The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, rallied to its highest in more than 11 years on Friday, fuelled by strong demand across vessel segments.The overall index, which factors in rates for capesize…
Maritime NZ has filed charges against Ports of Auckland Ltd (POAL) and an individual in relation to the death of a port worker almost a year ago.Pala’amo (Amo) Kalati was killed on August 30, 2020 after being crushed when a container was dropped during a lifting operation…
Post-Brexit trade frictions have 'significantly altered' freight traffic between Ireland and Britain and sparked a steep rise in volumes to and from Ireland and other European Union members, an Irish government agency report said on Thursday…
Ports and shipping companies are diverting vessels from a container terminal in China's busiest marine transportation hub which was forced to close after a coronavirus case emerged, as the pandemic strains global supply amid rising retail orders…
The Massachusetts Maritime Academy (MMA) announced Capt. Michael R. Burns Jr. as the first Executive Director of the Academy’s Maritime Center for Responsible Energy (MCRE). In this new role, Capt. Burns will oversee the MCRE that was established…
Norwegian Cruise Line’s new cruise ship Norwegian Prima was floated out at the Fincantieri shipyard in Marghera (Venice) this week.The Norwegian Prima is the first of six vessels of the Norwegian Cruise Line’s (NCL) new Prima Class of ships…
Congestion off China's top two container ports Shanghai and Ningbo is worsening following the shutdown of a container terminal in Ningbo where a COVID-19 case was detected this week.Tighter restrictions to fight China's latest coronavirus outbreak are starting to hit more parts of the economy…
Throughout the first half of the year, talk of a new dry bulk super cycle has been on many lips as commodity prices have soared to multi-year highs. Freight rates and ship values have also risen but although they exceed prices seen during most of the 2010s…
The crippling ransomware attack against the Colonial oil pipeline in the U.S. in May 2021 should be a wake up call for the maritime industry. As a critical part of the global supply chain, the shipping industry could become an attractive target for cyber criminals and politically motivated attacks…
This spring, the M/V Saga Welco Indiana departed the port of Qingdao, China, with 600 new refrigerated shipping containers on their way to be put into service at Alaska Marine Lines. These units are the latest addition to Alaska Marine Lines' fleet of nearly 29…
Crew services specialist Boers has launched seafarer vaccination programs at German and Belgian ports, as shipping executives warn of onboard COVID-19 outbreaks because mariners are not getting vaccines quick enough.Seafarers arriving at ports in Antwerp…
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose to its highest in over a month on Wednesday as demand across vessels segments rose.The overall index, which factors in rates for capesize…
The Apprentice School at Newport News Shipbuilding trains shipbuilders and leaders to build some of the highest value maritime assets on the planet: U.S. Navy ships. Dr. Latitia McCane, Director of Education, The Apprentice School at Newport…
Clearlake Shipping, a wholly-owned subsidiary of Gunvor Group, has fixed a new building 37,000 deadweight ton (dwt) asphalt carrier, the White Pearl, to be delivered before year end.White Pearl will complement Gunvor’s growing asphalt trading business…
The Baltic Exchange's main sea freight index, which tracks rates for ships ferrying dry bulk commodities, edged up on Tuesday, supported by gains in rates of panamax and smaller vessel segments.The overall index, which factors in rates for capesize…