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…
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…
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 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…
TUI Cruises said a second vessel in its cruise ship fleet has successfully tested the use of shore power in port.Earlier this week, the German cruise ship operator's Mein Schiff 6 received shore power for the first time in SEEHAFEN KIEL Cruise GmbH & Co…
Nautilus Labs, the technology firm unlocking commercial decarbonization for the ocean supply chain, announced the designation of Todd Sundsted as Chief Technology Officer (CTO).In his new role, Todd Sundsted, who is based in New York, will lead product development…
The Swedish Club announced it has opened a new full-service office in Singapore, responsible for members in Singapore and other markets in Asia, including India, Japan and Thailand.Brian Png, Team Manager for the Singapore office, said, 'Singapore…
Russia is to spend almost 1.8 trillion roubles ($30 billion) on the Northern Sea Route development project up to 2035, according to a document uploaded to the government's website.The document said the sea route, which is being facilitated by reduced sea ice as a result of climate change…
The second-largest U.S. liquefied natural gas (LNG) exporter on Wednesday said it reached an agreement with a federal regulator that will allow it to resume some operations at its Quintana, Texas, plant in October.Freeport LNG shut the plant…
Six giants in the global maritime industry have joined forces to address diversity, equity and inclusion (DEI) issues.The Maritime Diversity, Equity & Inclusion (DEI) Innovation Lab 2022, launched by Thome Group, Hafnia, Anglo American, RightShip…
Cavotec will support the decarbonization at APM Terminals MedPort Tangier by providing its next generation vacuum mooring system MoorMaster NxG. The automated transhipment terminal is one of the world's most technologically advanced, safest…
Shipbroker Simpson Spence Young (SSY) on Wednesday revealed it will open a new office in Genoa, Italy.The new SSY Genoa office will open this Autumn. Initially, the team that will be based there will focus on dry cargo, specifically handy, supramax and panamax…
Hiscox is committed to a planned insurance consortium providing cover for ships travelling through a safe passage from Ukraine, its chief executive said on Wednesday, as the Lloyd's of London insurer shares plunged on a first-half loss.The first…
Shipping group Maersk expects global container demand to fall this year as sales of durable goods come to a 'standstill', leaving flat-screen TVs and furniture piling up in warehouses, the company said on Wednesday.A surge in consumer demand…
Pope Francis said on Wednesday he hoped the people of Lebanon can be comforted by justice over the Beirut port blast that killed at least 215 people two years ago, saying 'the truth can never be hidden'.Speaking at his weekly general audience…