Australia's Port of Newcastle has signed a A$515 million ($398 million) loan with National Australia Bank (NAB) that links interest payments to non-mandatory social and environmental targets, the companies said.The world's largest coal port will pay less if certain targets are met…
The pilot channel connecting the Bahia Grande tidal basin and the Brownsville Ship Channel will be closed until the Fall for major enhancements to increase tidal exchange and restore the Bahia Grande as a major fish, wildlife and waterfowl nursery…
Crowley Maritime Corp. awarded Thomas B. Crowley Sr. Memorial Scholarships to Great Lakes Maritime Academy (GLMA) cadets Tristan Barnett and Jackson Dagata for their achievements and interest in maritime careers.Named in honor of former Chairman and Chief Executive Officer…
Australia is reviewing the 99-year lease of a commercial and military port in the country's north to a Chinese firm, a government source said on Monday, a move that could further inflame tensions between Beijing and Canberra.Australia overhauled its foreign investment laws late last year…
Striking dockworkers at Canada's second-biggest port will gradually return to work on Saturday, the Montreal Port Authority (MPA) said, after the federal government passed a law to end the walkout.Late on Friday, the Canadian government passed back-to-work legislation to halt the strike…
German shipping and logistics group Harren & Partner announced it has hired Nils Aden as managing director, effective May 1.Aden brings to the role more than two decades of know-how as a shipping industry executive in the industry, with experience…
A Singapore prosecutor filed 23 additional forgery-related charges on Friday against Lim Oon Kuin, the founder of collapsed oil trading firm Hin Leong Trading Pte Ltd.Last year, police had charged the 79-year-old former oil tycoon, better known as O K Lim…
French container shipping company the CMA CGM Group announced on Friday it has ordered 22 vessels from Chinese shipyard CSSC Group expected to be delivered in 2023 and 2024. The value of the order was not disclosed.The shipbuilding contract…
Three crew members aboard the cargo vessel that blocked global shipping in the Suez Canal last month will be allowed to return home, the ship’s manager said on Thursday.The Ever Given has been anchored in a lake between two sections of the canal…
The Biden administration faces a major dilemma in its dispute with the European Union over Trump-era steel and aluminum tariffs: back down to avoid acute pain for Harley-Davidson Inc and whiskey distillers or stick with the duties even though they are now exacerbating acute shortages for U…
The U.S. Centers for Disease Control and Prevention (CDC) is “committed” to the resumption of cruise industry passenger operations in the United States by mid-summer, the agency said on Wednesday, announcing new steps to speed approvals.The…
DP World, best known for operating ports around the world, has launched a wholesale e-commerce website that it hopes will become the global platform for businesses to buy and sell goods.The platform, Dubuy, aims to connect buyers and sellers…
CMA CGM's Intra-Asia short sea shipping arm CNC announced the addition of Semarang Express (SRG), Palembang Express (PLM) and Bangkok Express (BMT) to its services portfolio.The newly introduced SRG will call at the ports of Singapore and Semarang twice a week…
One of the quirks of Asia's seaborne coal market is that volumes have held up remarkably well, despite the fuel being demonized for its role in climate change and the rising number of countries and companies spurning it.At least, that was the case for the past several years…
Mads Hjelmeland is passionate about subsea processing. It’s a subject close to his heart in his role as managing director, Processing Systems, OneSubsea. But it’s more than just a recovery enhancing technology to Mads. Subsea processing is central…