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CSL and Peak join forces in Europe as Peak CSL Group

  Norway’s Peak Group and CSL have announced the launch of their new partnership, Peak CSL Group, following CSL’s acquisition of 50% of Peak. This new strategic alliance consolidates Peak and CSL’s short sea shipping operations in Northern Europe and leverages their collective expertise, resources, and capabilities within the coastal and offshore shipping sectors. With […]

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X-Press Feeders Signs MOU with Six European Ports for Green Shipping Corridors

  Hamburg – X-Press Feeders, the world’s largest independent common carrier, today signed of a memorandum of understanding (MOU) with six European ports: Port of Antwerp Bruges (Belgium), Port of Tallinn (Estonia), Port of Helsinki (Finland), Port of HaminaKotka (Finland), Freeport of Riga (Latvia) and Klaipeda Port (Lithuania). This landmark agreement signifies a joint commitment

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Market shocks drive ship recycling to lowest level in 20 years

  Over the past eight quarters, ship recycling of bulkers, tankers and container ships has dropped to the lowest level in 20 years. “A combination of strong demand following a series of market shocks and low orderbooks have kept older ships operating for longer than usual,” says Filipe Gouveia, Shipping Analyst at BIMCO. During the

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Danica launches new seafarer recruitment platform to speed up applications

  Crew recruitment is set to be accelerated thanks to the introduction of a new recruitment platform which aims to streamline communication with seafarers, enabling ship owners to swiftly fill vacancies with competent crew at a time when shortages are beginning to bite. Introduced by Danica Crewing Specialists, the recruitment platform – www.danica-crewing.com – utilises latest

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Supply chain professionals foresee rise in disruptions and increased container prices

  In the aftermath of the March 26 Baltimore bridge collision, supply chain professionals are anticipating price hikes, as indicated by a significant rise in sentiment for container price increases, reports Container xChange, a global container logistics online platform. A rebound of freight volumes into the US this year, coupled with the bridge incident and

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Maersk prepared to divert Baltimore-bound vessels to Eastern Canada gateways

  In a customer advisory note, Maersk Line has indicated it is prepared to offer special provisional services to several gateways in eastern Canada as long as the Port of Baltimore remains closed to ocean-going vessels following the March 26 collapse of the Francis Scott Bridge that was struck by the Dali containership. It did

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ISA Council reports progress on draft regulations for deep sea mining exploitation

  Kingston, Jamaica – The Council of the International Seabed Authority (ISA) has announced it successfully concluded the first part of its 29th session, marking significant progress in the ongoing negotiations of the draft exploitation regulations for mineral resources in the international seabed area. Under the new leadership of the President of the Council for

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Temporary channel to open for small vessels initially at Port of Baltimore

  In one of the latest developments since a container vessel struck the Francis Scott Bridge early last Tuesday morning, the US Corps of Engineers has begun working to remove the wreckage with a view to opening a temporary channel on the northeastern side of the main access channel to the Port of Baltimore. “This

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