Lloyd's Register (LR) said it has reached a deal to acquire Navico Group’s C-MAP commercial marine business, a provider of commercial marine cartography and digital publications, shore-side and shipside voyage optimization, cloud-based fleet management and fleet analytics software…
Working to address growing demand for environmentally sustainable terminal tractor solutions in port, terminal and distribution center markets, Hyster-Yale Group and Capacity Trucks are joining forces to codevelop electric and hydrogen-powered terminal tractors with automation-ready capabilities…
London and Brussels agreed on Sunday to “go the extra mile” in coming days to try to reach an elusive trade agreement despite missing their latest deadline to avert a turbulent exit for Britain from the European Union’s orbit at the end of the month…
South Carolina Ports has taken delivery of 15 hybrid rubber-tired gantry cranes to the Hugh K. Leatherman Terminal as SC Ports prepares to welcome the first cargo ship to the Leatherman Terminal in March.“It is always an exciting day when new cranes come through Charleston Harbor…
Captain Andrew Kinsey, Senior Marine Risk Consultant, Allianz Global Corporate & Specialty, recently discussed some of the trends that will shape 2021 for the maritime, ports and logistics world.MR TV: As we come to the end of 2020, talk now turns not simply to COVID-19 and a potential vaccine…
As ASYAD Group continues the integration of Oman Shipping Company (OSC) and Oman Drydock Company (ODC), it has appointed Dr. Ibrahim Al-Nadhairi as Chief Executive Officer (CEO) for the Shipping and Drydock business units.Prior to his role, Dr…
A group of Swedish technology entrepreneurs and academics joined forces to accelerate the research and development of an AI-based, semi-autonomous system for planning and executing more energy efficient sea voyages.Leading the effort is Lean Marine…
China's Shanghai Futures Exchange (ShFE) said on Friday it would extend a waiver on delivery fees for all commodities traded on the exchange and the subsidiary Shanghai International Energy Exchange (INE) by one year, to Jan. 10, 2022.The ShFE and INE had in March waived the fees until Jan…
Prime Minister Boris Johnson's spokesman said on Friday it would be wrong to conflate large queues of lorries at British ports with the issue of Brexit, saying the congestion was mainly caused by a spike in consumer goods demand and COVID-19 disruption…
The Baltic Exchange's main sea freight index gained on Friday, and notched a weekly rise, on stronger rates across all vessel segments.The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels, rose by 50 points, or 4…
CMA-CGM, the world's fourth-largest container shipping line, has told customers it will not take bookings for cargo due to arrive at ports in southern China over several weeks in early 2021 due to a suspension of service by feeder operators…
Swedish tanker shipping company Concordia Maritime has named Martin Nerfeldt as the new CFO and member of Group management. He will replace the current CFO Ola Helgesson, who has decided to leave his position to take on new challenges.Nerfeldt…
Mobile satellite communications company Inmarsat confirmed commercial service introduction (CSI) of its newest, most powerful geostationary satellite to date. GX5 is the 14th satellite currently in service with Inmarsat and provides additional…
Low water levels after dry weather in the past month continue to prevent cargo vessels from sailing fully loaded on the river Rhine in Germany, traders said on Thursday.Low water is hampering shipping throughout the river, especially around Cologne…
The Duluth Seaway Port Authority last week finalized acquisition of the Duluth Lake Port dock on Rice’s Point.Located immediately northwest of the Port Authority’s First Clure Terminal Expansion, but separated from it by the Azcon Metals recycling property…