Latest News - page 268

 

Russia, Ukraine Agree to Protect Ukraine Grain Shipping Channel

Aug 09, 2022

Ships exporting Ukraine grain through the Black Sea will be protected by a 10 nautical mile buffer zone, according to long-awaited procedures agreed by Russia, Ukraine, Turkey and the United Nations on Monday and seen by Reuters.The United Nations…

Cox Marine Charts U.S. Growth with Key Appointments

Aug 09, 2022

New Regional Director Doug Ross will lead CXO300 diesel outboard engine manufacturer’s expansion in North America with Sales Manager Chuck Gould in support.Cox Marine announced two sales appointments in North America as it builds its regional team to drive business growth…

Turner Tapped as Captain, Port of New Orleans Harbor Police

Aug 08, 2022

The Harbor Police Department (HPD) of the Port of New Orleans (Port NOLA) named Cedric Turner to serve as Captain of the specialized law enforcement agency. Turner has served in law enforcement for 26 years and 20 of those working up the ranks in HPD…

Ong Takes Over as TT Club CFO

Aug 08, 2022

Freight transport and logistics insurer TT Club announced EeLain Ong has taken over as chief financial officer (CFO), effective August 1, 2022.  Appointed in April 2022, Ong has shadowed the outgoing CFO Julian Chowdhury in his position for the intervening months prior to his retirement…

The MN100 Application Deadline is August 10

Aug 08, 2022

Each year, Marine News magazine profiles 100 of the top firms in the North American workboat sector.From passenger vessels to towboats, tugs and barges. From dredging and offshore energy to pilot, patrol, fire and police boats. OEMs, service providers…

Commerce Flows Normally After John Day Lock Repaired

Aug 06, 2022

Commerce is now moving normally along the Columbia River and through John Day Lock after U.S. Army engineers completed repairs to damaged guide wheels by 12:30 p.m., August 5. Technicians originally discovered damage to a lower guide wheel on July 25…

US Announces $172 Million to Improve Ferry Service

Aug 05, 2022

The Biden-Harris Administration on Friday announced new funding aimed at improving ferry service across the U.S. The U.S. Department of Transportation’s Federal Highway Administration announced $172.2 million in Fiscal Year 2022 formula funding…

Braemar Names Beckwith HR Director

Aug 05, 2022

Braemar, expert advisors in shipping investment, chartering, and risk management, today announced the appointment of John Beckwith as Group Director of Human Resources.The hire of Beckwith strengthens Braemar’s leadership team, enhances and…

Ukraine Seeks to Extend Shipping Safe Passage Deal Beyond Grain

Aug 05, 2022

Three grain ships left Ukrainian ports on Friday while the first inbound cargo vessel since Russia's invasion was due in Ukraine to load, as Kyiv called for the safe passage deal to be extended to other cargoes such as metals.The July 22 deal…

Atlas Receives $3.64 Billion Takeover Offer from Poseidon

Aug 05, 2022

Asset manager Atlas Corp said on Thursday it received a takeover offer from consortium group Poseidon Acquisition Corp in an all-cash deal for $3.64 billion.Poseidon, which comprises Atlas' board chairman David Sokol, affiliates of Canadian investment company Fairfax Financial Holdings Ltd…

Rhine Water Level Falls Again in Germany, Raising Freight Costs

Aug 05, 2022

Water levels on the Rhine in Germany continue to fall in hot weather, sending shipping costs higher because vessels cannot sail on the river fully loaded, vessel brokers said on Friday.Freight shipping on the river continues but with vessels sometimes forced to sail 75% empty…

Maersk to Acquire Logistics Firm Martin Bencher Group

Aug 05, 2022

Shipping group A.P. Moller-Maersk said on Friday it had agreed to buy Danish logistics company Martin Bencher Group in a deal valued at $61 million.'Martin Bencher will be an excellent fit to Maersk and our integrator strategy, strengthening…

Revell Takes the Helm at SIGTTO

Aug 04, 2022

The Society of International Gas Tanker and Terminal Operators (SIGTTO) has appointed Ian Revell as its new Chief Executive Officer & General Manager, in succession to Capt. Andrew Clifton.SIGTTO President, Steffen Jacobson, said, “I am very…

Inside the St. Lawrence Seaway's Growing Economic Importance

Aug 04, 2022

The St. Lawrence Seaway is made up of a broad network of interconnected infrastructures. Channels, canals, port facilities and fleets illustrate the connections between transportation equipment, industrial production and the artificial, human-made environment…

Alfa Laval Acquires BunkerMetric

Aug 04, 2022

Alfa Laval has signed an agreement to acquire BunkerMetric, a Scandinavian software company that develops advanced decision support tools for the marine bunker segment. The company will be merged into weather intelligence software and decision support services frim StormGeo…

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