The government of Maine has selected a section of state-owned area on Sears Island as its preferred site for a port facility development that will support the floating offshore wind industry.The selection of the site, announced by the Governor of Maine Janet Mills…
A global alternative investment firm Strategic Value Partners has entered into agreement with Hornblower Group to acquire the majority ownership of the company in exchange for significant equity investment. As part of the agreement, Crestview Partners retained minority ownership in the business…
Manta Marine Technologies, formerly known as Yara Marine Technologies (YMT), unveiled its new brand and leadership team, following its recent acquisition by Geneva-based Okapi Supply Trading Advisory SA.The Manta Marine Technologies team will now be led by CEO Ina Reksten…
Dorian LPG, International Seaways Ship Management LLC, Poten & Partners, d’Amico and TEN Ltd. all confirmed for the CMA Shipping 2024 Commodores’ Debate rounding off three days of thought-leading content from March 12-14 in Connecticut.A highlight of the Stamford-based show…
Chinese state-owned CNOOC has received government approval to build a second berth at its LNG receiving terminal in Yancheng in eastern Jiangsu province, according to a statement from the Shanghai Petroleum and Natural Gas Exchange on Tuesday…
African Heads of State have agreed a landmark moratorium on the donkey skin trade. The agreement was reached on February 18 during the 37th African Union Summit in Ethiopia.Over the last decade, Africa has seen its donkey population decimated due to Chinese demand for ejiao…
Cammell Laird has secured a £2 million contract to build two mooring dolphins on the River Mersey for Stanlow Terminals.Stanlow Terminals is a division of Stanlow Oil Refinery operator EET Fuels. A mooring dolphin is a standalone structure that…
Uruguay's main port received two cargo scanners sixteen years ago to detect drugs and other suspicious loads. Unfortunately, during delivery one of them fell into the sea.Since then, cocaine shipments to Europe have surged through the port of Montevideo…
The maritime industry accounts for more than 90% of global trade and employs over 3 million people in the United States, and like other modes of transportation, our industry encounters unique risks. Waterfront workers are exposed to various hazards such as heavy machinery…
Intermodal Terminal Company (ITC) has ordered seven Konecranes Rail Mounted Gantry (RMG) cranes for its new Somerton terminal in north Melbourne, Australia.The delivery, scheduled to take place between April and September 2025, also includes seven Konecranes Remote Operating Stations (ROSs)…
Ocean Network Express (ONE) has launched a new route connecting Asia and the US West Coast: Asia Pacific 1 (AP1) as a result of sustained growth of US import volumes from Asia to the US.The AP1 service introduces direct routes from Taipei and Shekou to the U…
Swedish ferry operator, Stena Line has officially commenced its new Dublin – Liverpool (Birkenhead) freight service. The addition of the new route is expected to further boost the company’s freight volumes following a record year on its Irish Sea services in 2023…
As the IMO prepares for negotiations on regulations to support net-zero by 2050 at MEPC 81 in March, the World Shipping Council (WSC) has proposed a greenhouse gas pricing mechanism it calls the Green Balance Mechanism.The aim is to provide…
Battery-powered Öresundslinjen ferry notches up an environmental first with turnkey conversion and decontamination of soon to be outlawed PFAS/PFOS fire-fighting foam to an environmentally friendly alternative.Scanunit has carried out what it…
Ports of Stockholm, Port of Turku and Viking Line have formally entered into partnership to create a green shipping corridor between Turku and Stockholm, which will be fossil fuel-free by 2035 at the latest. The result will be a framework with…