Ocean container carriers are desperately trying to push spot freight rates up in early November to halt the market decline and strengthen their hand during negotiations with European shippers for new long-term contracts.Latest data from Xeneta’s…
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Israel Can’t Hide from Houthi Attacks by Selling Ships
Yemen's Houthis said on Sunday they would maintain their maritime blockade against Israeli vessels in response to "intelligence information" regarding Israeli shipping companies selling their assets to other companies.The Iran-aligned Houthis have said...
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St. Johns Wins USACE Barge Contract
St. Johns Ship Building this week announced a deal with the U.S. Army Corps of Engineers (USACE) to construct two (2) 140' x 32' x 7' Stop Log Barges. The contract is St. Johns Ship Building’s first new construction project for the U.S. Government.“The...
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Blakeley BoatWorks Delivers Pushboat to Cooper Marine
Mobile, AL-based Blakeley BoatWorks has announced the completion and delivery of Hull 107, formally named M/V Claire Ellen, to Cooper Marine’s Louisiana operations.Designed by Farrell and Norton and built by Blakeley BoatWorks, the 70-foot long…
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Longshore Troubles Impact Canada Ports
Unionized workers started an unlimited strike at two terminals of the port of Montreal on Thursday amid stalled talks on a new labor contract, the employers' association said. The strike affects two terminals operated by Termont, which handle…
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ACL Order Book Swells to 10
American Cruise Lines (ACL) today announced signed contracts with Chesapeake Shipbuilding for 4 more new ships, bringing the Line’s total orderbook with Chesapeake to 10 ships over the next 3 years. The newbuilds will serve the fast growing U.S. cruise...
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Russia-China Military Ops in Arctic Flash ‘Concerning Signals’
The United States is watching growing cooperation between Russia and China in the Arctic closely and some of their recent military collaboration in the region sends "concerning signals", the U.S. Arctic ambassador said.Russia and China have…
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Fincantieri Open to Collaboration with Thyssenkrupp Marine Arm
Fincantieri is open to all types of collaboration with the warship division of conglomerate Thyssenkrupp, but it is up to Germany to decide on a strategy for the unit, the CEO of the Italian shipbuilder said this week."Now is time for German…
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The Baltimore Bridge Incident Challenges the Future of Maritime Law
On March 26, 2024, the Dali container ship crashed into Baltimore's Francis Scott Key Bridge, resulting in the loss of six lives. In June, the federal government announced that it had spent approximately $100 million to remove the wreckage and reopen t...
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DOF Group Completes Acquisition of Maersk Supply Service
Norwegian offshore supply vessel company DOF Group has concluded the acquisition of Denmark-based Maersk Supply Service, which will be renamed to DOF Denmark.The combined company is expected to become one of the leading offshore service provider…
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