One Air to add two 777Fs
British cargo airline One Air plans to add two Boeing 777 freighters to its fleet as it seeks further growth in 2025. The 747-400 freighter operator recently added a third 747-400F with nose-loading capabilities and said it aimed to add a fourth aircraft next year, but did not specify what type it would invest in. However, […]
TotalEnergies partners with Reach Subsea on unmanned offshore vessel pilot
French energy major Total Energies has become a partner in the unmanned surface vessel (USV) qualification program conducted by Norwegian offshore services player Reach Subsea. Earlier this year, Reach Subsea agreed with Equinor to conduct a technology qualification program. TotalEnergies, along with several other major energy companies, has now joined this program. The pilot project […]
OneSubsea to supply boosting system for BP’s Kaskida project
SLB’s OneSubsea has been awarded a contract by energy giant BP for a subsea boosting system in the greenfield development of the Kaskida project in the US Gulf of Mexico. This contract is the first engineering, procurement, and construction (EPC) contract for a subsea boosting system between the two companies. The project scope includes a […]
UECC expanding fleet with up to four LNG-powered battery hybrid newbuilds
Oslo-based United European Car Carriers (UECC) has ordered up to four battery hybrid newbuilds at China Merchants Jinling Shipyard Nanjing. The shortsea roro carrier has signed for two firm vessels with multi-fuel LNG-driven engines scheduled for delivery in 2028 and options for two more units that, if exercised, would bring the number of “eco-friendly newbuilds” […]
Purus seals Vestas deal for CSOV newbuild
UK-based owner Purus has secured a multi-year service contract with Danish wind turbine manufacturing giant Vestas for one of its commissioning service operation vessels (CSOVs) under construction at Fincantieri-controlled Norwegian shipbuilder Vard. The vessel named Purus Chinook will start its contract immediately after delivery in 2025. The newbuild will be fit to accommodate 120 people […]
Capacity imbalance sees boxshipping tilt to buyers’ market
Major disruptions in the container shipping market have conspired to bolster flagging rates, but the same market fundamentals seen a year ago apply today as shippers contemplate a cheaper 2025 and carriers face a bruising. This content is locked Select a CN Premium Subscription Package To Unlock The Content! Remember Me Lost your […]
CNC commences new Taiwan-Vietnam service
CMA CGM-owned intra-Asia short sea specialist CNC has launched a new service line directly connecting Taiwan with Vietnam. The TVS service offers direct calls between the port of Kaohsiung and Ho Chi Minh City (Cat Lai). The company states that the service will provide a round trip from Kaohsiung to Ho Chi Minh City, requiring […]
Port of New York and New Jersey nears 780,000 TEUs, marking second-busiest September ever
Port of New York and New Jersey achieved the second-busiest September of all time, eclipsed only by the pandemic-related cargo surge in 2022, handling a total of 779,388 TEUs during the month. “We maintained our status as the nation’s second-busiest gateway for loaded cargo, handling 4,388,397 loaded TEUs over the first nine months of the […]
Maersk secures long-term methanol supply agreement to power green fleet
A.P. Moller-Maersk has signed a long-term bio-methanol offtake agreement with LONGi Green Energy Technology. This partnership aims to support Maersk’s efforts to reduce greenhouse gas (GHG) emissions across its expanding fleet of dual-fuel methanol-powered container vessels. “Bio- and e-methanol continue to be the most promising alternative shipping fuels to scale up in this decade, and […]
Port of Los Angeles secures US$412 million US EPA grant
The Port of Los Angeles (POLA) has received a historic US$412 million grant from the United States Environmental Protection Agency’s (EPA) Clean Ports Program to advance its zero-emission (ZE) transition. With an additional US$236 million from private sector partners, the total US$644 million investment will fund the purchase of nearly 425 pieces of battery-electric cargo-handling […]