Greek boxship owner Euroseas has sold the 2001-built post-panamax for $14.2m. The Nasdaq-listed firm said the 5,610 teu vessel should deliver in January next year. Akinada Bridge has been in drydock since October 2022 after coming off a $20,000 per day charter with Israeli carrier ZIM. After the...
https://splash247.com/euroseas-offloads-vintage-post-panamax-boxship-for-14-2m/
Japanese liner operator Ocean Network Express (ONE) is buying controlling stakes in three US West Coast container terminals from its parent companies. The world’s seventh largest carrier will own 51% of TraPac, a container terminal operator and stevedoring company owned and established by Mitsui...
https://splash247.com/one-taking-over-three-us-west-coast-terminals/
Latsis company Latsco Shipping has made a move into the container shipping sector with a pair of Japanese-built 2,000 teu vessels. The Paris Kassidokostas-Latsis led diversified owner, traditionally linked to tankers and liquefied petroleum gas carriers, recently took delivery of the 2022-built and...
https://splash247.com/latsco-shipping-expands-into-containerships-with-two-japanese-newbuilds/
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Shipping is never dull, and the moment you feel it might be is probably the time to seek a different career. Being in this industry gives those curious enough an advanced view from the bridge of geopolitical and economic forces shaping the world. Unquestionably the biggest news story of the year –...
https://splash247.com/2022-the-year-shipping-made-do-without-china/
A final report into the loss of containers from a ship off Sydney in 2020 has noted the importance of vessel fixtures being regularly maintained to ensure they are secure and stable. Container ship was making its way down the east coast of Australia on May 24 2020 when, in adverse weather, it...
https://splash247.com/corroded-lashings-to-blame-for-2020-apl-box-spill-off-sydney/
The US Federal Maritime Commission is asking the top 20 shipping lines calling the United States to provide information on how they are complying with the new prohibitions on retaliation established by the country’s Ocean Shipping Reform Act of 2022 (OSRA). Added protections against retaliation...
https://splash247.com/us-fmc-probing-shipping-lines-anti-retaliation-compliance/
A.P. Moller – Maersk has signed a green methanol letter of intent with Houston-based SunGas Renewables, Inc., which provides technology and equipment systems for large-scale production of renewable fuels. This is Maersk’s ninth such partnership to drive the acceleration of global production...
https://splash247.com/maersk-taps-houston-firm-for-green-methanol-supplies/
The Singapore-based shipping consortium, Ocean Network Express (ONE), has announced an improved connection between India and the United Arab Emirates.
A new weekly India Gulf Service (IGS) has been developed to provide a quicker and more stable connection to its customers and to cover the rising trade demand between the two countries which has been boosted by the Comprehensive Economic Partnership Agreement (CEPA) since May 2022.
The ports served include Jebel Ali, Mundra, Hazira, and Nhava...
https://www.themaritimestandard.com/one-introduces-enhanced-india-uae-connection/
The Saudi Ports Authority (Mawani) has announced the inclusion of King Abdulaziz Port in Dammam in the recently launched Shaheen Express shipping service operated by container carrier Maersk between the Arabian Gulf and the Indian Subcontinent.
The latest initiative is set to enhance the Gulf Cost port’s connectivity, linking King Abdulaziz Port to major regional hubs such as Jebel Ali, Mundra and Pipavav aboard the containership Big Dog, which has a carrying capacity of 1,740 TEU.
The year...
https://www.themaritimestandard.com/new-service-to-further-improve-liner-connectivity-at-dammam/