Allianz Global Corporate & Specialty SE (AGCS) said that, effective July 1, 2019, Ulrich Kadow will be appointed as AGCS Global Head of Marine. Currently Chief Agent of AGCS Canada, Kadow will take over from current Global Head of Marine and Energy Simon Buxton…
Top Chinese grain trader COFCO is in talks about buying a shareholding in a grain export terminal in the Russian port of Novorossiysk as part of its expansion in Europe, sources said on Friday.COFCO is understood to be in talks about buying…
Shipping group A.P. Moller-Maersk said on Friday it is in talks with Russia's state-owned icebreaker operator to send more goods via the Arctic, which is becoming more accessible as climate change reduces the sea ice.Russia has made developing…
A new report from the Massachusetts Port Authority (Massport) shows the Port of Boston contributed $8.2 billion in economic activity in 2018, up from $4.6 billion in 2012.Smart investments and partnerships have led to growth in jobs, business revenues…
The IMO January 2021 deadline for shipping interests to incorporate cyber risk management into their existing Safety Management Systems is fast approaching. It is critical that stakeholders understand their vulnerabilities. The IMO has issued MSC-FAL…
OSM Maritime has secured a contract for the full technical management of Hunter Group’s fleet of ECO design SMART VLCCs, currently under construction at DSME in Korea. Hunter Group has eight identical 336m vessels, set to be delivered towards the end of 2019 and into 2020…
MacGregor, part of Cargotec, and Kongsberg Maritime have entered into an agreement where MacGregor will deliver an automated mooring system for the world's first autonomous container ship, Yara Birkeland.This will enable mooring operations to…
TOTE Maritime Puerto Rico (TMPR) is enhancing its fleet with 220 containers chilled by the industry’s only natural refrigerant-based system, the NaturaLINE unit from Carrier Transicold. TMPR is the first shipping line to place a sizable quantity of NaturaLINE units into service on U…
South Carolina Ports Authority (SCPA) officials celebrated the expansion of the Frontier Logistics local operations, with the groundbreaking of an approximately 550,000 square-foot warehousing facility, which will support the handling of plastic and resin exports from the Port of Charleston…
IMO Secretary-General Kitack Lim has condemned the suspected attacks on two tankers off the coast of Oman that occurred earlier on Thursday, June 13.'These suspected attacks, coupled with the attacks in the UAE last month, concern me greatly…
Oil tanker owners DHT Holdings and Heidmar have suspended new bookings to the Mid-East Gulf, three ship brokers said, following suspected attacks on two oil tankers in the Gulf of Oman on Thursday.DHT has a large fleet of Very Large Crude Carriers (VLCCs) and Heidmar has a wide range of oil tankers…
Two oil tankers were attacked in the Gulf of Oman on Thursday, leaving one ablaze and both adrift, shipping firms said, driving oil prices as much as 4% higher over worries about Middle East supplies.The Front Altair, carrying petrochemical feedstock…
Southampton, United Kingdom: It has been quite a few years since I last touched down in the UK; longer still for a visit on a maritime business trip. And, I don’t cross 'the big pond' casually for one these events. This morning, Seawork 2019…
The U.S. Department of Transportation (DOT) announced a Notice of Funding Opportunity (NOFO) to apply for $292.7 million in discretionary grant funding through the new Port Infrastructure Development Program.“This major investment in the Port Infrastructure Development Program will help strengthen…
The Port of Los Angeles moved 828,662 Twenty-Foot Equivalent Units (TEUs) in May, the busiest May in the Port’s 112-year history. The volumes reflect growth of 7.8 percent compared to last May. For the first five months of 2019, Port volumes have increased 5…