The Baltic Exchange's main sea freight index climbed to a near nine-year peak on Friday propelled by robust capesize demand, with rates for all the vessel segments scaling multi-year highs.The Baltic index, which tracks rates for ships ferrying dry bulk commodities…
While there is no silver bullet and no one solution to cyber safety, layered defenses are best practices and rely on multiple measures to detect and protect against cyber dangers.“Parasitic malware feasts on critical infrastructure”“Digital…
Industrialist John Fredriksen is seeking investors to take larger stakes in his companies and could relinquish control of operations as part of a plan to reduce his workload, the Norwegian-born 75-year-old told two newspapers on Friday.It was…
The UK Foreign Secretary Dominic Raab is to call for more international support to protect shipping in the Strait of Hormuz when he meets his French and German counterparts later today (Friday, August 31) for talks about Iran. Last month, Iran…
Chinese shipbuilder Hudong-Zhonghua has agreed to integrate Silverstream Technologies’s air lubrication technology in all the new LNG vessels it produces to give high fuel efficiencies, cutting fuel costs by up to 80 percent for both laden and ballast operations…
The Finnish technology major Wartsila will supply and install an Auto Gasification solution for the Regal Princess, enabling the safe disposal of waste from the ship through a self-fueling thermal decomposition unit, thereby significantly reducing greenhouse gas emissions…
The provider of information and communications technology (ICT) for the maritime industry eMARINE Global signed a contract with the Republic of Korea Navy for the maintenance of its Anti-Submarine Warfare Team Trainer (ASWTT) at the Jin-Hae Naval Base…
The U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA) has given the Port of Long Beach $4.8 million to improve cyber-security.According to a press release from the second-busiest container port in the United States…
World’s largest container ship MSC Gülsün will visit port of Rotterdam. The ship will be calling on the APMT2 terminal at Maasvlakte 2 in Rotterdam on Tuesday, 3 September, between 2 and 3 p.m.With a length of 400 meters and a width of 62 meters…
Transhipment in the North Sea Canal Area of the seaports of Amsterdam, IJmuiden, Beverwijk and Zaanstad rose in the first half of 2019 to 54.1 million tonnes, an increase of 7%.According to the Netherlands seaport, this was the result of an…
Taiwanese ocean shipping company Yang Ming Marine Transport Corporation enhances its Intra-Asia service network by launching a new Japan–Thailand service (JT1) effective from September 11th, 2019.The JT1 service will call at Shimizu, Tokyo, Yokohama…
The number of major incidents in the Port of Singapore has dropped over the last 10 years, with fewer than 0.12 major incidents per 100,000 vessel movements in 2018, down from 0.8 in 2009.Dr Lam Pin Min, Senior Minister of State for Transport and Health…
Commission Expresses Concerns about Puerto Rico Terminal Facilities Agreement.An agreement filed at the Federal Maritime Commission allowing a joint venture between two adjacent terminals at the Port of San Juan, Puerto Rico, will go into effect on August 29…
Missouri Port Authorities Team Up To Advance Plan For Statewide Initiative That Focuses On Innovative Inland Waterway Container-On-Vessel Freight Service.Missouri Governor Michael Parson visited the Mississippi River town of Herculaneum on August…
Hurricane Dorian took aim at the Bahamas and the Florida coast on Thursday, spurred on by warm Atlantic waters as it threatens to strengthen into a dangerous Category 3 storm.Dorian earlier sideswiped the Caribbean without doing major damage…