Recent hostilities in the Red Sea have thrown global shippers of vital goods for a loop - but it is hardly the only issue that big carriers are facing as 2024 kicks off.Giants like Maersk say the industry, which handles 90% of global trade, faces the possibility of significant disruptions, from ongoing wars to droughts affecting key routes like the Panama Canal.
The first US-built trawler-processor for Alaskan pollock in over three decades is now undergoing sea trials in the Northern Pacific, testing an integrated technology package from Kongsberg Discovery tailored to locate, inspect, and engage fish with unparalleled efficiency.The 100-meter-long Arctic Fjord, designed by Kongsberg Maritime and built by Louisiana’s Thoma-Sea Marine Constructor
Altera Infrastructure has been awarded contracts for the redeployment of the FPSO Voyageur Spirit and the shuttle tanker Nordic Brasilia for the Baleine Phase 2 project, located offshore Ivory Coast.The vessels are set for deployment on the Baleine field with a 15-year firm contract.
Singapore’s Majestic Fast Ferry Pte Ltd has commissioned Incat Crowther to design a new second generation 39-m passenger ferry as the basis of its future fleet. Incat Crowther’s range with PT Cahaya Samudra covers four vessels lengths; 29-, 32-, 39- and 42-m. Eleven of Majestic’s first-generation Incat Crowther / PT Cahaya Samudra vessels have been sold to operators in Europe, Asia
Crowley announced it will pilot carbon capture technology on board one of its containerships under the U.S. Maritime Administration (MARAD) Maritime Environmental and Technical Assistance (META) program.The Jacksonville, Fla. based shipping company said it has reached an agreement with Sana Monica, Calif.
Australia and Indonesia have completed a coordinated international maritime security operation to detect, deter and combat illegal activities at sea.Between May 8 and 17, Australian and Indonesian agencies undertook Operation GANNET within the Timor Sea Area of Operations, which includes waters around Ashmore Island.
As U.S. shale oil boomed last decade, an oil pipeline company pitched an ambitious multi-billion-dollar export port off the Texas coast to ship domestic crude to buyers in Europe and Asia.In April, Enterprise Products Partners' SPOT became the first project to receive a license from the U.S.
Toymaker Basic Fun's team that oversees ocean shipments of Tonka trucks and Care Bears for Walmart and other retailers is racing to reroute cargo away from the Suez Canal following militant attacks on vessels in the Red Sea.Suppliers for the likes of IKEA, Home Depot, Amazon and retailers around the world are doing the same as businesses grapple with the biggest shipping upheaval since the
Crowley and Teamsters Union Local 901 have reached a new labor agreement to extend their longtime partnership into its sixth decade serving the shipping and logistics needs of Puerto Rico.The agreement, recently ratified by union members, covers the 200 employees who work at Crowley’s Isla Grande Terminal in San Juan until 2029.
Navico Group, a division of Brunswick Corporation, announced a multimillion-dollar investment in its Lowell, Mich. facility to create two Centers of Excellence in metal fabrication and electrification. The investment is intended to increase quality, capacity and efficiency, as well as improve product manufacturing capabilities, the company said.