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Friday, April 19, 2024
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Supply Chains News

19 Apr 2024

Shipping Industry Urges UN to Protect Vessels After Iran Seizure

© donvictori0 / Adobe Stock

Merchant ships and seafarers are increasingly in peril at sea as attacks escalate in the Middle East and the United Nations must do more to protect supply chains, the industry said in a letter released on Friday.Tensions have soared across the Middle East since the start of Israel's campaign in Gaza in October, with Israel or its ally the United States clashing repeatedly with Iranian-aligned groups in Lebanon, Syria, Iraq and Yemen.In a letter sent on Thursday to U.N. Secretary-General Antonio Guterres…

18 Apr 2024

US Riles China with Shipbuilding Probe

© Igor Groshev / Adobe Stock

The United States has launched an investigation into alleged unfair practices within China's shipbuilding and maritime industries, drawing ire from Chinese officials.The probe was launched Wednesday by U.S. Trade Representative Katherine Tai in response to a petition filed by five national labor unions accusing China of using "non-market policies that are far more aggressive and interventionist than any other country" to obtain dominance over the global shipbuilding, maritime and logistics sector."The American commercial shipbuilding industry is a shell of its former self. . .

17 Apr 2024

Mounting Tensions Could Spark EU-China Trade War, European Chamber President Warns

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China and Europe face a "slow motion train accident" as a rising tide of protectionism threatens to become a full trade war, the head of a European business lobby group warned on Wednesday, a day after Germany's chancellor conveyed European concerns to Beijing.Jens Eskelund, president of the European Chamber in China, said that while some worries about trade in both countries were legitimate, there was a risk of unproductive decoupling if European and Chinese leaders did not increase…

15 Apr 2024

IMO's Facilitation Committee Revised MASS Roadmap

Source: IMO

The IMO's Facilitation Committee held its 48th session (FAL 48) from April 8 to 12, in person at IMO Headquarters in London.The Facilitation Committee (FAL) meets annually to deal with matters related to the facilitation of international maritime traffic, including the arrival, stay and departure of ships, persons and cargo from ports. The Committee also addresses electronic business and aims to ensure that the right balance is struck between regulation and the facilitation of international maritime trade.

11 Apr 2024

Insights: Jennifer Carpenter, President & CEO, American Waterways Operators

Jennifer Carpenter, President & CEO, American Waterways Operators (Photo: AWO)

Jennifer Carpenter joined The American Waterways Operators (AWO), the national trade association representing the inland and coastal tugboat, towboat and barge industry, in August 1990 and became its president and CEO in January 2020. She highlights some of the greatest focus areas for the 80-year-old trade group—simultaneously looking at both the present day and the road ahead.The towboat, tug and barge industry is in a period of rapid evolution. How is AWO—now in its 80th year…

09 Apr 2024

DFDS to Buy International Network from Ekol

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Danish shipping and logistics firm DFDS said on Tuesday it has agreed to buy the international transport network of Turkey's Ekol Logistics for 1.9 billion crowns ($277 million) and lifted its sales growth forecast for the year.The network connects Turkey and Europe and the acquisition will add road transport to its Mediterranean ferry network, DFDS said in a statement, adding that it was in line with its strategy to move goods in trailers by ferry, road and rail."Turkey's role…

09 Apr 2024

Wallenius Wilhelmsen Scoops New Contract Valued Over $1B

(Credit: Wallenius Wilhelmsen)

Wallenius Wilhelmsen, the world’s largest RoRo vessel operator, has signed a multi-year contract with a leading global player in the premium car segment, valued at more than $1 billion.Spanning three years, the contract covers both shipping and logistics services, as well as the use of biofuel.The contract started between January and April 2024 with rates in line with current market levels, and also entails a mutual two-year extension option. “We see manufacturers shifting priorities and increasingly looking for solutions which provide predictability in their supply chains.

08 Apr 2024

Xeneta: Baltimore Bridge Collapse has not Triggered Increase in Shipping Rates

Source: Xeneta

The collapse of the Francis Scott Key Bridge in Baltimore has caused supply chain disruption on the US East Coast but, so far, it has not seen an increase in ocean freight container shipping rates.Data released Monday by Xeneta reveals average spot rates from the Far East into the US North East Coast (including Baltimore) have fallen slightly (-1%) since the bridge collapse on March 26 to stand at USD 5,421 per FEU (40ft shipping container).When including other US East Coast ports such as New York / New Jersey…

08 Apr 2024

Maersk Names Second Large Methanol-fueled Containership

(Photo: A.P. Moller - Maersk)

Danish shipping giant A.P. Moller - Maersk recently named the world's second large methanol-enabled container vessel, Astrid Mærsk, during a ceremony in Yokohama, Japan.The ship is the second of Maersk’s 18 large methanol-enabled vessels, scheduled for delivery between 2024 and 2025, as the company works toward its net-zero targets and supports customers in achieving their decarbonization goals.Vincent Clerc, CEO of A.P. Moller - Maersk, said, "We are truly excited to welcome Astrid Mærsk to our new fleet capable of sailing on green methanol.

07 Apr 2024

X-Press Feeders Signs Green Corridor MoU with Six European Ports

Source: X-Press Feeders

X-Press Feeders has signed of a memorandum of understanding (MOU) with six European ports: Port of Antwerp Bruges (Belgium), Port of Tallinn (Estonia), Port of Helsinki (Finland), Port of HaminaKotka (Finland), Freeport of Riga (Latvia) and Klaipeda Port (Lithuania).The agreement signifies a joint commitment to accelerate the establishment of green shipping corridors and the broader decarbonization of the marine sector in Scandinavia and the Baltic Sea.X-Press Feeders and the…

07 Apr 2024

IMO Facilitation Committee to Discuss Autonomous Shipping

Source: IMO

The IMO Facilitation Committee will meet in person at IMO Headquarters in London for its 48th session (FAL 48) from April 8 to 12 to discuss issues related to autonomous shipping; prevention of illegal wildlife trafficking on ships; digitalization initiatives and the implementation of the Maritime Single Window and Port Community Systems.The Facilitation Committee (FAL) will continue discussions around regulating commercial vessels that can operate independent of human interaction - Maritime Autonomous Surface Ships (MASS).

01 Apr 2024

Caterpillar to Power NOMARS Uncrewed Vessel

(Image: Defense Advanced Research Projects Agency)

Caterpillar Marine announced it is working with Serco Inc., a provider of professional, technology, engineering and management services, to advance the use of autonomous vessels for naval applications. The initiative supports the Defense Advanced Research Projects Agency’s No Manning Required Ship (NOMARS) project.Autonomous unmanned vessels represent an opportunity to protect crews from the inhospitable, dangerous environment encountered at sea. This technological advancement not only promotes safety but also cost savings…

27 Mar 2024

Baltimore Rescuers Lose Hope for More Survivors from Bridge Collapse

Satellite image ©2024 Maxar Technologies

Rescuers have lost hope of finding more survivors of the Baltimore bridge collapse, the coast guard said, as efforts switched on Wednesday to looking for bodies of the missing and more answers to why a container ship smashed into the span.Search divers were expected to return near dawn to the waters surrounding the twisted ruins of the bridge in Baltimore Harbor to search for six workers missing and now presumed dead.The disaster has forced the indefinite closure of the Port of Baltimore, one of the busiest on the U.S.

27 Mar 2024

Divers to Search Baltimore Harbor

Search divers were expected to return near dawn on Wednesday to the waters surrounding the twisted ruins of a bridge knocked down in Baltimore Harbor by a faltering cargo ship, leaving six workers missing and presumed dead.The disaster also forced the indefinite closure of the Port of Baltimore, one of the busiest on the U.S. Eastern Seaboard, and created a traffic quagmire for Baltimore and the surrounding region.As the odds of their survival vanished, the search for the six workers was suspended on Tuesday evening…

26 Mar 2024

Bridge Collapse Freezes Ship Traffic in Port of Baltimore

(Photo: David Adams / U.S. Army Corps of Engineers)

Ships sailing to the U.S. port of Baltimore dropped anchor in waters nearby while vessels were stranded inside the port after traffic was halted following a bridge collapse, shipping data showed on Tuesday.A 948-foot container ship smashed into a four-lane bridge in the port in darkness early on Tuesday, causing it to collapse and sending cars and people plunging into the river below.Port traffic was suspended until further notice, Maryland transportation authorities said.At least 13 vessels that were expected to load coal were anchored near to Baltimore port…

26 Mar 2024

Six Presumed Dead After Baltimore Bridge Collapse

Satellite image ©2024 Maxar Technologies.

Six workers were missing and presumed dead from a bridge that collapsed in Baltimore Harbor early on Tuesday after a massive cargo ship crippled by a power loss rammed into the structure, forcing the closure of one of the busiest ports on the U.S. Eastern Seaboard.With dive teams facing increasingly treacherous conditions in the darkened, wreckage-strewn waters, active search-and-rescue operations were suspended about 18 hours after the accident, U.S. Coast Guard and Maryland…

26 Mar 2024

Automakers Reroute Shipments After Baltimore Bridge Collapse

© aerial-drone / Adobe Stock

U.S. automakers General Motors and Ford will reroute affected shipments after a bridge collapse in the U.S. shuttered the Port of Baltimore, but the companies said on Tuesday the impact will be minimal."We expect the situation to have minimal impact to our operations. We are working to re-route any vehicle shipments to other ports," GM said in a statement.The Port of Baltimore is the busiest U.S. port for car shipments, handling at least 750,000 vehicles in 2023, according to data from the Maryland Port Administration.

26 Mar 2024

Ships Bound for Baltimore Drop Anchor After Traffic Stopped

Collapsed Key Bridge in Baltimore (Credit: Screenshot/StreamTime Live)

At least 10 commercial ships that were sailing to the U.S. port of Baltimore have dropped anchor in waters nearby, data from ship tracking and maritime analytics provider MarineTraffic showed on Tuesday.A container ship smashed into a four-lane bridge in the port on Tuesday, causing it to collapse and sending cars and people plunging into the river below.Port traffic was suspended until further notice, Maryland transportation authorities said.The vessels that anchored included container and bulk carrier ships that were signaling their destination as Baltimore…

26 Mar 2024

Baltimore Bridge Collapse Could Disrupt Supply Chain -Xeneta

Collapsed Key Bridge in Baltimore (Credit: Screeshot/StreamTime Live)

The containership allision that caused the collapse of the Francis Scott Key Bridge in Baltimore could cause "significant disruption" to shipping supply chains, according to industry analyst Xeneta.The 10,000 TEU Singapore-flagged Dali was operating on a 2M alliance service between Baltimore and the Far East when it struck the bridge around 1:35 a.m. on Tuesday, sending cars and people plunging into the river below."The immediate focus is the rescue operation, but there will clearly…

22 Mar 2024

St. Lawrence Seaway Opens Navigation Season

© Ravi / Adobe Stock

The St. Lawrence Seaway opened its 66th season of operation today with an official ceremony in Niagara Region.Terence Bowles, President and CEO of the St. Lawrence Seaway Management Corporation (SLSMC) was joined by U.S. Great Lakes St. Lawrence Development Corporation Administrator Adam Tindall-Schlicht in welcoming the many who came out for the event, including M.P. Vance Badawey, Parliamentary Secretary to the Canadian Minister of Transport.“We are thrilled to have a renewed Management Operations and Maintenance Agreement with the Government of Canada.

20 Mar 2024

Ten Organizations Team Up on Guidelines for Combating Illegal Wildlife Trafficking

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Ten organizations have joined forces to combat illegal wildlife trafficking through increasing awareness and vigilance across global supply chains.Together, they have produced practical guidelines for all supply chain participants, with advice on measures to take, questions to ask to help identify criminal wildlife trade, and guidance on reporting suspicious activities. An accompanying "Red Flags" document serves as a daily reference for all individuals involved in the supply chain.

17 Mar 2024

Mexico Could be Back Door for Chinese Imports into US

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Growth in demand for container shipping imports from China into Mexico in January 2024 increased by 60% compared to 12 months ago, further fuelling suspicions it has become a back door into the US.According to analysts at Xeneta, 117,000 TEU was shipped in January of this year compared to 73,000 TEU in January 2023 (source: Container Trades Statistics).Annual growth in container shipping between China and Mexico had already increased by 34.8% in 2023 compared to just 3.5% in 2022.Peter Sand…

12 Mar 2024

US Unions ask Biden Administration to Probe Chinese Shipbuilding

© Photocreo Bednarek / Adobe Stock

Five U.S. labor unions on Tuesday filed a petition with the office of U.S. Trade Representative Katherine Tai requesting a probe into China's alleged unfair policies and practices in the maritime logistics and shipbuilding sectors, the USTR office said.The petition was filed under Section 301 of the Trade Act of 1974, a statute aimed at combating trade partners' unfair practices.Trade practices are only one component of strains in U.S.-China relations in recent years. Other contentious issues include Taiwan…