“Global soya bean exports are forecast to grow by 8% between 2023 and 2025 based on data from the United States Department of Agriculture (USDA). Stronger import demand from China will be met by larger harvests in the US and Brazil and in the near term…
Auramarine, a provider of fuel supply systems for the marine, power and process industries, signed a representative agreement with Specs Corporation Ltd., a Korean marine equipment and services provider to expand and strengthen the company’s presence in the South Korean maritime market…
Lucas Vos is stepping down as President, Stolt Tankers effective July 1, 2024. He will be replaced by Maren Schroeder as President and Chief Operating Officer, while Bjarke Nissen will assume the role of Chief Commercial Officer at Stolt Tankers…
Global supply chains are braced for further disruption and increasing costs after US President Joe Biden announced new tariffs on Chinese imports on Tuesday.The tariffs will be imposed on a wide range of Chinese imports including semi-conductors…
Tianjin Port has held a naming ceremony for its two latest RAmparts 3500 ASD tugs, Jingang Lun 36 and Jingang Lun 37, designed by Robert Allan Ltd.During a six-day extensive sea trial, Jingang Lun 36 and Jingang Lun 37 completed comprehensive…
The Maritime Risk Symposium will convene in Monteray, CA next month, a small conference with a high-profile speaker line-up from across government, industry and academia. Here we look at Panel 3 – Maritime Policy vis a vis a new National Maritime Strategy…
The Port of New Orleans (Port NOLA) announced that its President and CEO Brandy D. Christian will step down mid-June 2024 to pursue an opportunity in the private sector. Christian has served as the President and CEO of Port NOLA since January 1…
Cavotec announced it has signed a new two-year agreement with Port of Salalah in Oman to perform service of its 32 installed MoorMaster vacuum mooring units.Cavotec has already supported the port in its transition by equipping its berths with its MoorMaster automated mooring technology…
The western oil- and grain-producing province of Alberta on Monday urged Canadian Prime Minister Justin Trudeau to do all he could to head off potentially devastating strikes by railway and port workers.Staff represented by the Teamsters union…
The final rule on Demurrage and Detention Billing Practices is clear to take full effect on May 28, 2024, following recent actions by the Office of the Management and Budget (OMB) and the Federal Maritime Commission (FMC).The FMC issued its…
ClassNK has partnered with StormGeo for seamless sharing and verification of emission data.The collaboration marks a ilestone for the companies, establishing the sharing and verification of emission data, to meet the requirements of their shared clients…
DFDS said it will invest $1.2 billion in six battery electric vessels for operation in the English Channel, to be deployed on the Dunkirk-Dover and Calais-Dover routes to carry passengers and freight between the U.K. and the European Union.The first two electric vessels will be in operation by 2030…
Today, a 'world first' was unveiled in the Port of Antwerp-Bruges: the Methatug, a tugboat which runs on methanol, part of a 'greening program' for the port's fleet. The project is financed by the European research program Horizon 2020 and is part of the FASTWATER project…
Marlink is expanding its global service support network in strategic maritime locations in Houston, Bratislava, Athens, Dubai, Singapore and Tokyo, covering strategic business locations and supporting customers in close proximity. Instead of a centralized model…
Caroline Yang, by anyone’s standard, is a busy woman. She is the CEO of Hong Lam Marine, a Singapore ship owner, which owns, operates and manages its own fleet of 33 vessels. She also is the president of the Singapore Shipping Association [SSA]…