Marine terminal operator Carrix announced it has agreed to purchase Ceres Terminals from Macquarie Infrastructure Partners III, a fund managed by Macquarie Asset Management. Financial terms of the transaction were not disclosed.Ceres was established…
Evac Group appointed Björn Ullbro CEO effective July 1, 2023, taking over alongside his current role as the President of Evac Business Line. With more than a decade of experience in the maritime industry, Ullbro has brought a wealth of knowledge to Evac Group after joining the company in late 2021…
The Panama Canal will postpone depth restrictions that were set to affect the largest ships crossing the key waterway, the canal authority said, after much-needed rain provided relief to the strained maritime passage.A series of measures were…
On 26 June, the International Transport Workers’ Federation (ITF) and the World Maritime University (WMU) launched a flagship report entitled, Transport 2040 - Impact of Technology on Seafarers - The Future of Work, during the International…
The House Committee on Appropriations approved by a vote of 34-24 the Fiscal Year (FY) 2024 Energy and Water Development (E&W) Appropriations Bill. Included in the bill are Community Project Funding (CPF) requests for Inland Waterways Trust Fund (IWTF) construction projects…
It's nearly 45 years since the tragedy on the ANCO Duke where seven crew died at the bottom of the tank they were cleaning. “I was working on chemical tankers then. All the crew felt this terrible loss of life and took on tank entries with a heightened safety focus…
Yara Clean Ammonia (YCA) and Bunker Holding Group signed an MoU establishing the intention to collaborate to accelerate the development of the market for ammonia as a shipping fuel. This agreement connects two key elements of the supply chain…
The Board of Commissioners of the Port of New Orleans (Port NOLA) selected new officers with the election of Joseph F. Toomy to serve as Board Chairman, Walter J. Leger Jr. as Vice Chairman, and James J. Carter Jr. as Secretary-Treasurer for the nine-month term…
With the peak ocean freight cargo season approaching, the latest data from Oslo-based Xeneta shows mixed fortunes, and outlooks, for the two main Far East to Europe trade corridors.Xeneta’s analysis reveals that shippers opting for the Far East…
The U.S. Army Corps of Engineers is kicking off a five-year, $25 million 'mega-study' with the goal to help guide effective and practical management of the Lower Mississippi River.The Corps said the the study will help it to identify recommendations…
The Panama Canal will expand restrictions on the largest ships crossing the waterway, one of the world's busiest trade passages, the canal authority's administrator said on Wednesday, citing shallower waters due to drought.The measure follows…
The U.S. Army Corps of Engineers, St. Paul District, and Minnesota Department of Natural Resources plan to slightly lower the Mississippi River between Lower St. Anthony Falls and Lock and Dam 1, both in Minneapolis, starting June 24.Corps officials…
The Port of Oakland’s Board of Port Commissioners recently agreed to purchase up to $13.5 million worth of geothermal energy over 12 years. Geothermal offers a clean, reliable and 100 percent renewable energy source that will be used by the Port and its tenants at the seaport and airport…
Egypt's Suez Canal Authority (SCA) is offering a 20% stake in a subsidiary company in line with a government drive to boost the private sector, but selling or leasing the canal is 'out of question', SCA head Osama Rabie said on Wednesday.Rabie…
In the maritime industry, seafarer safety and professionalism are critical to ensuring smooth operations and minimizing risks. As technical advancements continue to reshape every industry including ours, large language models like ChatGPT and…
