Brazil's foreign trade secretary Lucas Ferraz said there are no signs that the impasse involving Iranian ships without fuel near Brazilian ports will affect bilateral trade relations.So far, Ferraz said, there has been no impact on Brazilian exports to Iran…
The Baltic Exchange's main sea freight index fell for a second straight session on Wednesday to its biggest one-day decline in nearly six months, as rates for capesize vessels fell after a strong run.The Baltic index, which tracks rates for ships ferrying dry bulk commodities…
Among a string of new eco-friendly initiatives, the Marseille Fos port authority is to spend $22 million over the next six years to extend shoreside electrical connections for berthed vessels to every ferry, cruiseship and repair quay within the Marseille eastern harbor…
Hamburg has announced the works for the adjustment of the fairway have started. With the arrival of the hopper dredger “Scheldt River” the deepening and widening works of the river Elbe have officially kicked off.The port is already megaship…
FarSounder has announced Richard Minogue as Office & Finance Administrator. He will work closely with the CEO on accounting, corporate contracts, and human resources, in addition to providing administrative support to the FarSounder team.Minogue…
Governor Ralph Northam announced the completion of the Port of Virginia’s $320 million expansion at the Virginia International Gateway container terminal. The Governor was joined by U.S. Maritime Administrator Rear Admiral Mark Buzby, Virginia Secretary of Transportation Shannon Valentine…
The National Shipping Company of Saudi Arabia (Bahri) has posted revenues of SAR3.14 billion ($840million) for the first half of 2019, despite regional difficulties.The Riyadh-based transportation and logistics company reported revenue growth…
According to a new study conducted by PricewaterhouseCoopers (PwC) on behalf of Transportation Institute (TI), the Jones Act continues to fuel a strong maritime industry throughout the Great Lakes region, where the PwC report shows 123,670 Jones…
The deepening and fairway widening program on the Elbe River officially launched yesterday (July 23).'The adjustment of the Elbe fairway will offer much better connections between the Port of Hamburg and the global flow of goods,' said Dr. Maximilian Rothkopf…
Kalmar, the provider of cargo-handling solutions and services to ports, has signed a contract with Cikarang Dry Port, for the delivery of the first Kalmar Eco Reachstacker in Indonesia. Kalmar is part of Cargotec group.The order was booked into…
Japanese logistics major Mitsui O.S.K. Lines (MOL) announced that it marked the Marine Day holiday on Monday, July 15, by hosting a tour of the car carrier Emerald Ace at Harumi Pier, in cooperation with the Japanese Shipowners' Association (JSA)…
Every day we see more and more news about how the planning for new offshore wind projects continues to expand with the increasing investment from both domestic and foreign interests in these projects. This is resulting in both developers and…
The International Maritime Prize for 2018 will be awarded to Joseph J. Angelo, a former United States Coast Guard (USCG) and International Association of Independent Tanker Owners (INTERTANKO) senior executive who participated in International Maritime Organization (IMO) meetings for many years…
Hiscox, a specialist global insurer, has developed a new security product to help protect shipping targeted by nation states. Malicious Vessel Seizure will respond to a single peril of a ship taken by a foreign government, providing Loss of…
Former Chief of Naval Operations Adm. Gary Roughead was elected as the chairman of the board of directors of Fincantieri Marinette Marine Corporation July 10.Roughead was the 29th Chief of Naval Operations from 2007 - 2011, after holding six operational commands…