The U.S. Department of Transportation’s Maritime Administration (MARAD) on Monday announced that up to $684.3 million is now available for Port Infrastructure Development Program (PIDP) grants, to be awarded on a competitive basis to projects that improve the safety…
Global insurers are expected to receive multiple marine insurance claims from ships damaged or lost as the conflict in Ukraine spills over into sea lanes, insurer Allianz Global Corporate & Specialty (AGCS) said in a report on Tuesday.Two seafarers…
For the future of the industry, hire interns, both college and high schoolers. And pay them: none of that silly privileged unpaid intern crap that occurs in non-maritime industries.I generally wait until I receive the printed issue to read Maritime Reporter and Engineering News…
Ukraine’s president called on the international community on Monday to take immediate steps to end a Russian blockade of his country’s ports to allow wheat exports and prevent a global food crisis.President Volodymyr Zelenskiy made his comments…
Sub-continent markets have taken a turn for the worse this week, as collapsing steel prices in India and Eid holidays in Pakistan, Bangladesh, and Turkey have led to depressed sentiments and virtually no new offers emanating on any available tonnage…
Royal Caribbean Group on Thursday flagged slow summer demand for European cruises due to the Ukraine crisis, after a dull first quarter as it reeled under a resurgence in COVID infections in some parts of the world.Shares of the cruise operator fell about 5% to $73…
MidAtlantic Engineering Partners (MidAtlantic), a civil, environmental, and marine engineering and surveying firm, is pleased to announce that W. Stuart Lewis, P.E. is a partner in the firm. Since joining MidAtlantic, he has successfully led the company’s Marine Services Division…
Shannon Foynes Port Company has selected Bechtel to update its Vision 2041 master plan to accommodate offshore and onshore investment within and near its harbor in Ireland. Bechtel will support the company in considering how to deliver significant growth and expansion of the port…
General Dynamics appointed Gulfstream Aerospace executive Charles F. Krugh as president of General Dynamics Bath Iron Works.“Chuck’s leadership, proven track record in manufacturing and expertise in managing complex supply chains will be an…
Oslo-listed LNG FSRU specialist Höegh LNG has appointed Erik Nyheim as the new President & CEO, effective from mid-August this year.Nyheim comes from the position as Partner of Boston Consulting Group's Norwegian office where he has successfully led their maritime practice since 2019…
Supply chain management and logistics solutions firm DB Schenker plans to build a fully-electric, zero-emission, un-crewed coastal container feeder to serve the route between Ikornnes quay and the Port of Ålesund in Norway. DB Schenker, and its cooperation partners…
Maersk has found possible buyers for its stake in Global Ports Investments, which operates ports in Russia as it withdraws from the country following a final cargo shipment this week, the Danish shipping group said on Wednesday.Maersk put its 30…
Abu Dhabi's AD Ports Group and the Red Sea Ports Authority have signed a Term Sheet and a Head of Terms agreement for what they say are major port projects along Egypt’s coastline, including multi-purpose terminals, and cruise ship berths.The first agreement will see AD Ports Group develop…
Cruise line Azamara has officially added Azamara Onward vessel to its now four-ship fleet on Tuesday, following a festive naming ceremony in Monte Carlo. The christening ceremony was led by the President of Azamara, Carol Cabezas, and Azamara Onward Godmother…
Maintenance dredging operations have commenced at the Port of Weipa in Australia, North Queensland Bulk Ports Corporation (NQBP) announced.The trailing suction hopper dredge (TSHD) Brisbane began work in late April for a dredging program that is expected to last about eight weeks…