Shipping

  • Breakthrough COVID Case Suspends Royal Caribbean’...

    An apparent “breakthrough” case of COVID-19 forced the cancelation of a scheduled four-night cruise to nowhere from Hong Kong and after further follow up Chinese officials are now requesting that Royal Caribbean International suspend cruising for 21 days. Reports of a positive COVID test for a crew member appeared after the passengers had boarded the cruise and just two weeks after Royal Caribbean’s Spectrum of the Seas had begun sailing from Hong Kong.

     

  • Tallink Cruise Ferry Arrives in Scotland for...

    The first of two European ferries arrived in Glasgow, Scotland this week to prepare for the upcoming United Nations Climate Change Conference (COP26). The ferries, both owned by Tallink Group, are being used to address concerns over a lack of hotel space to accommodate the expected 30,000 delegates to the conference.

     

  • Chinese Shipyard Closes Due to Lack of...

    One of China’s mid-sized shipbuilders, Tianjin Xingang Ship Heavy Industry, announced that it will stop all operations as of the end of October. The disbanding of the company comes despite the recent resurgence in shipbuilding orders and China’s overall leadership in the industry.

     

  • Northern Lights JV Awards Contracts for Building...

    The vessels are designed to transport liquid CO2 with purpose-built pressurised cargo tanks. The primary fuel for the ships will be LNG, keeping emissions low. Other innovative technologies, such as a wind assisted propulsion system and air lubrication will be installed to reduce carbon intensity by around 34% compared to conventional systems. The ships are the first of its kind and will potentially set a new standard for CO2 shipping on coastal trading routes.

     

  • NYK Appoints Its First Indonesian Captain on LNG...

    Japan’s NYK Shipmanagement company appointed its first Indonesian seafarer as a captain of one of the company’s LNG carriers. The appointment is part of a program that NYK has been running since 2008 designed to develop Indonesian seafarers and a broader training program in operation since 2007 to develop deck and engine officers for NYK’s vessels.

     

  • Mexico joins the World Logistics Passport

    The Mexican Secretariat of the Economy (SE) has signed a Memorandum of Understand with the World Logistics Passport (WLP), establishing the SE as a co-ordinating partner in the country which became a WLP Hub earlier this year.

     

  • U.S. Retail Imports Remain High Despite Shipping...

    Imports at the nation’s largest retail container ports should remain at near-record levels this month but could see a slight dip from last year’s unusually high numbers as congestion slows the movement of backed-up cargo, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.

     

  • Korea Looks at Options to Speed KSOE-DSME Merger

    For the fifth time since announcing the plans to merge two of South Korea’s leading shipbuilders, Korean officials confirmed today that they have yet again agreed to delay the scheduled closing of the merger between Korea Shipbuilding Offshore Engineering Co. (KSOE) and Daewoo Shipbuilding Marine Engineering Co. (DSME). The Korea Development Bank which would sell its shares in DSME to Hyundai Heavy Industries agreed to an extension for the deadline to the end of 2021, while reports in Korea suggest efforts are underway to find alternatives to speed the completion of the transaction first announced in February 2019.

     

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Breakthrough COVID Case Suspends Royal Caribbean’s Hong Kong Cruises

An apparent “breakthrough” case of COVID-19 forced the cancelation of a scheduled four-night cruise to nowhere from Hong Kong and after further follow up Chinese officials are now requesting that Royal Caribbean International suspend cruising for 21 days. Reports of a positive COVID test for a crew member appeared after the passengers had boarded the cruise and just two weeks after Royal Caribbean’s Spectrum of the Seas had begun sailing from Hong Kong.

 
English

Chinese Shipyard Closes Due to Lack of Profitability

One of China’s mid-sized shipbuilders, Tianjin Xingang Ship Heavy Industry, announced that it will stop all operations as of the end of October. The disbanding of the company comes despite the recent resurgence in shipbuilding orders and China’s overall leadership in the industry.

 
English

Tallink Cruise Ferry Arrives in Scotland for COP26 Accommodations

The first of two European ferries arrived in Glasgow, Scotland this week to prepare for the upcoming United Nations Climate Change Conference (COP26). The ferries, both owned by Tallink Group, are being used to address concerns over a lack of hotel space to accommodate the expected 30,000 delegates to the conference.

 
English

NYK Appoints Its First Indonesian Captain on LNG Vessel

Japan’s NYK Shipmanagement company appointed its first Indonesian seafarer as a captain of one of the company’s LNG carriers. The appointment is part of a program that NYK has been running since 2008 designed to develop Indonesian seafarers and a broader training program in operation since 2007 to develop deck and engine officers for NYK’s vessels.

 
English

Northern Lights JV Awards Contracts for Building of Two Dedicated CO2 Carriers

The vessels are designed to transport liquid CO2 with purpose-built pressurised cargo tanks. The primary fuel for the ships will be LNG, keeping emissions low. Other innovative technologies, such as a wind assisted propulsion system and air lubrication will be installed to reduce carbon intensity by around 34% compared to conventional systems. The ships are the first of its kind and will potentially set a new standard for CO2 shipping on coastal trading routes.

 
English

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