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Wallenius Wilhelmsen Lands $580M Multi-Year Shipping Contract
Wallenius Wilhelmsen has signed a multi-year shipping contract with an undisclosed automotive manufacturer worth $580 million.The new contract has a duration of three years and three months with commencement on January 1, 2025.The contract has an estimated value of $580 million in total over the contract period, with rates in line with current market levels.“This demonstrates their commitment to securing…
Seatrium Adds Heavy Lift Vessel to Project Schedule
Seatrium has signed a Letter of Intent (LOI) with Japan-based Penta-Ocean Construction (POC) to carry out early engineering work for a 5,000t fully-revolving heavy lift vessel project for the Japan wind market.Subject to the final investment decision by POC, the full EPC contract award is expected in 1Q 2025.POC owns a range of self-propelling trailing suction hopper and cutter suction dredgers for…
NZ Prime Minister Accused of Being Cryptic on Live Export Restart
New Zealand animal welfare group SPCA is critical of New Zealand Prime Minister Christopher Luxon, saying he has refused to provide answers about his plans to restart the export of live animals by sea.A ban was implemented by the previous government after the Gulf Livestock 1 capsized in 2020 leaving 41 crew and 6,000 cattle missing.Luxon has reportedly declined to say if the public will be consulted on the policy and process…
Stena Launches Meatball Revolution
By replacing half of the meat in their meatballs with yellow pea mince, Stena Line aims to reduce meat consumption by 35 tons next year.The company hopes the change will go unnoticed. The 50/50 meatballs will have half of the meat from their meatballs and mashed potato dish replaced with a plant-based mince made from yellow peas.This means that the 2.5 million meatballs served on board each year will contain 35 tons less animal protein.
Baker Marine Solutions Unveils Inland Towboat Design
Baker Marine Solutions is unveiling its newest towing vessel design and the International WorkBoat Show.The BMS 1882 - A 6000 HP Inland Towboat is designed for the inland waterway and transportation market.At a length of 170ft, the design boasts accommodation for a 10-person crew while providing ample living, recreation and leisure spaces to ensure crew comfort and habitability.Powering this 6000HP…
China, Indonesia ink Multiple Pacts on Maritime, Mining
Chinese President Xi Jinping signed multiple cooperation deals with his Indonesian counterpart Prabowo Subianto on Saturday, Chinese state TV CCTV reported, as the two countries seek increased partnerships in key areas.The deals covered issues including water conservation, maritime resources and mining, the report said, and come ahead of a meeting Prabowo is scheduled to attend on Sunday between Indonesian officials and a number of top Chinese companies…
Panama Canal Eyes Doubling Container Transits
The Panama Canal Authority could double in coming years the number of containers that move through the commercial waterway that links the Pacific and the Atlantic oceans, the canal's chief told a maritime conference.The authority, which has an $8 billion investment plan, is putting in place a water conservation strategy following a severe drought that forced ships between late 2023 and early 2024 to take alternative routes between the United States and Asia.As part of that…
Remote Inspection: DLS Sends in the Drones
[ to deep, dark & confined spaces ]DLS Marine received approval from ABS for remote inspection, and it is leveraging advanced drone + software tech to make the process of tank inspection more efficient and less dangerous.DLS Marine is a long-tenured name in the U.S. maritime survey market, founded by Bob Stickney as Stickney Marine Surveying in New Orleans in 1968, with a pivotal moment coming in 1977 when Stickney hired Norman Dufour, future DLS Marine Partner, as an apprentice marine surveyor.
ACP: Panama Canal Could Double Box Transits
The Panama Canal Authority could double in coming years the number of containers that move through the key East-West commercial waterway, the canal's chief told…
CMA CGM's Profit Jumps on Buoyant Demand
Strong global demand pushed up CMA CGM's third-quarter profit while the current quarter was seeing a rush to ship goods from China, the shipping group said on Friday…
Did You Know? Six Steps Cyber Attackers Take to Steal Maritime Data
Infostealers, a type of malware designed to steal sensitive information from an infected system, has marked significant rise in the first half of 2024 in the maritime domain, Marlink’s Security Operations Center (SOC) has reported.The whole process involves six steps – starting from initial infection to the exploitation of acquired data, which can have serious consequences for the maritime industry…
Keel Laying for Vessel Pair at Vietnam's Piriou Shipyard
A ceremony attended by dignitaries has marked the official ‘birth date’ for the two new ships which will serve the Penzance to Isles of Scilly route for the Isles of Scilly Steamship Group (ISSG).The keel laying is a milestone in the build process, recognized for centuries as the ‘birth’ of a new ship and an important point for the Scillonian IV passenger ferry and the cargo vessel, Menawethan.Guests attended Piriou’s shipyard in Vietnam on November 6.…
US LNG Firms Expect Expansion Regulations to Ease Under New Administration
U.S. liquefied natural gas developers awaiting permits for new export projects this week expressed confidence President-elect Donald Trump will ease the way for their multi-billion-dollar expansion plans.Their confidence is buoyed by Trump's promise to end an expanded Department of Energy review that has slowed new export permits. President Joe Biden had paused new non-FTA export permits and asked…
China Objects to New Philippine Maritime Laws Covering South China Sea Areas
China summoned the Philippines' ambassador on Friday to express its objection to two new laws in the Southeast Asian nation asserting maritime rights and sovereignty over disputed areas of the South China Sea, its foreign ministry said.China made "solemn representations" to the ambassador shortly after Philippine President Ferdinand Marcos Jr signed the Maritime Zones Act and the Archipelagic Sea Lanes…
Crystal Orders Another Cruise Ship from Fincantieri
Italian shipbuilder Fincantieri has received an order for a new cruise ship from U.S.-based cruise operator Crystal, following the exercise of the option granted under the two-unit agreement from June 2024.The value of the agreement, subject to financing and other terms and conditions, is considered as large, which for Fincantieri means it represents a value between $590 million to $1.07 billion.Crystal MoA for 2+1 Cruise Ship OrderThe new unit…
Container Vessel Orders Mark Over 50% Rise in 2024
Orders of new container vessels are up by approximately 52% year-on-year with 254 new contracts placed in 2024, compared to 167 in the corresponding period of 2023, according to a new report by Veson Nautical's data intelligence arm VesselsValue.The report, titled ‘Golden Age: Container shipping’s post-covid boom continues’, states that in addition to the huge uptick in orders, 2024 has seen 362 new…
IMO Secretary-General Heads to COP29
Secretary-General Arsenio Dominguez will lead IMO’s delegation to the annual UN Climate Change Conference (COP 29) to be held in Baku, Azerbaijan, from November 11 to 22, 2024.The 29th Conference of the Parties to the UN Framework Convention on Climate Change (UNFCCC) will bring together world leaders along with an estimated 40,000 delegates representing governments, civil society and the private sector…
Scientists Turn Leaves into Oil Factories for Biofuel Production
An Australian-led scientific breakthrough to increase oil yield from plants is expected to advance the production and use of biofuels globally. Oils from plants are typically produced in seeds and fruits, but scientists from Australia’s research agency CSIRO studied how to extend that to the biomass of the plant, including the leaves and stem. CSIRO’s Dr Thomas Vanhercke, who has been working on the project for more than a decade…
Silverback Wins DoD Tug Contract
Silverback Marine has been awarded a multimillion-dollar DoD contract for its new OX series truckable tractor tug.Designed in collaboration with Elliot Bay Design Group of Seattle, Silverback Marine partnered with Darley Defense to secure the contract. Thespecific department of the DoD will remain anonymous until the first vessel is delivered, scheduled for late 2025.For illustrative purposes, Silverback Marine received permission from industry friends including Tradewinds Towing…
Yet Another Port Everglades Cruise Passenger Record
Port Everglades bested its own cruise passenger record with a preliminary count of 4,010,919 guests embarking and disembarking during Fiscal Year 2024, which ended September 30, 2024.
Video: CMA CGM's New 20,600 TEU Containership
Baltic Workboats Delivers New Launch for the Laurentian Pilotage Authority
Cyber Security to the Fore as New Coast Guard Rules Loom
SAFE Boats Debuts 41-ft. Offshore Interceptor in New Orleans
MJP Debuts New WaterJet
Brunswick Introduces New RHIB
IMO 2020: New Rules Demand New Solutions
Sterling PBES Launches a New Maritime Cartridge Battery Solution
LR - Fit for 55: Managing compliance and optimising operations
New BAE Jacksonville Shiplift is on Track to Start Ops in ’25
