Global marine insurer provider North P&I Club has further strengthened its underwriting team with the appointment of a new U.K. based underwriter combined with some operational changes to a number of senior underwriting roles.Tom McLoughlin joined the team as an Underwriter last week…
Star Bulk Carriers announced that it has entered into a $310 million loan agreement, which includes a $70 million tranche (Green Loan Tranche) that will exclusively finance the procurement and retrofitting of scrubbers for up to approx. 50 vessels in Star Bulk’s fleet…
The Port of Long Beach closed out the 2018 fiscal year having handled 8,000,929 twenty-foot equivalent units (TEUs) during the previous 12 months, the most ever, representing a 10.7 percent increase over fiscal year 2017. The port's fiscal year is October 1 to September 30…
Chevron Corp wants to build or buy a refinery along the U.S. Gulf Coast to process crude oil from its rapidly growing Permian Basin operations, a senior executive said on Tuesday.The company would like to have refining operations on the Houston Ship Channel…
By Michael Manuel, Associate Professor, Head - Maritime, Education and Training (World Maritime University);Murray Goldberg, President and CEO (Marine Learning Systems); and Greg Trauthwein, Editor & Associate Publisher (New Wave Media)The second…
In a joint initiative, the American Club and Seamen's Church Institute (SCI) have cooperated to produce a new guide, Caring for Seafarers’ Mental Wellbeing, due for release on October 10 in recognition of World Mental Health Day, 2018.The document…
Carnival Maritime GmbH has announced that Sandra Diana Bratland has been appointed Director, Destination Affairs for Carnival Group Norway, a new representative office in Bergen, as of October 1.“Norway is a strategic destination for Carnival’s Brands…
Webb Institute, a four-year college specializing in naval architecture and marine engineering, has announced that the 2018-19 academic year recipients of Crowley Maritime Corporation’s Thomas B. Crowley Sr. Memorial Scholarship are Taylor Campbell (Class of 2019) and Reneé Tremblay (Class of 2020)…
AP Moller - Maersk has launched India-focused OceanPro, a 120-day accelerator program to give shipping and logistics startups an opportunity to partner with Maersk to bring innovative technology solutions to ease the global supply chain for…
Shipments of iron ore from U.S. ports on the Great Lakes totaled 5.9 million tons in September, a decrease of 5 percent compared to a year ago, the Lake Carriers’ Association reported.However, shipments did outpace the month’s five-year average by 4…
Belgian dredging, environmental and marine engineering group Dredging, Environmental and Marine Engineering NV (DEME)'s Board of Directors announced that with effect from January 1, 2019 Luc Vandenbulcke will succeed Alain Bernard as the company’s CEO…
The latest stage of a GBP 50 million (USD 65.44 mln) expansion of automotive trade at the ABP-owned Port of Southampton has begun, said a press release from the port.Work on the latest GBP 15 million multi-deck storage facility in the Eastern Dock will take 9 months and will create 3…
New calculations indicate that last year's trade agreement between the EU and Canada, the CETA agreement, has had a positive impact on trade between the continents and significantly increased exports from the EU to Canada. Shipping companies feel the effect of this…
The Austrian petrochemical company Borealis has announced that it is to build a new production plant on its existing site in Kallo, in the Antwerp port area.According to a press release, the propane dehydrogenation (PDH) plant will use the very…
The Port of Rotterdam Authority and Rotterdam Polymer Hub (RPH) signed an allocation agreement regarding a site for two halls for the storage and distribution of polymers.RPH will be the first logistics node in the Rotterdam port area to focus exclusively on the storage of polymers…