Ports are economic engines for the regions they serve, and the impact from business activities at the Port of New York/New Jersey runs as big as the area it serves: 46 million consumers in a four-hour radius. The port is an economic giant in and of itself…
The Baltic Exchange's main sea freight index, which tracks rates for capesize, panamax and supramax vessels, rose on Friday, buoyed by an uptick in demand for capesize and panamax vesselsThe Baltic index rose 14 points, or 1%, to 1,415.However…
New Zealand on Friday said it had introduced new requirements for the safe transport of livestock, after a cattle ship capsized in the East China Sea last month, killing almost all its crew and thousands of cows.Only two of the 43 crew members and more than 6…
On October 22, NYK signed a sales and purchase agreement with France's Total acquiring all of the company’s shares in the ship management company, Gazocean. Based in Marseille, France, and responsible for the management of six LNG carriers, Gazocean is now a wholly owned subsidiary of NYK…
Today the Suez Canal Authority (SCA) and Royal IHC (IHC) launched cutter suction dredger (CSD) Hussein Tantawy at IHC’s shipyard in The Netherlands.Hussein Tantawy is one of two vessels currently under construction at IHC for SCA. Its sister vessel…
Great Lakes Dredge & Dock Co. announced Thursday it is moving its corporate headquarters to Houston, positioning the nation’s largest dredging services provider nearer to major regional projects and opportunities. The firm will also open regional offices in Jacksonville…
Grappling with slowed business levels caused by the ongoing pandemic, Arkansas' Port of Little Rock reports September was its best month since April of this year.Activity levels at the port's docks increased with 29 barges worked; 21 at the slackwater dock and eight at the river dock…
Fire safety has become a major concern in the container shipping industry, in particular, with vessels of 20,000-TEU and more entering the market. A fire in just one container can have catastrophic implications for the whole of the cargo. The…
The U.S. Federal Maritime Commission voted to grant the temporary relief sought by CMA CGM from certain service contract and tariff filing requirements following last month's cyber attack affecting the carrier's servers.Earlier this month, the…
Israeli shipping firm Zim said on Wednesday it would start to offer direct service to Jebel Ali port in the United Arab Emirates (UAE).With its new line, Zim joins a number of international rivals—including MSC, Maersk—to announce they would…
GCube, an insurer for renewable energy projects, hired three new underwriters for its offshore wind team, including Joshua Cantwell, formerly of Talbot Underwriting, and Zoe Massie, formerly of Allianz Global.The appointments come alongside a number of new hires in the U…
Freight volumes in the Port of Rotterdam improved in the third quarter after the deep slump caused by the coronavirus pandemic in the first half of the year, Europe's largest sea port said on Wednesday.Throughput of agribulk, iron ore, biomass…
Gregory Darling and Applied Satellite Technology (AST) works with shipowners to help them use their bandwidth more efficiently for ship business and crew needs.When Gregory Darling, Group MD, AST, worked in the marine industry in the 1980s with a marine survey company…
Lawhill provides secondary-school students in Grades 10 to 12 with a specialized education and knowledge that prepares them for entry into maritime and related industries. For more than two decades, the industry-funded program has greatly improved…
The Duluth City Council last week appointed Tyrone Walker to the Duluth Seaway Port Authority Board of Commissioners. Walker, an ironworker with Lakehead Constructors and Ironworkers Local 512, succeeds Norm Voorhees, whose final term on the board concluded in early October…
