CN Magazine | June Issue Out Now!
This month’s issue brings you everything you need to stay ahead in the world of container shipping, logistics, and ports. Here’s what’s inside: A full briefing of last month’s top developments in the industry An exclusive interview with Carlos Lopez Barbera Key stock highlights and market movements Coverage of all the major events shaping the […]
Can America reclaim its shipbuilding edge in fragmented global market?
The global shipbuilding industry is entering a decade of robust growth, projected to surge from US$42 billion in 2024 to more than US$73 billion by 2033, driven by container fleet expansion, shipping digitalization, and new decarbonization practices. Yet while East Asia dominates the industry, the United States is repositioning itself to play a more assertive […]
Oceaneering scores Gulf of Mexico vessel contract
Houston-based oilfield services provider Oceaneering has, through its offshore projects group (OPG), secured a vessel services contract with an undisclosed major operator in the Gulf of Mexico. The agreement will see the US-flagged 2013-built multipurpose vessel (MPSV) Harvey Deep Sea deployed to carry out subsea inspection, maintenance, and repair (IMR) and installation services. The MPSV, […]
Electric charging station powers emission-free construction of Princess Alexia Viaduct at Rotterdam port
A dedicated electric charging station has been installed to power a fleet of emission-free construction machinery during the building of the Princess Alexia Viaduct on Maasvlakte 2. The viaduct project includes the construction of a fully electrified construction site, complete with fast chargers, a Stedin-connected transformer station, and a wide range of battery-powered equipment, including […]
Salvors work on Wan Hai ship amid fears of more blasts
The Indian Coast Guard has said it is trying to tow the Wan Hai 503 away from the Indian coast to avoid an ecological disaster, as the ship burns for the fourth day. The coast guard is concerned about further explosions on the ship, which has more than 2,000 tonnes of fuel oil and hundreds […]
ShibataFenderTeam Group inaugurates manufacturing facility in Valencia
ShibataFenderTeam Group has officially opened its fourth global manufacturing facility, located in Valencia, Spain, expanding its production capabilities to better serve the growing demand across Spain, the Mediterranean, and the wider EMEA region. With a total investment of around US$8 million, the new plant will double production capacity for foam fenders and steel structures, enhancing […]
Chartwell Marine designs CTV to support legacy offshore wind turbines
NR Marine Services has commissioned UK-based ship designer Chartwell Marine to design a new CTV, which will be capable of supporting older generation assets, now referred to as legacy turbines. These vessels will still be constructed and outfitted with modern technologies to maximise vessel fuel efficiency and comfort. The so-called Defiant class vessel is a […]
Upward trend in bunker indices
At the end of the 24th week of the year, the global bunker indices published by Marine Bunker Exchange (MABUX) continued their moderate upward trend. The 380 HSFO index rose by US$1.80 to US$467.81/MT. The VLSFO index increased by US$1.18, reaching US$542.08/MT. The MGO index saw a larger gain, reaching US$729.67/MT. “At the time of […]
Maersk applies new Gabon surcharge
Danish ocean carrier Maersk is introducing a peak season surcharge (PSS) on shipments from Gabon to Africa, Europe, Middle East, Far East and Central America. Effective from 15 July, the following surcharge will apply to both dry and reefer containers: Origin Destination 20DRY 40DRY 40HDRY 20 REEF / 40HREF Gabon China, Ivory Coast, Cameroon, Spain, […]
Port of Ventspils receives first electric crane
Stena Line Ports Ventspils JSC has officially taken delivery of its first electric Konecranes Gottwald ESP.7 Mobile Harbor Crane. The new machine marks a major step forward in its strategy to modernize operations and reduce emissions at the Port of Ventspils, a vital Baltic trade hub linking the Nordics and Central Europe. Ordered in mid-2024 […]