In a statement submitted to the Special Tripartite Committee (STC) meeting held last week, SRI, the international pan-industry body researching maritime and seafarers’ law, called for more States to ratify the Maritime Labor Convention (MLC) to ensure a level playing field in the shipping industry…
Braemar signed a seven-year contract with the UK’s Ministry of Defence (MOD) to provide global shipbroking services across all commercial maritime sectors. Under the contract, Braemar will provide the MOD with access to its S&P, chartering and research departments across Braemar’s 14 global offices…
CGG announced today that Sercel, its Sensing & Monitoring division, has acquired Geocomp Corporation, specialized in high-value services and products for geotechnical risk management and infrastructure monitoring. This acquisition gives Sercel…
According to the latest crowd-sourced data from Xeneta, long-term rates for reefer containers on the key US West Coast to Far East route soared almost 60% in April.In its report Xeneta notes a surge in rates of around $2000 per 40-ft. unit after the latest 12-month contracts came to a close…
Moscow said on Thursday that sanctions on Russia would have to be reviewed if it were to heed a U.N. appeal to open access to Ukraine's Black Sea ports so that grain could be exported, according to an Interfax news agency report. Read full storyUkraine…
ClassNK certified NAPA Fleet Intelligence and NAPA Performance Monitoring and Optimization, developed by NAPA, as its Innovation Endorsement for Products & Solutions, after the solutions demonstrated support for saving fuel and optimizing voyages for Japanese shipowner Nissen Kaiun…
Wärtsilä said it completed delivery of its liquefied petroleum gas (LPG) fuel supply system (LFSS) to 15 very large gas carrier (VLGC) vessels owned and operated by BW LPG, which has the world’s largest fleet of VLGC vessels.BW LPG ordered the first four of these 15 systems in 2018…
Cargill has unveiled plans to build a new soybean processing facility located in Pemiscot County, Mo. near Hayti and Caruthersville to support growing domestic and global demand for oilseeds driven by food, feed and fuel markets. The facility…
Callan Marine's newest fleet asset, the 28” cutter suction dredge (CSD) General Bradley, was christened in Morgan City, La. on Tuesday. The General Bradley will immediately commence work at the Port Bolivar Ferry Landing for the Texas Department of Transportation…
Expedition cruising company Lindblad Expeditions will deploy Marine Learning Systems’ online training platform, MarineLMS, fleetwide, following a successful pilot period. According to Marine Learning Systems, online training at sea has always…
U.S. Treasury Secretary Janet Yellen said on Wednesday that COVID-19 lockdowns in China appear to be impeding the flow of goods and hampering global supply chains and a broader slowdown in growth in the world's No. 2 economy could have global spillover effects that warrant close attention…
Liebherr USA, Co. hosted visitors from across the globe at their first Customer Day on May 12. The company highlighted and demonstrated a diverse range of products across all ten segments including earthmoving, material handling technology, deep foundation machines…
Danelec Marine will roll-out out a digital upgrade across a fleet of 100+ vessels, following an order placed in March 2022. The ships will be connected to the DanelecConnect Cloud platform where a package of performance monitoring applications will unlock operational insight…
Between January and April, the number of containers full of cargo (export) fell by 12.72% and those unloaded (import) increased by 6.96%The geopolitical situation, the war in Ukraine, the increase in the cost of energy and the shortage of raw materials are weighing down export activity…
Liberty Green Logistics LLC, (Lake Success, NY) formed an offshore wind supply chain consortium to provide 'Factory to Farm' logistical support and integrated supply chain services to the U.S. offshore wind industry. The consortium is on a non…