Norway’s PASSER Group AS acquired SIDC Group UAB in 2020 with the goal to transform the Klaipeda-based company into a full-service EPCI provider with complete control of the value chain. “The deciding factor for PASSER was that SIDC was a perfect match for their targeted development strategy…
Shipping lines and container owners in North America (majorly in the U.S.) are finding it difficult to return containers to China. To add to the present challenges, the U.S. is also facing major trucking issues that are making cargo movement within the country difficult…
Following the sale of Capesize bulkers for recycling last week, the trend has continued this week as well, with further transactions reportedly taking place on units – including Capes and a Suezmax tanker, as the market finally shows signs of life after an absolutely inert summer…
The Florida Seaport Transportation and Economic Development Council (FSTED) announced it has elected a new slate of officers for the 2022-2024 cycle. Paul Anderson, President and CEO of Port Tampa Bay, was elected Chair, Alex King, Executive Director of Port Panama City…
A new industry partnership is set to support the UK’s floating wind industry by identifying offshore storage areas for wind turbines awaiting installation in the Celtic Sea. The TS-Flow JIP, led by Offshore Solutions Group and delivered in partnership with HR Wallingford…
The Port of New Orleans was recently awarded $514,964 in Port Security Grant funding from the Federal Emergency Management Agency (FEMA) to upgrade technology at the Harbor Police Department (HPD)’s Maritime Security Operations Center (MSOC)…
An Inland River Transportation Caucus could help inland river transportation interests that are often misunderstood and greatly undervalued.For anyone doing business on the inland river transportation system, the goal is to keep the rivers open for business…
The first ship to bring a cargo of liquefied natural gas (LNG) to a new terminal at the Dutch port of Eemshaven has docked and has started the unloading process, the gas grid operator said on Thursday, part of Europe's bid to cut reliance on Russian gas…
Protect your port with resilient propane backup generatorsPorts are crucial to the success of our nation’s critical supply chain, and with increasing productivity demands there is a heightened need for resilient, reliable power sources. According…
The Port of Los Angeles and a range of elected officials and industry leaders joined U.S. Transportation Secretary Pete Buttigieg today to celebrate the award of a $20 million federal RAISE infrastructure grant for a critical road-railway grade separation project at the Port…
FORCE Technology has expanded its engineering design and testing services portfolio to provide remote access to high fidelity maritime navigation simulation for the purpose of testing planned port and harbor construction projects. The new SimFlex…
Lebanon's judiciary is seeking to appoint a second judge to a stalled investigation into the Beirut port blast, sources said, highlighting deep divisions over efforts to hold officials to account over a tragedy that killed more than 220 people…
U.S. dredging and marine construction industry trade group the Dredging Contractors of America (DCA) said Frederick Paup has been elected as the organization's next president.Paup, who currently serves as chairman of the board at Manson Construction…
Specialty construction company Orion Group Holdings, Inc., announced that Scott Thanisch has been named Executive Vice President and Chief Financial Officer and will assume his new duties on September 12, 2022.Thanisch comes to Orion after serving…
The Georgia Ports Authority (GPA) in the U.S. has ordered 12 Konecranes RTGs for the Port of Savannah, Georgia. When these cranes are working, the Port of Savannah will operate a fleet of 234 Konecranes RTGs. Konecranes booked the order in Q3 2022…