The Baltic Exchange's main sea freight index fell on Friday, posting its first weekly fall in four weeks as demand for capesize and panamax vessels dropped.The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and reflects rates for capesize…
The port of Senegal's capital Dakar on Thursday said it had requested the removal of around 2,700 tonnes of highly explosive ammonium nitrate stored in its complex—the same volume of the chemical that caused Beirut's devastating port blast this month…
French container shipping company CMA CGM Group said it has appointed Atit Mahajan as managing director for CMA CGM India, effective August 1.A qualified chartered accountant with 18 years' experience in strategy, finance and cost management roles…
Testing, inspection and verification services firm Bureau Veritas (BV) said it has taken a number of steps to broaden and deepen its marine and offshore services in North America.The opening of a new remote survey center in Miami is the latest…
Port days and diverted voyages are having an unusually strong impact on market balances and will play a key role in the short term outlook.Summer may be drawing to close in the northern hemisphere but for dry bulk shipowners, the positive tone…
The Helen Delich Bentley Port of Baltimore’s Seagirt Marine Terminal topped its record for most container moves from a single ship.The 5,536 container moves conducted by longshore workers handling the Maersk Edinburgh over three days was the…
Synergy Group and D.S. Norden have formed a new 50/50 joint venture to handle the technical management of Norden’s owned tanker vessels. Norden Synergy Ship Management (NSSM) will be headed by Henrik Christensen who previously managed Norden’s Technical Department…
A limited reopening of Libyan oil terminals could allow the export of some crude oil and condensate stored at Es Sider, Brega, Zueitina and Hariga, but leaves a months-long blockade of the ports in place, oil engineers say.East Libyan authorities…
The Liberian Registry said it has augmented its leadership team to help keep pace with nearly 12% over the last 12 months. The Liberian International Ship and Corporate Registry (LISCR) has added to its ranks Thomas Klenum as Senior Vice President of Maritime Operations…
Norwegian tanker shipping company Odfjell SE said it has appointed Øistein Jensen to fill the newly created Chief Sustainability Officer (CSO) executive position. Jensen, currently Odfjell’s Chief of Staff, takes on the new role and will lead Odfjell SE’s company-wide work on environmental…
The year 2020 has presented a litany of challenges to the safe movement of global project cargo. While heavy lifts and engineered cargo movements always present challenges from a rigging and execution standpoint, we have also faced exceptional challenges on other fronts…
Shipping group Maersk on Wednesday issued full-year earnings guidance above its forecast at the beginning of the year and said it expects demand for moving containers at sea to return to pre-COVID levels in the first half of next year.The company's…
The Connecticut Port Authority (CPA) approved the appointment of John Henshaw as its new executive director, effective September 8, 2020.Henshaw comes to the CPA after serving as the executive director of the Maine Port Authority for over 10…
The world’s largest purpose-built material handler, a 460-ton giant unveiled at Bauma 2019, recently joined the ranks of working port machines. The SENNEBOGEN 895 E-Series Hybrid was commissioned in October for the Tosyali Holdings fleet, at the Mediterranean port of Iskenderun…
The Oil Companies International Marine Forum (OCIMF) said it is now providing a remote inspection option as an additional tool within its Ship Inspection Report (SIRE) program as a temporary measure to help guard against the spread of COVID-19…