North American import of containerized goods from the Far East soared to a noteworthy high of 1.62m TEU during February 2021, a 100% increase from the low point of the same month last year. Fueled by US stimulus, volumes moving on the trans…
Canada's manufacturers on Monday asked the federal government to curb a brewing labor dispute after dockworkers at the country's second largest port said they will work less this week.Unionized dockworkers, who are in talks for a new contract since 2018…
Golar LNG said on Monday its chief executive officer Iain Ross has tendered his resignation, and the company will immediately start the process to recruit his successor.The liquefied natural gas (LNG) shipping company said the contractual termination period is six months…
Take a look around you.Perhaps you’re snacking on a banana, sipping some coffee or sitting in front of your computer and taking a break from work to read this article. Most likely, those goods—as well as your smartphone, refrigerator and virtually…
Naval architecture and marine engineering firm Elliott Bay Design Group (EBDG) said its board of directors has appointed Robert Ekse as president of the firm. Ekse will assume the position from current president and chief engineer, Brian King…
The Swedish Club has partnered with cargo consultants CWA International to develop its new Cargo Advice series, aiming to provide advice and information on the carriage of a wide range of cargoes that are frequently subject to claims.The new Cargo Advice gives operators a unique…
It's talked about a lot in the maritime industry: how to digitize your business process. Should you simply just buy a software package from a well-known large international software vendor? If you want to do that, first read these tips to help…
On April 10, Filipino seafarer Liel Gonzales became the first NYK-TDG Maritime Academy (NTMA) graduate to be appointed to the rank of vessel captain since the academy was established in 2007.NTMA is a four-year Philippine commercial shipping…
Spanish shipbuilder Astilleros Gondán has tapped ABB to supply all-electric power solutions for ten fast 40-meter urban passenger ferries transporting up to 540 passengers each across Lisbon’s Tagus river.The contract comes a week after Astilleros…
AXESS Networks (AXESS) has created a new business unit: AXESS Networks Maritime; a specialized business unit established to respond to the growing and sophisticated demands within the maritime sector.“The maritime business initiative is a major step within AXESS’ growth and diversification strategy…
Survitec completed a $372M refinancing with funds managed or advised by the Credit Group of Ares Management Corporation.“Successfully concluding this financing demonstrates the confidence we believe that Ares and M&G have in our business,' said Ray Leclercq…
French container shipping group CMA CGM is pursuing a plan to rebuild Beirut's port within three years, despite political deadlock in Lebanon that has prevented decisions on the port since a blast last August, a company executive said.A chemical…
The lucrative prospect of transporting COVID-19 vaccines by sea has intensified the spotlight on the maritime industry’s cold supply chain and its ability to carry high-value pharmaceuticals.At present, speed to market is critical to stemming the spread of the pandemic…
The Mississippi State Port Authority (MSPA) Board of Commissioners has named Jon Nass the new CEO and executive director of the Port of Gulfport, following a national search led by Tim McNamara, head of Odgers Berndtson’s Transportation and Infrastructure Practice in Washington…
The International Maritime Organization has recognized the contributions of a long-standing maritime industry chief and has presented its highest bravery accolade to two maritime pilots from Brazil and an off-duty seafarer from the Philippines…