Egypt’s Suez Canal Authority said on Sunday it was increasing canal tolls by up to 10% for laden and ballast vessels, effective March 1.The decision was “in line with the significant growth in global trade, the improvement of ships’ economics…
The unique mix of data and digital solutions approach developed by safety culture specialist SAYFR has been given added momentum from the Nordic venture fund Corinthian Venture Partners (CVP).CVP has invested nearly $3m in SAYFR’s share issue to scale up SAYFR’s SaaS offering…
Data-driven operational efficiencies on existing ships will be necessary to achieve emissions cuts required to reach IMO targets. But a proliferation of new digital solutions in recent years has result-ed in an “overwhelming” software market that is difficult to navigate for shipowners…
IMO Secretary-General Kitack Lim issued the following statement regarding the crisis in the Ukraine and its impact on shipping and seafarers.'As the humanitarian crisis continues to unfold in Ukraine, I fully support and stand with UN Secretary…
At least 13 tourists were found dead and four remained missing after a boat capsized off Vietnam's central coast of Hoi An on Saturday, a city official said.'We are searching for the missing,' Nguyen Sinh, party chief of Cua Dai Ward in Hoi An City told Reuters…
Bay Ship & Yacht founders Bill Elliott and Alan Cameron step back, name Joel Welter CEO, Gerona Goethe General ManagerBill Elliott, who during a 45-year career catapulted Bay Ship & Yacht (BS&Y) from operating out of a single, mobile shipping…
StormGeo launched a new Carbon Intensity Indicator (CII) Dashboard that provides ship operators with the ultimate digital tool for calculating, reporting, and proactively improving the CII rankings of their fleet.The new CII Dashboard is a key addition to StormGeo’s software and services suite…
Imports of cement, steel, sugar and salt moving through the Port of Toronto and directly into the heart of Canada's largest city in 2021 surpassed 2.2 million metric tonnes for the 5th consecutive year. Bypassing trade gateways disrupted by the pandemic…
Cargotec and Konecranes on Thursday won EU antitrust clearance for their 4.5-billion-euro ($5 billion) deal to create a global leader in industrial machinery after agreeing to divest some businesses.The companies, which provide road and sea-cargo handling machinery and services to industries…
German logistics and transportation company Hamburger Hafen und Logistik (HHLA) is paying its 480 employees at the port of Odessa a month’s salary in advance so they can stock up on goods after the Ukrainian port was closed on Thursday.“HHLA…
Ukraine's military has suspended commercial shipping at its ports after Russian forces invaded the country, an adviser to the Ukrainian president's chief of staff said, stoking fear of supply disruption from the leading grain and oilseeds exporters…
The U.S. Department of Transportation’s Maritime Administration (MARAD) announced nearly $450 million in newly available grant funding for port-related projects through the Port Infrastructure Development Program (PIDP)—by far the largest investment in the program ever…
Eagle LNG marked a series of firsts when it fueled the 7,500-car carrier SIEM Aristotle from its Talleyrand LNG Bunker Station at the Jacksonville Port Authority (JAXPORT) in Jacksonville, Fla. It was the first time SIEM has refueled the vessel…
The U.S. Army Corps of Engineers’ Huntington District intends to award “Indefinite Delivery Indefinite Quantity Contracts for Design Bid Build Marine-Based Construction Projects” in the Rivers Districts of the Great Lakes and Ohio River Division…
In the last few months, the Army Corps has published requests for information about project labor agreements. A recent notice focuses on a coastal storm risk management project in Staten Island.The Corps seeks to 'gain knowledge of the use and…