• 2008 December 2 12:35

    Avoiding pirates to cost Japan ships US$100m

    Japan's shipping industry would incur more than US$100 million in extra costs if its vessels change their routes to avoid rampant piracy off Somalia, an industry group said yesterday.
    Some Japanese ships have taken a route around the Cape of Good Hope instead of through the Red Sea following dozens of pirate attacks this year in waters off Somalia, the Japanese Shipowners' Association said.
    The association estimated that an additional 40 million yen (S$632,000) would be required for one ship to avoid the Red Sea and take the alternative course around South Africa.
    Of the 2,000 Japanese ships that sail through the Suez Canal each year, some 250 are relatively small and sail at a speed of less than 15 knots, making them more vulnerable to attacks by pirates.
    If they all change route, adding up to 10 days and 6,500 km to the journey, it would cost an additional 10 billion yen, the industry body said.
    The Japanese government is considering sending a naval mission to guard its cargo ships in the area, as marine lobbyist groups have urged.
    'We are also hoping the government will dispatch a naval mission to protect Japanese ships,' said a spokesman for the Japanese Shipowners' Association.
    It would not be easy for Japan, which is officially pacifist after its defeat in World War II, to dispatch its military overseas. The country was forced to renounce the right to wage war and the government would need to create a special law to allow such a mission.
    Shipping groups worldwide have reported a new surge in hijackings off Somalia and the International Maritime Bureau said that pirates based in the lawless African nation were now 'out of control'.

2024 May 7

18:00 PPA hands over ICPC to VCT
17:05 TotalEnergies and Sinopec strengthen cooperation
16:42 Evergreen orders six container ships in China
16:33 Zelenodolsk Shipyard hosts launching ceremony for Navy’s duo
16:15 Valenciaport receives three bids for the tender for the management of La Marina
15:31 Vessel from Ukraine grounded in Turkey's Bosphorus Strait
15:14 ICTSI net income up 36% to US$209.88 mln in Jan-March of 2024
14:45 HD Hyundai files complaint against Hanwha Ocean for alleged defamation in leak of military secrets
14:27 Hapag-Lloyd and IKEA collaborate to advance cleaner shipping
13:57 Marlink upgrades managed hybrid network across Simon Møkster Shipping’s offshore fleet
11:25 Vard Marine welcomes BluMetric Environmental into the Team Vigilance Preferred Suppliers Program
10:48 WinGD secures an order for its X‑DF‑A ammonia-fuelled engines

2024 May 6

18:00 CMA CGM to suspend Bremerhaven call on its SAFRAN service connecting East Coast South America with Europe
17:12 CMA CGM announces PSS from Asia to East Africa, South Africa and Indian ocean
16:47 Taylor Smith Shipyard announces cooperation agreement with Nouum Engineering
16:09 Incat Crowther-commissioned to design new fast supply vessel for African offshore energy sector
15:47 Seaspan completes rollout of Starlink across entire fleet
15:26 Asia is the largest importer of LNG
13:50 Goa shipyard holds the keel laying ceremony of the first new generation maritime patrol ship
13:20 Maersk says Red Sea disruption will cut capacity by 15-20% in Q2 2024
12:43 DP World acquires Laos dry port operator Savan Logistics
11:42 Seatrium secures FPSO topsides integration contract with MODEC
11:25 CMA CGM to strengthen and reshuffle its Africa lines - India Middle East Gulf services
10:46 Fortescue completes trials chassis and maneuverability testing of dual-fuelled ammonia-powered vessel in the Port of Singapore

2024 May 5

17:41 Visayas Container Terminal delivers enhanced productivity, efficiency to ICPC
15:07 Höegh LNG announces agreement to deploy FSRU Hoegh Galleon to Egypt
14:22 Metal Shark building 22 high-speed surface interceptor vessels for JDF
12:14 AAL's B-Class heavy lift ship named at a Chinese shipyard
10:04 DNV: April sees jump in methanol-fueled tanker orders

2024 May 4

15:17 Lomar takes bulker investment to $127 million inside a year
13:47 HD Hyundai, ABS to set standards for e-propulsion ships
12:08 Australian Govt selects BAE Systems and ASC to build sovereign nuclear powered submarines
10:51 Van Oord’s heavy lift installation vessel undergoes upgrade

2024 May 3

18:00 Holland America Line begins pilot test of renewable fuels on its flagship, Rotterdam
17:20 European Hydrogen Bank auction provides €720 million for renewable hydrogen production in Europe
17:06 GTT and PipeChina Innovation sign a License Agreement for the use of GTT membrane containment technology for onshore LNG storage
16:43 CMA CGM to launch M2X - Mexico Express Service connecting Far East to Mexico
16:31 Wartsila to supply the engines for a new Canadian Coast Guard Polar Icebreaker
15:58 The Port of Long Beach celebrates “Tri-gen” system for producing renewable hydrogen, electricity and water
15:06 Astrakhan region ports’ cargo volume in Q1, 2024 soars 78%
14:32 Valenciaport participates in a European project to promote the use of renewable energy for self-consumption in the port
13:50 Seatrade reaches settlement with Dutch Public Prosecution Service
13:15 Dennis Tetzlaff appointed Chief Operating Officer Fleet at Stena Line
12:40 ONE releases financial result for FY2023
12:20 IMO biofouling project to address biodiversity threat extended
11:30 Corvus Energy to supply ESS for the first net zero subsea construction vessel
11:10 Damen launches fully electric RSD-E Tug 2513 for Port of Antwerp-Bruges
10:30 Port of Rotterdam reduces CO2 emissions by 10% in 2023
10:02 HD KSOE wins $286mn order for four MGCs
10:00 Russian seaports in Q1, 2024: Infographics and Analytics
09:00 HD Hyundai Heavy secures contract to build LNG carrier duo

2024 May 2

18:07 World’s most environmentally friendly tug fleet delivered to HaiSea Marine
17:38 SOHAR Port and Freezone sings agreement with METCORE for Mass Flow Meter Implementation
17:23 Unifeeder launches China Gulf Express
16:59 Allseas receives T&I contract for Gennaker offshore wind farm
16:30 CMA CGM’s newest container vessel visited the HHLA TK Estonia terminal
15:46 DP World introduces new rail route from China to Turkey
14:32 Hybrid technology to optimise energy use and cut emissions for Matson Navigation Company’s new LNG-powered container ships
13:54 Bureau Veritas awards AiP for TotalEnergies’ Skipe V2 tool
13:24 Hapag-Lloyd launches first dry container tracking product “Live Position”
12:58 Europe’s ports have €80 billion investment needs for the next 10 years
12:15 MABUX: Bunker Outlook, Week 18, 2024
11:42 APSEZ FY24 net profit jumps 50%
11:19 Tristar Eships to manage its carbon footprint with Wartsila’s Decarbonisation Services
10:48 Topsoe awarded contract to support FEED study for new low-carbon ammonia plant in Louisiana, US
09:26 Maersk posts Q1 2024 results

2024 May 1

17:13 Matson picks Kongsberg Maritime's hybrid technology for its new LNG-powered container ships
16:22 All American Marine delivers hydrofoil-assisted tour vessel to Phillips Glaciers
15:24 Corvus Energy to supply ESS for the first Net Zero Subsea Construction Vessel
14:02 Stena Line taps Dennis Tetzlaff as Chief Operating Officer Fleet