InterManager Elects von Hardenberg As President
InterManager, the international association for the ship management sector, has elected Sebastian von Hardenberg as President.Sebastian is CEO of Bernhard Schulte Shipmanagement (BSM) and was elected by members of InterManager’s Executive Committee during the association’s Annual General Meeting in London this week.An experienced negotiator, he has lobbied on behalf of InterManager members and the…
Lake Victoria's First Ro/Ro Vessel Sets Sail
East Africa Marine Transport has taken a significant step towards creating a more sustainable and efficient logistics solution for Lake Victoria with the commissioning of M.V. MPUNGU, the lake’s first scheduled roll-on / roll-off freight vessel.Offering faster and safer crossings and reduced carbon emissions, the fuel-efficient vessel is set to transform regional trade by cutting journey times from…
McQuilling Weighs in on 2025-2029 Tanker Outlook
McQuilling Services announced the release of its 28th anniversary edition, 2025-2029 Tanker Market Outlook.This 183-page report provides a detailed analysis of oil fundamentals, global economic and geopolitical context in addition to tanker demand and supply projections across eight vessel classes. The interaction of tanker demand and vessel supply variables is processed using advanced quantitative…
Baltic Index snaps 13-day losing streak
The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, snapped a thirteen-day losing streak on Friday, supported by strong rates across the capesize and panamax vessel segments.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, gained 20 points to 735 points, recording gains for the first time since Jan. 13. The contract was down 8.1% this week.The capesize index gained 33 points to 874 points.
Xeneta: Ocean Box Rates to Fall Again in February
Middle East ceasefire and Lunar New Year will see ocean container freight rates fall further in February - with carriers now taking action to slow the market decline.Latest data from Xeneta – an ocean and air freight intelligence platform – shows average spot rates from the Far East stand at USD 3 795 per FEU (40ft container) into North Europe and USD 5 085 per FEU into the Mediterranean – down 22%…
Port of Oakland records 2.26 million TEUs in 2024
The Port of Oakland experienced a solid 2024, processing 2.26 million TEUs (twenty-foot containers), representing a 9.5% increase over 2023.The 2024 cargo data reflects a long-term growth trend in consumer spending in the San Francisco Bay Area and in the rest of the country.“Consumer demand has remained resilient, driving higher import volumes through the Port,” said Port of Oakland Maritime Director Bryan Brandes.
Norwegian Police Boards Second Ship in Baltic Sea Cable Damage Probe
Norwegian police said on Friday they had seized and boarded a Norwegian ship with an all-Russian crew on suspicion of involvement in causing damage to a telecoms cable in the Baltic Sea, the second vessel to be named by investigators in the case.The Silver Dania cargo ship was seized at the request of Latvian authorities, and with the help of Norway's coast guard, police in the northern Norwegian city…
Germany: Heinrich Rönner and Lürssen Place Their Bids for FSG and Nobiskrug Shipyards
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, said they would accept the offers in the week following the official opening of insolvency proceedings.Lürssen…
Cadeler Takes Delivery of Its Sixth Wind Turbine Installation Vessel
Danish offshore wind installation firm Cadeler has taken delivery its new wind turbine installation vessel (WTIV) Wind Maker, the first of the two planned M-class vessels to join its growing fleet.Wind Maker was officially named at a naming ceremony at the Hanwha Ocean Shipyard in Korea, where the vessel was built.The ceremony, attended by Cadeler executives and key stakeholders, honored the collaborative efforts behind the making of the great vessel.
DEME Finds Work at Nordlicht Offshore Wind Cluster in Germany
DEME has secured two contracts, valued at over $300 million, for the transport and installation of 112 foundations at the Nordlicht 1 and 2 offshore wind farms in Germany, as well as providing scour protection for the projects.DEME will install 68 foundations and scour protection at Nordlicht 1 in 2026, followed by 44 foundations and scour protection at Nordlicht 2 in the following year.Several vessels will be deployed including DEME’s offshore installation vessel Orion…
MAN’s Full-Scale Ammonia Engine Runs at 100% Load
MAN Energy Solutions has reported that its ME-LGIA (Liquid Gas Injection Ammonia) engine, currently undergoing testing at its Research Centre Copenhagen facility, has run at 100% engine load for the first time.Ole Pyndt Hansen, Head of Two-Stroke Research & Development, MAN Energy Solutions, said: “We began full-scale testing in November 2024 and have since proceeded in a cautious and safety-first way.
Wind Propulsion Could Avert Premature Scrapping Crisis
A new report from the UCL Energy Institute has highlighted the looming risk of maritime asset stranding, stating that a rapid energy transition could “lead to ‘premature scrapping’ of over a third of the fleet, valued at over $400 billion, unless they undergo costly retrofits to remain competitive in the wake of new GHG policies and wider energy transition.”The report reveals that existing vessels…
Fifty Countries to Participate in Pakistan’s 2025 Naval Exercise and Dialogue
Pakistan is conducting its ninth AMAN naval exercise and dialogue from February 7-11, 2025, with participants from 50 countries. The aim of AMAN is to promote regional cooperation and stability, greater interoperability and to display a united resolve against terrorism and crimes in the maritime domain, including piracy.The AMAN exercise highlights Pakistan’s naval diplomacy efforts by bringing together naval forces from Gulf Cooperation Council (GCC)…
The Technology Pathways that Lead to Fuel Cells
In an article by Rhonda Moniz published this week on MarineLink, Siemens sales executive Ed Schwarz noted the flexibility provided by an electric distribution “backbone” that enables ferry operators to add more batteries, switch to new fuels or become 100% emission free with fuel cells.A string of deliveries reported this week demonstrate that steps are being taken along this pathway for a range of…
Germany's Mosel River set to reopen after lock repairs
The Mosel river in western Germany could reopen to cargo shipping later this week as repairs to a damaged lock are making fast progress, navigation authorities said on Monday.The river, an important transit route for grains and rapeseed between Germany and France, was closed to inland waterways shipping in December after an accident which damaged a lock at Mueden south of Koblenz.New lock gates have…
HII Names Murphy as VP at Newport News Shipbuilding
HII announced today that Derek Murphy has been promoted to vice president of new construction aircraft carriers at its Newport News Shipbuilding division.In his new role, Murphy will have responsibility for all new construction aircraft carriers in production at the shipyard, including John F. Kennedy (CVN 79), Enterprise (CVN 80) and Doris Miller (CVN 81).“Derek brings extensive experience from his time in the Navy and both HII shipyards to his new role,” NNS President Kari Wilkinson said.
Germany builds up LNG import terminals
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. A synopsis…
Rubio's LatAm, Panama Trip to Prioritize 'America First'
When Marco Rubio arrives in Latin America this weekend on his first foreign trip as Donald Trump's secretary of state, he'll find a region reeling from the new administration's shock-and-awe approach to diplomacy.In the first days of Trump's second term, the new president has doubled down on his intention to reclaim the Panama Canal, angered Brazilians by returning migrants in shackles and briefly…
Baltic Index Falls Again as Capesize, Supramax disappoint
The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, extended losses for the thirteenth straight session on Thursday, pressured by a dip in rates across capesize and supramax segments.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, dropped 11 points to 715 points, hitting its lowest in 23 months.The capesize index slipped 35 points to 841 points…
NOAA Guides Easier Hudson River Navigation
Real-time data on coastal conditions will support improved maritime navigation in New York.Navigating New York waterways just got a bit easier. NOAA and the New York State Department of Environmental Conservation announced the establishment of the Hudson River Estuary Physical Oceanographic Real-time System (PORTS). The system delivers real-time oceanographic and meteorological observations that can improve maritime safety and inform coastal resource management in the region.
