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ARI Media

Mar 13, 2019
1 min

Bill to Repeal the Jones Act

Senior United States Senator from Utah, Michael Lee, has introduced the Open America’s Water Act of 2019, a bill which would repeal the Jones Act and allow all qualified vessels to engage in domestic trade between U.S. ports. “Restricting trade between U.S. ports is a huge loss for American consumers and producers. It is long past time to repeal the Jones Act entirely so that Alaskans, Hawaiians, and Puerto Ricans aren’t forced to pay higher prices for imported goods—and so t

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ARI Media

Jun 29, 2017
4 min

The Need to Reuse Resources

There is a popular game to play during team building – try to get a bucket full of water across an obstacle course without spilling any drops. In a way, it is the same with the circular economy. This idea promotes greater resource productivity. Cirkellab, a company from Dordrecht that promotes the circular economy, is looking at the maritime industry with the idea to change the production process with the goal to keep the bucket as full as possible. “We cannot exploit Earth a

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ARI Media

Jun 22, 2017
1 min

Beyond Maritime Security

Economic stability and sustainable development can be driven by an integrated approach to the maritime sector, including ports, maritime security and facilitation of maritime traffic. Joined-up government policies covering the whole of the maritime sector are critical for the port sector to flourish. These were among key messages delivered by IMO’s Chris Trelawny, who was speaking at the Port Security Technology conference, London, United Kingdom (20 June), which provided an

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ARI Media

Jun 22, 2017
2 min

Maersk Unaffected by Rickmers

Danish container shipping major Maersk Line said that it doesn’t expect any impact of Rickmers Holding’s filing for insolvency on its operations. To remind, Rickmers had to file for insolvency after HSH Nordbank AG denied approval to the term sheet dated April 19, 2017 and rejected further negotiations of the restructuring. Out of Maersk’s total operated fleet consisting of 639 vessels, six are charter vessels formerly owned by Rickmers. In addition, a further 12 vessels are

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ARI Media

Dec 29, 2016
1 min

Awesome Ship Fails and Close Calls

Shipping ain't easy... via HD1080ide #Shipping #aircargo #oceancargo #logistics #freightforwarders #internationaltransport #ARIShippingCorporation #shipfails #shippingclosecalls #transportation

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ARI Media

Dec 5, 2016
3 min

Fed Warns Trump to Be Smart

Without mentioning President-elect Donald Trump by name, Federal Reserve officials warned that the incoming administration’s fiscal policy must be intelligently designed to spur the economy while maintaining a rainy-day fund to help the economy withstand another downturn. “Smart” government spending and tax reform could help the economy grow, said Chicago Fed President Charles Evans in a speech to the Executives Club of Chicago, according to Reuters. Earlier, New York Fed Pre

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ARI Media

Oct 18, 2016
1 min

Asian Maritime Crimes Down 65%

The number of piracy and armed robbery incidents in Asia from January to September 2016 decreased by 65%, compared to the same period in 2015, according to The Regional Cooperation Agreement on Combating Piracy and Armed Robbery against Ships in Asia (ReCAAP). A total of 59 incidents were reported during the period, including 3 piracy and 56 armed robbery incidents, ReCAAP said. The situation improved in the Straits of Malacca and Singapore, contributing to the decrease in ov

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ARI Media

Oct 12, 2016
3 min

Can Shipping Keep Its Big Break Going?

As snooker players know, it’s hard to keep a good break going. In today’s conditions, the shipping industry needs supply-side re-positioning to help the markets back to improved health, and increased recycling in recent years has been a clear part of this. However, there’s still some way to go to better times, so it’s worth taking a look at how today’s ‘big break’ might leave the future potential scrapping profile. The Big Break! Since the start of 2009, a total of 206.6m GT

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ARI Media

Oct 12, 2016
1 min

VIDEOS: Mediterrana Enters Maltese Waters

Armada LNG Mediterrana, the Floating Storage Unit (FSU) owned by Malaysia-based offshore oil & gas services provider Bumi Armada, arrived in Malta on October 10, 2016, where she will provide storage facility and supply gas to the country’s Delimara power station. The 1985-built vessel, former Wakaba Maru, is expected to be permanently moored by a jetty near the Delimara LNG receiving terminal, at Marsaxlokk Bay, and deliver LNG on a continuous basis, without dry-docking inter

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ARI Media

Oct 6, 2016
1 min

Pirate Threat Still Very Real

Merchant vessels transiting the Gulf of Aden and the western Indian Ocean should take protective measures as the risk of pirate attacks still exists, according to the International Maritime Organization (IMO). Namely, the topic was highlighted during a meeting between IMO Secretary-General Kitack Lim and Operation Commander Major General Rob Magowan of the EU Naval Force Operation Atalanta. The parties agreed that the merchant vessels should continue with protective measures

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"Shipping Fiasco Was Unavoidable" Says Hanjin Chief

ARI Media

Oct 4, 2016
3 min

"Shipping Fiasco Was Unavoidable" Says Hanjin Chief

Hanjin Group Chairman Cho Yang-ho, the largest stakeholder of the group’s cash-strapped Hanjin Shipping, said Tuesday the recent shipping fiasco sparked by court receivership of the shipping line was “unavoidable.” “It was an unavoidable situation derived from the aggressive supply of government-backed foreign shipping lines and their low price strategies,” Cho said in a parliamentary audit for the state-run Korea Development Bank. KDB is the main creditor of Hanjin Shipping.

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How We Monitor and Enforce Ship Emissions

ARI Media

Sep 29, 2016
3 min

How We Monitor and Enforce Ship Emissions

Air pollution from ships is a serious problem that doesn’t get enough attention. Kelvin Boot explains how environmental science can help ensure industry plays by the rules. Europe has an estimated 80,000 ship-visits to ports each year, and many of those ships burn cheap, low-quality fuel that creates polluting exhaust emissions, containing sulphur, nitrogen oxides and particulate matter. This thick, dirty, tar-like fuel oil is what’s left behind after the crude oil has been r

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ARI Media

Sep 26, 2016
2 min

Shipping Confidence Sees Further Rise

Shipping confidence, notably on the part of charterers and managers, improved for the second successive quarter in the three months to end-August 2016, according to the latest Shipping Confidence Survey from accountant and shipping adviser Moore Stephens. In August 2016, the average confidence level expressed by respondents was 5.4 on a scale of 1 (low) to 10 (high). This is an improvement on the 5.1 recorded in May 2016, and the highest rating for the past nine months of the

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ARI Media

Sep 26, 2016
3 min

A Shock to the Oil Market This Week

Members of OPEC are scheduled to meet with Russia in Algiers on Wednesday to once again discuss a coordinated effort to stabilize the oil market. That meeting marks OPEC’s third attempt this year to discuss stabilizing actions, which thus far have ended in failure. Because of those past failed attempts, the market does not expect any action next week. In fact, just two of the 23 analysts surveyed by Bloomberg expect any agreement. However, while the market is discounting any

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ARI Media

Sep 21, 2016
1 min

The Lowest Rates to S. America, Africa, and Asia.

When you know you've found a great deal, it feels amazing. At ARI, we now offer the lowest rates to South America, Africa, and Southeast Asia for everything from cars and boats to heavy machinery and textiles. Call us or request a free online rate quote today and learn how much you could be saving! #ARIShippingCorp #shipping #logistics #transportation #cargo #freight #SouthAmerica #SoutheastAsia #Africa #freightforwarder #textiles #heavymachineryshipping #heavymachinery #mach

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ARI Media

Sep 21, 2016
1 min

Two Oil Tankers Collide Near Belgium

Two oil tankers suffered little damage after they collided in the morning hours of September 21, according to Belgian Maritime Rescue and Coordination Centre (MRCC). The vessels in question are the 50,215 dwt Ridgebury Katherine Z and the 73,334 dwt Maistros, both built in 2009. The cause of the incident, which occurred in the Belgian part of the Noth Sea some 30 km off the coast of Ostend, is still unknown, according to the authority. An investigation into the sequence of ev

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ARI Media

Sep 9, 2016
3 min

Arctic Shipping? Still a Dream

For centuries, a harsh climate and ice-choked seas dashed the dreams of sailors attempting to cross the Canadian Northwest Passage between Asia and Europe. Now, thanks to climate change and reduced ice cover, the trip isn’t nearly so daunting. Last weekend, the Crystal Serenity, a luxury cruise ship, carried a record thousand-plus passengers and crew through the passage. Next year, it’ll do the same. Does this mean that the age-old vision of a time-saving, money-making Arctic

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ARI Media

Sep 9, 2016
4 min

Reducing Costs with Smart Maintenance

Increasing complexity and shrinking margins are forcing the maritime industry to focus on cost awareness. But with the fuel prices at an all-time low, it has become increasingly hard to save expenses in this area. In order to continue realizing cost reductions, the industry is now turning to other methods of staying cost-conscious. Asset expenses, preventive maintenance and shore based management are the current topics that have the industry’s attention. As a result, the dema

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ARI Media

Sep 6, 2016
2 min

Lines Focus More On Flexibility

Container lines have shifted their focus towards alliance structures for operational efficiency, rather than relying on large scale technological innovation, according to research and consultancy firm Maritime Strategies International (MSI). With container lines continuing to seek cost savings, MSI Analyst Jamie Seneviratne said that any equipment manufacturer looking to drive innovation must consider how vessels employing their systems can be compatible with other ships oper

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ARI Media

Aug 30, 2016
2 min

Container Shipping: Bottoming Out

Carriers have withdrawn extremely low spot market freight rates on some, but not all, routes. Drewry’s Global Freight Rate Index, a weighted average of spot container freight rates across all major routes except intra-Asia, swung back in July by 13% to reach $1,403 per 40ft box. The global spot rate index had dropped to an all-time low of $1,113 per 40ft container in April. The 26% jump in the global rate index between April and July follows the recent tendency of ocean carri

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