NYK signed a business alliance agreement with Nakashima Propeller, a marine equipment manufacturer that develops and sells ship propellers as well as energy-saving devices, and Fluid Techno, a ship design company with fluid analysis technology…
The dispute between Brazilian port operators and global shipping giants Maersk and MSC is expected to escalate in the coming weeks, according to Brazilian newspaper Valor.Local port terminal operators, through their industry group ABTP, are…
Houston-based dredging contractor Great Lakes Dredge and Dock has been awarded a contract from the U.S. Army Corps of Engineers' Memphis District for the rental of a 24-inch hydraulic cutterhead dredge, discharge pipe, and attendant plant for harbor dredging along the Mississippi River…
Steerprop, a designer and manufacturer of propulsion systems, is building its North America presence with the appointment of Hank Morgan as President, and Samuli Järvinen as Chief Operating Officer of Steerprop Inc.'The time has now come to…
Ports of Stockholm and hydrogen solutions provider CMB.TECH are joining forces in a unique hydrogen collaboration that aims to make Stockholm Norvik Port Sweden’s most climate-smart and sustainable port.The investment in hydrogen will encompass…
Building on its longstanding initiatives for reducing vessel pollution, the Port of Long Beach has extended its Green Ship Incentive Program another two years and made its Vessel Speed Reduction Program permanent.Launched in 2012, the port’s…
Kemi Shipping Oy, owned by Finnish Metsä Group, has ordered eight Konecranes E-VER fully electric forklifts including full service contracts for their operations in the Port of Kemi. Highly impressed with an E-VER delivered early in 2022, the…
Finland-based Konecranes reports it has received an order from the Matadi Gateway Terminal in the Democratic Republic of the Congo for four hybrid RTGs. These will be the first hybrid RTGs operated in Africa by the Congo River in the city of Matadi…
Western partners should do more to help unblock Ukraine's Black Sea ports to release exports of grain, metals and mining products, a Ukrainian official told Reuters on Tuesday, warning the country's finances were increasingly precarious.Logistics problems linked to the war with Russia…
The European Sea Ports Organization (ESPO) and the Federation of European Private Port Companies and Terminals (FEPORT) have jointly agreed that the proposals for an Alternative Fuels Infrastructure Regulation (AFIR) and the FuelEU Maritime…
The valuation of the global shore power market is poised to reach $1.55 Billion by 2027, according to a research report by Market Research Future (MRFR).The market outlook appears extremely promising amid supportive government policies focused…
Danish shipping and logistics company DFDS announced Mathieu Girardin has been named its new head of ferry, succeeding Peder Gellert Pedersen, who is retiring on August 1, 2022.Girardin will join DFDS as a member of the company's executive management team in October 2022…
The U.S. Army Corps of Engineers' Detroit District said it anticipates Phase 3 construction will start this summer following a $1.068 billion contract for the New Lock at the Soo Phase 3 awarded July 1, 2022.This contract allows the contractor Kokosing Alberici Traylor…
DBX, a new dry bulk commodity analytics firm based in London, officially launched earlier this year having successfully completed Signal Venture’s incubation program, and it has now initiated a round of seed funding.The venture started in the summer of 2020 with all around support from Signal Ocean…
liquefied natural gas (LNG) supplier Avenir LNG announced it has appointed Abigail Baltar as its new chief financial officer.Baltar first joined Avenir assuming the role of head of finance in 2020. She brings with her over 20 years of financial…