Air Cargo News Awards finalists revealed!
Air Cargo News is delighted to reveal the finalists for this year’s Air Cargo News Awards. The team of 10 independent judges analysed more than 70 entries across nine awards to narrow down a shortlist of 38 companies. The winners will be honoured by Air Cargo News and the wider air cargo industry at an exclusive […]
Saipem scores subsea intervention services deal for Libya – Italy pipeline
Italian offshore engineering and construction giant Saipem has been awarded a contract for supervision and subsea intervention services of the GreenStream pipeline between the Mellitah terminal in Libya and Gela in Italy. The new contract, awarded by midstream player GreenStream BV, merges the activities that Saipem has been undertaking for GreenStream since 2008 regarding asset […]
BIC and SMDG sign MoU to improve global shipping standards
The Bureau International des Containers (BIC) and the Ship Message Design Group (SMDG) have signed a Memorandum of Understanding (MoU) to formalize their collaboration on a new Global Container Geofence Library. The agreement was signed on 8 July at the Palais des Nations, the United Nations Office in Geneva, Switzerland. The MoU cements the new […]
Container volumes increase at Port of Antwerp-Bruges in 2024
Port of Antwerp-Bruges has handled 6.6 million TEUs in the first six months of the year, representing a 4.1% increase compared to the same period last year. At the same time, the total throughput of the Belgian port was 143.2 million tonnes in the first half of 2024, a growth of 3% compared to the […]
Rem Offshore returns to Vard for third CSOV newbuild
Norwegian offshore vessel player Rem Offshore has returned to fellow shipbuilder Vard for another offshore wind commissioning service operation vessel newbuild. The VARD 4 19 design vessel, developed by Vard Design in Ålesund, will be the third CSOV unit delivered by the Fincantieri-controlled yard after the Rem Power and the Rem Wind in 2023 and […]
Port of Barcelona opens first OPS system at Hutchison Ports BEST terminal
The Port of Barcelona opened its first Onshore Power Supply system (OPS) at Hutchison Ports BEST container terminal. This equipment, which is the first in a container terminal in a Mediterranean port, makes it possible to supply ships with 100% renewable-origin electricity so that they can turn off their engines whilst in the Port of […]
CMA CGM taps Google to develop AI solutions
French liner CMA CGM has signed a global partnership agreement with Google to accelerate artificial intelligence (AI) adoption across its operations. “This collaboration aligns with our digital roadmap and investments. Together with Google, we will lead the digital revolution in shipping, logistics and media, optimise our processes, and enhance our competitive edge,” commented Rudolph Saade, […]
Lidl’s shipping line swells fleet
Tailwind Shipping Lines, founded two years ago by German supermarket chain Lidl to battle covid-related shipping chaos, has grown its fleet to nine ships, and now operates three services designed to bring goods from Asia to Europe. In a market update to celebrate its second anniversary, the Hamburg-based shipping line revealed it now has nine […]
VLCC rates under pressure as Saudi Arabia slashes exports
New data from Vortexa shows VLCC utilisation for OPEC+ – excluding Iran and Venezuela – fell sharply during June and reached a record low earlier this month, as exports from the group, especially Saudi Arabia, fell sharply. “The lack of sizeable alternative routes for VLCC flows, i.e. outside of OPEC+ (mostly Middle East) to Asia, […]
FMC designates Anji Shipping a controlled carrier
The Federal Maritime Commission (FMC) has classified car carrier operator Anji Shipping. as a controlled carrier of the People’s Republic of China and has added it to the commission’s controlled carrier list. Controlled carriers are ocean common carriers operating in the US-foreign trades that are, or whose operating assets are, directly or indirectly owned or controlled […]