Iron ore futures slipped on Monday on rising port inventory of the steelmaking ingredient in China, though optimism over prospects of strong domestic steel demand for the rest of the year kept losses in check.The Dalian Commodity Exchange's most-traded September iron ore contract closed down 0…
Another major maritime trade fair has been called off due to health concerns and travel challenges brought on by the coronavirus pandemic. Posidonia 2020, originally planned for June 2020 and subsequently postponed to October 2020, has been canceled…
Classification society ABS launched a new suite of fleet management and vessel compliance services powered by its smart functionality and advanced analytics which will also be available through a new mobile app.An enhancement to the ABS MyFreedom client portal…
Cyber-attacks on the maritime industry’s operational technology (OT) systems have increased by 900% over the last three years with the number of reported incidents set to reach record volumes by year end.Addressing port and terminal operators during an online forum last week…
The Dubai Maritime City Authority (DMCA) announced it is allowing crew changes to resume across all ports and anchorage areas in the region after crew changes in the major global shipping hub had been paused due to the coronavirus outbreak.Since the beginning of the COVID-19 pandemic…
Japan-based classification society ClassNK has released the second edition of its Guidelines for Designing Cyber Security Onboard Ships outlining current best practices for newbuild design.In the latest iteration, which is available to download at no cost via ClassNK’s website…
Testing of imported foods for the new coronavirus is pushing capacity at some major Chinese ports to their limit, major shippers told customers this week, warning of additional fees and possible diversions to other ports.China stepped up inspections…
The Baltic Exchange's main sea freight index edged up on Friday, helped by rising rates for capesize vessels.The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and reflects rates for capesize, panamax and supramax vessels…
Genting Cruise Lines said it will be the first international cruise company to restart operations with the deployment of Dream Cruises’ Explorer Dream to Taiwan, where it will begin “Taiwan Island-Hopping” itineraries on July 26 2020.Upon the ship’s arrival in Keelung on June 40…
While COVID-19 has proven to be the biggest business disruption event in generations, for the once-booming cruise shipping industry it has meant a hard stop. Getting back to cruising will be neither fast nor easy. We reached out to Captain Havard Ramsoy…
A custom-designed Liebherr LHM 600 mobile harbor crane has been in operation for the Canaveral Port Authority since beginning of 2019. The special modified machine is the largest mobile harbor crane in the U.S. to handle all types of heavy cargo…
Alameda County labor leader Andreas Cluver has been elected President of the Port of Oakland’s governing Board. The seven-member Board of Port Commissioners chose Cluver at a special meeting this week. Oakland Chamber of Commerce President…
U.S. Great Lakes ports reported mixed results in June with aluminum, road salt and grain shipments holding strong despite the coronavirus pandemic, while shipments of commodities related to steel production and manufacturing have continued to slide…
Teledyne Marine reports that its Slocum G2 Glider dubbed Silbo, manufactured by Teledyne Webb Research, completed a 4+-year journey that circumnavigated the Atlantic Ocean in four legs, a first for an autonomous underwater vehicle (AUV).“Born out of Dr…
NYK Line (Vietnam) Co. Ltd. acquired 15% of total issued shares of Thoresen Vinama Tug Co. Ltd. (TVT hereunder) and entered the tugboat business at Phu My and Cai Mep ports in Vietnam.TVT has two tugboats providing tugboat services at Phu My and Cai Mep ports…