Monthly Archives: October 2021

Eidesvik Offshore CEO is retiring after 16 years

Norwegian offshore shipowner Eidesvik Offshore said on Thursday, its CEO and President Jan Fredrik Meling would leave the position at the as planned Age 65, effective December 31, 2021, after more than 16 years in office. January 2022, the company’s CCO, Gitte Gard Talmo, will replace Meling, who has served …

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AMP issues supply chain letter to DOT secretary Buttigieg about reliable and resilient American shipping

The American Maritime Partnership today publicly released a letter to U.S. Secretary of Transportation Pete Buttigieg underscoring the continued reliability of American maritime services despite the current supply chain crisis. American shipping provides security to American customers and consumers, unaffected by supply chain disruptions and congestion affecting global shipping and …

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The supply side: In-store fulfillment lacks speed and accuracy

As they serve as a fulfillment center for online retail stores, stores have become indispensable as online sales continue to grow. A new report from McKinsey Group found that despite incredible innovation amid the pandemic, retailers still need to use stores as fulfillment centers for pickup and delivery orders. McKinsey …

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Freight shipping market size, growth by 2028

New Jersey, United States, – the Cargo shipping market Verified Market Research’s report is a carefully conducted study. Experts with proven references and a high reputation within the research community have provided an in-depth analysis of the topic, bringing in their unparalleled domain knowledge and extensive research experience. They offer …

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The shipping industry is facing ESG heat from lenders

A view of stacked shipping containers in Southampton Docks, Southampton, UK 18th October 2021. Image taken with a drone. REUTERS / Matthew Childs LONDON, October 19 (Reuters) – According to the Boston Consulting Group (BCG), banks are demanding much more environmentally friendly funding for shipping companies as investor pressure grows …

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Crowley expands in Rhode Island with new offshore wind power

Crowley Maritime Corporation and Governor Dan McKee today announced the opening of the company’s new Rhode Island office to advance the development and operation of offshore wind turbines. The New Energy Division’s new office, located in the CIC Providence in the Innovation and Design District, will lead Crowley’s delivery of …

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Airborne volunteers look for migrants crossing the Mediterranean but struggle to get authorities to rescue them

As dozens of African migrants crossed the Mediterranean on a flimsy white rubber dinghy, a small plane circling 300 meters above sea watched closely their attempt to reach Europe. The twin-engine Seabird, which belongs to the German non-governmental organization Sea-Watch, has the task of documenting human rights violations against migrants …

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Freight flow imbalance is the real capacity problem

Chart of the week: Truckstop.com 7 day van price per mile Los Angeles to Dallas and Dallas to Los Angeles SONAR: TSTOPVRPM.LAXDAL, TSTOPVRPM.DALLAX The main reason for the current shortage of truck loading capacity is the intensification of the majority of goods movements from west to east. This relationship is …

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Newly formed alliance for renewable energies aims to improve supply chain and cost efficiency

The offshore energy providers Aker Solutions ASA, DeepOcean Norway AS and Solstad Offshore ASA have founded the Windstaller Alliance. The new partnership aims to provide cost effective and complete product delivery, manufacturing and marine services within the offshore wind industry and other offshore renewable energies. The Windstaller Alliance will pool …

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Container ship owners see a boom until 2022

The unprecedented demand for container ships is not going to end anytime soon, according to executives at companies that lease ships to shipping companies. Their overwhelming confidence is another ominous sign for ailing freight shippers – and another signal that inflation may persist. Managers of container ship leasing companies (so-called …

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The truck industry is facing a hiring and loyalty crisis

Information from the Bureau of Labor Statistics shows the trucking industry lost 6% of its 1.52 million workers before the pandemic. DALLAS, Texas – Nationwide freight carriers scramble to meet shipping requirements as they desperately try to attract more drivers into the American supply chain pipeline. According to the American …

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Avenir LNG takes over 7,500 m3 bunker delivery ship

The ship is the first in a series of four LNG delivery vessels delivered by Nantong CIMC Sinopacific Offshore & Engineering Co. Image source: Avenir LNG Gas company Avenir LNG has a. accepted 7,500 m3 Delivery ship for terminal supply and bunkering in the Mediterranean. the Avenir aspiration is now …

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Port and shipping industry sees recovery

Aerial view of Manila South Harbor FILE PHOTO The port and shipping industry expects cargo volume to grow as manufacturing activity increases and major economies rebounded strongly. International shipping companies see a slow but stable recovery in the remaining months of the year as demand for shipping increases and freight …

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AkzoNobel supports the shipping industry’s carbon neutral roadmap with the introduction of the Intertrac® HullCare solution, which offers operators unmatched fuel and emissions savings

AkzoNobel offers ship owners additional control over ship efficiency and environmental performance by introducing its new hull management solution, which guarantees a speed loss of up to 1% over a period of ten years. Intertrac® HullCare combines powerful hull coating technology from AkzoNobel’s International® range, state-of-the-art Remote Operating Vehicle (ROV) …

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Tanker Cargo Ship Market Size, Growth, and Key Companies – Anhui Peida Ship Engineering, Astilleros Jose Valia, Astilleros Zamakona, Bodewes Shipyards BV, Brodosplit Shipyard, Construcciones Navales Del Norte, CSBC Corporation

New Jersey, United States, – The report gives an overview of the Tanker cargo ship market and provides a detailed analysis of the industry. It includes a comprehensive analysis of the regions and the competitors associated with the market. The report provides an overview of the current market scenario as …

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The maritime intelligence platform Greywing collects seed capital from investors like Flexport – TechCrunch

Founded in 2019, based in Singapore Gray wings was created to help ship operators and other members of the maritime industry make critical decisions. It includes tools for crew change management, predictive reporting of potential risks such as piracy, and pandemic-related updates to travel restrictions. Greywing today announced the launch …

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SLPA successfully supports damaged container ship

The MV Thalassa Patris, a 370-meter-long container ship operated by Evergreen Line, interrupted her journey from Singapore to Europe via Suez in the Lacadive Sea north of the Maldives and sailed to Colombo when the crew members discovered a freight container on board that after passing Sri. Smoke emitted from …

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Port Panama City has a delivery backlog

PANAMA CITY, Florida (WJHG / WECP) – A record high number of cargo ships are behind the California coast due to the pandemic. The Marine Exchange of California announced that on September 21, 153 ships were stuck on the coast. If you’ve been to restaurants in the area recently, you …

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How supply chain chaos and sky-high costs could last through 2023

Supply chain problems and port congestion are now receiving central bank attention given their impact on inflation. Federal Reserve Chairman Jerome Powell recently lamented: “It’s frustrating to see that the bottlenecks and supply chain problems are not getting better. Actually … [they are] apparently getting worse. “ Powell predicts that …

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The ship that became a bomb

The sudden cancellation of the Safer inspection shocked Ratcliffe. “I’ve always understood that there is a huge risk here in terms of environmental and humanitarian impact,” he told me. “But I honestly believed that we would come to a solution relatively quickly.” When the Houthis withdrew their support for an …

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West Virginia, National Industry Experts Warn, Recruitment, Supply Chain Issues Will Affect Christmas Shopping Season | State newspaper news

CLARKSBURG – Analysts predicted a shortage of supplies and a shortage of retail workers this holiday season, which could lead to higher prices, less variety and delivery delays. The supply chain slowed across the board in the United States in 2021. These complications have caused several problems, such as the …

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In Asia, supply and power shortages are affecting growth

Many export-dependent Asian countries are faced with delivery bottlenecks, power outages and other problems. Information released on Thursday showed that Japan’s factory production has slowed and expectations of China’s production have weakened. Japan’s Suzuki Motor Corporation was the latest automaker to freeze production lines for several days due to a …

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Italian ship rescues 65 migrant boat fleeing Libya

Shortly afterwards, a Libyan coast guard ship arrived to inspect the empty boat. It is common for Libyan authorities to recover engines after rescue operations. The Asso Ventinove reported that all rescued people, including five children, appeared in good health. In radio communications with the Seabird, the captain said he …

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Vineyard Wind secures huge area in Salem

In cooperation with the city of Salem and the Crowley Maritime Corporation, Vineyard Wind has secured a large piece of land at the port of Salem for use as an offshore wind port. The main plan for the property is to build and stage the Commonwealth Wind Project, a Vineyard …

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Why buyers find so many products in short supply

You have probably noticed empty shelves or delivery delays in everything by now of trucks and Toilet paper to Toys and smartphones. Even supermarkets, Restaurants and school canteens are missing programs. A reason? A labor shortage along the Supply chain, the abbreviation for a series of steps that goods move …

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