Ferry shipping company Stena Line reports it is 10 years ahead of international shipping's emissions reduction targets thanks to measures such as new, larger and more energy efficient vessels, AI assisted captains and an increased punctuality…
China's Dalian Commodity Exchange on Tuesday asked members to act 'rationally' in iron ore futures trade after prices for the steelmaking ingredient held above $100 per tonne.'The iron ore market has been facing many uncertainties recently,' the Dalian bourse said on its website…
In times of crisis sometimes the easiest response is to be heads-down. One of the responses to the COVID-19 pandemic that history will look back on as key to the resilience of people and commerce, has been cooperation. As a specialist travel management company (TMC)…
Nautilus Labs and Oceanking announced a partnership to jointly expand access to Nautilus in the Greek and Cypriot market to support ship owners and operators. Nautilus serves the global maritime industry by building decision support software…
A U.K. startup tracking fuel-use performance in aviation will look to apply its product in the maritime sector in an effort to improve the environmental record of the shipping industry.One of 10 winners of MarRI-UK funding, Signol and its academic…
Elliott Bay Design Group (EBDG) announced that Senior Engineer, John Reeves has been promoted to Director of Business Development to oversee business development, generate leads and provide leadership to the sales and marketing team.Reeves joined…
Dozens of seaports across Asia, Oceania, Middle East, Africa, Europe and Americas have pledged to remain open to merchant vessels to ensure the flow of essential goods throughout the coronavirus pandemic.To date, more than 50 port authorities…
Amazon.com Inc Chief Executive Jeff Bezos has picked British startup Beacon, a digital freight forwarder, for his latest investment.Beacon said on Sunday it raised over $15 million in Series A fundraising, from investors including Bezos and venture capital firm 8VC…
The master of Singapore-flagged APL England is facing charges in Australia after the vessel under his command lost dozens of containers overboard in rough seas off the coast of Sydney last week.The offences relate to pollution and/or damage…
The European Commission has approved a €600 million ($668.1 million) Finnish aid scheme to support maritime companies impacted by the coronavirus outbreak.The aid scheme will take the form of State guarantees on working capital loans and will…
With uncertainty surrounding business in general, and specifically the future shape and form of the cruise industry, it was announced the the establishment of the new cruise terminal in Copenhagen is postponed indefinitelyA very significantly changed cruise market…
Global demand for Brazilian grains is growing as Argentina and Paraguay struggle with low water levels in a key river for agricultural shipments that is preventing ships from being fully loaded, a Brazilian trading company told Reuters on Thursday…
Shallow water in Argentina's Parana River will slow exports and hurt the country's soy crushing margins at least through September, officials said, as more cargo ships are needed to carry the same amount of commodities.Drought has pushed the Parana to its lowest level in decades…
The coronavirus lockdown has accelerated a digitalization drive in a global shipping and logistics sector that still routinely delivers many documents by bike messenger in some countries, according to industry leaders.Ports operator DP World…
Towage operator Svitzer announced its Board of Directors has appointed Kasper Friis Nilaus, VP and current Managing Director (MD) of Svitzer Europe, to succeed Henriette Thygesen as global CEO of Svitzer A/S, effective June 15.Going forward…