The twin ports of Los Angeles and Long Beach became the most essential gateways for the American economy over the past century as the country expanded its economic reach beyond Continue Reading
Asia is stocking up on LNG inventory to avoid a repeat of last winter’s supply shortage. Surging demand for LNG and increased shipments of U.S. gas to Asia are sending Continue Reading
Global talks on how to clean up shipping are set to begin Monday as momentum builds to cut pollution from the sector. The International Maritime Organization “is under pressure to Continue Reading
Mobile carbon capture in shipping is technically feasible. Mobile carbon capture in shipping is technically feasible and has a long term role to play in meeting the industry’s decarbonization targets. Continue Reading
Maersk CEO Sees Tight Global Shipping Markets Into 2022 Supply Lines is a daily newsletter that tracks trade and supply chains disrupted by the pandemic. Sign up here . The Continue Reading
The global shipping industry produces between two and three percent of the world’s carbon emissions, and the push to decarbonize the industry is now well and truly underway The solutions Continue Reading
President Joe Biden’s point-person for clearing the supply-chain bottleneck in southern California hailed a new agreement that will fast-track multiple logistics projects in the Golden State. The Emerging Projects Agreement Continue Reading
Shipping companies face a 2050 deadline set by the International Maritime Organization that seeks sharp cuts in vessels’ carbon-dioxide emissions. Photo: adrian dennis/Agence France-Presse/Getty Images Shipping operators are under pressure Continue Reading
A deepening freight logjam is defying President Biden’s hopes of restoring normal cargo movements, hampering the economic recovery and threatening consumers’ holiday shopping plans. Two weeks after Biden administration officials announced steps Continue Reading
Computer chips. Exercise equipment. Breakfast cereal. By now, you’ve probably heard: The world has run short of a great many products. In an era in which we’ve become accustomed to clicking Continue Reading
Soaring prices and demand for liquefied natural gas (LNG) in Asia have pushed spot LNG freight rates to over $200,000 per day as traders scramble to book vessels to ship Continue Reading
Since the pandemic started to wane, Americans have been on an extraordinary buying spree. One measure of this is the daily tally of container ships idling outside the congested ports Continue Reading
Like toy blocks hurled from the heavens, nearly 80,000 shipping containers are stacked in various configurations at the Port of Savannah — 50 percent more than usual. The steel boxes Continue Reading
An engineer stuck on a cargo ship abandoned in a Black Sea port has waited four years to get paid and go home. Off the coast of Somalia, a crew Continue Reading
Wärtsilä and the Korean shipbuilding company Samsung Heavy Industries (SHI) have signed a joint development program (JDP) agreement aimed at developing ammonia-fueled vessels with 4-stroke auxiliary engines available for future Continue Reading
Los Angeles/Long Beach beats Hong Kong to 9th busiest port in H1 2021 Top 20 ports see 13% volume growth, but freight rates surge by 346% Port congestion keeps ships Continue Reading
The queue of container ships waiting to berth at the Los Angeles/Long Beach port complex grew to a record 60 vessels as the ports remain inundated with import volumes during Continue Reading
One of the world’s biggest shipping lines has decided to stop increasing spot freight rates on routes out of Asia to Europe and the U.S. as it sees an end Continue Reading
Supply Lines is a daily newsletter that tracks trade and supply chains disrupted by the pandemic. Sign up here . The global shipping industry is getting its biggest payday since Continue Reading
Supply Lines is a daily newsletter that tracks trade and supply chains disrupted by the pandemic. Sign up here . The number of container ships waiting to enter the largest Continue Reading
The world’s third-largest container carrier said it’s capping spot rates for ocean freight for the next five months, yielding to pressure from some customers and regulators concerned that global trade Continue Reading
Leaders of some of the busiest U.S. ports expect congestion snarling maritime gateways to continue deep into next year, as the crush of goods from manufacturers and retailers looking to Continue Reading
Highlights Naphtha, grains, LNG shipments delayed Jet fuel trade flows may increase Clean tanker freight supported Global shipping markets have been roiled by major disruptions after Hurricane Ida made landfall Continue Reading
The world’s fleet of giant supertankers is the oldest it has been since 2002, the latest sign of an illicit trade that owners say is damaging business. Publicly traded shipowners Continue Reading
The ports of Los Angeles and Long Beach in California reported lengthier lists of ships anchoring offshore, with the number of ships idle within sight of the port standing at Continue Reading
The world’s largest container-shipping line is making a $1.4 billion investment in a greener fleet. A.P. Moller – Maersk A/S has ordered eight new vessels, each costing $175 million, that Continue Reading
The world’s largest shipping company, A.P. Moller Maersk A/S, aims to have net-zero carbon dioxide emissions from its own ocean operations by 2050 as the industry responsible for around 3 Continue Reading
A.P. Moller-Maersk said on Wednesday it had signed a contract securing green methanol as the world’s largest shipping firm gears up to operate its first carbon-neutral ship in 2023. With Continue Reading
Top oil shipping companies say they have tightened operational guidelines and deployed technology to prevent accidental breaches of sanctions, as the countries hit by ever tougher restrictions fight back with Continue Reading
A.P. Moller-Maersk — the largest shipping company in the world — has signed an agreement with South Korea’s Hyundai Mipo Dockyards to a build a feeder vessel capable of sailing Continue Reading
Nuclear propulsion for cargo vessels spurred by carbon regulation Samsung sees nuclear power as potential eco-friendly shipping option Reactor design could also be used in floating power plants South Korea’s Continue Reading
WATCH: The shutdown of one of China’s busiest ports drags on. James Mayger reports. Supply Lines is a daily newsletter that tracks trade and supply chains disrupted by the pandemic. Continue Reading
China is reshaping global shipping fuel markets by taking advantage of its booming maritime trade and massive refining capacity to undercut rivals from Singapore to South Korea and become the Continue Reading
High-sulfur fuel oil markets are getting a boost as Chinese private refiners hunt for more straight-run fuel oil to use as a feedstock, and a sweltering summer in the Middle Continue Reading
Highlights Maersk calls for a $450 per ton fuel carbon tax on fossil fuel-based fuels Plans to power carbon-neutral methanol vessel by 2023 Cost, supply concerns remain key for methanol Continue Reading
Imagine going to a car dealership for a new vehicle that’s climate-friendly and being told that it isn’t clear what clean fuels will be available to fill it up, or Continue Reading
Cargo ships have been delivering their loads later than ever this year, adding to the supply-chain woes that are undercutting efforts by retailers and manufacturers to capitalize on resurgent economic Continue Reading
Norsepower Oy Ltd., the leading global provider of auxiliary wind propulsion systems, announced the installation of five tilting Rotor Sails ( earlier post ) on board a new-build Very Large Continue Reading
The ongoing second wave of the deadly coronavirus pandemic in India is expected to snowball into a major disruptor for the shipping and logistics industry as several ports globally are Continue Reading
A new U.S. push to cut ship emissions will kick into high gear a multibillion-dollar quest for nonfossil fuels to power oceangoing vessels, but likely will face a backlash from Continue Reading
Global supply chains will remain unreliable and container shipping prices and profits high for the rest of the year, according to the chief executive of AP Moller-Maersk. This is because of Continue Reading
French container shipping firm CMA CGM said on April 30 it has ordered 22 new ships to be built, including 12 that will be power by LNG. CMA CGM signed Continue Reading
“This is the fourth energy revolution in shipping — from rowing our boats to sails to the steam engine to diesel engine and we have to change it once more,” Continue Reading
The maritime industry, under growing pressure to reduce shipping’s carbon emissions, is coming to a growing consensus that liquefied natural gas will provide an intermediate solution toward finding cleaner fuel Continue Reading
Denmark-based Everfuel A/S has signed a Memorandum of Understanding (MOU) with an undisclosed German-Norwegian shipping company for collaboration on hydrogen supply to a new zero-emission shipping solution. The two parties Continue Reading
The European innovation project Flagships will deploy the world’s first commercial cargo transport vessel operating on hydrogen, plying the river Seine in Paris. Commercial operations are set to commence in Continue Reading
Shipping companies ordered a record volume of container ships last month in a sign of the industry’s confidence in booming global trade following the pandemic. The bumper month smashed the previous Continue Reading
The Ever Given drama in the Suez Canal momentarily turned the world’s attention to container shipping. It will require a more sustained focus to address the dangers these crucial ships Continue Reading
Ship congestion outside the biggest U.S. gateway for Asian imports worsened from a week ago, highlighting a headwind facing American companies just as a pileup around the Suez Canal threatens Continue Reading
t’s taken a maritime crisis to offer hard-hit oil tanker owners an unexpected reprieve, although the relief is expected to be short-lived. Shippers have been making losses on the delivery of cargoes since the Continue Reading
