Crowley announced Friday that the company has fully integrated Jensen Maritime into the Crowley Engineering Services group, a group designed to seamlessly combine Crowley’s diverse business portfolio with Jensen’s marine engineering and naval architecture experience…
Recent cyber attacks to the US Government, the IMO, Maersk, amongst others has caused the world to pay attention to criminal cyber activities by foreign states, terrorists, and criminals. The cyber attack against CMA CGM shut down services for close on two weeks…
NAVTOR continues to evolve its eNavigation solutions with the acquisition announced today of Tres Solutions, a 5-year-old Houston-based tech start up that specializes maritime software and analytics, a natural fit for NAVTOR as it pushes to…
With historically high freight rates, fleet utilization and demand, there is no end in sight for the red-hot containership market.Container shipping giant Hapag-Lloyd CEO Rolf Habben Jansen candidly said “nobody saw this coming” as “we’ve seen a spending shift from services to goods”…
Freight volumes in the Port of Rotterdam fell 6.9% in 2020 because of the coronavirus crisis, the biggest drop in about a decade but smaller than had been expected, Europe’s largest sea port said on Friday.The port's Chief Executive Allard Castelein…
Container shipping firm Hapag-Lloyd said surging demand for bulky goods like exercise equipment from locked-down consumers may flatten out in the second or early third quarter, helping to ease disrupted shipping logistics.'Things will normalize…
In early 2021, the somber news from the cruise sector continued. For some cruise brands, their own version of “lockdowns” will have spanned an entire year. By late January, 2021, Carnival and others were hesitantly pegging their restarts for April/May 2021…
A new approach to safety is necessary along the maritime industry's rapid transition to a decarbonized, digitally smart future, says classification society DNV GL in a new white paper released this week, and as discussed on Maritime Reporter TV with Knut Ørbeck-Nilssen…
The Port of Los Angeles and cargo shipping lines are diverting some ships to other West Coast ports as a six-month import surge strains capacity at the busiest gateway for ocean trade in the United States.Container lines such as Hapag Lloyd…
The Baltic Exchange's main sea freight index rose to its highest in over three weeks on Wednesday as demand for capesizes rebounded and rates for the panamax vessel segment scaled ten-year highs.The Baltic dry index, which tracks rates for capesize…
HDR has named transportation industry leader Tom McLaughlin, P.E., president of its global transportation program. McLaughlin succeeds former President Brent Felker, who retired at the end of 2020.McLaughlin, an executive vice president at HDR…
All Thome Group seafarers will now have access to a wide range of digital payment solutions, including crew payroll payments, international remittances, money transfers, mobile tops-ups, payroll advances and onboard expenses.Maritime Payment Solutions…
The Baltic Exchange's main sea freight index surged to its highest since late January on Tuesday as forward-looking market sentiment lifted capesize rates, and smaller vessel segments continued to firm.The Baltic dry index, which tracks rates for capesize…
Germany's Hapag-Lloyd sees its first-quarter operating profit more than tripling to at least 1.5 billion euros ($1.81 billion) thanks to strong demand for container transportation amid the coronavirus pandemic, it said on Tuesday.The company…
Bulgarian authorities have seized 401 kilograms of heroin hidden in containers on a ship that arrived at the Black Sea port of Varna from Dubai, the prosecutor’s office said on Tuesday.Customs officers found the heroin divided among nearly 500 packages stashed inside bitumen roofing rolls from Iran…