Seattle-based dredging and marine construction contractor Manson Construction announced it has named Forrest Ray as its new director of environmental health and safety, effective January 1, 2023.Ray succeeds Dave Howard, who will retire this Spring after 18 years of service at Manson…
German container liner Hapag-Lloyd on Thursday announced it has completed its acquisition of a minority stake in Italy-based logistics company the Spinelli Group as global shipping firms continue to expand their port presence amid prolonged supply chain disruption…
Global economy 2023: COVID-19 turned global supply chains upside down – Three ways the pandemic forced companies to rethink and transform how they source their productsThe global supply chains that modern companies depend on were turned upside down three years ago after COVID-19 emerged in China…
The Port of South Louisiana (Port SL) said it has reached a deal with T. Parker Host to buy the Avondale Global Gateway, a logistics hub at site of the former Avondale Shipyard.The acquisition of this 254-acre facility at mile 108 of the Mississippi…
The Port of Antwerp-Bruges reported 'stable' results for 2022 amid a challenging year fraught with geopolitical tensions, energy crisis and ongoing supply chain disruptions, in addition to various commodity flow shifts that put considerable sustained pressure on the container segment…
As container shipping demand continues to fall into the New Year, Xeneta Chief Analyst Peter Sand weigh in with his insights on the pace and direction of spot and contract rates; the likelihood of ship lay-ups and scrapping in 2023; plus the…
Brazilian oil workers union FUP said on Wednesday that intelligence staff at state-run Petrobras are aware of a potential plan to invade its Transpetro terminal located in the Maceio port in northeast Brazil.The threat comes as Brazil braces…
Chilean authorities said on Wednesday they were investigating a violent heist in Chile's main seaport where thieves stole several shipping containers filled with copper belonging to state-owned giant Codelco.Juan Carlos Catalan, the local prosecutor…
Galveston, Texas based dredging and marine construction company Callan Marine announced it has hired Marc Broussard as its new director of business development. The 25-year veteran brings to the role sales and marketing expertise in the maritime and energy sector…
Top U.S. gas exporter, Freeport LNG, is expected to further extend the seven-month-long outage of its liquefied natural gas (LNG) export plant in Texas to February, as it awaits regulatory approvals, three sources told Reuters on Wednesday.Accounting for 20% of U…
The Dutra Group has named Harry K. Stewart as its Chief Executive Officer. Stewart, who previously held the position of Chief Operating Officer at Dutra, assumes his new role as the company celebrates its 50th anniversary. Bill T. Dutra, who led the company since its founding…
Weak economic activity, a 10.5% increase in domestic coal mining, and a recovery in coal imports from Mongolia via rail alleviated coal shipments to China in 2022. However, the end of China’s zero Covid policy and an anticipated recovery of…
Austal USA Vice President of Engineering, Tom Perrine, has retired after eight years of service with the company and over 40 years in the shipbuilding industry. During his tenure, Perrine led Austal USA’s engineering department overseeing the work of over 250 engineers…
Danish shipping giant A.P. Moller - Maersk on Tuesday announced a new organizational structure and a new executive leadership team.The changes are effective February 1, 2023 and follow the appointment of Vincent Clerc as CEO of A.P. Moller - Maersk effective January 1…
The Saudi Ports Authority (Mawani) on Tuesday announced the laying of the foundation stone for upgrading and developing two container terminals at King Abdulaziz Port in Dammam under the Build-Operate-Transfer (BOT) concession signed with Saudi Global Ports (SGP) valued at over 7 billion riyals ($1…