Western Bulk Chartering sells five-year-old ultramax
Norwegian dry bulk operator Western Bulk Chartering has sold one of its ultramax vessels to an undisclosed buyer. The company said in an Oslo Bors filing that it sold the 2020-built, 63,500 dwt Western Fuji. The Norwegian firm claimed that it realised a net profit of approximately $1.5m, following the exercise of a vessel purchase […]
DP World’s UK faciltiy ships 10 million vinyl records
DP World has shipped over 10 million vinyl records from its Bicester facility, the UK’s largest distribution warehouse for music and video products, since August 2023, when the facility commenced operations. Powered by semi-autonomous ‘picking’ robots, developed by Locus Robotics, the warehouse has become the epicentre of physical music distribution in the UK, playing a […]
RCL partners with Lloyd’s Register to drive fleet optimisation and emissions reduction
Regional Container Lines (RCL) partners with Lloyd’s Register OneOcean to drive fleet optimisation and emissions reduction. The collaboration aims to enhance the carrier’s fleet efficiency, reduce fuel consumption, and support its commitment to operational excellence and sustainability. Under the agreement, RCL has subscribed to LR OneOcean’s voyage optimisation platform, which provides real-time voyage planning, dynamic […]
Stillstrom to assess offshore charging in Panama Canal
Stillstrom and the Panama Canal Authority have signed a memorandum of understanding to implement an offshore charging technology to reduce emissions from vessels idling in and around the Panama Canal. The Panama Canal is a critical artery of global commerce and handles around 14,000 vessels per year. In recent years, has taken significant steps toward […]
Port NOLA selects new Vice President of External Affairs and Chief of Staff
The Port of New Orleans (Port NOLA) named Loren Marino as its Vice President of External Affairs and Chief of Staff. In this role, Marino will oversee community engagement, ensure effective communication and execution across the Port and New Orleans Public Belt Railroad (NOPB), and lead strategic planning efforts along with oversight for Human Resources, […]
BP chairman to step down following strategy change
UK-based supermajor BP chairman Helge Lund has revealed his intention to step down from the role in due course. BP said that the board of directors will work with Lund to ensure an orderly transition ahead of the next chair taking over the role. It is expected that Lund will step down from the board […]
Security expert: Evergreen ship drug bust shows need for greater onboard vigilance
The indictment of an Evergreen Marine Corporation seafarer for drug trafficking shows the extent to which drug smugglers can infiltrate shipping companies, and ship owners should steps to minimise access to such unsavoury characters, according to a security expert. This content is locked Select a CN Premium Subscription Package To Unlock The Content! Remember Me […]
Hapag-Lloyd applies new GRI in Americas
German container carrier Hapag-Lloyd has announced a General Rate Increase (GRI) from Latin America East Coast to North America, Central America and the Caribbean. The GRI will apply to both dry and reefer containers and will be effective from 5 May until further notice. Hapag-Lloyd noted the GRI has been set at US$400 per container. […]
CMA CGM implements peak season surcharges worldwide
French ocean carrier CMA CGM has announced new peak season surcharges globally, set to take effect in April and May. CMA CGM will apply a peak season surcharge (PSS) from Türkiye and Greece to Canada East Coast, Mexico East Coast, US East Coast, US West Coast & US Gulf and all inland destinations reached via […]
ONE announces new intra-Asia service
Ocean Network Express (ONE) has announced the launch of the new Thailand Vietnam East India 2 (TE2) service. This service is expected to enhance the existing SVX service, maintaining connectivity between the Straits area and East India while further strengthening direct transportation from Cat Lai and Laem Chabang to East India. With the introduction of […]