Christine Spiten, Nor-Shipping’s latest #ACTION hero, is profiled here, explaining how she left Blueye for the WWF and a mission to stop the ocean's plastics problem the problem at its source. “Eight million tons.”Christine Spiten lets the number…
The Trump administration is looking to tighten oil sanctions on Venezuela in the near future, top U.S. envoy for the country told Reuters on Monday, by potentially removing exemptions that allow some oil companies to exchange Venezuelan crude for fuel from the OPEC member…
Norway-based Yara Marine Technologies says it is running a competition for start-ups to accelerate the growth of technologies and solutions that will contribute to a greener maritime industry.“Our corporate mission is to nurture the next generation of high value…
The port of Salerno in southern Italy has been an important trading center since ancient times, and Italian port terminal operator Salerno Container Terminal SPA (SCT) has been a regular customer of Liebherr Port Equipment, today operating 11 Liebherr machines…
India's steel exports more than doubled between April and July to hit their highest level in at least six years, boosted by a surge of Chinese buying in defiance of tensions between Beijing and New Delhi.Traders said reduced prices had driven…
As the global maritime community collectively is slowly pushed toward decarbonization, it is generally agreed that there is no ‘silver bullet’ technical solution and that progress will come in steps, led by public/private collaboration and funding…
Paul Cooke, President and CEO of Bosch Rexroth North America, based in Charlotte, NC, USA, will retire on December 31, 2020 after 38 years of service in various international positions within Bosch Rexroth. His successor as of December 1, 2020 will be Greg Gumbs…
In 2007, scholar Nassim Nicholas Taleb, who holds a doctorate from the University of Paris, wrote a bestselling book titled “Black Swan,” which proposed a theory involving unpredictable events with significant impact. Taleb believed that a black swan event was an outlier with significant impact and…
Earlier this year, The U.S. Department of State, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC), and the U.S. Coast Guard issued a new advisory to provide those engaged or involved in trade in the maritime industry…
The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and reflects rates for capesize, Panamax and supramax vessels, shed 16 points, or 1.1%, at 1,488.The index registered a small 0.5% weekly gain. The capesize index fell 46 points…
Bulk carriers are the workhorses of international maritime trade. Those responsible for operating them need to manage significant risks inherent to the dry bulk trade. Certain cargoes can deplete oxygen, catch fire, explode, corrode holds or simply deteriorate…
labor union representing Argentine grains port workers said on Thursday that it suspended a scheduled strike over wages after the government called for talks between the workers and their companies.The URGARA union, which represents inspectors…
KVH Industries, Inc. launched the newest marine satellite TV antenna in its TracVision series. A 1-meter ultra-high efficiency marine antenna, the TracVision TV10 provides the biggest coverage footprint in KVH’s TracVision series and is designed to provide boat owners…
Oil and gas exports from the United States have been severely disrupted by Hurricane Laura, with nearly a million barrels per day (bpd) of crude exports likely reduced this week by closures of U.S. Gulf Coast terminals and disruptions at ports…
The Port of Houston, the United States' largest energy export port, began reopening to commercial shipping on Thursday after a day-long closure due to Hurricane Laura, the U.S. Coast Guard said.Ports along the Texas and Louisiana coasts were…