Latest News - page 345


PROFILE: Boat-Building Icon Leon Slikkers Retires from Tiara Yachts

Sep 09, 2021

In a career that began with building wooden runabouts, Slikkers pioneered sport, sail and pleasure boats..Leon Slikkers, a marine industry pioneer, whose career building boats dates back to the 1940s, is retiring from Tiara Yachts, the company announced…

Asian Crop Importers Brace for Delays After Ida Hits US Export Hub

Sep 08, 2021

Asia’s grain and oilseed buyers are set to face shipping delays of at least one month after Hurricane Ida damaged key export terminals around the U.S. Gulf Coast, two traders and one miller said. The slowdown in supplies is likely to stoke food inflation fears for price-sensitive consumers in Asia…

Vaccine Inequalities and Supply Chain Woes Threaten Global Recovery -BIMCO

Sep 08, 2021

Unequal vaccine distribution has put a stopper in the recovery in parts of the world, adding to supply chain disruptions and slowing growth even in countries protected by higher vaccination rates, says shipping trade organization BIMCO. In a globalized world…

Peter Sand Joins Xeneta as Chief Analyst

Sep 08, 2021

BIMCO's longtime chief shipping analyst Peter Sand is departing the trade organization to take up the chief analyst role at ocean and air freight rate benchmarking, market analytics platform and container shipping index Xeneta, the Olso-based company announced on Wednesday…

Port of New Orleans Resumes Containership Operations After Hurricane Ida

Sep 07, 2021

Container vessel operations resumed at the Port of New Orleans on Tuesday, nine days after Hurricane Ida made landfall in southeast Louisiana as a category 4 storm.The first two ships worked at the Napoleon Avenue Container Terminal were the…

New Deputy Port Directors at Port of Brownsville

Sep 07, 2021

In August, the Port of Brownsville announced the appointment of two new deputy port directors effective August 9, 2021.Melinda Rodriguez is the deputy port director of administration and will oversee the port’s Human Resources, Real Estate Services…

China's August Exports Surprisingly Strong

Sep 07, 2021

China’s exports unexpectedly grew at a faster pace in August thanks to solid global demand, helping take some of the pressure off the world’s second-biggest economy as it navigates its way through headwinds from several fronts.The Asian giant…

Baltic Dry Index Slides to Three-week Low

Sep 07, 2021

The Baltic Exchange's main dry bulk sea freight index dropped on Tuesday to its lowest since mid-August, as demand eased across all vessel segments.The overall index, which factors in rates for capesize, panamax, supramax and handysize vessels…

Exploring All Too Real Maritime Risks

Sep 07, 2021

The 11th Annual Maritime Risk Symposium: A Virtual Event Exploring All Too Real RisksThe past year has been as impactful for the world’s maritime transportation xystem as it has been for the rest of society. From the Suez Canal to the Arctic and beyond…

New Maritime Equipment Supplier Nordic Fender Opens for Business

Sep 07, 2021

Norwegian company Fonna Vekst announced it has formed a new maritime equipment supplier called Nordic Fender.The Husnes-headquartered firm offers products in ship and port fendering as well as equipment for transferring liquid cargo between ships…

ADQ Plans to List Abu Dhabi Ports on the Stock Exchange

Sep 07, 2021

State-backed holding company ADQ said on Tuesday it plans to list Abu Dhabi Ports Co on the Abu Dhabi Securities Exchange (ADX) before the end of the year.The proposed listing of a portion of existing shares is expected before the end of 2021…

Fincantieri Cuts First Steel for Princess Cruises New LNG-powered Ship

Sep 07, 2021

Italian shipbuilder Fincantieri has cut first steel for the first of two LNG-powered cruise ships being built for Princess Cruises, a Carnival Corporation brand.The steel cutting ceremony took place last week in San Giorgio di Nogaro (Udine) at Centro Servizi Navali…

Ammonia Bunkering Terminal Project Gets Large Governmental Grant

Sep 03, 2021

Azane Fuel Solutions’ first project “Ammonia Fuel Bunkering Network”, which will build a green ammonia bunkering terminal has received confirmation that it will be granted NOK 89 million (EUR 8,600,000) through the Norwegian Green Platform Initiative…

Baton Rouge, New Orleans Ports Reopen After Ida, Key Oil Hubs Remain Shut

Sep 02, 2021

Most ports along the U.S. Gulf Coast had reopened on Thursday following lengthy closures from Hurricane Ida, which lashed southern Louisiana with 150-mile-per-hour winds that caused extensive infrastructure damage and floods.Two of Louisiana’s main ports…

More Grain Terminals Found Damaged by Ida, Exports May Stall for Weeks

Sep 02, 2021

Grain shippers on the U.S. Gulf Coast reported more damage from Hurricane Ida to their terminals on Wednesday as Cargill Inc confirmed damage to a second facility, while power outages across southern Louisiana kept all others shuttered.Global grains trader Cargill Inc said its Westwego…

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