Vestas chooses Maersk for turbine powertrain transport

Danish renewable energy company Vestas has launched a new project with its compatriot shipping giant Maersk. Vestas has awarded Maersk a contract for transporting the extra heavy powertrains of its largest ever built wind turbine V236.

This heart-piece of the 15MW turbine weighs 260 tons alone and will be installed in the nacelle in Vesta’s factory in Lindø, Denmark. Maersk will manage the transport with special equipment from the assembly site in Lommel, Belgium via Antwerp to the port of...

Peak in China’s coal demand in sight as renewables jump 12%

Between January and April 2024, China’s electricity generation from renewables surged 12% y/y, significantly outpacing the 6% growth in generation from fossil fuels.

“While steam coal shipments to China rose 29% y/y, they are starting to feel the pressure from stronger renewables. Between March and April, the shipments fell 7% y/y as electricity generation from fossil fuels only rose 1% y/y,” stated Filipe Gouveia, shipping analyst at BIMCO.

So far in 2024, electricity generated from renewables...

Tanker stalls after being hit by Houthi missile

An oil tanker temporarily lost propulsion after it was hit by a Houthi missile on 18 May.
The US Central Command said that at 1 am Yemen time, Iranian-backed Houthis launched one anti-ship ballistic missile (ASBM) into the Red Sea and struck the 2003-built 105,400 dwt Wind, an Aframax oil tanker.

According to the Central Command, Wind most recently docked in Russia and was bound for China. Central Command said, “The impact of the ASBM caused flooding which resulted in the loss of propulsion and...

Maersk launches air freight gateway in Miami

Maersk expanded its air freight operations footprint with the April activation of a full-service, in-transit gateway solution in Miami, US.

The Danish company said this new air freight facility underscores its commitment to providing “seamless and competitive connectivity” to major Latin American markets.

“Our Miami expansion is a vital and strategic addition to our global gateway network, providing connectivity from Asia, Europe, and the US to Latin America,” pointed out John Wetherell, Global...

Tanker sustains damage as Houthis intensify attacks

For the first time in over a month, a ship has suffered damage in a Houthi missile attack in the Red Sea, as the Iran-backed rebels step up their assaults.

The US Central Command said that at 5.49 pm Yemen time on 26 April, Houthis launched three anti-ship ballistic missiles (ABSM) near the 2009-built Panama-flagged Aframax tanker, Andromeda Star, which is believed to be owned by unknown UK interests, and a 2002-built Antigua and Barbados-flagged Suezmax tanker, Maisha. The ships were 14...

CMA CGM AIR CARGO set to expand with Transpacific route launch in summer

CMA CGM AIR CARGO is set to launch a transpacific route linking Asia to North America in the summer of 2024, signalling a significant advancement in its air freight services.

To facilitate operations to new destinations, the company will take delivery of two Boeing B777-200F aircraft this year. The first aircraft, expected in June, will kickstart operations on the transpacific route during the summer peak season, with the second aircraft slated for delivery in the fourth quarter of 2024.


EU tanker import tonne mile demand up 12% as ships avoid Red Sea area

“In 2023, sanctions on Russian oil exports by the EU caused a major shift in tanker trades and a 10% increase in average sailing distances for EU tanker imports. Now, attacks on ships in the Red Sea area have caused average sailing distances to increase a further 16% and tonne mile demand to increase 12% despite falling volumes,” stated Niels Rasmussen, Chief Shipping Analyst at BIMCO.

During the first quarter of 2024, tanker import volumes to the European Union fell 4% year-on-year due to a 1%...

Wallenius Wilhelmsen signs US$1 billion deal with premium car segment global player

The Norwegian/Swedish shipping company Wallenius Wilhelmsen recently signed a multi-year contract with a major firm in the premium car segment, valued at more than US$1 billion over three years, covering both shipping and logistics services, as well as the use of biofuel.

The agreement has a duration of three years, plus a mutual two-year extension option. The contract started between January and April 2024 with rates in line with current market levels.

Lasse Kristoffersen, president, and CEO of...

Hiab secures US$5.4 million order for offshore wind turbine loader cranes

Hiab, a division of Cargotec, has secured a significant US$5.4 million order for loader cranes which will be used in offshore wind turbines. The machines are scheduled to be delivered during the current year.

The specific crane model ordered is the HIAB SWP, meticulously tailored for servicing operations in offshore wind turbine installations. Installed in the nacelle, which houses the turbine’s generating components, these cranes are versatile and capable of handling various lifting tasks.


Almost all crew perish as chemical tanker capsizes off Japan

A 1,168 dwt chemical/products tanker, Keoyoung Sun, capsized in strong winds off Shimonoseki on Japan’s southwestern coast on 20 March, leaving 10 of its 11 crewmen dead or missing.

The crew had sent a distress call around 7 am local time after the 1996-built tanker began listing, said the Japan Coast Guard.

A patrol vessel and a helicopter rushed to the scene and retrieved nine of the crewmen.
The seafarers on Keoyoung Sun comprised two South Koreans, eight Indonesians and one Chinese national.


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