WTW has launched CyNav for Ports and Terminals, a cyber solution specifically designed to help address the escalating cyber risks faced by owners and operators in this strategically vital sector of the global maritime supply chain. The…
The Port of Oakland Turning Basins Widening Study reached a key milestone with the port's release of a Notice of Preparation (NOP) to begin an environmental review per the California Environmental Quality Act (CEQA), on May 31, 2022.“This is…
The Helen Delich Bentley Port of Baltimore will receive $15.6 million from the Federal Railroad Administration (FRA) Consolidated Rail and Infrastructure Safety Improvements (CRISI) program for its Rail Capacity Modernization Project. The Project…
A Singapore trade data sharing platform backed by banks, commodity houses and state firms has signed up 70 participants as part of the city-state's attempts to bolster confidence after a spate of commodity trade finance frauds in recent years…
Wilhelmsen acquired an additional 24% of shares in NorSea to secure 99% ownership of the Norwegian supply base company.NorSea, a provider of logistics services to the offshore industry for more than 60 years, first welcomed Wilhelmsen as one of the owners in 2012…
Norwegian technology provider HAV Group ASA has received preliminary approval from DNV for its hydrogen-based energy system for cruise ships.The system uses liquefied hydrogen storage and fuel cells and was created as part of the FreeCO2ast project…
Blue World and Tuco have agreed to develop and demonstrate a flexible methanol fuel cell solution for electric workboats. The Blue World methanol fuel cell technology is designed to provide a green alternative to the maritime industry and depending on boat type…
Anglo-Eastern Univan Group and the shareholders of Cruise Management International and CMI Leisure Management have signed a letter of intent regarding the sale of CMI to Anglo-Eastern. The move effectively opens up a new sector—expedition cruising—for Anglo Eastern's ship management operations…
A ship has left the Ukrainian port of Mariupol for the first time since Russia took the city and is headed east to Russia with a load of metal, the Russian-backed separatist leader of the Ukrainian breakaway region of Donetsk said on Tuesday…
The ongoing sub-continent collapse in prices fully materialized this week, with all sectors talking down the market and refusing to offer anew on any fresh tonnage whilst they wait for markets to stabilize. As the Ukraine conflict endures, fundamentals…
U.S. Commerce Secretary Gina Raimondo said on Tuesday the Biden administration is actively considering adding new Chinese companies to the government's economic blacklist as it investigates what it calls efforts by China to evade U.S. sanctions…
Jordan's only container port on the Red Sea has been capturing traffic to Syria, Israel and the West Bank as higher ocean freight costs give it an edge over closer but heavily congested Mediterranean ports, its CEO said on Tuesday.Crises from…
A first-of-its-kind emissions-free push boat has been christened and delivered in Germany.The unique and innovative vessel, Elektra, was built over the course of nearly 2.5 years at Hermann Barthel GmbH in Derben and features battery-electric…
A.P. Moller-Maersk's towage operator arm Svitzer on Tuesday announced its commitment to become fully carbon neutral by 2040.The Denmark based company said it will am to reduce the CO2 intensity of its entire fleet by 50% by 2030, paving the…
Galveston-based Callan Marine possesses one of the youngest, most powerful dredge fleets in America. “Our oldest dredge is 11 years old, so we have a nice modern, new fleet, which really helps us in our performance,” said the company’s president…