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New Bunker Adjustment Factor (BAF)

From 1st January 2020, a new regulation will come into force to reduce air pollution from ships globally. Whereas today ships can use fuel with up to 3.5% sulphur content (outside Emission Control Areas), the new global sulphur cap will be 0.5%. The regulation has been developed and adopted by the International

Rickmers Line and Sinotrans sign new agreement

The Project Logistic Division of Sinotrans and Rickmers-Line have entered into a six-year-contract for the ocean transportation of breakbulk and project cargoes for a major infrastructure project from China to the United States. Rickmers-Line will provide full service to Sinotrans with its regular fortnightly Pearl String Round-The-World liner service to various

DP World’s acquisition of Unifeeder

Is global terminal operator DP World’s acquisition of European short-sea and feeder carrier Unifeeder another example of a company wanting to extend their reach in the supply chain, or simply a shrewd move to protect the core business?   Virtual integration is the buzz phrase du jour in the logistics world, so

Where Are We Going With These Megaships?

Over the past few years, we’ve seen container vessels increase in size as carriers compete to build large ships to accommodate more cargo. The benefits are clear: larger vessels contribute to profitability as carriers can drive down their operational costs per container moved. But do the pros outweigh the cons? The

ZEABORN Ship Management consolidates Activities

The Bremen-based ZEABORN Group is combining its ship management activities under the new brand ZEABORN Ship Management GmbH & Cie. KG (ZEABORN Ship Management). The company is based in Hamburg and is bringing together Rickmers Shipmanagement, which was acquired by ZEABORN in September 2017, and E.R. Schiffahrt, acquired in February 2018.

Cosco USA hit by cyber attack

Cosco Shipping’s operations in the United States were hit by a cyber attack yesterday, affecting the company’s daily operations. According to a notice Cosco Shipping Line sent to customers, the company’s local network and systems suffered a breakdown, and some email communications were not available as a result. The company suggested that

SAL Heavy Lift awarded contract by GeoSea

SAL Heavy Lift has been awarded a contract by GeoSea for the shipment of 49 transition pieces for the Horns Rev 3 Offshore Wind Farm. Under the contract scope, SAL will transport the transition pieces from fabrication yards in Aalborg, Denmark and Vlissingen, Netherlands to the project port of Esbjerg in

Swire Shipping upgrading its services from North Asia to the Pacific

From July 2018, Swire Shipping will upgrade its multipurpose liner services between North Asia and the Pacific. Under this enhancement, Swire Shipping will be adding direct calls at the Chinese ports of Nansha and Ningbo and aligning its North Asia services to provide a 10-day service frequency between North Asia and Papua New Guinea

United Heavy Lift expanding into new markets

Heavy Lift shipping company, United Heavy Lift, has taken the management of the newly built DP2 Deck Carrier Vessel, MV Zhi Xian Zhi Xing from Shanghai based Zhixian Transportation. While a sister vessel is being completed in the shipyard by the end of 2018. The 26.000 DWT vessel with its unobstructed

Intermarine enters into joint venture with ZEABORN Group

Maritime Holdings Delaware, LLC, parent company of Intermarine, LLC, a global leader in the transport of project, breakbulk and heavylift cargo, has entered into a joint venture agreement with ZEABORN Group. The shareholders of the newly-formed ZEAMARINE will also commit to fund new capital to grow the joint venture. ZEABORN Group

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