We are at the one-year since the Francis Scott Key (FSK) Bridge collapsed over the Patapsco River’s Fort McHenry Channel in Baltimore, Maryland. Nearly 100 percent of the wreckage and debris removal was conducted by the Jones Act private sector U.S. maritime industry. The FSK collapsed at about 1:28 a.m.
The future of the two insolvent German shipyards, Flensburger Schiffbau-Gesellschaft (FSG) and Nobiskrug, looks brighter as Lürssen Group moves to place a formal bid to take over the facilities of the Nobiskrug shipyard, while Heinrich Rönner Group agrees to buy the FSG.The insolvency administrators, Christoph Morgen of Brinkmann & Partner and Hendrik Gittermann of REIMER
In the ever-evolving world of maritime trade, ship ownership is a key indicator of economic influence and global commerce. As we enter 2025, Veson Nautical offers its Top 10 Ship Owning Nations, offering a detailed analysis of fleet values and industry shifts. This year, China has surged to the top, overtaking Japan in total fleet value
The prices for newbuild vessels have risen to their highest level in 16 years, according to latest figures from shipping association BIMCO.“Since the start of the year, newbuilding prices have risen 3% to their highest level since 2008. Compared to their most recent low in late 2020 they are up 53%.
Wallenius Wilhelmsen, the world’s largest RoRo vessel operator, has renewed a shipping contract with a European based automotive manufacturer, lasting five years.The contract has an estimated value of $380 million over the contract period.The new five-year contract lasts starts on April 1, 2025, with the rates are in line with current market levels, according to the company.
Mitsubishi Shipbuilding, a part of Mitsubishi Heavy Industries (MHI) Group, has received additional orders for three methanol-fueled roll-on/roll-off (RoRo) cargo ships from Toyofuji Shipping, Miyazaki Sangyo Kaiun, and Nichitoku Kisen.The three ships will be built at the Enoura Plant of MHI's Shimonoseki Shipyard & Machinery Works in Yamaguchi Prefecture
Concordia Damen won a contract by Koninklijke Van der Wees Transporten for the construction and delivery of an innovative RoRo pontoon, to be named Lastdrager 29. In addition, the Werkendam-based shipyard will build two coupling pontoons for Van der Wees. The Lastdrager 29 was developed to meet the unique transport challenges faced by Van der Wees
Swedish shipping company WALLENIUS SOL has acquired British Mann Lines, expanding its customer base, service offerings and presence in key markets.WALLENIUS SOL, based in the Bay of Bothnia, has acquired Mann Lines, a provider of liner RoRo and container vessel services, logistics and forwarding.
Danish shipping company DFDS is launching a weekly freight service connecting Spain and the Netherlands, aimed at serving the needs of industrial customers, freight forwarders and project cargo owners.In connection with the new route, DFDS and Hydro, a global aluminium and energy company, have signed an agreement for weekly shipment of aluminium.
A key consideration in planning for the future of offshore wind is designing and delivering the maritime assets that are 'future-proof', able to scale with the growing size of offshore wind pieces and components.A collaboration between Concordia Damen, Amasus, deugro Danmark, Siemens Gamesa, and DEKC Maritime aims to do exactly that
Stena RoRo announced it has ordered another two E-Flexer RoPax vessels from the Chinese shipyard CMI Jinling (Weihai), for delivery in 2027.This is Stena RoRo's fourteenth and fifteenth vessel in the E-Flexer series.The two vessels will enter service under long-term charter to Greek shipping company Attica Group for operations in the Adriatic Sea.
Mitsubishi Shipbuilding, part of Mitsubishi Heavy Industries (MHI) Group, has held a christening and launch ceremony for the Trans Harmony Green, the first of two LNG-powered roll-on/roll-off (RoRo) ships built for Toyofuji Shipping.The ceremony took place at the Enoura Plant of MHI's Shimonoseki Shipyard & Machinery Works in Yamaguchi Prefecture.