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…
Italian shipbuilder Fincantieri on Monday announce the float out of EXPLORA I, the first of four luxury cruise ships ordered by the Cruises Division of MSC Group for its new luxury brand Explora Journeys. The float out took place at Fincantieri’s shipyard in Monfalcone…
Tokyo Kisen Co on May 26 held a naming and launching ceremony of the electric tugboat Taiga, built at Kanagawa Dockyard Co., Ltd in Japan.The Taiga is powered by an electric propulsion system that combines e5Lab-developed large-capacity lithium-ion batteries and a diesel engine…
Italian Prime Minister Mario Draghi and Ukraine's president, Volodymyr Zelenskiy, discussed ways to free up exports to tackle the food crisis that is threatening the world's poorest countries, Draghi's office said on Friday.Russia's blockade of Ukrainian ports has prevented shipments of grain…
ION Geophysical Corporation announced its climate-smart, digital platform, Marlin SmartPort, has successfully fulfilled its role to help monitor greenhouse gas emissions in the Data-Led Emissions Management (D-LEMA) project.The D-LEMA project…
Members of the North and Standard Clubs have voted to approve the merger between the two marine insurance firms, creating one of the largest providers of mutual cover in the maritime industries.The P&I clubs, which revealed plans to merge earlier this year…
Norway’s Hammerfest liquefied natural gas plant has resumed operation as planned and is preparing to restart LNG production, a spokesperson for operator Equinor told Reuters on Friday.The plant has been offline for 20 months following a fire in September of 2020…
Ukraine is desperately trying to export its vast stores of grain by road, river and rail to help avert a global food crisis but has no chance of hitting its targets unless Russia's blockade of its Black Sea ports is lifted, a government official said…
San Marino Ship Register said it has hired Rear Admiral Giovanni Greco to develop institutional relations and national maritime legislation.A graduate of the Genoa Nautical Institute, R. Adm. Greco’s career started on board merchant ships in Europe…