Mount Bunkering (a wholly owned subsidiary of the ASP Ships Group) is pleased to announce the arrival of the bunker tanker MT KORIMAKO in Tauranga.
The cruise industry is expressing its ongoing frustration at the uncertainties and lack of clear guidance which is delaying the resumption of service from U.S. ports. While other countries, including the U.K. and now Germany, have given clear guidance to restart cruises, and lines are moving forward with more programs from the Caribbean and European ports, political and industry leaders continue to call for efforts to clear the way for cruises to start sailing from U.S. ports.
As the next phase of its National Shipbuilding Strategy, the Government of Canada announced plans to move forward with the construction of two Polar icebreakers. Citing the growth in commercial shipping, the serious impacts of climate change, and increased maritime activity in the arctic, the government said it is critical for Canada’s protection and security to proceed with the project. As part of the broader strategy, they also promoted that it will provide employment and ensure the strength of Canada’s shipbuilding industry.
As part of the general effort to re-open America and provide updated guidance reflecting the evolution of the pandemic, the U.S. Centers for Disease Control and Prevention (CDC) has issued its final two stages of guidance on the steps required to restart cruises from U.S. ports. In a long and detailed process, the CDC mapped out stricter restrictions than are being placed on onshore businesses, but it provided a clear path for cruises to resume from U.S. ports as early as July 2021.
German shipbuilding association VSM is warning of the risk of an "irreversible loss" of skill in the country's powerhouse marine equipment and shipyard sectors due to distortions in international competition. Without government intervention at the national and EU level, warned VSM, Germany's yards run the risk of significant decline over the next decade.
As the first step to restring cruise operations for the summer of 2021 in the Mediterranean, two large ships returned to service on May 1 sailing from Italy. Carnival Corporation’s Costa Cruises returned to service for the first time in 2021, while MSC Cruises started sailing a second large cruise ship.
After weeks of criticism, the U.S. Centers for Disease Control and Prevention (CDC) issued a letter to the cruise industry on April 28 reiterating its commitment for the resumption of cruises from U.S. ports by mid-summer. The four-page letter responds to many of the issues raised by the cruise lines and for the first time provided detailed guidance as well as a new alternative to speed the resumption of U.S.-based cruises. Industry executives responded positively while cautioning that they were still reviewing the details.
French shipping company CMA CGM Group joined the wave of new containership orders placing a giant 22 ship order with China’s CSSC Group. China Shipbuilding Corporation is heralding it as the largest single containership order the company has undertaken.
In shipping there have been clear winners and loser in the global war against the Covid-19 pandemic. In the latter camp sit cruise ships and to some extent tankers, who have seen earnings spike from storage demands only to fall back as international oil demand waned.
The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, gained on Wednesday to its highest since September 2010, as demand strengthened across vessel segments.
China’s shipbuilders have experienced an exceptional start to the year, with new orders up by more than 180 percent for the first four months of 2021.
The Mein Schiff 1 cruise ship has kicked off the cruise season at Ports of Stockholm. Despite the pandemic, Stockholm is still a top choice destination as cruise organisers slowly but surely start up voyages again, not least because the ships can call at quays located in the heart of the beautiful city of Stockholm.
Carnival Corporation received notification from the U.S. Centers for Disease Control & Prevention that it has accepted the company’s agreements with PortMiami, the Port of Galveston, and Port Canaveral as a key step in the restart of cruise operations for Carnival Cruise Line. The CDC’s approval for Carnival comes in the same week the health agency also approved Celebrity Cruises to become the first large ship cruise line to restart cruises from a U.S. port and approved Royal Caribbean International’s plan for a simulated cruise.
Total orders of dry bulk, tanker and container ships in the first five months of the year have jumped 119.7% compared with the same period in 2020, primarily driven by record high container ship contracting, as investors in this segment find themselves flush with cash.
The first-in-class carrier USS Gerald R. Ford is ramping up towards a series of shock trials designed to test her systems for resilience and survivability in combat. The U.S. Navy carries out the dramatic experiments - typically conducted as a set of three explosive "shots" of increasing intensity and proximity - for each new class of surface combatants.
The sharp increase in demand has led to a shortage of containers across the world. Severe imbalances – such as with exports from Asia, but also owing to congestion in ports and delays in hinterland transports – are causing containers to be tied up in transit for considerably longer periods of time. More boxes are currently needed overall to manage the same transport volume.
TR Lady Shipping Ltd, a portfolio company of Tufton Investment Management Ltd (“Tufton”), has inked a commercial agreement with Anemoi Marine Technologies Ltd – a global leader in wind assisted propulsion for commercial vessels – to supply and fit the bulk carrier TR Lady with three large Rotor Sails and Anemoi’s patented Rail Deployment System. The Rail Deployment System allows the Rotor Sails to be moved across the deck to minimise impact on port operations.