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 …
Read More »Could Crocs’ supply chain mitigation steps work for others? – RetailWire
October 22, 2021 Facing both overseas factory closures and port congestion in the US, Crocs on Thursday unveiled a multi-tier plan to circumvent supply chain challenges and push for another year of strong growth in 2022. The manufacturer of clog shoes reported that sales in the third quarter rose by …
Read More »The shipping debacle will lead to higher prices in the long run, says the chairman of the Florida Ports Council
PORT EVERGLADES, Florida – Although Governor Ron DeSantis has opened Florida’s seaports for operations, a surge in demand and a crippled US supply chain could lead to soaring prices across the board, said the chairman of the Florida Ports Council. “It really is a perfect storm,” Florida Ports Council chairman …
Read More »Russian cargo ship carries out a new one-day parking space swap at the space station
To update: Russia’s Progress 78 resupply spacecraft was successfully undocked from the Poisk module of the space station late Wednesday (October 20) and is currently scheduled to dock with the Nauka module on Friday (October 22) at 12:24 a.m. EDT (0424 GMT). You can watch a live webcast of the …
Read More »Sixth Forum for International Cooperation in the Maritime Silk Road Port in Ningbo, East China on Wed.
Released: October 21, 2021 at 6:56 pm MDT|Updated: 1 hour ago BEIJING, Oct 21, 2021 / PRNewswire / – Nov. Maritime silk road The Port International Cooperation Forum, one of the activities on the occasion of the Maritime Day of China, opened on Wednesday in the city of Ningbo in …
Read More »EXCLUSIVE Israel is considering a new pipeline to boost gas exports to Egypt
A view of a gas plant from the Suez desert road outside of Cairo, Egypt, September 1, 2020. REUTERS / Amr Abdallah Dalsh / File Photo Israel and Egypt hold talks on new onshore pipeline ministries New Pipeline Expected to Cost $ 200 Million – Industry Sources Pipeline will increase …
Read More »Tesla Achieves Record Third Quarter Profits Despite Parts Shortages And Ship Delays – CBS San Francisco
PALO ALTO (AP) – Record electric vehicle sales last summer amid a shortage of computer chips and other materials brought Bay Area-based automaker Tesla Inc. the highest quarterly net income in history. The company said Wednesday that it earned $ 1.62 billion in the third quarter, beating the old record …
Read More »Cargo Ship Order Backlog in Southern California Ports Reaches All-Time High | Supply chain crisis
The backlog of cargo ships in Southern California hit an all-time high this week as a supply chain crisis continues to overwhelm America’s busiest port complex. On Tuesday, more than 100 ships waited outside the ports of Los Angeles and Long Beach to unload thousands of containers. The backlog has …
Read More »You can see an increase in your clothing prices, here is why
ZoneCreative / Getty Images / iStockphoto You have your favorite shop, your favorite designer, your favorites for functional fashion and a great price. However, don’t be surprised if the tags are priced above average the next time you shop. According to the US Bureau of Labor Statistics consumer price index, …
Read More »North Star Shipping sets sail for profitable work in the renewable energy sector
North Star Shipping, which has made its fortune providing emergency and supply vessels to oil and gas companies in the North Sea, believes that most of its business over the next five years will “simply” be in the renewable energy sector. The company, which has been owned by partner-led Basalt …
Read More »The supply voltage: the story of these container ships swaying off the coast | Local news
You might want to add patience and flexibility to your Christmas shopping list this year. And have a plan B in case it doesn’t work out. By Tuesday, a record 100 container ships were waiting off the coast of Long Beach and Los Angeles to load and unload, and 45 …
Read More »Amazon’s new net zero carbon pledge focuses on marine fuels
Amazon and IKEA are among the big companies pushing the maritime industry to introduce carbon-free fuel sources for ships by 2040. According to the Clean Air Task Force, which worked with the Aspen Institute on a plan to accelerate a carbon-free shipping marketplace among the world’s largest cargo ship owners, …
Read More »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 …
Read More »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 …
Read More »Are container ship backups and supply chain disruptions a communist conspiracy?
Brandy is still there struggle an “infodemic” of rumors and misinformation surrounding the COVID-19 pandemic, and you can help. Find out what we learned and how to vaccinate yourself against COVID-19 misinformation. Read the latest vaccine fact checks. Submit any questionable rumors and “advice” you come across. Become a founding …
Read More »Maritime Administration discovers well-preserved 150-year-old cargo ship
The Swedish Maritime Administration discovered a remarkably well-preserved ship at a depth of around 35 meters during sea measurements outside Umea last month. The location of the wreck outside of Holmsund was determined according to the reports from Vrak. It was the English cargo ship Annie that sank in 1891, …
Read More »Scrubber-equipped VLCCs shine in a weak market – ShipInsight
Shipping analyst Vortexa reports how scrubber installations have shaped the employability and demand of VLCC tankers in a globally depressed crude oil freight market. Before the pandemic, the most important questions of the shipping industry revolved around the IMO 2020. Specifically, the main concerns concerned the delivery quantities of the …
Read More »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 …
Read More »The Shenzhou-13 crew accesses the space station’s cargo module
Beijing, October 17th (EFE) .- The crew of the Chinese Shenzhou-13 spacecraft that entered the China-built space station this Saturday accessed the Tianzhou-3 module, a supply ship that will enter Beijing on Saturday All started. Last month. The China Manned Mission Space Agency reported today through a statement posted on …
Read More »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 …
Read More »EXCLUSIVE China wants to hold US liquefied natural gas in the energy crisis
SINGAPORE / NEW YORK, Oct.15 (Reuters) – Major Chinese energy companies are in advanced talks with U.S. exporters to secure long-term supplies of liquefied natural gas (LNG) as rising gas prices and domestic power shortages raise concerns about fuel safety in the country Land increase, said multiple sources. At least …
Read More »Delays in California ports bring more cargo ships to Portland
Dozens of ships wait off the coast of California to unload their cargo, caused by a supply chain problem exacerbated by pandemic standstills and a labor shortage. PORTLAND, Oregon – More ships are entering Portland to avoid multi-day delays in the ports of Long Beach and Los Angeles, California. Dozens …
Read More »Ships stowing outside US ports idling out pollutants | Supply chain crisis
D.Tons of huge cargo ships decked out with tall stacks of colorful containers still line the coast of Southern California. As part of a shipping bottleneck that plagues US ports, the ships – their diesel-powered engines are always on fire – also pump out pollutants while they are anchored off …
Read More »GTT offers HHI. Membrane containment technology and intelligent solutions
Posted on October 15, 2021 3:56 PM by The maritime executive [By: GTT] GTT was commissioned by its partner, the Korean shipyard Hyundai Heavy Industries (HHI), to develop the cryogenic fuel tanks for two container ships powered by liquefied natural gas (LNG). The two new ships, each with a capacity …
Read More »Rising prices flatter US retail sales; Demand for goods remains strong
Retail sales up 0.7% in September Higher prices helped increase revenue Core Retail Sales Up 0.8%; August corrected slightly upwards WASHINGTON, Oct.15 (Reuters) – U.S. retail sales unexpectedly rose in part in September as more expensive automobiles boosted dealership revenue, but there are fears that supply bottlenecks could disrupt the …
Read More »The mess in the supply chain may not be resolved once container ships are unloaded – NBC 7 San Diego
Cory Whitlock threw up his hands. âIt’s insane. It’s frustrating, “said the owner of the Whitlock Surf Experience in Oceanside. “Who are you talking to? Who do you go for help with supplies?” Whitlock is one of countless business owners trying to source supplies and inventory to keep their business …
Read More »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 …
Read More »Port of Houston highlights Amazon containers as cargo ship unloads
Amazon containers are unloaded from a general cargo ship (Port of Houston) Published October 14, 2021 16:18 by The maritime executive With the expectation that the supply chain disruptions and the shortages of containers and ships will continue during this year’s Christmas season and possibly well into 2022, retailers continue …
Read More »UN chief urges airlines and shipping companies to do more to reduce emissions | Greenhouse gas emissions
Airlines and shipping companies have failed to cut their greenhouse gas emissions and must make new commitments on the climate crisis as the world prepares for a tough climate summit, the UN Secretary-General said. António Guterres criticized the current efforts as insufficient and warned that they would lead to catastrophic …
Read More »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 …
Read More »CA Oil Spill: Oiled Birds Die, SHIP Act, Fallout In Spill’s Wake
ORANGE COUNTY, CA – Half of the nearly 80 birds and fish recovered off the Huntington Beach coast after the oil pipeline leak have died, officials said. Of the 73 birds recovered, 45 have died, according to the Oiled Wildlife Care Network. At least nine dead fish were also recovered. …
Read More »The White House is fighting the looming Christmas crisis
There are growing fears among retailers that Washingtonâs efforts right now can do little to save the important Christmas shopping season. “There is no political intervention that can do this, and there may not be human intervention that can do it because this problem will now last well into next …
Read More »Start Your Christmas Shopping Now: Worldwide shipping delays are expected to worsen during peak retail season
CHARLESTON, SC (WCBD) – Experts say international shipping delays this Christmas season could cause problems. The supply chain has been secured for months due to the pandemic and the high season in retail is imminent. It is due to a shortage of labor in several industries and a high demand …
Read More »Didn’t miss Kim Jong Un feel uncomfortable, instead design NK logos: report
The North Korean leader mysteriously disappeared from the public eye several times in 2021. NK News found the dates coincided with the times Kim was evaluating designs for national projects. Experts have speculated that Kim, who appeared to have lost weight that year, was on sick leave. Loading Something is …
Read More »$ 109 billion offshore wind supply chain over 10 years
ATLANTIC CITY, NJ (AP) – A group studying the economics of offshore wind in the United States says that emerging industries will be worth $ 109 billion to build and operate over the next 10 years for companies in their supply chain will be. The Special Initiative on Offshore Wind …
Read More »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 …
Read More »Texas’ Harbor Island Terminal provides marine facilities for wind energy projects
Harbor Island of the Aransas Terminal Company Aransas Terminal Company has redesigned and reopened Harbor Island’s shipping terminals to serve the freight business for wind energy projects and the utility and service sectors of the offshore oil industry in southern Texas. While the current shipments of wind components via the …
Read More »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 …
Read More »Southern California ship traffic jams slow down Philly Harbor
October 10, 2021 If you passed the Port of Philadelphia recently, you may have noticed a significant drop in shipping activity. According to some accounts, the docks are mostly empty. Before that, however, the port did not have much growth. The most recently published figures from 2019 show a decline …
Read More »Delivery delays plunge the book industry into nerve-wracking chaos
By Gerry Smith and Augusta Saraiva (Bloomberg) – As of late August, five container ships left China with 65,000 copies of a monograph celebrating the career of filmmaker Spike Lee. They were heading for a congested port near Los Angeles, where dozens of ships waited offshore for an opportunity to …
Read More »Evergrande debt deadline, outlook for chip offering, Uniqlo results
Welcome to your week in Asia. This week starts with a thrill: Chinese property developer Evergrande faces another debt payment deadline on Monday. Investors will be closely following a number of Chinese economic indicators throughout the week for more clues about the country’s financial health. Uniqlo owner Fast Retailing and …
Read More »Local ports are feeling global ripples in the supply chain | Local business
âThe port staff works closely with the beneficial owners and Local 21 to load or unload a ship as safely and efficiently as possible, to provide an open berth for the next ship and thus to reduce congestion on the river,â said Clay. With bottlenecks across the supply chain, Clay …
Read More »San Diego has a role to play in alleviating “containergeddon” as the Christmas retail crisis approaches
FILE PHOTO: The congested Los Angeles Harbor is shown in San Pedro on September 29th. REUTERS / Mike Blake The Flying Buttress once glided across the oceans and brought essential goods such as grain to all corners of the world. Now it hides various treasures: Paw Patrol Movie Towers and …
Read More »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 …
Read More »Climate coalition calls on Ikea to “abandon dirty ships” by 2030
The climate and health coalition Ship It Zero is calling on Ikea to switch to emission-free shipping by 2030. The coalition handed a petition signed by nearly 20,000 buyers to the company’s headquarters in Delft, the Netherlands, on Thursday urging Ikea to “abandon dirty ships”. Ship It Zero is managed …
Read More »LJUNGSTRÖM selected as main supplier for New York’s newest offshore wind project
Released: October 8, 2021 at 2:56 p.m. CDT|Updated: 8 hours ago WELLSVILLE, NY, October 8, 2021 / PRNewswire / – LJUNGSTRӦM has a contract with. signed Riggs Distler & Company, Inc. to provide specialized structural steel work for New Yorks Sunrise wind project, which is the largest offshore wind supply …
Read More »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) …
Read More »Cargo ship denies role; Pictures of cracked pipeline released
The Rotterdam Express anchored a few miles offshore last week. The shipowners say they don’t believe the ship was involved in the disaster. Up to 144,000 gallons of oil leaked before the leak stopped. HUNTINGTON BEACH, Calif. – The company that owns a huge cargo ship that was scrutinized when …
Read More »The world’s largest 14 MW offshore wind turbine goes into operation
GE Renewable Energy recently announced that the prototype Haliade-X 14 wind turbine has started operating at 14 megawatts. The prototype was installed in the port city of Rotterdam in the Netherlands. Just 10 months ago, the company announced a 13 MW wind turbine that could power a house for two …
Read More »“Containergeddon”: Supply crisis drives Walmart and rivals to rent their own ships
Major US retailers are chartering ships amid supply shortages Dozens of container ships are stuck in ports on the US west coast Companies that rely on Asian supplies are facing a tough Christmas season Shipping companies can benefit from rising container rates LOS ANGELES, October 7 (Reuters) – The Flying …
Read More »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 …
Read More »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 …
Read More »Posts spread unsubstantiated claims about the cause of cargo ship backups
Container ships are anchored in the ports of Long Beach and Los Angeles, waiting to be unloaded on September 20th. Photo: Mario Tama / Getty Images One Facebook post says the Biden administration is “orchestrating” product shortages by banning foreign ships from entering US ports. “Welcome. To. Communist. America. Where. …
Read More »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 …
Read More »Wind – Vineyard Wind wants to convert the port of Salem into an offshore wind port
Vineyard Wind estimates that the project would create up to an estimated 400 full-time equivalents (FTE) during the port revitalization and up to an additional 500 FTEs in the first five years of operation for the construction and deployment of wind projects as well as for the day -total port …
Read More »Shipping industry outlines roadmap for achieving net zero CO2 emissions by 2050
A shipping industry trade group, which represents over 80% of the world’s merchant fleet, has proposed a bold new plan to help the industry achieve net zero carbon emissions by 2050, doubling the ambitions of the International Maritime Organization’s goal . The International Chamber of Shipping (ICS) has tabled plans …
Read More »Construction begins on the quayside for GE’s Blade Plant in the UK
Construction has begun on the wharf at the Teesworks site, where GE Renewable Energy will build its offshore wind turbine blade manufacturing facility. UK contractor Graham was hired to work on the development of the new South Bank Quay, a 1.2 kilometer heavy lift quay on the banks of the …
Read More »Ship anchor suspected in broken pipeline that contaminated beaches
port of Los Angeles-Long Beach on Tuesday, October 5, 2021. (AP Photo / Eugene Garcia)” title=”A couple of cargo ships are anchored offshore and share space with several oil rigs before heading into the port of Los Angeles-Long Beach on Tuesday, October 5, 2021. (AP Photo / Eugene Garcia)” loading=”lazy”/> …
Read More »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 …
Read More »Shipping industry promises ‘net zero’ | The speaker review
BERLIN – A large group in the shipping industry said Tuesday that its members will aim for ânet zeroâ carbon emissions by 2050 after the global aviation industry committed to the same goal a day earlier. The current goal of the International Maritime Organization, a United Nations agency, is to …
Read More »Numerous ships waited to unload in a Californian port that had leaked
By Jessica Resnick-Ault and Nichola Groom LOS ANGELES, Calif. (Reuters) – Port data says record numbers of ships blocked the port complex near the California oil spill this weekend as investigators investigate whether a ship’s anchor may have hit a pipeline to cause the leak. More than 3,000 barrels of …
Read More »Coca-Cola becomes bulkers amid the chaos of container shipping
The chaos in container shipping has forced some brands like Home Depot, Ikea, and Costco to get creative with their supply chains. We can now add The Coca-Cola Company to the list. According to Alan Smith, Procurement Director of Global Logistics at the beverage giant, the company has thought outside …
Read More »ABB joins a widespread call to accelerate the decarbonization of shipping
The call to action to decarbonise shipping calls on governments to accelerate shipping ambitions to reduce emissions Clean technologies will play a critical role in improving engine efficiency and enabling clean fuel usage ABB has joined more than 155 companies calling on governments to help decarbonise shipping by 2050. IMO) …
Read More »British North Sea expects a flood of orders and a short supply of oil rigs
According to a new analysis, the UK North Sea is likely to be heading for a tighter supply of oil rigs as a spate of deferred drilling contracts for the next year emerges. Last year, Bassoe Offshore (now Esgian) predicted that oil rig demand could increase in 2021 due to …
Read More »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: âIt’s frustrating to see that the bottlenecks and supply chain problems are not getting better. Actually ⦠[they are] apparently getting worse. “ Powell predicts that …
Read More »The ship that became a bomb
The sudden cancellation of the Safer inspection shocked Ratcliffe. âI’ve always understood that there is a huge risk here in terms of environmental and humanitarian impact,â he told me. âBut I honestly believed that we would come to a solution relatively quickly.â When the Houthis withdrew their support for an …
Read More »Adani Ports wants to enter the Bengali maritime sector
Adani Ports, which is rapidly expanding its east coast network, will enter the maritime sector in West Bengal as it emerged as the top bidder to operate a berth in the Haldia Dock Complex, an official said Monday. Adani Ports and Special Economic Zone Ltd outbid city-based Ripley & Co …
Read More »Pakistani minister abandoned offshore plans because of “concerns” about the tax authority | Pakistan
A minister in the Pakistani government of Imran Khan withdrew from planned investments in offshore tax havens after he was told that his country’s tax authorities would be informed, documents in the Pandora papers show. Chaudhry Moonis Elahi, Khan’s Minister for Water Resources and a member of an influential family …
Read More »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 …
Read More »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 …
Read More »Global supply chain problems could be more at risk than Christmas shopping – Corridor News
By Brent D. Sadler | RealClearWire A The global shipping crisis has been brewing quietly for months. Soon there will be layoffs, higher prices and fewer offers in the grocery store. In time, it could threaten the security of our nation. Vice President Kamala Harris caught a glimpse of the …
Read More »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 …
Read More »Pacific nations want to reduce CO2 emissions in the shipping industry
October 1, 2021 The Pacific countries have joined their vulnerable Asian counterparts in decarbonising the shipping industry by 2050. Eleven climate-endangered Asian nations supported the Call of the Climate Vulnerable Forum to the International Maritime Organization, which plans a CO2 tax of 100 US dollars for shipping companies by 2025. …
Read More »Container costs from China to the US hit a record high in September
The port of Savannah is trying to clear the backlog of cargo ships. Ashley Webster from FOX Business with more. The cost of moving shipping containers between China and the US rose to a record high in September. According to Freighto’s Index, the average cost of shipping a standard rectangular …
Read More »Masts of a sunken cargo ship with 1,400 tons of explosives are to be removed in 2022
In 2022, the masts of a sunken cargo ship carrying 1,400 tons of explosives are to be removed. The SS Richard Montgomery sank and split in two off the coast of Sheerness in August 1944 with tons of explosives on board. For more than 70 years it has remained submerged …
Read More »The Fiji Times »Unsung Heroes: Tribute to the Seafarers
Despite the impact of the pandemic, the maritime and shipping sectors kept trade in Fiji. Minister of Commerce, Trade, Tourism and Transport, Faiyaz Koya, said in his speech on World Shipping Day that seaports remained open during the pandemic and provided medicines, food and essentials. âAs a result, the spirit, …
Read More »Even with new cranes, the port of Boston will not alleviate the US shipping crisis
“It would be a mistake to see this as a gigantic opportunity for a port like Boston,” said Hauke ââKite-Powell, senior analyst at Marsoft, a Boston-based maritime research company. Fortunately, according to Lisa Wieland, executive director of the Massachusetts Port Authority, that was never the goal. âOur strategy is to …
Read More »Greek shipping companies and chief engineer charged with covering up deliberate pollution by bulk carriers
The Greek owner and operator, as well as a senior engineer, were charged Thursday in U.S. federal court in New Orleans for violating environmental and safety laws related to MV Joanna, a registered bulk carrier in the Marshall Islands The grand jury’s four-person indictment alleges that Empire Bulkers Ltd., Joanna …
Read More »No, the securing of cargo ships off the coast of Southern California is not due to a “standstill in the established supply chain”
In the ports of Los Angeles and Long Beach, there are record-breaking numbers of cargo ships off the coast. However, it is falsely claimed on social media that these ships are being deliberately prevented from unloading their cargo. People have been sharing pictures of the freighters online, speculating as to …
Read More »Maersk and China Classification Society collaborate on decarbonization R&D
Maersk and CCS collaborate on decarbonization projects (file photo) Posted on October 1, 2021 3:49 PM by The maritime executive AP Moller – Maersk and the China Classification Society (CCS) have continued their efforts to be at the forefront of the shipping industry‘s decarbonization efforts and have signed a framework …
Read More »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 …
Read More »Cameron Closes $ 1.4 Million OFAC Case for Violating Ukraine-Russia Sanctions (Part I of II) | Michael Volkov
In two enforcement actions, OFAC has settled here and here two separate cases involving subsidiaries of Schlumberger Limited – the first with Cameron International Corporation and the second, Schlumberger Rod Lift, Inc., a former subsidiary acquired by Lufkin Rod Lift , Inc. Cameron agreed to pay $ 1.423 million to …
Read More »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 …
Read More »Why Thanksgiving and Christmas Are Getting More Expensive: Warnings of the Collapse of the Supply Chain System
New footage received from DailyMail.com shows the extent of the problem facing United States supply chains with more than a dozen cargo ships and oil tankers anchored in New York Harbor waiting to unload their goods. The huge ships are loaded with products that, due to a lack of dock …
Read More »Diverse times | Siglar Carbon launches free CO2 estimator for the commercial shipping sector
Oslo-based independent emissions monitoring service Siglar Carbon announced on Wednesday (September 29th) that it had the Siglar carbon estimator. The free tool models the CO2 emissions that are specific to each ship and voyage, and enables commercial shipping professionals to compare the carbon impact of their business decisions before entering …
Read More »Thousands of dollars in toys are on order
NASHVILLE, Tenn. (WTVF) – Toy stores are preparing for a difficult Christmas season. Due to the bottlenecks in the shipping ports, toy deliveries can be significantly delayed. Usually a cargo ship can dock, unload, and turn right. This process now takes days due to a labor shortage. “Unfortunately, you have …
Read More »California Provides US $ 15 Billion to Combat Climate Change | Perkins Coie
[co-author: Angela Luh] Governor Gavin Newsom signed a $ 15 billion legislative package on September 23, 2021 to fund efforts to combat climate change in California over the next three years. It is the largest climate investment package in the country’s history. The package includes 24 bills that focus on …
Read More »Crowley Maritime will build and operate an offshore wind port
Image courtesy Crowley Published 09/30/2021 3:19 PM by The maritime executive Offshore wind farm developer Vineyard Wind has announced an agreement with Crowley Maritime to build and operate a large offshore wind terminal in Salem, Massachusetts. The port would serve Vineyard’s âCommonwealth Windâ offshore wind farm proposal, and site development …
Read More »Shipping and storage crises in the US and UK are the latest reminders of the challenges in the supply chain
NORTHWICH, ENGLAND – SEPTEMBER 22: Shelves in a supermarket look sparse as supply chain issues … [+] It continues on September 22, 2021 in Northwich, England. Gaps on supermarket shelves have become more common as the shortage of truck drivers and other workers has disrupted supply chains. (Photo by Christopher …
Read More »Keppel O&M completes substations for Ørsted’s Taiwan projects
Keppel Offshore & Marine Ltd (Keppel O&M) has completed the construction of two offshore substations for Ørsted, which will be launched on Greater Changhua 1and 2aOffshore wind farms in Taiwan. Keppel O&M has completed the engineering, procurement and construction for the two unmanned 600 MW substations for the offshore wind …
Read More »International shipping workers warn of the collapse of global transportation systems
A coalition of trade unions representing shipping workers around the world has warned of an impending “breakdown in global transportation systems” due to the ongoing effects of the COVID-19 pandemic. In an open letter on Wednesday, workers groups warned that fragmented and inconsistent pandemic restrictions around the world have wreaked …
Read More »Bunker Holding is considering acquisitions among larger bunker companies, Green Fuels Players
Keld Demant, CEO of the Bunker Holding. Photo credit: Bunker Holding Bunker holding actively looking for acquisitions with the larger bunker companies as well as players in the green energy sector, CEO Keld R. Demant told Ship & Bunker. âWe have identified several goals and started discussions with partners. For …
Read More »Offshore Oil Rig Market To Reach US $ 150 Billion At 4.2% CAGR Worldwide By 2031
“Market Research Report Offshore Drilling Rigs – InsightSLICE” According to a new Offshore Drilling Rigs market report released by InsightSLICE, increasing investments by manufacturers to introduce innovative products to the market should fuel growth. Global Offshore Oil Rig Market Size 2021 | Impact of Covid-19 on Global Healthcare Industry Analysis …
Read More »Feeder ship conducts its first test drive with synthetic natural gas
Feeder ship Wes Amelie, renamed ElbBlue in 2021, is carrying out the first SNG test run (Unifeeder) Published 09/29/2021 2:34 PM by The maritime executive A shortsea feeder ship is operating the world’s first test voyage with liquefied synthetic natural gas (SNG) in the maritime world. The 10.53 gross ton …
Read More »Richter orders the sale of a cargo ship so the stranded crew can return home
news Jada Loutoo Before an hour A HIGH COURT judge ordered the sale of a foreign cargo ship for its stranded crew to return home. On Wednesday, Judge Frank Seepersad ordered the sale of the BTMax1, which flies the Bolivian flag but was owned by Inter Caribbean Shipping Ltd, based …
Read More »Port director warns that the shipping industry is in “crisis mode”
Long Beach Port Executive Director Mario Cordero said the industry is in “crisis mode”. In September, debris broke several records at the ports of Los Angeles and Long Beach. Long Beach Port operates 24/7 hours of operation, but this may not be enough to combat the problem. Loading Something is …
Read More »Kongsberg Digital delivers simulator suite to UAE Academy – Digital Ship
Kongsberg Digital (KDI) has signed a contract to supply a range of advanced and versatile simulation solutions to the Arab Academy for Science, Technology and Maritime Transport in Sharjah (AASTS), United Arab Emirates. The state-of-the-art simulators enable highly realistic training scenarios for different types of ships in different missions and …
Read More »50-foot boat carrying 686 migrants lands in Lampedusa
Recently arrived migrants in Lampedusa, Italy, 2008 (Sara Prestianni / NoBorder Network / CC BY 2.0) Published 09/29/2021 12:50 AM by The maritime executive On Monday night, almost 700 migrants arrived on a rusted fishing boat on the Italian island of Lampedusa. According to UNHCR, the United Nations Refugee Agency, …
Read More »NPA pulls large merchant ships into Nigerian waters | The Guardian Nigeria News
Acting executive director of the Nigerian Port Authority (NPA), Mohammed Bello-Koko, said to update the status of the country’s maritime hub and increase port revenues in the region, investments are required in modern deep-sea ports that will attract huge numbers of merchant ships. Bello-Koko made the comment at the first …
Read More »Nigeria sees opportunities in the removal of wrecked waterways | The Guardian Nigeria News
Rotimi Amaechi Transport Minister Rotimi Amaechi said removing billions of naira worth of wreckage from the country’s waterways would bring more investment opportunities to the maritime sector. Amaechi explained this at the flag-off of the national wreck removal exercise along Badagry Creek in Lagos by the Nigerian Maritime Administration and …
Read More »Investment in the offshore wind supply chain will reach £ 900m in 2021
Significant investment announcements totaling more than £ 900 million were made this year – the highest since the industry arrived in the UK in 2000. JDR Cables’ plans for a new £ 130 million facility in Northumberland followed a series of high profile investment decisions as deployment targets were raised …
Read More »Logistics lags behind consumer demand before Christmas shopping | Companies
Shortages in supplies and manpower combined with congested delivery lines and rising shipping costs make for an unsafe retail market ahead of the winter holidays. Bucknell University associate professor of analytics and operations management, Jimmy Chen, said shoppers placing orders for overseas-made products this week risk receiving deliveries after Christmas …
Read More »Naval Postgraduate School Tests Maritime 5G Solutions – GCN
Naval Postgraduate School tests maritime 5G solutions By Stephanie Kanowitz 09/28/2021 The Naval Postgraduate School (NPS) and AT&T will develop and test 5G and edge computing-based maritime solutions for potential use in national defense and home security. As part of a three-year joint research and development agreement, high-speed, AT&T 5G …
Read More »Rusted cargo ship brings 686 migrants to Italy, some infected with scabies
The largest single migrant arrival in years was docked in Italy on Monday, with many suffering from the contagious skin disease scabies, the Associated Press reported. The scabies outbreak suggested the migrants who came to Italy were close enough to easily spread the disease during their detention in Libya. According …
Read More »Briggs signs contract with Seagreen buoys – reNews
Briggs Marine has signed a contract with Seaway 7 to supply, deploy, maintain and recover 13 demarcation buoys and three surfing buoys for the 1075 MW Seagreen offshore wind farm off Scotland. The buoys will play a critical role in the safe navigation of all ships and / or shipping …
Read More »APPEC: Energy transition accelerates amid pandemic-related hurdles – BP
Highlights Hydrocarbons remain at the heart of BP’s strategy BP expands comfort and mobility business in new markets Collaboration is key to the industry’s net zero goals The COVID-19 pandemic has had a dramatic impact on energy markets and while there have been many challenges, it has also resulted in …
Read More »Smartphone industry: Despite delivery problems, smartphone companies will deliver 52 million devices in the third quarter
According to market trackers, smartphone manufacturers are expected to ship 50-52 million devices in the July-September quarter, despite a shortage of supply, chipset shortages and logistical challenges. Supported by a surge in consumers upgrading their smartphones after a year and surviving the pandemic, quarterly shipments in the pre-Covid 2019 period …
Read More »Scotland’s oil industry is fading as wind energy attracts
ABERDEEN, Scotland – It’s easy to see the importance of oil to Aberdeen, a time-honored port city on the north-east coast of Scotland. As you step out the door of the small international airport, you will be struck from across the street by the roar of helicopters carrying crews back …
Read More »Pandemic, piracy and panic in the Pacific
While supply chain markets appear to be recovering in the western world, emerging threats in the Asia-Pacific region are worrying some industry analysts about a crisis that could cripple supply chains in the region. These threats include the persistent variants of pandemics and a resurgence of piracy. According to Thomas …
Read More »Container ship invasion hits both US coasts … and China
In today’s episode Dooner and The guy talk about the massive influx of cargo ships on both US coasts and their impact on the entire supply chain. When will the ports finally experience relief from pressure at both ends of the container ship flow? Andrew Smith, Co-Founder and CEO of …
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