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Ship Products News

21 Sep 2023

US' MARAD Announces Grants to Boost Supply Chain Efficiency

File photo: U.S. Transportation Secretary Pete Buttigieg (Photo: Harvey A. Duze – Office of Command Communications)

The U.S. Department of Transportation’s Maritime Administration (MARAD) awarded nearly $12 million in grants to eight marine highway projects across the nation under the United States Marine Highway Program (USMHP). The funding will improve the movement of goods along our navigable waterways and expand existing waterborne freight services in Alaska, Illinois, Indiana, Louisiana, Texas, Washington, and Wisconsin, which will strengthen supply chains and ultimately cut costs for consumers.“Our country has always relied on American waterways to get vital goods where they need to go,” said U.S.

27 Nov 2020

Vard Delivers World’s First Electric & Autonomous Container Ship to Yara

Credit: Vard

Norwegian shipbuilding firm Vard said Friday it had delivered the Yara Birkeland - the vessel that will be the world’s first all-electric autonomous container ship - to its owners Yara International.Vard was tasked with building a vessel prepared for autonomous operations which Yara will further develop.The hull was built by Vard Braila in Romania, and initially, the plan was for Vard Brevik to outfit and deliver the vessel, however, this was then transferred to Vard Brattvaag…

04 Dec 2019

Mega Cranes Arrive in Liverpool

Three ‘megamax’ quayside ship-to-shore (STS) cranes sailed up the River Mersey, destined for the Liverpool2 container terminal, UK, completing the final stage of their voyage from China.The cranes are part of work on the second phase of the Liverpool2 project to provide additional capacity for growing volumes of cargo.Their arrival follows Peel Ports announcing a record-breaking month for its container operations at the Port of Liverpool. Quayside and landside throughput in October at exceeded all previous figures on record with year on year growth of 12%.Mark Whitworth, Chief Executive Officer of Peel Ports, said: “An increasing number of businesses are understanding that it makes more sense to ship products closer to their end destinations.

20 Apr 2017

Weak Gasoline Prices Prompts US-bound Tanker to Alter Course

A tanker of gasoline en route to New York Harbor from Europe has been diverted to a Caribbean storage hub because a narrow window of opportunity for shipping profitably to the U.S. East Coast appears to have shut, traders said. At least 16 tankers carrying some 600,000 tonnes of gasoline blending components were booked early in April to send fuel from Europe to the East Coast. Since, a Long-Range 2 (LR2) vessel AMOREA, floating offshore carrying summer-grade RBOB gasoline, known as F2-grade, set sail to New York. An LR2 going to New York was uncommon to begin with, but the recent closing of the arb, or the window, caused the vessel to be diverted to the BORCO storage hub in the Caribbean, according to Reuters vessel tracking data and three sources with knowledge of the matter.

29 Feb 2016

CMA CGM Benjamin Franklin Calls Seattle

CMA CGM Benjamin Franklin (Photo: Northwest Seaport Alliance)

Largest cargo vessel to visit U.S. The largest cargo ship to visit the United States, the CMA CMG Benjamin Franklin, arrived Monday at The Northwest Seaport Alliance’s Terminal 18 in Seattle. The Benjamin Franklin has capacity for 18,000 20-foot equivalent container units (TEUs), more than double the cargo of most container ships calling at Northwest Seaport Alliance terminals. If laid end-to-end, the 18,000 TEUs would stretch from Tacoma to Everett, a distance of about 68 miles.

07 Mar 2014

Antoniazzi Named Sales Director, MAN Diesel & Turbo

David Antoniazzi (Photo: MAN Diesel & Turbo)

MAN Diesel & Turbo North America President, Robert Burger has appointed David Antoniazzi as Director Sales – Cruise, Ferry and Merchant. In his new capacity, he is responsible for promoting and selling MAN Medium Speed Engines and aft ship products in North America. In the Cruise, Ferry and Merchant market he will lead the promotional sales of MAN medium speed marine diesel engines and related ship propulsion and auxiliary machinery components including reduction gears, propellers…

30 Apr 2012

Improved Information Flow for Shipping Clients by Data2Logistics

Global freight bill processor, auditor and advisor Data2Logistics announce the launch of their Claims & Audit Review System (CARS), improving information flow for shipping clients. The system invigorates the company’s money-saving freight bill auditing ability with enhanced speed, resulting in faster audit cycles. CARS’ functionality optimizes the presentation and navigation of shipment data requiring auditor review, caches client freight bill data and distributes the information contiguously to Data2Logistics auditors. The result streamlines a potentially time-intensive portion of Data2Logistics’ audit services. The ability comes amid Data2Logistics’ further expansion of the company’s transportation cost-savings portfolio of freight bill auditing…

20 Dec 1999

Clean Tankers Headed Both Ways Across Atlantic

Oil products tankers have reportedly been getting business in recent days transporting oil products from Europe to America and the reverse direction. Usually the arbitrage works only one way, not both. Shippers say the UK/continent market has been busy with charterers moving oil products across the North Sea and also across the Atlantic. The Mediterranean has also experienced an upswing in chartering, although rates have responded more sluggishly than in the North Sea. The Caribbean up U.S. coast market has been slower of late, although interest to ship products from the U.S. to Europe has kept rates steady against a week ago.