Two of the world's top shipping companies, Maersk and Hapag-Lloyd, said on Thursday they did not see an immediate return to Red Sea after the ceasefire between Hamas and Israel was announced.Both companies said they would be closely monitoring the situation in the Middle East and would return to the Red Sea once it was safe to do so."The agreement has only just been reached.
Hapag-Lloyd's CEO said on Thursday he expects continued strength in container shipping volumes, which are driven by global demand for transporting goods and seen as a proxy for trade and a health barometer for the world economy.The volume of twenty-foot equivalent (TEU) containers moved by its 292 ships rose to 9.3 million metric tons in the nine months from January to September, up 5% from 8.
Shipbuilding in the United States has seen a heightened profile with increased attention from Congress and the Trump 2.0 Administration. The ongoing dialogue regarding reinvigorating the U.S. deep sea fleet has brought mainstream attention to vessel construction, which has been nearly absent in recent years.
Germany is expanding its natural gas import options to replace Russian supply, a drive intensified by the latest suspension of Russian flows via Ukraine and U.S. President Donald Trump targeting Europe with liquefied natural gas exports.Plans also include shore-based regasification terminals and facilities to import and produce ammonia and green hydrogen under decarbonization strategies.
Bisso Towboat Co., Inc. officially christened the M/V Mr. Brian on December 5, 2024, on the Mississippi River while docked at Woldenburg Riverfront Park at the Audubon Aquarium of the Americas.The Mr. Brian is a 100’ x 38’ x 13.5’ ASD Tractor Tugboat and was officially christened with a bottle breaking at 5:00 pm followed by a reception at the Audubon Aquarium - River Terrace Room.The Mr.
The global ship order book, representing 18% of the world fleet, is expected to increase, but within plausible levels, the head of German container liner Hapag-Lloyd told analysts on Wednesday."I expect the 18%, which as such is not worrying, to nudge up a bit, but delivery windows are long and so it does not have to be a problem," said Rolf Habben Jansen, CEO of the company
Container shipping liner Hapag-Lloyd will be able to cope with the advent of U.S. tariffs on Chinese products, its chief executive told reporters on Tuesday."It is too early to push the panic button," CEO Rolf Habben Jansen said in the remarks published on Wednesday, when additional 10% tariffs kicked in, and made before U.S.
Norwegian shipping firm Hoegh Evi expects to take a final investment decision (FID) this year on an ammonia-derived hydrogen project to deliver clean fuel into dedicated German grids, chief executive Erik Nyheim said.The company operates three of its nine floating storage and regasification units (FSRU) for LNG along the German coast
Deutsche Energy Terminal (DET) said on Thursday that Germany's Wilhelmshaven liquefied natural gas terminal intends to market capacity for ships to discharge LNG in May 2025, adding that there would be limited slots available in the first quarter there and at another location.DET has been commissioned by Berlin since the height of Europe's energy crisis in 2022 to market regasification of gas
Container shipping firm Hapag-Lloyd and sector peer Maersk expect to open bookings in two weeks for their new Gemini cooperation starting in Feb. 2025, Hapag chief executive Rolf Habben Jansen said in a call with analysts on Thursday."We will take bookings in early December and have 10 weeks to go for start of operations," he said on a presentation for nine-months earnings.
Mobile, Ala. shipbuilder Austal USA launched USNS Point Loma (EPF 15), the U.S. Navy’s 15th Expeditionary Fast Transport (EPF).The ship was christened in the beginning of August and is now docked pier side for final outfitting and system activation in preparation for sea trials later this year.