Shipping association BIMCO is encouraging states and the industry to start a dialogue on how to create a global ruleset for market-based measures (MBM) to support the use of low carbon fuels and to create a level playing field for the industry…
The Maryland Department of Transportation Maryland Port Administration (MDOT MPA) announced release of the federally approved Environmental Assessment for the project to reconstruct the CSX-owned, 126-year-old Howard Street Tunnel in Baltimore…
The Baltic Exchange's main sea freight index gained on Tuesday, snapping a four-session run of losses, helped by stronger rates in the capesize and panamax vessel segments.The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities…
Frank Morneau, former Commander of Navy Expeditionary Combat Command (NECC) has joined ThayerMahan, Inc. as Special Advisor for unexploded ordnance (UXO) and munitions and explosives of concern (MEC). Morneau is a leading authority on the management…
German shipping company UPT United Product Tankers GmbH & Co. KG said Matthias A. Schoeller has been named co-managing director, succeeding Stefan Ciegelski who will retire by the end of June.Schoeller, having worked as the company's chartering manager for the last 10 years…
OneOcean appointed Adam Pang as the company’s new Chief Commercial Officer.Pang has an extensive background in disruptive technology and holds specialist knowledge in complex software as a service (SaaS) solutions. With more than 20 years of experience in high growth B2B environments…
Liebherr Container Cranes delivered a ship to shore (STS) container crane to Terminales Maritimas Del Sureste S.A (TMS) in the Port of Alicante, Spain.The crane has an outreach of 46.9 m, a span of 15.24 m, and a lift height of 36 m with a SWL of 50 tonnes under single lift spreader…
Galveston, Texas-based dredging contractor Callan Marine said it has hired Greg L. Harner as its new chief operating officer.A 36-year veteran of the construction and maritime industry, Harner brings experience in infrastructure development for deep-water seaports…
Satellite data company Spire Global Inc said on Monday it has agreed to go public through a merger with blank-check acquisition firm NavSight Holdings Inc at a $1.6 billion valuation.It is the latest example of a special purpose acquisition…
Cooperation strengthens chemical platform; underpins strategy to operate more sustainable, non-fossil fuel cargoes Ardmore Shipping Corporation announced a new partnership with Carl Büttner, taking on the commercial management of four chemical tankers on behalf of the Bremen-based shipowner…
The Baltic Exchange's main sea freight index dipped to its lowest since mid-February on Monday as rates for the larger capesize segment fell for the eighth straight session.The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities…
Flensburger Schiffbau-Gesellschaft (FSG) has a new Head of Engineering as of March 1, 2021, when Volker Hesse takes over the job. Hesse (47) is a mechanical engineer who began his career around 20 years ago at Blohm & Voss shipyard in Hamburg…
Russia launched its space satellite Arktika-M on Sunday on a mission to monitor the climate and environment in the Arctic amid a push by the Kremlin to expand the country’s activities in the region.The Arctic has warmed more than twice as fast…
Crowley Maritime Corporation said senior executive Dan Warner has been promoted to chief financial officer, consolidating company’s enterprise-level financial strategy, resources and services under his leadership. Warner has served as senior…
Hedge funds have reduced their position in petroleum futures and options for the first time in 16 weeks, the first weekly net sales since the first successful coronavirus vaccine trials were announced in early November.Hedge funds and other…