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China Pledges to Build 'Polar Silk Road' Over 2021-2025

Mar 05, 2021

China will construct a “Polar Silk Road” and actively participate in the development of Arctic and Antarctic regions, it said in its new 2021-2025 “five-year plan” published on Friday.The plan said China would “participate in pragmatic cooperation…

India Gearing Up to Start Full Operations at Iran's Chabahar Port

Mar 05, 2021

India expects to start full-scale operations at Iran’s Chabahar general cargo port it has built by the end of May, the country’s shipping minister said in a boost for regional trade.India has been developing a part of the port on Iran’s south…

Logimatic Inks Fleet Management Deal with Hapag-Lloyd

Mar 04, 2021

Logimatic said it has signed a contract with Hapag-Lloyd that will see the German shipping company replace several existing fleet management systems with SERTICA.As part of its digital transformation and centralization efforts, Hapag-Lloyd will implement SERTICA on more than 70 containerships…

Marine Transportation System Innovative Conference Set for March 15-17, 2021

Mar 04, 2021

The 6th Biennial Marine Transportation System Innovative Science and Technology Conference, hosted by the CMTS and the Transportation Research Board, will be held virtually from March 15-17, 2021. The theme of the upcoming conference is “Advancing…

US FMC Commissioners Urge Vaccinations for Maritime Workers

Mar 04, 2021

This week, U.S. Federal Maritime Commissioners Daniel B. Maffei and Carl W. Bentzel sent letters to the Governors of major port states urging them to prioritize the vaccination of the maritime workforce to protect the nation’s supply chain.Letters were sent to the Governors of Alabama…

Elaine Chao Used DOT Resources for Family Business - Report

Mar 04, 2021

The U.S. Justice Department declined to investigate or prosecute then-Transportation Secretary Elaine Chao after the inspector general’s office referred allegations of potential misuse of office for review, a report made public on Wednesday said…

Royal Doeksen Acquires Vuyk Engineering Rotterdam from Royal IHC

Mar 04, 2021

Royal IHC and Royal Doeksen reached an agreement on the acquisition of all shares in Vuyk Engineering Rotterdam, a continuation of IHC's plan hatched in mid-2020 to return its core business and divest itself of pieces that did not fit.  The decision was taken that Vuyk…

Baltic Exchange Adds LNG Powered Seaborne Gas Assessments

Mar 03, 2021

A new set of independent indices for the liquified natural gas (LNG) seaborne trade went live this week (2 March), based on the carriers burning LNG, rather than marine fuel oil or marine gas oil, as their primary fuel.Published twice weekly…

Shipping Needs to Talk Market-based Measures - BIMCO

Mar 03, 2021

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…

Comment Period Open for Baltimore Tunnel Project

Mar 02, 2021

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…

Baltic Index Snaps Losing Streak

Mar 02, 2021

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…

Morneau Joins ThayerMahan to advise on UXO, MEC

Mar 02, 2021

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…

United Product Tankers Names Schoeller Co-managing Director

Mar 02, 2021

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 Appoints Pang CCO

Mar 02, 2021

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 STS Container Crane for the Port of Alicante

Mar 02, 2021

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…

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