port-and-ship
Apr 30, 2025
Port Technology International
The company witnessed their net profit surge to $4.24 billion, marking a $3.27 billion increase from the previous year.
Jeremy Nixon, CEO of ONE, said: âWe are pleased to report a profit of $4.24 billion for FY2024 â an achievement realised despite ongoing geopolitical tensions and regional economic uncertainties.
âThrough our participation in the newly established the Premier Alliance, we have further expanded our global network and enhanced our service offerings.â
Recently, ONE launched its Intra-Greece Express (IGX) service to enhance connectivity between Thessaloniki and Piraeus.
Additionally, the Port of New York and New Jersey celebrated the maiden voyage of the ONE Eagle at Port Liberty Bayonne.
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Maritime Gateway
IndiaâS Exports Reach All-Time High Of $824.9 Billion In Fy25Indiaâs exports rose 6.01% year-on-year to an all-time high of $824.9 billion in 2024-25, propelled by a 13.6% on-year rise in services exports to a record $387.5 billion, showed the Reserve Bank of Indiaâs (RBI) final services trade data released.
March alone saw services exports surge 18.6% on-year to $35.6 billion, reflecting continued global demand for Indiaâs IT, business, financial, and travel-related services. The merchandise segment also contributed to the overall rise, with non-petroleum goods exports reaching a new peak of $374.1 billion in 2024-25, up 6% from $352.9 billion a year ago.
This is the highest annual figure for Indiaâs non-petroleum merchandise shipments, offering some reassurance when traditional goods exports have been under pressure from tightening global demand and geopolitical disruptions. This sharp rise in exports, which stood at $778.1 billion in 2023-24, comes when India is actively working to expand its trade footprint via bilateral and multilateral agreements, and is positioning itself as a resilient, service-driven exports economy amid shifting global supply chains.
India is attempting to consolidate its global trade presence through ongoing free trade agreement negotiations, particularly with the European Union and the UK, and amid efforts to mitigate the impact of retaliatory tariffs introduced by the US. Experts see the performance as an indication of Indiaâs growing competitiveness in high-value services and diversified goods sectors.
While petroleum and other commodity-linked exports remained relatively subdued due to volatile global prices, the continued expansion in digitally driven services and value-added manufacturing suggests a structural shift in Indiaâs exports composition. The RBI numbers are likely to boost policymakersâ efforts to promote trade-led growth as part of Indiaâs broader 2047 development vision.
Meanwhile, Indiaâs trade surplus with the US jumped 16.6% in 2024-25, ballooning to $41.18 billion from $35.32 billion a year ago, even as US President Donald Trump prepared to hike US tariffs in protest.
According to 15 April commerce ministry data, Indian goods exports to the US rose by 11.6%, from $77.52 billion in 2023-24 to $86.51 billion in 2024-25. Imports from the US also rose, but just 7.42%, from $42.20 billion to $45.33 billion.
Globally, Indiaâs trade deficit widened sharply to $21.54 billion in March, rising from a three-year low of $14.05 billion in February. Merchandise exports for the fiscal year stood at $437.42 billion, marginally higher than the $437.07 billion recorded a year ago, while imports stood at $720.24 billion, up from $678.21 billion in 2023-24, showed the commerce ministry data. Marchâs goods exports stood at $41.97 billion and imports at $63.51 billion, compared with $36.91 billion of exports and $50.96 billion of imports in February.port-and-ship
03 May 2025
Port Technology International
Port Of Melbourne Hits 2.5M Teus Despite March DipFull imports (excluding Bass Strait) at the Port of Melbourne stood at 99,000 TEUs, down 10.5 per cent YoY, while full exports declined 6.2 per cent to 62,000 TEUs.
Empty container volumes also dropped significantly, down 12.8 per cent to 68,000 TEUs.
Bass Strait volumes softened slightly to 17,000 TEU (down 6.2 per cent), while full transshipments grew substantially, rising 58.5 per cent YoY to reach 21,000 TEUs.
READ: Port of Melbourne witnesses YoY TEU drop in February
Looking at the financial year to date (FYTD), total container trade reached 2.55 million TEUs, a 5 per cent increase or 120,500 TEUs more than the same period in FY24.
Imports and exports (excluding Bass Strait) rose 4.3 per cent and 7.8 per cent respectively, while full transshipment surged nearly 20 per cent, indicating stronger underlying trends despite the March dip.
In 2024, the port handled 3.396 million TEUs, a more than 9 per cent increase over 2023 levels and its biggest yearly container trade volume ever. The port noted that its high container commerce in 2024 was driven by a rise in import trade, notably consumer products like furniture.port-and-ship
02 May 2025
Marine Insight
Denmark Sets Aside $1 Billion To Insure Its Ships During War Or CrisisDenmark has announced a big plan to support its shipping industry in case of potential conflicts.
The government plans to set aside nearly $1 billion to insure Danish cargo ships if private insurance companies stop offering coverage during dangerous situations.
On May 1, the Danish government announced that it would activate a special public insurance agency called the War Insurance Institute.
This agency will offer insurance when regular companies back out due to war or crisis. It will have access to a 6 billion-krone loan fund to help pay for any damage claims.
The Business Minister said that rising global tensions, especially in Europe, have pushed the country to be ready for worst-case scenarios. He said that it is better to be prepared ahead of time.
Denmark is a major player in global shipping. By the end of 2023, its merchant fleet was worth over 135 billion kroner (about $20 billion).
Itâs also home to AP Moller Maersk, the worldâs second-largest container shipping company, which runs more than 700 ships and handles around 17% of global container trade.
The new insurance plan is meant to act like a safety net- a backup incase war or political chaos makes it impossible to get regular insurance. The government stated that this is not a reaction to a specific event, but a smart move to stay ready.
This plan comes at a time when cargo ships are facing more threats in places like the Red Sea and the Gulf of Aden. Insurance costs for those areas have jumped, with war risk premiums going up 10 times in some regions.
Security reports show a 43% increase in attacks or incidents involving cargo ships over the past 18 months.
The Danish government plans to bring the bill to Parliament later in 2025, and if itâs approved, the system could start in early 2026.
Other shipping nations, like Singapore and Greece, are also exploring ways to team up with the private sector to cover insurance gaps during wartime.
Reference: Bloomberg
Disclaimer : The information contained in this website is for general information purposes only. While we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.
Disclaimer : The information contained in this website is for general information purposes only. While we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
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02 May 2025
Container News
Denmark Proposes Us$1 Billion State-Backed War Risk Insurance For ShippingThe Danish government has unveiled plans to establish a state-backed US$1 billion war risk insurance programme for the shipping sector, intended as a safeguard in case commercial insurance markets become unavailable.
Describing the proposal as a âtimely precaution,â the government plans to present the initiative to parliament for a vote later this year.
âThere are global tensions and war on European soil,â said Denmarkâs Business Minister Morten Bodskov. âItâs essential that we are preparedâeven for the worst-case scenarios.â
Anne Steffensen, CEO of Danish Shipping, the national shipownersâ association, commented:Â âThe timing is exactly right for the activation of the War Insurance Institute. Itâs always wise to be well insured. And of course, the shipping companies are covered through the regular commercial market. But in an extraordinary war scenario, it can be critically important that the Danish merchant fleet is still able to operate. This proposal contributes to securing that possibility if Danish shipping can no longer be covered by commercial insurance. And like with all other insurance schemes, I sincerely hope we never have to use it.âport-and-ship
02 May 2025
Hellenic Shipping News
Greener Reefers Could Cut 3.74 Million Tons CoâE And Reduce Energy Use By 20%in International Shipping News,Shipping: Emission Possible
01/05/2025
A full transition to greener refrigerated containers (âreefersâ) could reduce greenhouse gas emissions by up to 3.74 million tons of COâ-equivalent per year, according to a new White Paper developed by the Kuehne Climate Center and GIZ, equivalent to the emissions generated by the production of 872,375 gasoline-powered passenger vehicles per year.
Natural refrigerants such as propane match or outperform traditional refrigerants in cooling performance while having significantly lower global warming potential. Eliminating PFAS, harmful âforever chemicalsâ that are highly persistent, from the supply chain is another key benefit, as many of todayâs commonly used synthetic refrigerants gradually break down into these persistent pollutants. Natural refrigerants do not generate these substances, making them a safer and cleaner alternative. Furthermore, operational improvements throughout the cold chain, including better insulation and temperature control could reduce energy consumption by up to 20%.
Reefers play a critical role in transporting food, pharmaceuticals, and other sensitive goods worldwide. Despite comprising only 15% of the global container fleet, based on the latest International Maritime Organization information the ca. 2.5 million refrigerated containers currently in use have a disproportionately large climate footprint due to their energy-intensive cooling systems and the use of refrigerants such as R134a and R404A â which have global warming potentials thousands of times higher than COâ and significantly accelerate the climate crisis when released. In 2018 alone, leaks from these refrigerants led to 3.74 million tons of COâ-equivalent emissions. Moreover, PFAS, persistent chemicals that contaminate soil and water, pose significant health risks such as hormonal imbalances, immune system effects, and certain cancers.
The technology to replace today´s refrigerants already exist. Natural refrigerants like propane and carbon dioxide, which are widely used in other sectors, can be effectively applied in refrigerated maritime containers. These alternatives offer strong cooling performance, significantly lower climate impact and eliminate PFAS contamination risks. While the transition to greener refrigerants like propane and carbon dioxide involves higher upfront costs and additional safety requirements, the White Paper concludes that the shift is both technically feasible and economically viable in the long term. However, barriers such as regulatory complexity, flammability standards, and the additional costs associated with introducing these substances into existing operations, such as infrastructure adjustments and technician training, represent manageable challenges to be addressed as part of the implementation process. The right policy support, financial incentives, and industry collaboration would be essential to accelerate the adoption and make the transition cost-effective at scale.
Momentum for change is growing. Global policies such as the EU F-Gas Regulation, which aims to phase down the use of fluorinated greenhouse gases, the Kigali Amendment to the Montreal Protocol, and the International Maritime Organizationâs climate targets are driving the industry towards cleaner solutions. Regulation on PFAS is also anticipated. Companies that take proactive steps now can stay ahead of regulations, reduce emissions, and align with the growing market demand for sustainable supply chains.
âBold action is not just necessary â it is possible,â says Otto Schacht, Advisor to the KĂźhne Foundation and former Head of Global Sea Logistics at Kuehne+Nagel. âThis White Paper is both a call to action and a source of inspiration for stakeholders across the maritime ecosystem. The insights presented here showcase the immense potential of transitioning to climate- and environment-friendly reefer technologies.â The Greener Reefers White Paper was developed by the Kuehne Climate Center in cooperation with GIZ â âDeutsche Gesellschaft fĂźr Internationale Zusammenarbeitâ. It was created as part of the Greener Reefers Transition Alliance, a collaborative initiative that aims to accelerate the shift towards sustainable refrigerated shipping by promoting natural refrigerants, energyefficient technologies, and systems-level innovation.
By bringing together industry leaders, innovators, and key stakeholders, the Alliance supports an enabling environment for greener reefer adoption, advancing the goals of the International Maritime Organizationâs reduction strategy and the Paris Agreement.
Source: Kuehne Climate Centerport-and-ship
01 May 2025
Port Technology International
One Reports 32 Per Cent Revenue Surge To $19.23 Billion YoyThe company witnessed their net profit surge to $4.24 billion, marking a $3.27 billion increase from the previous year.
Jeremy Nixon, CEO of ONE, said: âWe are pleased to report a profit of $4.24 billion for FY2024 â an achievement realised despite ongoing geopolitical tensions and regional economic uncertainties.
âThrough our participation in the newly established the Premier Alliance, we have further expanded our global network and enhanced our service offerings.â
Recently, ONE launched its Intra-Greece Express (IGX) service to enhance connectivity between Thessaloniki and Piraeus.
Additionally, the Port of New York and New Jersey celebrated the maiden voyage of the ONE Eagle at Port Liberty Bayonne.port-and-ship
30 April 2025
Bunker Port News Worldwide
Trafigura To Supply 4 Million Barrels Of Oman Crude To BpclTrader Trafigura Tuesday said it would supply four million barrels of Oman crude Indian refiner Bharat Petroleum Corp BPCL with deliveries starting in May.
âTrafigura will supply quarterly cargoes, destined for BPCLâs Kochi Refinery, until March 2026,â it said in a statement.
BPCL operates a 310,000 barrels per day refinery at Kochi in southern Kerala state.
Source: Reutersport-and-ship
30 April 2025
Splash247
Saipem Wins $590M Deal For Work On EniâS Uk Ccs ProjectItalian offshore engineering and construction giant Saipem has won a contract from Eni for work on the Liverpool Bay CCS project in the UK.
The value of the contract is estimated approximately âŹ520m ($592m) over the three years required to complete the project.
The Liverpool Bay CCS project will serve the HyNet industrial cluster, situated in one of the UKâs most energy-intensive industrial districts.
Saipemâs scope of work concerns the EPC and assistance to the commissioning of a new CO2 electrical compression station. This new facility will be integrated with both the offshore and onshore segments of the overall development.
The gas compression and treatment facility will allow for permanent CO2 storage in offshore depleted fields under Liverpool Bay.
This comes less than a week after Eni reached the financial close with the UK Governmentâs Department of Energy Security and Net Zero for the project.
The Liverpool Bay CCS project will operate as the backbone of the HyNet Cluster to transport carbon dioxide from capture plants across the North West of England and North Wales through new and repurposed infrastructure to safe and permanent storage in Eniâs depleted natural gas reservoirs, located under the seabed in Liverpool Bay.
The project itself foresees the efficient repurposing of part of the offshore platforms as well as 149 km of onshore and offshore pipelines, and the construction of 35 km of new pipelines to connect industrial emitters to the Liverpool Bay CCS network.port-and-ship
29 April 2025
Shipping Telegraph
Uscg Lands Min $214 Million Illegal Cocaine In San DiegoThe crew of the U.S. Coast Guard Cutter Kimball (WMSL 756) offloaded approximately 18,898 pounds of cocaine, with an estimated value of more than US$214.3 million, on Thursday in San Diego, USA.
The offload in San Diego is a result of six separate suspected drug smuggling vessel interdictions or events off the coasts of Mexico and Central and South America by the Coast Guard Cutter Kimball and Coast Guard Cutter Forward during the months of February through April the U.S. Coast Guard announce.
Multiple U.S. agencies, including the Departments of Defense, Justice, and Homeland Security, collaborate in the effort to combat transnational organized crime. The Coast Guard, Navy, Customs and Border Protection, FBI, Drug Enforcement Administration, and Immigration and Customs Enforcement, along with allied and international partner agencies, all play a role in counter-narcotic operations.âŻâŻ
The Coast Guard Cutter Kimball is one of two legend-class national security cutters homeported in Honolulu, Hawaii as the USCG mentions.
Video credit: U.S. Coast Guard.port-and-ship
28 April 2025
Container News
Ceva Logistics To Acquire TurkeyâS Borusan Tedarik For Us$440 MillionCEVA Logistics, the logistics arm of French shipping giant CMA CGM, has signed a binding agreement to acquire 100% of Turkish logistics provider Borusan Tedarik Zinciri ĂĂśzĂźmleri ve Teknoloji Anonim Ĺirketi.
The deal, valued at approximately US$440 million, is subject to customary net cash and working capital adjustments. Borusan Holding currently owns 69.47% of Borusan Tedarik, while 30.53% is held by the publicly traded Borusan YatÄąrÄąm.
The acquisition, which includes Borusan Tedarikâs subsidiaries in Germany, Bulgaria, Hong Kong, and China, remains subject to regulatory approvals and standard closing conditions.
Borusan Tedarik offers a broad range of logistics services in Turkey, including contract logistics, finished vehicle logistics (FVL), full truckload (FTL) and less-than-truckload (LTL) ground transportation, as well as air and ocean freight and customs services. In 2024, the company generated gross revenues of US$567 million, serving a diverse mix of international and leading domestic customers.
Following the completion of the transaction, approximately 4,000 Borusan Tedarik employees will join CEVA Logistics.
The acquisition is set to significantly expand CEVAâs presence in Turkey, nearly doubling its domestic warehousing and distribution footprint by adding around 570,000 square meters to its current 620,000 square meters. Ground transport operations will also be strengthened, with the combined network expected to handle nearly 1 million domestic shipments annually, and bolster CEVAâs European connectivity.
Borusan Tedarikâs strong relationships in the automotive sector are expected to reinforce CEVAâs finished vehicle logistics (FVL) capabilities, positioning it among the top three global players in the segment. Additionally, the deal will expand CEVAâs ocean freight capacity by 25% and elevate its airfreight operations into the top five within the Turkish market.
Since its acquisition by CMA CGM in 2019, CEVA Logistics has pursued an aggressive growth strategy, integrating major players such as Ingram Microâs CLS division, GEFCO, and most recently, BollorĂŠ Logistics. The company has also executed numerous domestic bolt-on acquisitions and joint ventures to accelerate its expansion across key markets and sectors.port-and-ship
28 April 2025Marine Insight
Ukraine Arrests Russian Ship Smuggling 5,000 Tons Of Stolen Grain From CrimeaUkrainian authorities have seized a foreign cargo vessel accused of transporting stolen grain from Crimea, in a joint operation carried out by Ukraineâs Security Service (SBU) and the State Border Guard Service (SBGS).
The ship was intercepted in the internal waters of the Black Sea, Ukraine announced.
Investigators confirmed that the ship had loaded around 5,000 tons of wheat from the port of Sevastopol at the end of 2024.
Sevastopol is located in Crimea, which Ukraine continues to regard as a temporarily occupied part of its southern territory.
To hide the grainâs true origin, the vessel operated under the flag of one of the Asian countries-a tactic authorities say is commonly used by Russiaâs âshadow fleetâ.
During the search operation, Ukrainian forces found documents, navigational equipment, and other physical evidence linking the ship and its crew to the illegal transportation of Ukrainian agricultural products.
The vessel was immediately arrested, and its crew was detained for further legal procedures. A pre-trial investigation into the incident is ongoing.
The SBU stated that the seized ship was involved in helping Russian forces loot and sell Ukrainian grain to third countries.
The operation was conducted by officers from the SBU units in the Autonomous Republic of Crimea and Odessa region, working together with the maritime protection units of the State Border Guard Service and the Naval Forces of Ukraine, under the procedural guidance of the Prosecutorâs Office of Crimea and the city of Sevastopol.
Ukrainian officials have accused Russia of consistently stealing Ukrainian agricultural products since it occupied Crimea in 2014.
According to open media reports like Bellingcat and Lloydâs List, Russia has been moving grain out of Crimea for years.
Ukrainian authorities have warned countries against buying stolen grain.
Earlier in 2024, Ukraine had detained another vessel on the Danube River, which had transported grain from Crimea both in 2023 and again in 2024.
After a court case, that ship was handed over to be Ukrainian state, and the captain along with an officer were arrested for prosecution.
Ukraineâs latest action comes as political tensions grow over the status of Crimea.
President Volodymyr Zelensky has reiterated that under Ukraineâs constitution, Crimea remains part of Ukraine and cannot be surrendered.
He has previously called Crimea a âred lineâ in any negotiations to end the war with Russia.
Meanwhile, US President Donald Trump said in an interview published by Time Magazine on April 25 that âCrimea will stay with Russia,â and suggested that Zelensky âunderstands that.â
Trump has criticised Ukraine, blaming it for prolonging the conflict and hindering peace talks, which he said he is keen to conclude.
Ukraineâs announcement about the seized vessel came just before a planned meeting between US Special Envoy Steve Witkoff and Russian President Vladimir Putin to discuss efforts to move the peace negotiations forward.
At the same time, Ukraineâs National Resistance Centre recently reported that Russia is building a large agricultural market in occupied Mariupol, which officials believe is intended to support the export of stolen Ukrainian goods.
Ukraine has also found evidence that grain taken from occupied territories is being shipped to countries such as Iran.
The Ukrainian authorities stated that they will continue operations to stop the illegal export of Ukrainian resources from occupied territories.
References: newsukraine, pravda
Disclaimer : The information contained in this website is for general information purposes only. While we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.
Disclaimer : The information contained in this website is for general information purposes only. While we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
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26 April 2025Maritime Gateway
Dpa Kandla Crosses 10 Million Tonnes Cargo MilestoneDeendayal Port Authority, Kandla has achieved a major milestone by crossing the 10 million Metric Tonnes (MMT) cargo handling mark as of April 25, 2025 â two days ahead of last yearâs timeline. This accomplishment highlights DPAâs growing momentum, operational excellence, and unwavering commitment to service.
The Chairman, DPA, congratulated all stakeholders, port users, trade unions, employees, and workers for their remarkable contribution and wholehearted support in achieving this feat.port-and-ship
26 April 2025Marine Insight
Maryland Approves $160M Plan To Protect Bay Bridge From Ship CollisionsMarylandâs Transportation Authority (MDTA) has completed a safety study for the Chesapeake Bay Bridge and announced plans to improve the bridgeâs defenses against potential ship collisions.
The decision comes after heavy criticism from federal officials after the fatal collapse of the Francis Scott Key Bridge in Baltimore in March 2024.
The National Transportation Safety Board (NTSB) has previously expressed concern over MDTAâs failure to assess the Bay Bridge for ship-strike risks, especially since it had already identified the structure as vulnerable.
The collapse of the Francis Scott Key Bridge, when a container ship struck one of the bridgeâs columns and killed six construction workers, and caused billions in damage, brought increased scrutiny to older US bridges over navigable waterways.
According to the NTSB, the Key Bridge collapse could have been avoided if a proper risk analysis and pier protection were in place. After the incident, the board requested 30 bridge-owning agencies across the country to assess 68 aging and at-risk bridge spans.
MDTA, which owns both the Key Bridge and the Bay Bridge, was specifically named for not having completed the Bay Bridge assessment at the time.
MDTA says the risk analysis for the Chesapeake Bay Bridge has been completed. The agency spent $600,000 on the study, which was carried out by engineering firm Moffatt & Nichol, a recognised expert in ship-strike analysis.
Their findings showed that the twin spans, built in the 1950s and 1970s, do not meet current safety standards set for modern bridges.
While the bridge still complies with federal requirements for legacy structures, MDTA acknowledged that it does not meet current guidelines for vessel collision protection recommended by the American Association of State Highway and Transportation Officials (AASHTO).
The agency stated that federal law does not require modifications for bridges that already have valid permits, but said it is voluntarily choosing to improve safety.
The planned upgrades include adding stronger pier fenders and constructing large protective structures called dolphins, rock and concrete islands designed to shield bridge piers from runaway ships.
The total estimated cost for this fortification project is around $160 million.
MDTA also shared a list of short-term safety measures being considered. These include changes in communication protocols for vessel pilots, reducing ship speeds near the bridge, managing vehicle traffic more strategically, and possibly introducing one-way transits for ships.
However, tugboat escorts are not currently part of the plan.
Although MDTA had previously shared early plans for pier protection, the agencyâs recent letter to the NTSB formally confirms its commitment.
The NTSBâs recent review found that many bridges across the US were built long before ship-strike threats were fully understood.
The Key Bridge, for example, was found to be 30 times more likely to suffer a ship strike than what is acceptable under modern standards.
A separate analysis by Johns Hopkins University suggested the Bay Bridge could be hit once every 86 years, compared to once every 48 years for the now-collapsed Key Bridge.
Although the ship has never been hit by a large vessel but a ship near-miss due to a steering issue last year led to a rare temporary closure of the span.
In response to the NTSBâs criticism, MDTA officials said they are developing a full risk-reduction strategy and expect to begin designing the fortifications by summer.
While a final timeline has not been confirmed, earlier estimates suggested that the work could be completed between winter 2027 and 2028.
As the twin spans of the Bay Bridge approach the end of their expected lifespan, MDTAâs chief engineer mentioned earlier this year that the new protective infrastructure could eventually be incorporated into a future replacement bridge.
Despite NTSB Chair Jennifer Homendyâs public warning in March urging people to think twice about crossing the Bay Bridge, MDTAâs executive director later reassured the public that the bridge remains safe for travel.
Reference: thebaltimorebanner
Disclaimer : The information contained in this website is for general information purposes only. While we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.
Disclaimer : The information contained in this website is for general information purposes only. While we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
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22 April 2025Marine Link
Denmark To Spend $600 Million On Naval VesselsDenmark will spend about 4 billion crowns ($614 million) on building and procuring 26 navy vessels for patrolling, oil spill response and surveillance of undersea cables, Defence Minister Troels Lund Poulsen said on Tuesday.
Countries bordering the Baltic Sea are on high alert after a number of outages of power cables, telecom links and gas pipelines since Russia's invasion of Ukraine in 2022, including sabotage of the Nord Stream gas pipelines. Russia has denied it was behind the outages.
The NATO military alliance has boosted its presence with frigates, aircraft and naval drones. One concern has been the so-called shadow fleet - vessels used by Russia to move oil, arms and grains around in violation of sanctions.
"The threats we face at sea today are different and far more serious than just a few years ago. In particular, we need to respond to a threatening Russia, while technological development is moving at lightning speed," Poulsen said in a statement.
"With the agreement on the naval plan, we are initiating several urgent procurements that are the first step in enabling Danish maritime defence to counter a wider range of threats."
After more than a decade of drastic cuts in defence spending, Denmark last year allocated 190 billion Danish crowns for its military over a 10-year period.
The Nordic country is primarily aiming to protect submarine cables and pipelines for energy production and transmission, and to boost protection against potential threats to the marine environment in Danish waters from the Russian shadow fleet.
In addition to the 26 vessels, Denmark will acquire drones and sonar systems, which can monitor and identify unwanted underwater activity, the ministry said.
The government said it was aiming for many of the vessels to be built in Denmark, including in cooperation with its NATO allies, but provided no further details.
($1 = 6.5142 Danish crowns)
(Reuters)port-and-ship
22 April 2025Marine Link
Imabari Maritime Fair âBari-Ship 2025âImabari Maritime Fair, "Bari-Ship 2025" is schedule to be held from May 22- 24, 2025 at Texport Imabari (Imabari, Japan).
"Bari-Ship" is the largest international maritime exhibition in Western Japan, held every two years in Imabari, Japanâs leading maritime city. The event serves as a venue for maritime industry professionals from not only Japan but around the world to gather, engage in business matching, and exchange information.
This year's exhibition will be the largest ever, with exhibitors from 380 companies from 24 countries, and is expected to attract approximately 20,000 visitors during the three-day exhibition.
General InformationExhibition Name: Bari-Ship 2025Dates: 22 â 24 May 2025 / 10am â 5pm (until 4pm on the last day)Â * Open to the general public on the last dayVenue: Texport ImabariOrganizer: Informa Markets Japan Co LtdIn Partnership with: Imabari city, Imabari Maritime City Promotion CommitteeSupporters: Ministry of Land, Infrastructure, Transport and Tourism, The Japanese Shipowners' Association, Japan Federation of Coastal Shipping Associations, The Shipbuilders' Association of Japan, The Cooperative Association of Japan Shipbuilders, Japan Ship Exporters' Association, Japan Ship Machinery and Equipment Association, ClassNK, The Japan Shipping Exchange, Inc, The Japan Society of Naval Architects and Ocean Engineers.
The Largest ever, Showcasing the Latest Products, Technologies, and Services
A new exhibition area called "M Zone" will be set up at Imabari Port, making this the largest exhibition in the eventâs history. Approximately 380 companies from 24 countries will be exhibiting, offering an opportunity to see, touch, and experience the latest developments in the maritime industry.
A Platform for the Future of the Maritime Industry and the Development of Next-Generation Talent
"Bari-Ship" will host forums discussing future trends in the maritime industry and seminars introducing the latest technological trends. The final day of the exhibition will be open to the public to promote familiarity with ships and the sea, offering a variety of events aimed at nurturing the next generation of talent.
Onboard TourSIM-SHIP1 mk2 "Churasan"Produced by: SIM-SHIP / NAIKEN R&DVenue: Bari-Ship 2025 âM Zoneâ (Imabari Port)This 499 GT cargo ship is equipped with an advanced air lubrication system, a container type battery system, and various digital equipment. The vessel is open for inspection.
Opening CeremonyDate and time: May 22, 2025, 9:30am - 10:00amVenue: Texport Imabariport-and-ship
21 April 2025Marine Link
Nuwc Division Newport: $2 Billion Impact On Economy In 2024The total funded program of the Naval Undersea Warfare Center (NUWC) Division Newport reached $2 billion in 2024, according to the recently released economic impact report.
Of its total operating budget, $776 million was spent by Division Newport in civilian payroll and labor, materials, operational expenditures, property maintenance and repair, and military payroll, while $1.2 billion funded contracts.
One of two divisions of the Naval Undersea Warfare Center, Division Newport has a workforce comprised of 51% government civilian employees, 48% support contractor employees and 0.38% military staff. These employees reside in Rhode Island (68%), Massachusetts (23%), Connecticut (4%) and other areas of the United States (5%).
Of the full-time government civilian staff, 73% are classified as scientists or engineers, with 86% of the workforce holding a four-year degree and 36% holding an advanced degree. The average government civilian salary is $122,000, according to the report.
Of the approximately $1.2 billion spent on contracts, small business obligations accounted for about $356 million. Roughly 95% of Division Newport's contract obligations paid for new services in Rhode Island, and 94% percent of fiscal year 2024 contracts were competitively awarded. The fiscal year ran from Oct. 1, 2023, to Sept. 30, 2024.
Academic and intellectual outreach in 2024 included 12 science, technology, engineering and math (STEM) programs and 31 educational partnerships that totaled $1.24 million in funding and reached 16,484 students in pre-kindergarten through grade 12. Division Newport had 89 active cooperative research and development agreements (CRADAs), 74 collaborative projects with academia and employees published 176 technical papers. Between fiscal years 2020 and 2024, Division Newport employees have generated 162 patented inventions.
Division Newport operates under the Navy Working Capital Fund (NWCF) model, which means it receives funds from multiple âcustomersâ to execute tasking within its assigned mission. Those utilizing the NWCF model receive no directly appropriated funding and operate like a nonprofit business with a âcustomer-providerâ relationship. Division Newportâs incoming funds for fiscal year 2024 totaled $2.0 billion.
The Navy and Marine Corps represented Division Newportâs largest customer with $982 million in funding. The next largest were private parties at $23 million, other Department of Defense outfits at $14 million, and the Air Force with $10 million. Incoming funds from the Army and other government organizations represented approximately $3 million.port-and-ship
21 April 2025Hellenic Shipping News
Leading Maritime Charities Partner To Launch Industry-First Programme To Support Neurodivergent Seafarersin International Shipping News
18/04/2025
As part of our ongoing efforts to foster greater equity, diversity and inclusion within the maritime space, NeurodiversAtSea, the Seafarers Hospital Society and The Seafarersâ Charity are delighted to announce the launch of an industry-first project to provide tailored support to neurodivergent seafarers.
The project builds upon research conducted by NeurodiversAtSea which identified a lack of industry support for neurodivergent seafarers, with just two out of 118 survey respondents reporting their employer provided any form of assistance to access formal assessments or diagnosis. Additionally,62% of respondents reported no specific assistance for neurodivergent employees.
By making ÂŁ9,761 available to UK-based seafarers as part of an initial pilot scheme, this project aims to provide grant funding for seafarers who suspect theyâre neurodivergent to pursue a formal diagnosis, enabling them to access reasonable adjustments for exams and from their employer.
With up to 15% of the UK population being neurodivergent, including an estimated 1.2 million autistic individuals and 2.2million with ADHD, alongside other conditions such as dyslexia, dyspraxia and dyscalculia, this project takes an important step towards unlocking an under-utilised talent pool for Maritime within the UK.
Sandra Welch, CEO at Seafarers Hospital Society (Copyright: Seafarers Hospital Society)
The project seeks to provide an alternative to lengthy waits for formal assessments via the NHS, which are up to 3 years in some areas, and will fund formal diagnostic assessments and in some cases expenses related to attending these appointments for; ADHD, autism, dyslexia, dyspraxia, dyscalculia and other specific learning differences. The funds will be administered and distributed by the Seafarers Hospital Society, on behalf of NeurodiversAtSea.
Commenting on the launch, Sandra Welch, CEO of the Seafarers Hospital Society said âDiversity, equity and inclusion are integral to a healthy and happy workplace, which is why weâre delighted to be partnering with NeurodiversAtSea, enabling neurodivergent seafarers to access the right assessments and support whilst working at seaâ
Echoing this, Daniel Smith, Founder and Chair of NeurodiversAtSea said âNeurodivergent individuals face countless barriers preventing them from having a fulfilling career at sea. This leads to burnout, and people leaving the industry early. By providing access to a formal diagnosis, we enable neurodivergent seafarers to access support â allowing them to reach their full potential.â
Tina Barnes, Impact Director at The Seafarersâ Charity added: âThis important new initiative will enable recognition and support for neurodiverse conditions experienced by seafarers. I am pleased that The Seafarersâ Charityâs trustees have recognised the need to support neurodivergent seafarers with this grant award.â
Source: Seafarers Hospital Societyport-and-ship
18 April 2025Hellenic Shipping News
Xeneta Weekly Ocean Container Shipping Market Update: Average Spot Rates From Far East To Mediterranean Increased 6.8%in International Shipping News
18/04/2025
Average spot rates from Far East to US East Coast and US West Coast are flat during April to stand at USD 3951 per FEU (40ft container) and USD 2910 per FEU respectively.
Average spot rates from Far East to North Europe increased 4.8% on 15 April to stand at USD 2457 per FEU.
Average spot rates from Far East to Mediterranean increased 6.8% on 15 April to USD 3270 per FEU.
Average spot rates from North Europe to US East Coast remain flat during April at 2158 per FEU.
Average spot rates on all fronthaul trades are down from 1 January:
Container shipping capacity on trades from Far East to North Europe set to hit all-time high in week commencing 14 April (capacity data based on four week rolling average).
Previous record set during Covid-19 disruption in November 2021 when 336,800 TEU of capacity was offered from Far East to North Europe.
Xeneta analyst insight â record capacity from Far East to North Europe
Peter Sand, Xeneta Chief Analyst:
âWe are looking at record-breaking container shipping capacity leaving the Far East for North Europe this week, which means carriers know something is boiling.
âAt the same time as record capacity, we are seeing an uptick in spot rates from the Far East to North Europe. This suggests a nervous market, but the demand must also be there to put upward pressure on rates.
âThe question is whether this record capacity and rate increase is a consequence of the tariff threat if shippers are redirecting goods from the Far East to Europe instead of the US. What we can say is that this is usually a slack time of year for container shipping, so an uptick in pressure is likely related to the tariffs in some way.
Xeneta analyst insight â congestion in North Europe ports
Peter Sand, Xeneta Chief Analyst:
âWe are seeing heavy port congestion in North Europe including Antwerp, Le Havre, London Gateway and Hamburg, but the main cause is likely weather, crane maintenance, labor unrest and strikes, rather than tariffs.
âHowever, if we are seeing record levels of capacity leaving the Far East this week, there could be carnage by the time these ships arrive in North Europe, if congestion is still high.
âAverage transit time from the Far East to North Europe is 55 days, so there could be serious issues on the horizon in June. As we saw in 2024, congestion is toxic for ocean container shipping and can quickly spread across global supply chains.â
Source: Xenetaport-and-ship
18 April 2025Hellenic Shipping News
LloydâS Register And Pusan National University Partnership To Drive Innovation In Liquefied Hydrogen Carrier Technologyin International Shipping News,Shipping: Emission Possible
18/04/2025
The partnership aims to advance liquefied hydrogen carrier technology, promoting sustainable and zero-emission maritime transport.
Lloydâs Register (LR) has signed an agreement with the Hydrogen Ship Technology Center at Pusan National University (PNU) in Korea, forming an international partnership aimed at advancing liquefied hydrogen carrier technology and cryogenic engineering.
The Memorandum of Understanding (MoU), signed on 16 April at LRâs Busan Office, establishes a strategic collaboration focused on developing liquefied hydrogen as a clean and scalable energy source.
Through this new partnership, LR and PNU will collaborate across a wide range of activities, including joint research and technology development, the exchange of technical expertise, international academic cooperation, and shared policy development. The agreement represents a significant step forward in accelerating the commercialisation of liquefied hydrogen carriers and ensuring that they are designed, built and operated to the highest international safety and performance standards.
PNU, home to Koreaâs first university-based institute specialising in eco-friendly ships, is helping to address the challenge. As the lead organisation behind the âHydro Ocean Kâ project, the worldâs largest liquefied hydrogen carrier currently in development, the university is contributing to the future of zero-emission maritime transport.
Sung-Gu Park, President â North East Asia, Lloydâs Register, said: âWe have taken an important first step towards the development of liquefied hydrogen carriers and cryogenic engineering technology. This agreement will serve as a significant turning point, allowing us to advance in the key areas of the future hydrogen economy through differentiated international exchange activities based on world-class cryogenic technology.â
Dr Jae-Myung Lee, Director of the Hydrogen Ship Technology Center, said: âThe collaboration between our university and Lloydâs Register is a differentiated international exchange activity based on world-class ultra-low temperature technology. It will be an important turning point for further advancement in the utilisation of liquid hydrogen, a key field in the future hydrogen economy.
âWe will make joint efforts to create synergies in the development of ultra-low temperature research, an unexplored field for human society.â
Source: Lloydâs Registerport-and-ship
18 April 2025Hellenic Shipping News
DcsaâS Track & Trace Standard Ready For Use In The Port Of Rotterdamin Port News
18/04/2025
Digital Container Shipping Association (DCSA), a neutral, non-profit organisation driving standardisation and digital innovation in container shipping, today announced the Port of Rotterdam has become the first major port to include the DCSAâs industry-leading Track & Trace (T&T) Standard in its Port Community System (Portbase), significantly enhancing container tracking and visibility at one of the worldâs busiest ports, and the main gateway to Europe.
This success is the result of a unique collaboration between the Dutch Ministry of Infrastructure, Portbase (the port community system for Dutch ports) and DCSA â as part of the Digital Infrastructure Logistics (DIL) Programme of the Netherlands. The standard allows cargo owners to know the whereabouts and status of their goods from door to door, regardless of the IT systems or logistics service providers they use. It is expected that a future full-scale integration of the DCSA T&T standard in Portbase will ensure export processes are more efficient, reliable and transparent for companies moving their goods through one of the busiest ports in the world.
Already widely used by DCSAâs members, the standard supports more than 180 million monthly container tracking events globally, covering 75% of global container shipping volume. The inclusion of the standard in the Port of Rotterdam confirms the status of DCSAâs standard as the de facto T&T standard for the global container shipping ecosystem. The collaboration will continue as the parties are currently considering implementing DCSA standards in a new Track and Trace service.
A Portbase spokesperson said:
âIntegrating the DCSA standards was relatively easy because of the well documented specifications and the use of modern technology, such as API instead of EDI messages. Collaboration with the DCSA team was successful.â
Adriaan Zeillemaker, Deputy Director of Maritime Affairs (and Head of Multimodal Freight Transport and Pipelines) at the Ministry of Infrastructure and Water Management, said:
âThis partnership between DCSA, Portbase and the Dutch âData In Logisticsâ innovation program illustrates how public-private cooperation functions in the context of digital infrastructure: each party leverages its strengths, and together we build a resilient system.â
Thomas Bagge, CEO of DCSA, said:
âWe are proud and honoured that our standards are recognised and being used as a basis for supply chain efficiency and visibility in one of the worldâs main trading nations and biggest ports. We look forward to deepening our collaboration with the government and ports in the Netherlands and other markets to increase the widespread adoption of digital standards in the global supply chain.â
Source: Digital Container Shipping Association (DCSA)port-and-ship
18 April 2025