Latest News - page 323


US Retail Imports Grow at Record Pace Despite Pandemic

Dec 10, 2021

Imports at the United States’ major retail container ports are expected to end 2021 with both the largest volume and fastest growth on record despite supply chain disruptions brought on by the COVID-19 pandemic, according to the monthly Global…

Royal IHC Appoints Klaver CEO

Dec 10, 2021

Jan Pieter Klaver will start as CEO of Royal IHC on January 1, 2022, taking over from Gerben Eggink, who fulfilled the role of CEO on an interim basis for more than a year and a half. With Klaver Royal IHC is bringing in an experienced CEO from the maritime sector…

MacGregor Unveils New Heavy Lift Crane

Dec 10, 2021

MacGregor has launched a new fully electrically driven heavy lift crane (HCE) as part of a drive to introduce more environmentally sustainable products and solutions.The HCE design—a result of combining MacGregor and NMF’s experience in the…

Danelec Marine acquires KYMA

Dec 10, 2021

Danelec Marine A/S signed an agreement to acquire KYMA A.S., the Norway-based specialist in digital ship performance monitoring. The combined company will be a sizeable data collection solutions provider to the maritime industry with more than 10…

Seattle, Tacoma Ports Plan to Phase Out Maritime Emissions

Dec 09, 2021

The ports of Seattle, Tacoma and the combined container operations of The Northwest Seaport Alliance (NWSA) have adopted near-term implementation plans that guide emission reduction efforts for seaport-related activities.The Northwest Ports…

German Regulators Probe Sale of Maersk Container Maker to China's CIMC

Dec 09, 2021

Germany's Federal Cartel Office is taking a closer look into the planned sale of Maersk's refrigerated containers maker to China International Marine Containers, a spokesman for the office said on Thursday.The office has opened an investigation…

Cheniere Asks for More Time to Build Texas Corpus LNG Expansion

Dec 09, 2021

Top U.S. liquefied natural gas (LNG) exporter Cheniere Energy Inc asked federal regulators to extend the amount of time it has to build the proposed Stage 3 expansion at its Corpus Christi LNG export plant in Texas due to pandemic delays.When the U…

Paramount Maritime Appoints Connolly CEO

Dec 09, 2021

Paramount Group appointed Lee Connolly as CEO of Paramount Maritime Holdings, its naval and maritime shipbuilding subsidiary, based in Cape Town, Africa. Connolly held the position of CEO of Paramount Advanced Technologies, a Paramount Group company…

Incat Crowther Bags Deal to Design Hybrid-electric Ferry for New Zealand

Dec 09, 2021

Incat Crowther inked a deal to design an Incat Crowther 32 hybrid-electric ferry for Fullers360 of Auckland, New Zealand. To be built by Q-West, the ferry will be the designer’s sixth from the builder and will join 10 other Incat Crowther ferries in the Fullers360 fleet…

New Daily Container Freight Index Launched

Dec 09, 2021

Xeneta Shipping Index by Compass (XSI-C), EU Benchmark Regulation (EU BMR) compliant is ready for index-based contracting and derivatives  Xeneta and Compass Financial Technologies announced the launch of the Xeneta Shipping Index by Compass…

BIMCO appoints Rasmussen Chief Shipping Analyst

Dec 09, 2021

BIMCO has appointed Niels Rasmussen as its Chief Shipping Analyst who will take up his new role on January 3,2022.Most recently Rasmussen was Global Head of Research at Maersk Broker, a role he held for six years focusing on the main shipping segments…

Insurance Insights: Larger Vessels, Larger Exposures

Dec 09, 2021

The blocking of the Suez Canal by one of the largest container ships in service in the world – the Ever Given – in March 2021 caused huge delays to hundreds of vessels waiting to transit the canal, one of the biggest chokepoints on the critical East/West trade shipping route…

Nor-Shipping: The Show Must Go on Despite Restrictions

Dec 08, 2021

The organizers of Nor-Shipping said the maritime trade show will be held in January as scheduled despite new coronavirus restrictions enacted in Norway.New, temporary national restrictions have reintroduced one meter distancing guidelines and face masks…

USCG Says Sexual Assault Offenders Will Be Held Accountable

Dec 08, 2021

The U.S. Coast Guard on Tuesday issued a statement expressing its commitment to crack down on sexual assault offenders in the maritime industry.The statement comes as the Coast Guard, U.S. Department of Transportation's Maritime Administration…

CMA CGM Buys Part of Ingram Micro in $3 Billion Deal

Dec 08, 2021

France's CMA CGM said it had agreed to buy most of Ingram Micro's Commerce & Lifecycle Services (CLS) activities in a deal valued at $3 billion, adding this was aimed at accelerating the shipping group's push into end-to-end logistics.CMA CGM…

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