CMA CGM & Saudi's Folk Maritime Collaborate on Red Sea Service
French shipping giant CMA CGM is teaming up with Folk Maritime, an emerging feeder and short-sea navigation company based in Saudi Arabia.
Shipping
Overweight Fees Announced by CMA CGM for South America
CMA CGM has introduced a new overweight surcharge (OWS), set to take effect from April 1, 2024, and to remain in place until further notice.
Suez Canal Experiences Dearth of LNG Carriers
For over two months, no liquefied natural gas (LNG) carrier has traversed the Suez Canal, as revealed by recent findings from UNCTAD.
Transpacific TP20 Service Reinstated by Maersk
Maersk is set to enhance its service network between Asia and the US East Coast by reintroducing the TP20 service.
Subic Bay Added to ONE's China Thailand Philippines Route
Ocean Network Express (ONE) has introduced Subic Bay port into the service rotation for its China Thailand Philippines route (CTP).
MoU Signed to Sell Off two of ESL Shipping's Supramaxes
ESL Shipping enters agreement to divest two Supramax class ships, Arkadia and Kumpula, to entities under the HGF Denizcilik Limited Sirket group.
Lock 2 Sees First Towboat of the Year on the Mississippi
On Sunday, the inaugural towboat of 2024 navigated through Hastings, MN Lock & Dam 2, heralding the start of the Mississippi's navigation season.
Seventh Regional Office Opened by IMO in Fiji
the IMO is set to establish its seventh Regional Presence Office in Suva, Fiji, following a Memorandum of Understanding signed on March 18th.
Ultramax Newbuild Contract Won by China's New Dayang
Chinese shipbuilder New Dayang has clinched new orders for ultramax bulk carriers from China Construction Bank (CCB) Financial Leasing.
81 Year Old Great Lakes Cargo Vessel Catches Fire
The US Coast Guard reported a fire on the Cuyahoga, the oldest operational cargo ship navigating the Great Lakes.
New Service Network Debuted by OCEAN Alliance
The OCEAN Alliance, comprised of maritime giants CMA CGM, COSCO, Evergreen, and OOCL, has unveiled its refreshed service offering.
CMA CGM's 15,000 TEU Vessel Docks in PortMiami
PortMiami saw the docking of the CMA CGM Bali on March 11. The container vessel boasts a 15,000 TEU capacity & serves the Manhattan Bridge route.
Thai Workers to Help Clear South Korean Shipyard Backlog
3,000 Thai welders and mechanical technicians will be dispatched to the five largest shipyards in South Korea.
LPG/Ammonia Carrier Named by Astomos Energy & NYK
NYK, in partnership with Astomos Energy Corporation recently celebrated the naming ceremony for their newly constructed LPG/Ammonia carrier.
Emboldened Pirates Plan Further Attacks Off Somalia
Following a successful hijacking earlier itn the week, Somali pirates have ventured back to the ocean in pursuit of additional vessels nearby.
UK Visa Law Changed Creating Potential Issue for Seafarers
Adjustments to British visa policies may put international crew at risk of being marooned in the UK should there be outstanding healthcare fees.
Seapath Launches Jones Act Leasing Business
Seapath, a subsidiary of the Libra Group, has initiated a Jones Act leasing operation, having already completed initial transactions worth $25M.
LNG-Powered Car Carrier, Cerulean Ace, Delivered to MOL
The Cerulean Ace, a new LNG-powered car carrier, was recently received by Mitsui O.S.K. Lines (MOL) from Shin Kurushima Dockyard.
Hapag-Lloyd Extends Habben Jansen's Contract to 2029
Rolf Habben Jansen has guided the company to its highest profits to date sees his Hapag-Lloyd tenure as CEO renewed until 2029.
Four New VLCCs Worth $520M Ordered by Ray Car Carriers
Ray Car Carriers has placed an order for four VLCCs with HD Korea Shipbuilding and Offshore Engineering in South Korea for a total of $520 million