French shipping company CMA CGM has tapped VIKING Life-Saving Equipment to supply the HydroPen drilling and spraying solution for container firefighting duties on board 85 of its vessels.Where conventional firefighting solutions dowse containers on the outside…
The construction of a new inland port at the confluence of the Mississippi and Ohio Rivers took another step forward on Tuesday as the Alexander Cairo Port District completed a project labor agreement (PLA) with the Illinois AFL-CIO. The project…
Frustrated by the lack of progress and slow pace of international efforts, ship management trade group InterManager said it will work separately to obtain COVID-19 vaccines to protect the world’s more than 1.5 million seafarers and thereby keep international trade routes open…
Shipping group Maersk lifted its full-year forecasts after a strong first-quarter performance driven by high demand which has led to supply bottlenecks and higher freight rates.Shares in Maersk rose 5% in early trading.Maersk raised its outlook for underlying earnings before interest…
On May 2, Tina Benjamin-Lea will take up the position as new COO in Svitzer’s AMEA region, reporting to Svitzer AMEA’s managing director, Nicolai Vinther Friis. Benjamin-Lea brings with her a wealth of experience within logistics after having worked for more than 30 years in the industry…
APM Terminals Pipavav said it has secured CI1 (China-India Express) service operated by Cosco/OOCL. The weekly service to the Port Pipavav in India will carry Freights of all kind (FAK) for import and export to the Far East region. The first vessel…
Ken Chapman has led as deep and as broad of a maritime and offshore life as possible, an accrued experience and knowledge including being part of the team that had to coordinated during one of the offshore oil and gas industry’s worst disasters ever: the Piper Alpha…
Dockworkers at Canada's second largest port on Monday began their second strike in less than a year, as business leaders urged Ottawa to quickly end a walkout they said could cost the economy C$25 million ($20 million) a day.The federal Liberal…
Abu Dhabi Ports has hired banks to arrange an issuance of 10-year U.S. dollar-denominated bonds, which it will use for general corporate purposes, a presentation for investors seen by Reuters showed on Monday.Citi, First Abu Dhabi Bank and Standard Chartered will act as joint global coordinators…
The Baltic Exchange's main sea freight index on Monday drifted up to its highest since September 2010, as an uptick in rates for the larger capesize segment offset a drop in panamax vessel demand.The Baltic dry index, which tracks rates for capesize…
The head of the Suez Canal Authority (SCA) said on Monday he hoped talks would soon yield an agreement with the owner and insurer of a giant container ship which is still being detained since it blocked the waterway for six days last month.The…
There are not many of the leading edge subsea processing projects Rune Mode Ramberg has not been involved in at some level. The list includes Tyrihans subsea pumping, Tordis subsea separation, studies on the Ormen Lange subsea compression project…
The d'Amico Group announced Cesare d'Amico has taken over as chief executive officer of the Italian shipowner's dry cargo business unit.Cesare d'Amico, who already serves as CEO of d'Amico Società di Navigazione SpA, has always been directly…
Russia's largest independent natural gas producer PAO NOVATEK announced Friday that the annual general meeting of shareholders (AGM) approved the election of members to the board of directors.The following members were elected to the board of directors:Andrei I…
UK P&I Club, an insurer of the Ever Given cargo ship which ran aground in the Suez Canal in March, said on Friday it had filed an appeal in an Egyptian court over the detention of the vessel by authorities.The Ever Given has been anchored in…
