (Reuters) – European Commission proposals to bring shipping into the bloc’s carbon

January 13, 2022
Total Views: 603

angshan Deep-Water Port
Ports

Shipping Congestion Growing at World’s Biggest Port

By Ann Koh (Bloomberg) — Ships looking to avoid Covid-induced delays in China are making a beeline for Shanghai, causing growing congestion at the

January 13, 2022
Total Views: 3183

Wednesday, January 12, 2022
Shipping

Supply Chain Chaos Spurs New ETF to Ride Shipping Boom

By Emily Graffeo (Bloomberg) — ProShares is preparing a new ETF to exploit chaos across global supply chains even as bottlenecks show signs of easing

January 12, 2022
Total Views: 1325

Shipping

Online Holiday Sales Growth in U.S. Hit By Supply Chain Snarls, Report Says

Jan 12 (Reuters) – U.S. consumer spending on online shopping during the holiday season was weaker than expected, Adobe Analytics data showed, as supply

January 12, 2022
Total Views: 525