Insurance broker Marsh MMC.N, Lloyd's of London insurers and Ukrainian state banks have launched a programme to cut the cost of claims for damage to ships and crew transporting grain through the Black Sea corridor, Marsh said on Wednesday.Kyiv…
Maritime players plotting pathways to data collaboration with digital projects in line with new BV-backed research study.Digital technologies are increasingly being leveraged by shipping players to facilitate data collaboration among different actors in areas like ship design…
The animal cruelty charges that were brought against livestock export company Emanuel Exports have been dropped by prosecutors in Perth, Australia.Around 2,400 sheep died on the Awassi Express (subsequently renamed the Anna Marra) on a voyage from Fremantle to the Middle East in August 2017…
Bolloré Logistics announced Jean-Baptiste Rambaud has been appointed as CEO of Bolloré Logistics Middle East.Based in Dubai, he will work toward the development of the region. He also aims to launch new projects to drive the company’s growth in several key sectors such as aerospace…
A new direct freight rail service connects the Port of Barcelona with the French cities of Toulouse and Lyon. The container service, created by the companies APM Terminals Railways Spain, Synergy and Naviland Cargo, located at the BEST railway terminal…
Egypt is expected to resume exports of liquefied natural gas (LNG) in December or January as domestic demand declines during winter and as it receives more gas from Israel, an executive at Italy's ENI said on Tuesday.'Consumption in Egypt is reducing and we would expect by December…
DP World Australia, one of the country's largest ports operators, said on Monday operations had resumed at all its facilities after a cyber security incident forced it to suspend operations for three days.The breach had crippled operations at the company…
Fincantieri announced on Monday it has reached a deal that will allow it to expand its shipbuilding footprint in the port of Ancona.The Italian shipbuilding company said it has signed a program agreement with the Port System Authority of the…
The Australian government on Sunday described as 'serious and ongoing' a cybersecurity incident that forced ports operator DP World Australia to suspend operations at ports in several states since Friday.DP World Australia, which manages nearly half of the goods that flow in and out of the country…
DEME announced it has won several capital and maintenance dredging contracts in India, the Maldives and Malaysia, worth €150 million-300 million combined.At Kakinada port in India, where DEME has frequently been performing dredging works, the…
German container shipper Hapag-Lloyd on Thursday posted a net profit of 3.2 billion euros ($3.43 billion) for the first nine months of 2023, down by 77% from a year earlier, and cut its forecasts for full-year earnings.Net profit was down from 13…
The president of Cyprus outlined a proposal on Thursday to open a maritime corridor to help deliver more aid to Gaza, a plan which he said could be operational quickly but which diplomats said faced challenges.Under the plan presented by President…
BIMCO’s Chief Shipping Analyst, Niels Rasmussen, has revealed that Greek and Chinese shipping companies now own 34% of the global fleet’s cargo capacity, with Greek owners leading on cargo capacity.“The global fleet of cargo carrying ships consists of around 61…
North Sea Port has won the European Sea Ports Organization (ESPO) Award 2023 in recognition of its role in restoring nature in and around the port area to the benefit of the citizens and local community.The port won the ESPO Award 2023 for its…
The Biden administration is working closely with partner countries over sanctions on a Russian liquefied natural gas project in the Arctic as a January deadline looms on a wind down of transactions with the plant, a State Department spokesperson said on Wednesday…