Day: May 16, 2025

HD Hyundai pitches port cranes to US Trade Representative

Energy News Beat Port of Long Beach Jamieson Greer, the US Trade Representative, has been in South Korea this week where shipbuilding talks have taken place as well as pitches made to become an alternate supply of port cranes.  As well as meeting with government officials, Greer sat down with HD Hyundai vice chairman Chung […]

Saudi liner Folk Maritime grows fleet with triple acquisition

Energy News Beat ContainersMiddle East Folk Maritime Folk Maritime Saudi Arabian liner newcomer Folk Maritime is pressing ahead with fleet expansion by adding three more vessels. The Riyadh-based feeder owner and operator, led by former Hamburg Süd boss Poul Hestbaek, has acquired the 702 teu Folk Yanbu, 1,118 teu Folk Jubail and the 1,868 teu […]

China smashes car carrier size records twice in less than a month

Energy News Beat Greater ChinaOperations Chinese government website Chinese government website China has broken the record for the world’s largest car carrier for the second time in under a month with the sailaway of the Anji Ansheng, a 9,500 ceu ship owned by SAIC Anji Logistics, a subsidiary of China’s giant car manufacturer SAIC. The […]

Shanghai spot box rates to US west coast leap 31% in just one week

Energy News Beat SIPG Friday’s weekly publishing of spot rates from the Shanghai Shipping Exchange has given a stark picture of the frenzy building on the transpacific. Rates from China to the US west coast leapt 31% week-on-week, while rates to the east coast jumped 22% as shippers rush to make the most of a […]

HMM celebrates landmark electronic bill of lading transaction

Energy News Beat HMM The Digital Container Shipping Association (DCSA) has provided details of the world’s first successful standards-based, interoperable electronic bill of lading (eBL) transaction, something the organisation claims marks a “significant advancement toward secure, scalable, and truly paperless global trade”. Despite the availability of digital alternatives for years, eBL adoption has remained constrained […]

How to profit from FuelEU Maritime

Energy News Beat European Navigation As the FuelEU Maritime regulation enters into force, the shipping industry may be looking at a surprising upside. Instead of acting solely as a cost driver, the regulation could create a net financial gain, potentially around €250m ($280m), according to a recent analysis by maritime data and compliance firm OceanScore. […]

Beyond the certificate: using technology to build and assess competence

Energy News Beat The scale of the training challenge is well-known and new approaches are emerging to meet it, writes Jennifer Harrison, vice president of ABS Training Solutions. Decarbonisation and digitalisation present a decades-long challenge to the shipping industry and there is a growing realisation that their impact will be felt most keenly by the […]

The Most Splendid Housing Bubbles in Canada, April 2025: Single-Family & Condo Prices Drop to Multi-Year Lows, Driven by Toronto

Energy News Beat But some metros hit all-time highs. By Metro: Toronto, Vancouver, Victoria, Calgary, Ottawa, Montreal, Halifax, Edmonton, Quebec City, Winnipeg. By Wolf Richter for WOLF STREET. Demand in Canada’s spring selling season has sunk into a morass, with sales down 9.8% from the already beaten-down levels a year ago. Supply of homes on the market has […]