Petroleum facilities guards at Libya's eastern Hariga oil terminal have delayed the loading of a one million-barrel cargo as they press salary demands, the port's manager said on Wednesday.The guards at Hariga, where Mesla and Sarir grades are loaded…
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, climbed on Tuesday to its highest level since mid-October last year as rates for capesize and panamax vessels extended gains.The Baltic dry index…
The United States on Tuesday blacklisted a Chinese company that makes elements for steel production, 12 Iranian steel and metals makers and three foreign-based sales agents of a major Iranian metals and mining holding company, seeking to deprive Iran of revenues as U…
Karsten Sævik has been named managing director of the New Havyard Ship Technology AS (NHST) shipyard in Leirvik, Norway, replacing outgoing managing director, Erlend Hatleberg, who has chosen to seek new opportunities outside the Havyard Group…
Kongsberg Digital reports that the Maritime Academy of Asia and the Pacific (MAAP) has adopted its new K-Sim eLearning solution, as well as commissioning installation of a cutting-edge K-Sim Safety firefighting simulator at its premises in the Philippines…
The Isle of Man Ship Registry (IOMSR) has appointed Jonathan Kingdon as its first permanent representative in China.A well-known naval architect, experienced newbuilding project manager and Mandarin speaker, Kingdon has taken up the post from…
For the first time since its inception in 1982, Bay Diesel has a new president. As voted by their Board of Directors in October 2020, the Senior VP of Sales Willard “Rob” Robins has taken on the role of President, with Scott Wheeler, founder and current president…
Evergreen Line took delivery of its sixth and seventh new 12,000 TEU class F-type containerships on December 15. Ever Forever was built at the Geoje Shipyard of South Korea's Samsung Heavy Industries, and Ever Far was delivered by Imabari Shipbuilding in Japan…
Egypt’s revenues from the Suez Canal in 2020 declined 3% to $5.61 billion compared to 2019, the canal authority said in a statement on Sunday.Transit fees for all types of ships would remain unchanged in 2021 and would include reductions and incentives offered in 2020…
The GAC Group said Monday it has opened a new office just north of Hamburg to provide support for some of the 14,000+ vessels that call at German ports every year.Headed by Thies Holm, GAC Germany will offer ship agency, husbandry, bunker fuels…
Squire Patton Boggs continued the expansion of its commodities and shipping capabilities with the addition of partner Kate Sherrard into its Financial Services Practice. She joins the firm from Clifford Chance where she was Head of the Asia…
Stena Embla, the third E-Flexer ferry to be commissioned for Stena Line’s Irish Sea routes in the last 12 months, recently arrived in Belfast. Touted by the owner as 'three of the most modern ferries in the world,' Stena Embla join her sister…
Interlake Holding Company announced today the purchase of the assets of Pere Marquette Shipping Company and Lake Michigan Car Ferry Company in an acquisition that includes two working Great Lakes vessels, the articulated tug-barge Undaunted…
Iraq agreed a $2.625 billion deal with South Korea’s Daewoo Engineering & Construction on Wednesday to build the first phase at its planned Faw commodities port in the south of the country.Under the contract, signed in Baghdad by representatives…
A set of three towering new cranes are coming to the Port of Oakland to handle the ever larger ships calling the seaport, an investment by Stevedoring Services of America (SSA) for its marine terminal at Oakland (Oakland International Container Terminal - OICT)…