Libya's National Oil Corporation (NOC) declared force majeure at the Brega oil port on Tuesday, saying it was unable to fulfil its commitments towards the oil market.'At a time when oil prices are witnessing a significant recovery due to the increase in global demand…
According to a recent analysis by Container xChange, one of the many challenges for the supply chain now is the overflowing container depots in the U.S. and the pileup of empties that will push the container prices further downwards in the mid-term…
One of its most significant initiatives in the Japanese shipping industry's push toward net zero is e5 Lab Inc., a consortium comprising Asahi Tanker Co., Ltd., Exeno Yamamizu Corporation, Mitsui O.S.K. Lines, Ltd. and Mitsubishi Corporation…
The U.S. Army Corps of Engineers (USACE), Buffalo District awarded a $3.85 million contract to Illinois-based Great Lakes Dock and Materials, L.L.C. on March 31 for repairs to the Rochester Harbor East Pier in Rochester, N.Y.Repairs will ensure the pier…
Around 1.25 million tonnes of grains and oilseeds are still on commercial vessels blocked in Ukrainian seaports due to Russia's invasion and part of the cargo may deteriorate in the near future, Ukraine's farm minister was quoted as saying on Friday…
The U.S. Army Corps of Engineers, Jacksonville District, said it has begun dredging operations in sections of the Intracoastal Waterway (IWW) in St. Johns County, Fla., within the Palm Valley North Reach.An Operation and Maintenance (O&M) dredging contract is underway…
SOHAR Port and Freezone announced the appointment of Emile Hoogsteden as the new chief executive officer of SOHAR Port, a joint venture of the Port of Rotterdam Authority and ASYAD Group.Hoogsteden succeeds Mark Geilenkirchen effective July 1…
ClassNK released 'ClassNK ZETA (Zero Emission Transition Accelerator)', a GHG emissions management tool to track accurate CO2 emissions and confirm and simulate CII ratings.While the shift toward a zero-emission society has accelerated around the world…
AD Ports Group's feeder service, SAFEEN Feeders, has signed a long-term trade facilitation and shipping agreement with Saif Powertec Limited, a listed firm in Bangladesh that is active in ports, logistics, civil engineering, and power sectors…
Michigan-based Ryba Marine Construction Company has secured a $991,500 contract from the U.S. Army Corps of Engineers (USACE), Buffalo District to perform dredging of the federal navigation channel in Buffalo Harbor, ensuring accessible depths for large vessels…
As the National Fire Protection Association (NFPA) Technical Committee on Gas Hazards votes on the First Draft of the next edition of NFPA 306, Standard for the Control of Gas Hazards on Vessels, the NFPA Certificated Marine Chemist Program…
AmendTec announced the official launch of the AmendTrack after an extensive development process with Applied Satellite Technology (AST) and approval by the Netherlands Food and Consumer Product Safety Authority.AmendTrack was developed to be…
A major logistics company will soon occupy the enormous new warehouse at the Port of Oakland’s designated Seaport Logistics Complex. Industrial real estate giant CenterPoint Properties completed the massive, 460,000+ square-foot warehouse at 1300 Maritime Street last year…
Edward Heerema is founder and president of Allseas, which brought the world’s largest construction vessel, Pioneering Spirit, to the market. The company, which also brought innovation to the pipelay sector, has added its latest trick to Pioneering Spirit – its jacket lift system…
Russia is bracing for a sharp decline in cargo flows and a deficit of containers after major international container shipping lines halted operations in the country due to Moscow’s military campaign in Ukraine, two Russian executives said.The world’s three largest container shipping lines…