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Refloat rethink will see boxes lifted off grounded Ever Forward

Following the failure of three attempts to move the grounded containership Ever Forward using tugs and barges, the unified command in charge of the refloat operation has developed a new strategy.

This comes after salvage experts determined they would not be able to overcome the ground force of the Ever Forward in its current loaded condition. They say the new strategy offers the best chance of successfully refloating the Ever Forward from its current position in Chesapeake Bay.

CRANE BARGES

The...

https://www.marinelog.com/legal-safety/environment/salvage/refloat-rethink-will-see-boxes-lifted-off-grounded-ever-forward/

DOE/EIA diesel price drops again, but diesel futures surge

The weekly average retail diesel price published by the Department of Energy/Energy Information administration fell 4.1 cents a gallon Monday, alongside a more than 12-cent increase in the futures price of diesel.

The decline, to $5.144 per gallon, is the second in the past three weeks. But the past three weeks comes after a 10-week run of increases, which took the benchmark price for fuel surcharges up to $5.25 on March 14, before the recent declines have taken slightly more than 10 cents off...

https://www.freightwaves.com/news/doe-eia-diesel-price-drops-again-but-diesel-futures-surge

Two more IWS CSOVs will feature Kongsberg Maritime equipment packages

Oslo-headquartered Integrated Wind Solutions (IWS) has ordered two more Skywalker class walk-to-work commissioning service operations vessels (CSOVs). The vessels are scheduled for delivery in first half 2024 from China Merchants Industry, Hong Kong. Currently IWS has two identical vessels on order for delivery in 2023 and option agreements for up to two additional vessels for potential second-half 2024 delivery.

The firm shipyard price for the two just-ordered vessels is about EUR 48 milion...

https://www.marinelog.com/offshore/offshore-wind/two-more-iws-csovs-will-feature-kongsberg-maritime-equipment-packages/

Live demo preview: Empowering brokers with C4

Everyone wants to have the best rates; it’s one of the main competitive advantages businesses can have in any given market. Being informed about the current market and knowing what rates are being paid after all is said and done is crucial. It’s difficult, though, to get legitimate and reliable data about payments. 

A major attraction of FreightWaves’ The Future of Supply Chain live event in Northwest Arkansas on May 9-10 will be the seven-minute live demos. Here’s a preview of one of those...

https://www.freightwaves.com/news/live-demo-preview-empowering-brokers-with-c4

J.B. Hunt clean transport program focuses on carbon offsets

J.B. Hunt announced a clean transport program that features carbon offsets.

Supply chain service provider J.B. Hunt Transport Services Inc. launched a clean transport program Monday, giving intermodal customers the option to purchase carbon credits that offset greenhouse gas emissions from their shipments.

Based on lane-specific activity evaluated by third parties each quarter, J.B. Hunt’s (NASDAQ: JBHT) clean transport program will help customers see how many offsets they would need to purchase to make each shipment carbon-neutral.

“J.B. Hunt is committed to leading the...

https://www.freightwaves.com/news/jb-hunt-clean-transport-program-focuses-on-carbon-offsets

2nd plan to refloat container ship moving forward

The Coast Guard said there is a revised strategy to refloat the Ever Forward, and the second attempt to get the grounded container ship out of Chesapeake Bay could take more than two weeks.

“Salvage experts determined they would not be able to overcome the ground force of the Ever Forward in its current loaded condition. The new strategy offers the best chance of successfully refloating the Ever Forward,” the Coast Guard said in a press release Monday. It is working with the Maryland Department...

https://www.freightwaves.com/news/2nd-plan-to-refloat-container-ship-moving-forward

Freight’s biggest challenges in Q2

On today’s episode Dooner and The Dude are talking about freight’s biggest challenges in Q2. They’ll look at international shipping, the ports, trucking, as well as the conflict in Ukraine. 

Benjamin Gordon, managing partner and CEO at Cambridge Capital and BGSA, talks about creating a coalition of logistics companies to aid Ukraine.

Sanne Manders, COO at Flexport, talks about the global freight market and what Flexport is seeing in its data as well as its support of Ukraine.

Ivan Hernandez, owner...

https://www.freightwaves.com/news/freights-biggest-challenges-in-q2

FreightWaves Classics/Infrastructure: First plan for national infrastructure issued in 1808

The Erie Canal in 1829. (Image: transportgeograpy.org)

In 1807, the U.S. Senate passed a resolution requesting the U.S. Treasury Department to prepare and submit “a plan for the application of such means are within the power of Congress, to the purposes of opening roads, and making canals,” and other recommendations on how the federal government could improve what was then an inadequate and fragmented national transportation system.

On April 4, 1808, President Thomas Jefferson’s Secretary of the Treasury Albert Gallatin submitted a wide-ranging...

https://www.freightwaves.com/news/freightwaves-classicsinfrastructure-first-plan-for-national-infrastructure-issued-in-1808

SONAR sightings for April 4: Chicago to LA, weekly port update, more

The highlights from Monday’s SONAR reports are below. For more information on SONAR — the fastest freight-forecasting platform in the industry — or to request a demo, click here. Also, be sure to check out the latest SONAR update, TRAC — the freshest spot rate data in the industry.

Lane to watch: LA to Chicago

Overview: Carriers are now avoiding the overcorrected LA market.

Highlights:

  • Spot rates from Chicago to LA have risen gradually over the past two months in this lane, increasing from $1.87...

https://www.freightwaves.com/news/sonar-sightings-for-april-4-chicago-to-la-maritime-port-update-more

Baltic Exchange to U.K members: Don’t do business with Russians

A large part of the world’s ship chartering and sale & purchase business is negotiated at some stage by members of the London-based Baltic Exchange, the world’s oldest shipping market.

Today, the Baltic warned its U.K. members not to broker, charter or sell vessels to persons connected to Russia, citing U.K. sanctions put in place following Russian’s invasion of Ukraine. Those sanctions cast a very wide net in terms of who they target and who must comply.

Here’s what the Baltic said in its...

https://www.marinelog.com/legal-safety/compliance/baltic-exchange-to-u-k-members-dont-do-business-with-russians/

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