International Transport Intermediaries Club (ITIC) has successfully defended a ship manager against allegations of negligence made by a shipowner following the loss of a lifeboat overboard.The lifeboat was subsequently found drifting off the port of Naze…
More than 100 rescued migrants from private cargo ship Alexander Maersk, picked up off the coast of southern Italy on Friday, arrived in the southern port of Pozzallo in Sicily on Tuesday. The new Italian government has closed its ports to ships operated by charities in the Mediterranean…
The Baltic Exchange's main sea freight index fell for the seventh straight session on Tuesday, due to lower rates across vessel segments. The overall index, which tracks rates for ships carrying dry bulk commodities, fell 10 points, or 0…
France's CGT union says it is calling on port workers across the country to down tools on June 28 and join a protest against the policies of the government. Thursday's action coincides with the end of three months of rolling train strikes…
Egypt's Suez Canal Authority is seeking a 300 million euro ($350.19 million) loan from Gulf banks, three senior banking sources told Reuters on Tuesday. The loan will be used to finance the purchase of two new dredgers, the sources said…
The Governor of Delta State, Senator Ifeanyi Okowa has stated that the efficiency and effectiveness of the Nigerian economy depends largely on the maritime sector, as over 90 percent of the world trade are transported through the sea.Senator…
Hong Kong-based dry bulk shipping company Pacific Basin has closed a USD 325 million 7-year reducing revolving credit facility secured over 50 of the company’s owned ships. The new facility is supported by a syndicate of eight leading international banks…
A serious water pollution incident occurred on Saturday 23 June 2018 in the Derde Petroleumhaven in the Botlek area of the Port of Rotterdam. A large amount of heavy fuel oil spilled into the water. The Port of Rotterdam Authority and…
Mitsui O.S.K. Lines (MOL) announced that MOL, has entered into a preliminary agreement to supply a Floating Storage and Regasification Unit (FSRU), as well as Jetty Operation & Maintenance Services for the Hong Kong Offshore LNG Terminal Project on a long term contract…
Seafarers are the unsung heroes of shipping, the industry on which everyone, everywhere relies for the goods and commodities we all need and want. But it’s a tough and demanding job which sometimes can put pressure on mental health. This is why…
The containership Alexander Maersk picked up 113 migrants after a request by the Maritime Rescue Coordination Centre in Rome to change the vessel’s course and assist in a Search andRescue operation in international waters on last Friday. The…
South Carolina Ports Authority president and CEO Jim Newsome has issued the following statement on the proposed new chassis pool structure to be known as the Southern States Chassis Pool: “The South Atlantic Chassis Pool was formed in 2006…
Energy Transfer Partners LP reopened the smaller of two Philadelphia area pipelines that help carry refined products from the region's refineries to the New York Harbor and Western Pennsylvania but the larger of the two remained shut, the company said in a customer notice seen by Reuters…
BNSF Railway Co on Monday said it could resume service Tuesday on a stretch of northwestern Iowa track damaged when a train left the track and crude oil spilled from derailed cars. The crude oil train derailed near Doon, Iowa, on Friday…
Bob Wetta to serve on President Trump's Advisory Council on Doing Business in Africa. On April 26, 2018, Secretary Wilbur Ross, United States Department of Commerce, appointed Bob Wetta, President and CEO of DSC Dredge LLC to serve on the…