During its annual meeting held March 25, the Duluth Seaway Port Authority Board of Commissioners elected officers for the fiscal year beginning April 1, 2020.The board re-elected Rick Revoir to serve his second year as president. Other appointments included Tony Sertich as vice president…
The United States’ second busiest seaport continued to feel the economic effects of COVID-19 in March with more canceled sailings and a decline in cargo container valumes, the Port of Long Beach said on Tuesday.Terminal operators and dockworkers moved 517…
Brazilian producers of tropical fruits including mangoes and papayas have been hit by falling European demand amid coronavirus and feel burnt after excessively relying on EU sales, lobby group Abrafrutas told Reuters on Monday.Europe was the…
Ships must be allowed to change over overworked and exhausted crews to help to keep trade flowing as coronavirus lockdowns shut many transit points across the globe, shipping industry officials said on Tuesday.About 90% of world trade is transported…
The Port of Wilmington is ready to welcome the largest containerships calling on the U.S. East Coast following an expansion project widened the turning basin in the Cape Fear River from 1,400 feet to 1,524 feet. The additional 124 feet allows 14…
Police in India lodged a case this week against an unknown online fraudster who tried selling the world's largest statue for $4 billion, claiming the proceeds would be used to help the Gujarat state government fund its fight against the coronavirus…
In line with many maritime and offshore organizations and in response to the COVID-19 pandemic, the International Association of Dredging Companies (IADC) announced that it was postponing two June 2020 events until the autumn of 2020.-- The Seminar on Dredging and Reclamation in Delft…
GTT has appointed Eric Dehouck as deputy CEO, to assist Chairman and CEO Philippe Berterottière.Dehouck, 43, is a graduate from the Ecole Nationale Supérieure des Arts et Métiers and from HEC-Entrepreneurs. He is also a national IHEDN1 auditor…
What might not be so obvious in this COVID-19 environment, which we have grown to associate with shortages, is that counterintuitively there are issues beginning to appear dealing with the opposite situation. The Journal of Commerce has reported…
Dry bulk shipping company Golden Ocean Group said its board has appointed Ulrik Uhrenfeldt Andersen as the new Chief Executive Officer of Golden Ocean Management AS with effect from Tuesday April 14, 2020.Andersen comes from a position as Chief…
Owners of a factory ship moored off southern France which normally turns seawater into bottled mineral water have converted it to make sanitizing solution in the fight against the coronavirus.At the start of the year, the 179-meter long Odeep…
Malaysian shipowner AET said it signed a deal with Total's Chartering and Shipping Services SA for the time charter of two liquefied natural gas (LNG) dual-fuel very large crude carriers (VLCC). The two newbuilds, which are able to carry about 300…
While movers of global cargo is traditionally not a 'stay at home' work scenario, one of the world's largest movers of containers increasingly leverages digital solutions and helps to maintain 'social distancing' to keep goods on the move globally…
While the implications of COVID-19 for containership demand and freight rates are directionally clear, the time charter market often marches to its own drum.The latest Container Shipping Forecaster from Maritime Strategies International analyzes…
The U.S. government said on Monday it has not yet received requests to waive a 100-year-old law on shipping goods between domestic ports, despite some interested parties who say temporarily lifting the regulation would help energy companies hurt by the oil price plunge…