BIMCO's longtime chief shipping analyst Peter Sand is departing the trade organization to take up the chief analyst role at ocean and air freight rate benchmarking, market analytics platform and container shipping index Xeneta, the Olso-based company announced on Wednesday…
Container vessel operations resumed at the Port of New Orleans on Tuesday, nine days after Hurricane Ida made landfall in southeast Louisiana as a category 4 storm.The first two ships worked at the Napoleon Avenue Container Terminal were the…
In August, the Port of Brownsville announced the appointment of two new deputy port directors effective August 9, 2021.Melinda Rodriguez is the deputy port director of administration and will oversee the port’s Human Resources, Real Estate Services…
China’s exports unexpectedly grew at a faster pace in August thanks to solid global demand, helping take some of the pressure off the world’s second-biggest economy as it navigates its way through headwinds from several fronts.The Asian giant…
The Baltic Exchange's main dry bulk sea freight index dropped on Tuesday to its lowest since mid-August, as demand eased across all vessel segments.The overall index, which factors in rates for capesize, panamax, supramax and handysize vessels…
The 11th Annual Maritime Risk Symposium: A Virtual Event Exploring All Too Real RisksThe past year has been as impactful for the world’s maritime transportation xystem as it has been for the rest of society. From the Suez Canal to the Arctic and beyond…
Norwegian company Fonna Vekst announced it has formed a new maritime equipment supplier called Nordic Fender.The Husnes-headquartered firm offers products in ship and port fendering as well as equipment for transferring liquid cargo between ships…
State-backed holding company ADQ said on Tuesday it plans to list Abu Dhabi Ports Co on the Abu Dhabi Securities Exchange (ADX) before the end of the year.The proposed listing of a portion of existing shares is expected before the end of 2021…
Italian shipbuilder Fincantieri has cut first steel for the first of two LNG-powered cruise ships being built for Princess Cruises, a Carnival Corporation brand.The steel cutting ceremony took place last week in San Giorgio di Nogaro (Udine) at Centro Servizi Navali…
Azane Fuel Solutions’ first project “Ammonia Fuel Bunkering Network”, which will build a green ammonia bunkering terminal has received confirmation that it will be granted NOK 89 million (EUR 8,600,000) through the Norwegian Green Platform Initiative…
Most ports along the U.S. Gulf Coast had reopened on Thursday following lengthy closures from Hurricane Ida, which lashed southern Louisiana with 150-mile-per-hour winds that caused extensive infrastructure damage and floods.Two of Louisiana’s main ports…
Grain shippers on the U.S. Gulf Coast reported more damage from Hurricane Ida to their terminals on Wednesday as Cargill Inc confirmed damage to a second facility, while power outages across southern Louisiana kept all others shuttered.Global grains trader Cargill Inc said its Westwego…
Israel has opened a new shipping port along its Mediterranean coast that will bring much needed competition to a sector plagued by delays and boost the country's standing as a regional trade hub.The 5.5 billion shekel ($1.7 billion) Bay Port at Haifa…
Gasum is searching for a new CEO to replace Johanna Lamminen, who has resigned. The company's board of directors has appointed Kai Laitinen, Gasum's current CFO, as interim CEO until a successor is in place.“Together with the entire staff, we have traveled an amazing journey…
A segment of the Mississippi River from Southwest Pass to New Orleans is expected to reopen to vessel traffic by midnight, following surveys at the waterway, the Port of New Orleans said on Wednesday.The Mississippi River is the largest U.S…