Dry bulk fleet renewal faces uncertain future
Dry bulk newbuilding contracting has dropped 70% below the yearly average in the past three months due to falling freight rates, uncertain market conditions, and high newbuilding prices, according to Bimco’s shipping analyst Filipe Gouveia. Weaker Chinese import demand and... more
Dual-fuel LNG carrier joins fleet
UECC has added the dual-fuel LNG car carrier "Blue Aspire" to its eco-friendly fleet, boosting capacity on its European north-south trading route from mid-December. Delivered by CIMC Raffles Offshore Engineering, the 200 m pure car and truck carrier (PCTC) can... more
Moselle: lock closure disrupts supply chains
The closure of the Moselle lock at the Müden barrage (Germany) after a ship collision has severely impacted the regional economy, particularly industries such as oil, food, and steel. Inland ports have called for prompt repairs and comprehensive updates from the waterway... more
Expanded services to drive trade opportunities
Jaxport is set to extend its global trade connections in 2025 through strategic alliances with major ocean carriers following the dissolution of the 2M Alliance. Key developments include the Gemini Cooperation’s new direct service to Cartagena, Colombia, improving access to... more
Second neo-Panamax container ship delivered
OOCL has unveiled its second 16,828 teu container vessel, “OOCL Iris,” built by Nantong Cosco KHI Ship Engineering (Nacks). This vessel, the second in a series of ten, features advanced technologies for operational efficiency, including an integrated data platform for fuel... more
New carbon inset scheme at London Gateway
DP World has launched the world’s first container port “carbon inset programme” at its UK logistics hubs, London Gateway and Southampton, starting 1 January 2025. The six-month trial offers importers 50 kg of independently certified carbon credits for every loaded container... more
Investors back Syroco’s emission-cutting platform
Syroco has secured EUR 7.5 million in series A funding from Alter Equity, Seventure Partners, and previous investors to advance its AI-powered weather routing and vessel optimisation platform aimed at reducing maritime fuel consumption and CO2 emissions. The funds will... more
Enhanced connectivity for Ecuador’s main port
Contecon Guayaquil (CGSA), Ecuardor's main port and a subsidiary of International Container Terminal Services, Inc. (ICTSI), has strengthened its trade links with Asia through a new commercial agreement for the Asia-South America (ASA) service. This partnership brings back... more
Liquefied biomethane to power fleet
United European Car Carriers (UECC) has expanded its collaboration with Titan Clean Fuels, securing a major liquefied biomethane (LBM) supply agreement to reduce its fleet’s greenhouse gas emissions by over 75,000 t in 2025. The deal includes 12,000 t of ISCC-EU certified... more
Shaft system to support zero-discharge goals
Thordon Bearings has supplied its Compac water-lubricated propeller shaft and SXL grease-free rudder bearings for McKeil Marine’s bulk carrier “Northern Venture” as part of a major eco-focused retrofit. Operating on the Great Lakes, the 155 m vessel now features a 409 mm... more