Latest News - page 456


Mantel Joins Theyr Ltd,

May 26, 2020

Theyr Ltd, a London based met-ocean data provider to the maritime sectors are pleased to announce the appointment of Peter Mantel as a Non-Executive Director.In his role he will be defining and implementing the commercial shipping strategy offering…

Dean Joins Teledyne CARIS

May 26, 2020

Teledyne CARIS welcomes Geoff Dean to the group as USA Sales Manager. In this role Dean will concentrate on expanding the reach of Teledyne CARIS software products, while using his in-depth industry experience to provide seamless service and support for existing clients…

Tech Talk: Wallenius Wilhelmsen Puts Hull Grooming to the Test

May 26, 2020

Even as shipowners enjoy record low bunker fuel pricing, the search for hull cleaning and fuel-saving optimization continues. Jotun, which recently launched 'hull skater' hull grooming, found a willing partner in Wallenius Wilhelmsen -- an operator of a fleet of 126 RoRo vessels…

China's April Soybean Imports from Brazil Rise 2.6%

May 25, 2020

China's soybean imports in April from top supplier Brazil rose 2.6% from a year earlier, customs data showed late Monday, as the South American country could ship more cargoes owing to better weather conditions.China, the world's top soybean buyer…

Australian Exports Fall in April

May 25, 2020

Australia's exports fell A$4 billion ($2.61 billion), or 12%, in April from record highs the previous month even though demand for resource commodities, mainly iron ore and gas, remained strong, preliminary data showed on Monday.Driving the decrease was a A$1…

Containership Loses Boxes in Heavy Seas off Australia

May 25, 2020

A Singapore-flagged containership lost at least 40 containers overboard in heavy seas off the coast of Sydney, the Australian Maritime Safety Authority (AMSA) said.Just after 6:10 a.m. Sunday, the APL England experienced a temporary loss of propulsion and began rolling heavily…

BIMCO Tanker Rate Analysis: Reality Kicks In, Rates Fall

May 25, 2020

Tanker shipping: sky high freight rates replaced by reality of falling global oil demandGeopolitical tensions have now eased, leaving freight rates to feel the full effects of the weak underlying market and falling demand. Tanker shipping looks set to be under pressure for the rest of the year…

President Trump Issues National Maritime Day Proclamation

May 22, 2020

In recognition of National Maritime Day, held on May 22 each year, President Donald Trump issued a proclamation honoring the U.S. maritime industry. The full text is below.Since the founding of our great Nation, we have relied on merchant mariners…

Smith Named CEO of Fincantieri Marine Systems N.A.

May 22, 2020

This week marked the start of new leadership at Chesapeake-based Fincantieri Marine Systems North America, as Ryan W. Smith assumed the position as CEO for the company.Smith brings over 15 years of experience in program management and engineering roles with Northrop Grumman and BAE Systems…

When the Bell Rings: Honoring US Merchant Mariners

May 22, 2020

This Memorial Day, as we rightfully honor the military men and women who gave their lives winning and protecting our freedoms, let us not forget an often-overlooked remembrance for the thousands of U.S. merchant mariners who also died serving our country in their own selfless ways…

AWO Elects Crowley's Mead as Chairman

May 21, 2020

Arthur F. Mead, Vice President and Chief Counsel at Crowley Maritime Corporation, has been elected Chairman of the American Waterways Operators (AWO), succeeding outgoing Chairman Scott Merritt, former Chief Operating Officer with Foss Maritime Company…

Bahri Puts LNG Tanker Plan on Hold

May 21, 2020

Saudi Aramco’s shipping division Bahri has put on hold plans to charter up to 12 liquefied natural gas (LNG) tankers after Sempra Energy delayed its decision on whether to proceed with an LNG export project in Texas, two sources said.Bahri issued…

Israel Linked to Cyberattack on Iranian Port

May 20, 2020

Israel appears to be behind a cyberattack earlier this month on computers at Iran’s Shahid Rajaee port that caused massive backups on waterways and roads leading to the facility, the Washington Post reported on Monday.Citing unnamed U.S. and foreign government officials…

China-Australia Row to Reshuffle Trade in Bulging Barley Market

May 20, 2020

A prohibitive Chinese import tariff on Australian barley will benefit other suppliers without changing the bleak global outlook caused by large stocks and depressed beer demand, analysts and traders said.Beijing said on Monday it would apply an 80…

China to Europe Container Spot Rates in Rare Reversal -BIMCO

May 20, 2020

Throughout April, container shipping spot freight rates on the back-haul trade from North Europe to China were higher than those on the front-haul trade from China to North Europe. This is a rare occurrence that has developed in the wake of…

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