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Amerıcas News

CMA shipping event for 2020 goes online in light of Covid-19CMA shipping event for 2020 goes online in light of Covid-19The Connecticut Maritime Association’s (CMA) CMA Shipping 2020 Conference and Exhibition will be delivered as an entirely virtual event as part of the first ever North American Shipping Week to be held from 12-16 October.30 July 2020 Thursday 14:00
Container lines re-instate 30 sailings on transpacific west coast for Q3Container lines re-instate 30 sailings on transpacific west coast for Q3Global carriers have re-instated sailings on the transpacific west coast for the third quarter on optimism about peak season demand and as the impact of the coronavirus (Covid-19) pandemic eases, according to analyst Sea-Intelligence.30 July 2020 Thursday 13:40
Crude tankers need ‘sizeable correction’ to supply for rates to improveCrude tankers need ‘sizeable correction’ to supply for rates to improveCrude tanker freight rates are unlikely to recover anytime soon unless there is a sizeable correction in vessel supply, according to analyst Drewry.24 July 2020 Friday 15:35
Seaspan splashes out $146m in cash for boxship pair backed by chartersSeaspan splashes out $146m in cash for boxship pair backed by chartersSeaspan Corporation has acquired two secondhand containerships for approximately $146m in cash in a deal backed by long term charters.24 July 2020 Friday 14:58
ABS to class North American west coast’s first LNG bunker bargeABS to class North American west coast’s first LNG bunker bargeClassification society ABS will class the North American west coast’s first LNG bunker barge which is expected to commence operations from 2023.23 July 2020 Thursday 14:00
Panama ports volume up 13.7% in H1 2020Panama ports volume up 13.7% in H1 2020Panama's ports cargo volume grew by 13.7% in the first half of this 2020 to 3.8m teu compared to the same period a year ago.23 July 2020 Thursday 11:10
Maersk, Microsoft, Starbucks, Nike and five others launch ‘net zero’ future initiativeMaersk, Microsoft, Starbucks, Nike and five others launch ‘net zero’ future initiativeAP Moller-Maersk and eight other companies including Microsoft and Starbucks have joined hands to set up a new initiative to accelerate the transition to a net zero emissions global economy.22 July 2020 Wednesday 13:10
Panama Shipyard provisionally reopens, international tender in 2021Panama Shipyard provisionally reopens, international tender in 2021Panama’s Balboa Shipyard, located on the Pacific side of the Panama Canal, has reopened provisionally under the administration of the Panama Maritime Authority (AMP) until an international tender for the concession of the shipyard is called early 2021.20 July 2020 Monday 15:37
Asian waters account for largest share of ships lost at seaAsian waters account for largest share of ships lost at seaIncidences of large vessels lost at sea have occurred mostly in Asian waters, even as such losses on a global basis are at a record low in 2019, according to a review by insurer Allianz Global Corporate & Specialty (AGCS).17 July 2020 Friday 10:20
Keppel O&M bags $52.5m in FPSO contracts from MODECKeppel O&M bags $52.5m in FPSO contracts from MODECKeppel Offshore & Marine (Keppel O&M) has bagged two FPSO contracts with MODEC worth a total of SGD73m ($52.5m).16 July 2020 Thursday 12:50
Panama Ship Registry grows 4.1% under new administrationPanama Ship Registry grows 4.1% under new administrationThe Panama Ship Registry has grown by 4.1% during the first year of its new Administration.13 July 2020 Monday 11:00
Panama Canal increases maximum draught for neo-panamax locksPanama Canal increases maximum draught for neo-panamax locksThe Panama Canal Authority (ACP) has announced an increase of the maximum authorised draught for neo-panamax vessels transiting the Panama Canal to 14.33 m (47 ft) Tropical Fresh Water (TFW) starting 8 July.09 July 2020 Thursday 15:45
ClassNK joins US cyber risk initiative ahead of IMO 2021ClassNK joins US cyber risk initiative ahead of IMO 2021ClassNK has become the first non-US and classification society partner to join the Maritime Transportation System Information Sharing and Analysis Center (MTS-ISAC) to help address cyber security risks.09 July 2020 Thursday 13:45
Exiting the mother of oil surpluses and floating storageExiting the mother of oil surpluses and floating storageInvestment bankers BTIG hosted Rystad Energy for an online update on the oil markets with Artyom Tchen, a senior analyst with Rystad in a presentation entitled ‘Irrational exuberance or fundamental recovery?’01 July 2020 Wednesday 11:00
Low demand and capacity withdrawal to persist for container shippingLow demand and capacity withdrawal to persist for container shippingContainer shipping is expected to see current low demand levels persisting, consequently leading to high levels of capacity withdrawals, according to analyst Sea-Intelligence.30 June 2020 Tuesday 11:13
Slowing LNG shipping market looks to LNG power generation for boostSlowing LNG shipping market looks to LNG power generation for boostThe niche LNG-to-power segment that is budding in the background may inject a much-needed boost to generate more activities for the LNG shipping market, according to analyst Drewry.30 June 2020 Tuesday 10:37
Shipping coping well with IMO 2020, but dispute cases may riseShipping coping well with IMO 2020, but dispute cases may riseWhile the quality of VLSFO has presented little problems to the industry, this is not so much the case in terms of the number of disputes, according to Rosita Lau, partner at law firm Ince & Co.22 June 2020 Monday 13:54
Ports in the Americas look to the futurePorts in the Americas look to the futureThroughout the vicissitudes of 2020, with all the “Black Swans” swimming around, ports have continued to support maritime activity and world trade and Seatrade Maritime News talks to senior Americas port executives about what the future holds.19 June 2020 Friday 16:00
Cargo volumes up 15.9% at Panama ports in Jan – MayCargo volumes up 15.9% at Panama ports in Jan – MayCargo volumes in Panamanian ports grew by 15.9% during January-May 2020, in spite of the country fighting against the spread of the Coronavirus.18 June 2020 Thursday 15:03
BW FSRU arrives in Brazil for Port Acu LNG-to-power projectBW FSRU arrives in Brazil for Port Acu LNG-to-power projectFloating storage and regasification unit (FSRU) BW Magna has arrived at a new terminal in the Brazilian Port Acu to start its contract serving Gas Natural Acu (GNA) ’s LNG-to-power project.17 June 2020 Wednesday 13:20
ABS outlines requirements for remote offshore surveysABS outlines requirements for remote offshore surveysAs the oil price and lower energy demand paint a bleak picture for offshore operators and rig owners, cost control will be a top priority.12 June 2020 Friday 12:00
Container fleet to shrink with prices and rates on slow recovery from COVID-19Container fleet to shrink with prices and rates on slow recovery from COVID-19The novel coronavirus (COVID-19) pandemic will lead to a contraction in the shipping container fleet and keep prices and lease rates under pressure in 2020, according to analyst Drewry.01 May 2020 Friday 14:35
Bunker prices slip, high-low sulphur spread narrows to $56Bunker prices slip, high-low sulphur spread narrows to $56Marine fuel prices have dropped significantly this week with the low sulphur grade nearing below $200 per metric tonne (pmt), narrowing its price differential with the high sulphur grade.27 April 2020 Monday 09:55
IMO 2020: Low sulphur fuel prices surge, discount to MGO vanishesIMO 2020: Low sulphur fuel prices surge, discount to MGO vanishesWith the coming into force of IMO 2020 very low sulphur fuel oil (VLFSO) prices have surged since mid-December nullifying the discount to marine gas oil (MGO).11 January 2020 Saturday 10:31
UK, France react to Iran’s statement on nuclear dealUK, France react to Iran’s statement on nuclear dealIran's intention to further reduce its level of compliance with nuclear deal 'deeply concerning', UK says06 September 2019 Friday 12:32
Crude tanker glut to pressure Americas ratesCrude tanker glut to pressure Americas ratesRising supply of crude tankers on the high seas could limit the impact of growing shipping demand brought on by the emergence of new crude trading routes in the second half of 2017 in the Americas, although rate volatility is likely to persist.29 July 2017 Saturday 17:45
Ports America extends its operator’s agreement with Tampa Bay Container Terminal HomeRegionAmericasPorts America extends its operator’s agreement with Tampa Bay Container Terminal HomeRegionAmericasPorts America, one of the leading marine terminal operators and stevedoring firms in the US, has signed an amended container agreement with Tampa Bay Container Terminal in Florida, extending an existing deal to 2046.30 July 2016 Saturday 17:45
Panama Canal Cuts Waiting Time to Four DaysPanama Canal Cuts Waiting Time to Four DaysThe current wait time for ships transiting the Panama Canal is four days or less, a 60% cut compared to its peak caused by an unseasonably high demand, The Panama Canal Authority reports.21 November 2015 Saturday 12:27
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