Marine fuel company Lindsay-Blee, along with its joint venture partner Quest Fuels, announced Monday that it will offer very low sulphur fuel oil (VLSFO), meeting the IFO RMG 380 ISO:2010 specification with max sulphur < 0.50% to its clients calling Florida ports…
A rapid escalation in pool claims and unsustainable premium rates have led North P&I Club to declare its intention to seek a 10% General Increase in P&I rates for the 2021/22 policy year.In its 2020 Pre-Renewal Report, North says its retained claims so far this year declined…
We all think about how to train to produce better outcomes – because better training outcomes mean better performance, safer operations, and employees who are more engaged and more satisfied. But there is a much “bigger picture” goal that only…
The World Trade Organization said on Friday global trade in goods had rebounded in the third quarter from COVID-19 lockdowns, but predicted a slowdown at the end of 2020.The WTO said its goods trade barometer had risen to 100.7 points from a record low of 84…
Container shipping group CMA CGM said on Friday shipping activity remained strong in the final quarter of 2020 after a rebound from initial coronavirus-related disruption boosted the French company's third-quarter profits.CMA CGM, the world's fourth-largest container shipping line…
Brent Perry, CEO of Sterling PBES is a 40+ year veteran of the marine business, and one of the pioneers in delivering battery solutions to boats and ships at sea. Please give us a by the numbers look at Sterling PBES today?Right now we are…
Lebanon's authorities signed a contract this month with a German company to clear dangerous material stored for more than a decade at Beirut port, the site of a seismic blast in August that killed about 200 people and wrecked swathes of the capital…
Dredging contractor Callan Marine announced it has hired Matt Sitka as the Galveston, Texas-based company's new chief financial officer.A 15-year veteran of the industrial services, dredging, and marine construction industry, Sitka, CPA, MBA…
China, the global oil market's lifeline this year, has stepped up purchases from exporters like Russia, the United States and Angola in recent weeks, while buyers elsewhere pare orders as coronavirus infections surge and fresh lockdowns are put in place…
The future of shipping is here, and it will not surprise industry observers to see Norway in the pole position as autonomous vessels enter commercial operations. Norway has long been on the bleeding edge of shipping innovation. In 2015, the…
Record cargo imports are causing delays that are rippling from the nation’s busiest U.S. port complex to other parts of the transportation network, port officials and other executives said.Total volume at the Port of Los Angeles hit 980,729 20-foot equivalent units (TEU) in October…
Egypt’s Suez Canal revenue rose to $490.2 million in October from $470.7 million in September, the cabinet said on Thursday.The canal is the fastest shipping route between Europe and Asia and one of the Egyptian government’s main sources of foreign currency…
Havyard said that its complete hydrogen system for ships will be completed in 2021, and to that end the group is establishing a separate company to meet market demand for the solution, which will make it possible also for large ships to sail longer distances with zero emissions…
The long-established processes and practices associated with bulk commodity shipping present distinct challenges. For cargo owners, they mean a lack of transparency – leading to significant inefficiency and waste. OceanSMART Managing Director…
Global container shipping rates have surged to records on a spike in restocking demand in the United States and Europe, container scarcity at export hubs, and changes in freight flows because of the coronavirus pandemic, shipping sources said…