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All Eyes on China as Trump Retakes the White House
Donald Trumpās victory in the US Presidential Election is has importers on edge, fearing another spike in ocean container shipping freight rates premised on President Trump's vow on blanket tariffs of up to 20% on all imports into the US and additional tariffs of 60% to 100% on goods from China.Data from Xeneta shows the last time that President Trump ramped up tariffs on Chinese imports during the trade war in 2018, ocean container shipping freight rates spiked more than 70%.
The Top 5 Cyber Activities Targeting Maritime Industry
In the first half of 2024, the Threat Intelligence team within Marlinkās Security Operations Centre has observed several activities carried out by malicious actors targeting the maritime industry.These activities include phishing, where malicious actors sending fraudulent e-mails or messages try to trick individuals into revealing sensitive information like passwords or financial details.Phishing attackā¦
Almacam Helps Cut Shipyard Waste, by Design
Almacam is a leader in nesting-CAM software for shipyards. Philippe Rouzeau, Manager of the Shipyard Team, Almacam, explains how it solutions can help shipyards shave production costs and increase efficiency.Almacam is a 45-year-old, employee-owned company created by researchers that were mono-focused on developing nesting algorithms in a laboratory of Grenoble University, France, aiming to bring this nesting algorithm tech to the industry.According to Rouzeauā¦
Palfinger to Supply Safety Equipment for Canadian Coast Guard's New MPVs
Palfinger Marine, an Austrian manufacturer of hydraulic lifting, loading, and handling systems for marine applications, been selected to supply its Polar Class lifeboats and davits package for the first fleet of ships in the Canadian Coast Guardās Multi-Purpose Vessel (MPV) renewal program.The contract covers the delivery of equipment for the first six of up to 16 vessels.The collaboration furtherā¦
ECOsubsea's Next-Gen Hull Cleaning Robot is Ready for Action
ECOsubsea launched its Ultra High Efficiency Hull Cleaning Service (UHEHCS) in Singapore, introducing its new ROV. According to the company, tests showed the ROV operates 10 times faster than conventional cleaning methods. "We cleaned a fully laden capesize vessel, with an 18-m draft, in just four hours," said ECOsubsea CEO Tor Østervold.Golden Oceanās Head of Global Operations, Tord Brath, said: "ECOsubseaās ROV demonstrated impressive speeds and enhanced safety with minimal human intervention.
Trump 2.0: What it Could Mean for Maritime, Energy and Trade
A Donald Trump presidential election victory [which as of this writing looks most likely] would have huge implications for U.S. trade policy, climate change, the war in Ukraine, electric vehicles, among other areas. While some of his proposals would require congressional approval, here is a summary of the policies he has said he would pursue in his second four-year term in office:MORE TARIFFSTrump has floated the idea of a 10% or more tariff on all goods imported into the U.S.ā¦
Greek Shipowner Acquires Alteraās Shuttle Tanker Business
Altera Infrastructure has entered into an agreement to sell all its membership interests in Altera Shuttle Tankers (AST) to Maistros Shiptrade, a company affiliated with the Angelicoussis Group.Altera Shuttle Tankers, a shuttle tanker provider, owns and operates 18 shuttle tankers in Brazil, Canada and the North Sea.The Angelicoussis Group is one of the worldās largest privately owned shipping groupsā¦
Akastor Buys Mitsuiās Stake in AKOFS Offshore
Norwegian company Akastor has signed an agreement for the transfer of all of Mitsuiās interests in AKOFS Offshore, a provider of vessel-based subsea well construction and intervention services, for $22.5 million.The agreement is entered into on an āas isā basis and includes all of Mitsuiās interests in AKOFS Offshore, which cover both equity and shareholder loans.As part of the transaction, Akastorā¦
PIL Orders Five More Dual-Fuel LNG Container Ships
Pacific International Lines (PIL) has ordered another five 9,000 TEU dual-fuel LNG container vessels.The vessels will be built by one of Chinaās leading shipbuilders, Hudong-Zhonghua Shipbuilding (Hudong-Zhonghua), with delivery expected in 2027 and 2028.Earlier this year, PIL ordered five LNG dual-fuel container vessels with 13,000 TEU capacity from Hudong-Zhonghua. Similar to the earlier orders,ā¦
WSC Welcomes Incoming EU Transport Commissioner
The designated European Commissioner for Sustainable Transport and Tourism, Apostolos Tzitzikostas, will play a pivotal role in securing supply chains and decarbonising the shipping sector, and the World Shipping Council (WSC) welcomes the opportunity to continue its dialogue with the EU Commission.The WSC says Commissioner-designate Tzitzikostasā list of priorities should include protecting maritime supply chains against illegal trafficking and geopolitical dangersā¦
Suez Canal Looks to Expand
Suez Canal Chairman Gamal El-Dein says Canal Economic Zone set for rapid expansion.Egypt's Suez Canal Economic Zone (SCEZ) has invested $3 billion on infrastructureā¦
Canada west coast ports shutdown enters second day
The British Columbia ports labor dispute continued on Tuesday, impacting exports at Canada's biggest port in Vancouver with no sign of negotiating progress.Internationalā¦
IMTRA Expands Commercial Marine Portfolio Yet Again
IMTRA has announced that it will now offer Beclawat marine windows to customers in North America.Offering a comprehensive range of windows with numerous options including direct glazed glass, lightweight aluminum framed, heavy duty steel framed, and sliding and heated capabilities, each Beclawat product is run through rigorous quality testing to ensure unmatched durability. IMTRA will provide dedicated product management to customers for a smooth process from quoting to delivery.
The (Greener) Waterfront: A Fresh Perspective
MarineNews Editor Joseph Keefe weighs in with a look at the previous five years on the waterfront. Itās not what you think.You might be aware that I stepped away for a moment in late December 2019. The five years that followed, whizzed right by ā well, all but that miserable part of being virtually locked in my house for six months during āthe Pandemic.ā Enough said. Now back in the Editorās chair here at MarineNews magazineā¦
Mega Machines: Itās [Menck] Hammer Time
Driven by a āmassive step change in offshore wind turbine technologyā premised on growth of the per unit size and output, Menck ā an Acteon brand ā last month unveiled what it touts as a āgame-changingā MHU 6000W Wind Hammer, the largest hammer in its repertoire and a continuing a legacy of innovation since 1868 from this north Germany industrial company.We recently visited with Fabian Hippe, Marine Foundations Sales Directorā¦
N-O-S Focuses on Crew Comfort with CTV Newbuild
As global offshore markets evolve to create a more sustainable future, rising up to meet these challenges is Sweden-based Northern Offshore Services. Offshore engineers wonāt be the only beneficiary ā but they might be the most important. In August, Northern Offshore Services (N-O-S) unveiled its unique I-Class Crew Transfer Vessel (CTV), powered by the first commercial application of Volvo Pentaās IPS Professional Platform.
When it Comes to Workboat Engines, the Future is Flexible
Vessel owners are making new fuel choices, but increasingly, they have options to help reduce the risk of doing so.The latest engine developments aim to make it easier for owners to avoid the chicken-and-egg fuel price and availability risks of new fuels.As Roger Holm, President of Wärtsilä Marine and Executive Vice President at Wärtsilä Corporation recently pointed out, the challenge is that owners wonāt commit to a fuel today that is expensiveā¦
Green Marine UK Scales Up Environmental Monitoring Services for Offshore Wind
Orkney-based marine services firm Green Marine UK has expanded its environmental monitoring offering for offshore wind to deliver āfull-scopeā projects following a surge in contracts with Scotland's Marine Directorate.This follows 18-months of continuous work, largely involving the collection of PAM (Passive Acoustic Monitoring) devices. Operations have lasted up to 20-days retrieving circa 40 devicesā¦
Navtor Touts "Compliance without Complexity"
The regulatory landscape is about to get a whole lot more complicated, with the advent of FuelEU Maritime from January 1, 2025. This ambitious framework, focusing on the āwell-to-wakeā GHG intensity of vessels trading within Europe, laughs in the face of traditional methods of calculating and tracking emissions, making Excel sheets strictly yesterdayās news. However, argues NAVTORās Director of Performance Jacob Clausenā¦
DFDS Debuts Ferry Service Between Italy and Egypt
DFDS launched a new direct ferry service between Damietta, Egypt and Trieste, Italy, integrating Egypt into its service network for the first time and launching the first freight ferry service between these markets in around a decade.āThe new route aligns perfectly with our commitment to organic growth and solidifies our strong presence in the Mediterranean region," said Mathieu Girardin, Head of Ferry Division, DFDS.
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 ā25
