Let we get straight to the point. Cases of maritime arbitration are annoying. There are no winners. And yet, unfortunately, it also happens in the maritime sector that maritime companies go to court. Are you also about to start an arbitration…
Container shipping line CMA CGM is to expand its fleet of natural gas-powered vessels to cover the busy trans-Pacific route between China and the United States as part of a push to use the fuel to reduce pollution, the group said on Thursday…
The U.S.’ largest energy export gateway and Europe’s leading industrial deepsea port have entered into a Memorandum of Understanding that will allow the two global entities to collaboratively improve their global maritime operations.The Port…
Cheniere Energy Inc, the top U.S. liquefied natural gas producer, on Wednesday raised its full-year adjusted earnings forecast, predicting higher demand for the fuel as COVID-19 vaccinations boost economic recovery.Lockdown measures implemented…
Simulation and training solutions provider Wärtsilä Voyage and knowledge and technology solutions provider Ocean Technologies Group (OTG) say they have partnered in an effort to enhance safety and efficiency in the maritime sector.With complementary converging digital technologies and platforms…
Port of Oakland executive director Danny Wan was appointed vice president of the California Association of Port Authorities (CAPA) effective immediately. Wan fills the key leadership role left vacant following the passing of Port of Richmond executive director Jim Matzorkis in December…
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…
As Home Depot heads into its busy spring project season—when shoppers build backyard decks and buy patio furniture—it is tangling with surging costs for goods and transportation, on top of tariffs that cost it and other U.S. importers billions of dollars…
The Baltic Exchange's main sea freight index dipped on Wednesday, pressured by lower rates for the capesize and panamax vessel segments.The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities…
Hempel A/S has launched its new sustainability framework dubbed Futureproof, an initiative that lies at the heart of the companies strategy to double its revenue by 2025 while dramatically cutting its carbon footprint and that of its clients across industrial sectors…
SES Networks is working with Virgin Voyages to provide its fleet with high-speed, low-latency connectivity. Significantly, the Wi-Fi service will be free for every sailor. Virgin Voyages’ Lady Ships will tap into SES Networks’ satellite-enabled Signature Cruise Solution…
Customs authorities in Hamburg and Antwerp have seized a record haul of more than 23 tonnes of cocaine destined for the Netherlands in two raids this month, Dutch prosecutors said on Wednesday.The two shipments together represented a street value of roughly 600 million euros ($730 million)…
Semiramis Paliou has been named chief executive officer of Greek dry bulk shipowner Diana Shipping, replacing her father Simeon Palios who will remain as chairman.Paliou has served as a director of the company since March 2015, deputy CEO since…
ClassNK granted its Remote Survey (RMSV) notation for ORCA ACE, PCC operated by Mitsui O.S.K. Lines, Ltd. (MOL) and managed by MOL Ship Management Co., Ltd. (MOLSHIP). This is the first vessel on ClassNK’s registry to be marked with RMSV notation…
Containerized cargo volume declined at the Port of Oakland in January, the result of spreading supply chain congestion, though the port said it expects greater volume in the coming months when the logjam breaks.The port said Tuesday that import volume dropped 11…