228-meter-long ship is expected to be the first to be Classified as a sub-sea mining vessel under American Bureau of Shipping Equipment integration underway to accommodate pilot nodule collector vehicle and riser system engineered and currently being built by Allseas Factory acceptance testing has commenced for system components that will be integrated into the vessel. NEW … [Read more...] about ‘Hidden Gem’ Arrives in Rotterdam to be Transformed into Nodule Collection Vessel for The Metals Company
Cargo shipper ⚓️ The spot price per container on the China-U.S. East coast route - one of the world's busiest container lanes - has climbed over 500% from a year ago to $20,804 this week, freight-tracking firm Freightos said. That compares to just under $11,000 on July 27. ~ rtrs pic.twitter.com/MIqJc3F7eI— PiQ (@PriapusIQ) August 5, 2021 Freight at centre of … [Read more...] about When will the container madness end?
"A.P. Møller - Mærsk A/S (APMM) reports an unaudited revenue of USD 14.2bn, an underlying EBITDA of USD 5.1bn and an underlying EBIT of USD 4.1bn for Q2 2021. The strong quarterly performance is mainly driven by the continuation of the exceptional market situation with strong rebound in demand causing bottlenecks in the supply chains and equipment shortage. Volumes in Ocean … [Read more...] about Maersk announces impressive Q2 results and promises even better Q3
Cargo shippers divert boxships from scrapping yards to cope with insatiable demand. Of the 45 million containers currently out in the world, 1 in 3 are moved, empty … [Read more...] about Shipping companies snatch any container ship they can lay hands on
New report shows need for government to update vessel speed requirements and expand enforcement Washington - Today, Oceana released a new report finding that most vessels are exceeding speed limits in areas designed to protect critically endangered North Atlantic right whales, of which only around 360 remain. Oceana analyzed vessel speeds from 2017 to 2020 in speed zones … [Read more...] about Oceana Finds Most Vessels Exceeding Speed Limits in Areas Designed to Protect Endangered North Atlantic Right Whales Along U.S. Atlantic Coast