Fast-growing energy demand is driving the need for technical support and guidance in new locations, writes Terrance Roberts, Manager, Global Business Development, ABS.Surging appetite for natural gas is accelerating the development of global and regional supply chains, with established producers seeking new markets and emerging suppliers looking to meet demand from local consumers.
CMA CGM Group has announced a $20 billion investment to contribute to U.S. maritime economy and support the transformation of America’s domestic supply chain over the next four years.The announcement builds on CMA CGM Group’s 35-year presence in the U.S. Today, the Group operates in 40 states and employs 15,000 Americans. As a leading partner in U.S.
U.S. proposals to hit Chinese vessels with high port fees would have a major impact on all firms in a container shipping industry in which most vessels are built in China, French-based shipping firm CMA CGM said on Friday.The U.S. Trade Representative's office has proposed charging up to $1.5 million for Chinese-built vessels entering U.S.
Hapag-Lloyd customers have cancelled 30% of shipments to the United States from China, spooked by the trade conflict between the world's two largest economies, a spokesperson for the German container shipping group told Reuters on Wednesday.Instead, there has been a "massive increase" in demand for consignments from Thailand, Cambodia and Vietnam, the spokesperson added.
Singaporean aluminum boat builder Strategic Marine has delivered another fast crew boat (FCB) to Truth Maritime Services (TMS) in Thailand.Following the successful handover of the first two Gen 4 FCBs, TMS RANOD and TMS RAMAN, in 2024, these vessels have been operating efficiently and meeting the needs of TMS’s clients.
Malaysia-based offshore services firm Sapura Energy, through its Offshore Support Vessel & Geosciences business, has secured multiple vessel contracts in Malaysia and Thailand, worth around $22.6 million.The newly secured contract will keep Sapura Energy’s accommodation workboats and geosurvey vessels engaged for an extended period during the financial year 2026.
Aesen, in partnership with its Thailand joint venture Uniwise Offshore, marked a milestone in offshore boat innovation with the keel laying of the WIND Flyer Trimaran Fast Crew Boat. This event, held at Marsun Public Company Limited, represents the commencement of a next-generation vessel that it says will redefine offshore crew transport.
Resorts World Cruises announced the return of two iconic Asian cruise brands – StarCruises and Dream Cruises. The Resorts World Cruises brand was used temporarily to restart cruising in Asia post-Covid and will be reverting to its roots over the last 30 years. The brand transition period will take approximately three months with the renewed ambition to reinforce StarCruises and Dream Cruises as
Mitsui O.S.K. Lines (MOL) has signed a long-term charter contract for three newbuilding very large ethane carriers (VLECs) with SCG Chemicals, a wholly owned subsidiary of Thailand's Siam Cement Group (SCG).The 100,000 m3 VLECs, spanning 230 meters in lengths and with breadths of 36.6 meters, will be built at Samsung Heavy Industries, and are scheduled for delivery in 2027.
Traders diverted at least six cargoes of liquefied natural gas that were on course for Asia to Europe earlier this month, drawn by higher European prices and amid weak Asian demand, according to analysts and shipping data.The diverted cargoes could help meet additional European demand as countries seek to replace piped Russian gas after the Ukraine transit deal expired on Jan.
The Johns Hopkins Applied Physics Laboratory (APL) in Laurel, Maryland, and the U.S. Coast Guard Research and Development Center (RDC) in New London, Connecticut, have signed a comprehensive memorandum of understanding (MOU) to team up on addressing critical technology challenges in national defense and maritime security.
Newport Shipping announced a strategic partnership with Unithai Shipyard and Engineering in Thailand. Unithai Shipyard and Engineering is known for its advanced facilities and technical capabilities, including:Land area 688,000 m2Unithai 2 191 x 34.4 m Up to 50,000 DWTUnithai 3 300 x 49.