News
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Reuters : France seizes ship suspected of violating sanctions against Russia in English Channel
France seized a car cargo ship in the English Channel that Washington says was linked to the son of a former Russian spy chief, in one of the first visible displays of the West enforcing sanctions on Moscow over its Ukraine invasion The Baltic Leader was headed to St. Petersburg…
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BW Offshore Transfer of Ownership and Operation of FPSO YÙUM K’AK’NÁAB to Pemex
BW Offshore Limited today announces that, with effect from July 22, 2022, Pemex has assumed the ownership and operation of the FPSO YÙUM K’AK’NÁAB in accordance with the terms of the 15-year FPSO financial lease contract that commenced in 2007. The Mexican state-owned player confirmed the transfer on Saturday within…
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AIDAprima first large cruise ship to be refueled with a blend of marine biofuel
AIDAprima was the first large cruise ship to be refueled with a blend of marine biofuel, which is obtained from 100% sustainable raw materials A few weeks after announcing the creation of a department dedicated to decarbonization, the Costa Group, a cruise operator active in Europe with its two companies…
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Port of Rotterdam :Total throughput slightly higher despite declining trade with Russia
The volume of total cargo throughput in the port of Rotterdam was 0.8% higher in the first half of the year (233.5 million tonnes) than in the same period in 2021 (231.6 million tonnes). In many segments, the war in Ukraine led to significant changes. For example, imports of both…
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Wärtsilä completes Russian market exit
Wärtsilä said that the exit was done in an ‘orderly’ manner and in line with local regulations. Today, Wärtsilä announces that it has completed its orderly exit from the Russian market following its announcement of scaling down activities in April 2022. All adjustments and closures of Wärtsilä’s operations were completed…
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July 22nd – Panama Canal waiting time for non booked vessels (Days)
Neopanamax Locks: 4 days less is the average waiting time for today for Non-Booked Southbound vessels and from 14 days to 5 days for Panamax Plus Southbound transit. Northbound’s on the other hand, show an increase from 5 to 6 days compared to July 21st waiting times. Panamax Locks: overall…
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Port of Melbourne welcomes the Victorian Commercial Ports Strategy
Port of Melbourne welcomes today’s release of the Victorian Commercial Ports Strategy. “The Strategy is a welcome recognition of the important role Victoria’s ports play in the economic wellbeing of Victoria and the surrounding regional areas of both mainland Australia and Tasmania,” Port of Melbourne CEO Saul Cannon said. “We…
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St. Johns Ship Building Announces Keel Laying Ceremony for Jones Act Compliant Crew Transfer Vessels
St. Johns Ship Building hosted a keel laying ceremony for the first Incat Crowther 30 Crew Transport Vessel (CTV) built in compliance with Jones Act regulations in the United States. St. Johns Ship Building was recently acquired by Americraft Marine Group, a maritime subsidiary of the U.S.-headquartered privately-owned business group,…
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Port of Vancouver : ECHO Program update on seasonal initiatives
More than six weeks into the ECHO Program’s 2022 season, see continued strong participation rates in the program’s voluntary underwater noise reduction measures. Port of Vancouver released Over the last week, more than 50 southern resident killer whales from the J, K, and L pods have been seen throughout the…
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Xeneta real-time container rates update: week 29
Long-term rates “through the roof” for trades into New Zealand and Australia, with some contracts up over 400% since 2019 The latest data from Xeneta shows a huge jump in the cost of long-term ocean freight rates into Australasia, with all main routes more than twice as expensive as this…
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