A federal grant to grow Gulf gateway 
The port of New Orleans has been awarded a USD 226.2 million federal grant for the Louisiana International Terminal (LIT). Part of the infrastructure for rebuilding America programme, the fund complements a previous USD 73.8 million grant, amounting to USD 300 million for the... more
'Sider Harmony' joins Nova fleet
Nova Marine Carriers, a Swiss Lugano-based shipping company, has added the 'Sider Harmony’' a 38,593 dwt handymax vessel, to its fleet. Originally built in 2019 and previously named 'Iris Harmony', this vessel was acquired from a Japanese group. Measuring 180 m in length and... more
Eco cost of the Red Sea crisis
According to Sea-Intelligence’s latest analysis, the ongoing Red Sea crisis, which forces vessels to extend shipping routes around Africa, is having a significant impact on CO2 emissions. The deviations lengthen sailing routes, potentially increase speeds to maintain schedules,... more
Confirming the obvious
After Maersk and Hapag-Lloyd announced their intention to form an alliance that will take effect in February 2025, the former alliance has confirmed its commitment till January 2025. The Alliance, which includes the member lines Hapag Lloyd, HMM, Yang Ming Marine Transport... more
New office and team for GTM
GT Maritime, a provider of maritime data communications software, has expanded its operations in response to increased demand. Following a 35% rise in monthly user traffic and the installation of its software on 15,000 ships, the company has opened a new office in Piraeus,... more
ICS: latest flag state insights
The International Chamber of Shipping (ICS) has released its 2023/2024 Shipping Industry Flag State Performance Table. The report indicates an overall improvement in the performance of flag states, which are essential for upholding safety and environmental standards in maritime... more
Piracy around the globe
In its annual piracy report for 2023, the ICC International Maritime Bureau (IMB) recorded 120 incidents of maritime piracy and armed robbery against ships, five more than in 2022. In 2023, 105 vessels were boarded, nine attacks attempted, four vessels hijacked and two fired... more
Expanding handling capacity at Jaxport
Jaxport in Jacksonville, Florida, has signed a 30-year lease agreement with Enstructure, a USA-based marine terminal and logistics company, for 319,702 sqm at the Talleyrand Marine Terminal. Starting in late 2025, following the relocation of Southeast Toyota Distributors to... more
Maersk bypasses the Red Sea
In response to the volatile situation in the Red Sea and Gulf of Aden, the Maersk ME2 service will temporarily be diverted via the Cape of Good Hope. The adjusted route will include Jebel Ali (UAE), Mundra and Jawaharlal Nehru (India), Port Tangier (Morocco), Algeciras (Spain),... more
Quicker Med-Sea connection
CMA CGM’s short sea lines division has restructured its TMX 2 link between Turkey, Malta, Italy, France, and Algeria. The French carrier started the revamped service from Gemlik to Salerno on 12 January 2024. This route aims to address the West Med to Algeria markets and... more