Maritime Logistics Professional

Shipping Industry Goes Digital in Lockdown

The coronavirus lockdown has accelerated a digitalization drive in a global shipping and logistics sector that still routinely delivers many documents by bike messenger in some countries, according to industry leaders.Ports operator DP World said on Thursday it would join shipping company Maersk and

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Dr. Dirk Jürgens

Head of R&D, Voith Turbo Marine

Dr. Dirk Jürgens heads R&D at Voith Turbo Marine, a part of the family owned Voith conglomerate which employs more than 19,000 people in 60 countries. Voith Rudderpropellers were chosen as the propulsion system for the three new Staten Island Ferry vessels, and Dr. Jürgens discusses the evolution of the system.

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Q4 2019 - Short Sea Shipping Ports

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Port Logistics

Pangaea Takes Top Spot in Dry Bulk Benchmark Study

For the second year straight, US-based Pangaea Logistics ranks highest among dry bulk owners based on Time Charter Earnings (TCE), according to a recent market benchmarking report.Notably, the Rhode Island-headquartered shipowner's 53.7% TCE performance is well above Hong Kong's Pacific Basin Shipping Ltd.

Cruise

Daniels Tapped to Lead Port Everglades

Port of Gulfport (Mississippi) executive director Jonathan Daniels will move east and take the top spot as the Chief Executive & Port Director at Port Everglades, as announed by Broward County Administrator Bertha Henry. Broward’s seaport is a gateway for cargo, cruise and petroleum that is undergoing a $1.6 billion port expansion effort.

Intermodal

Will FMC's New Demurrage & Detention Rules Aid NVOCCs?

On April 28, 2020, the Federal Maritime Commission (FMC) released the long-awaited interpretive rules in Docket No. 19-05 relating to how ocean common carriers may lawfully apply demurrage and detention charges to exporters, importers and ocean transportation intermediaries, including…

Technology/ E-Commerce

President Trump Issues National Maritime Day Proclamation

In recognition of National Maritime Day, held on May 22 each year, President Donald Trump issued a proclamation honoring the U.S. maritime industry. The full text is below.Since the founding of our great Nation, we have relied on merchant mariners to deliver goods to market and strengthen our national security.

ENVIRONMENT & REGULATIONS

Shipping Plan Would Reel International Emissions into EU Carbon Market

The European Union's carbon market could capture a large chunk of emissions from outside Europe if the bloc succeeds in including shipping in the scheme, according to the European Commission's first report on maritime CO2 emissions.Pollution from ships plying international waters typically escapes countries' domestic emissions-cutting targets…

Company News

Pacific International Lines Secures Debt Deal

Singapore-based container ship operator Pacific International Lines Pte (PIL) has agreed with most of its financial lenders to defer debt payments and is in talks with a unit of Singapore state investor Temasek Holdings for a potential investment.PIL said in a statement on Tuesday…

Contracts

Crowley Signs Up to Inmarsat’s Fleet Xpress

Crowley Maritime Corp. has agreed a contract to install Fleet Xpress from satellite communications provider Inmarsat on a majority of its vessels.The 128-year old Florida-headquartered business owns, operates and manages a diverse fleet of close to 200 vessels, including conventional and dual fuel (LNG) containerships…

Products & Services

Interview: Steinar Nerbovik, President & CEO, Philly Shipyard

Philly Shipyard won a high-profile contract when TOTE Services awarded the deal to build up to five new ships, the National Security Multi-Mission Vessel (NSMV). We caught up with Steinar Nerbovik, President & CEO, Philly Shipyard for insights on the deal.While many companies globally fight to stay in business through the COVID-19 pandemic…