News - Wed, 15 Mar 2023
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Welcome aboard! Here are the some of latest happenings and insights from the world of shipping, logistics, and ports. So grab your favorite brew, settle in, and let's set sail on this voyage of discovery!
1.Shipping lines refusing to cut capacity in price war - from www. container-news.com
Container freight rates are still falling, while charter rates are holding up, suggesting that liner operators are chasing market share, even if it means a price war. [Read More]
2. All American Marine Delivers Innovative Offshore Wind Survey Vessel for NV5-Geodynamics - from www.allamericanmarine.com
All American Marine?(AAM) together with?Geodynamics, an NV5 company, are proud to announce the delivery of a cutting-edge research and hydrographic survey vessel that will service the growing offshore wind market as well as accomplish many other scientific survey missions. [Read More]
3. Fewer Containerships in U.S. Waters Reveals Trade Slowdown - from https://gcaptain.com
The number of container ships in US coastal waters has fallen to less than half of the count a year earlier, in the latest ominous sign of slowing global trade. [Read More]
4. Mallorca brings in new limits on cruise ships allowed to dock in 2023 and 2024 - from www.dailyrecord.co.uk
Tourism bosses in?Mallorca?have introduced new limits on how many cruise ships are allowed to arrive per day in 2023 and 2024. The new rules mean that no more than three ships will be permitted to dock at Palma, the island's capital. [Read More]
5. China’s ‘AI Ship Designer’ Works At Unprecedented Speed; Performed A Year’s Work Only In 24 Hours! - from www.eurasiantimes.com
A team of Chinese researchers funded by China’s People’s Liberation Army (PLA) recently claimed to have used artificial intelligence (AI) to design an electrical layout of a warship with 100 percent accuracy and at an unprecedented speed. [Read More]
6. Key Legal Issues for the development of the Blue Economy - from www.aquariuslawyers.com.au
The “blue economy” refers to the sustainable use of ocean resources for economic growth, improved livelihoods, and jobs, while preserving the health of ocean ecosystems. [Read More]
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7. US Retailers' Ocean Shipping Price Woes Ending as New Delays Threaten - from www.marinelink.com
Collapsing ocean shipping rates are not all good news for U.S. retailers, who paid as much as $20,000 to move a container of goods during the worst pandemic disruptions, as they now are bracing for delays due to plummeting demand. [Read More]
8. Cargill Testing New Sail Technology for Cargo Ships to Cut Emissions - from www.marinelink.com
Cargill, one of the world's biggest ship charterers, is stepping up a push to resurrect wind power for cargo ships as the agricultural commodities group moves to cut emissions from its chartered fleet, a top executive said. [Read More]
9. Anglo-Eastern Installs Starlink Internet Service on First of More Than 200 Managed Ships - from www.gcaptain.com
Hong Kong-based ship manager Anglo-Eastern says it has rolled out SpaceX’s Starlink broadband internet service on an initial dozen vessels with more than 200 planned installations within the year. [Read More]
10. Icop wins Trieste Marine Terminal construction contract - from www.portseurope.com
Trieste, Italy (PortSEurope) March 9, 2023 – Icop has won the contract for the executive design and the execution of all the works of the first section of the 100-metre extension (141 meters wide) of Molo VII (pier 7). Icop is among the main European operators in foundations and microtunnels.?[Read More]
11. Stanlow Terminals plans for green ammonia facility in Liverpool - from www.porttechnology.org
Stanlow Terminals has announced plans to develop a new open access import terminal for green ammonia in the Port of Liverpool. [Read More]
12. First Automated High-Bay Storage System to be Installed at Korean Port - from www.maritime-executive.com
The first commercial installation of an automated high-bay storage system for containers is planned at the Busan New Port in South Korea. [Read More]