The Baltic Exchange's main sea freight index edged up on Friday, helped by rising rates for capesize vessels.The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and reflects rates for capesize, panamax and supramax vessels…
Genting Cruise Lines said it will be the first international cruise company to restart operations with the deployment of Dream Cruises’ Explorer Dream to Taiwan, where it will begin “Taiwan Island-Hopping” itineraries on July 26 2020.Upon the ship’s arrival in Keelung on June 40…
While COVID-19 has proven to be the biggest business disruption event in generations, for the once-booming cruise shipping industry it has meant a hard stop. Getting back to cruising will be neither fast nor easy. We reached out to Captain Havard Ramsoy…
A custom-designed Liebherr LHM 600 mobile harbor crane has been in operation for the Canaveral Port Authority since beginning of 2019. The special modified machine is the largest mobile harbor crane in the U.S. to handle all types of heavy cargo…
Alameda County labor leader Andreas Cluver has been elected President of the Port of Oakland’s governing Board. The seven-member Board of Port Commissioners chose Cluver at a special meeting this week. Oakland Chamber of Commerce President…
U.S. Great Lakes ports reported mixed results in June with aluminum, road salt and grain shipments holding strong despite the coronavirus pandemic, while shipments of commodities related to steel production and manufacturing have continued to slide…
Teledyne Marine reports that its Slocum G2 Glider dubbed Silbo, manufactured by Teledyne Webb Research, completed a 4+-year journey that circumnavigated the Atlantic Ocean in four legs, a first for an autonomous underwater vehicle (AUV).“Born out of Dr…
NYK Line (Vietnam) Co. Ltd. acquired 15% of total issued shares of Thoresen Vinama Tug Co. Ltd. (TVT hereunder) and entered the tugboat business at Phu My and Cai Mep ports in Vietnam.TVT has two tugboats providing tugboat services at Phu My and Cai Mep ports…
Cryopeak LNG Solutions Corporation said Wednesday it has signed a Memorandum of Understanding with marine bulk fuels transporter Island Tug & Barge Ltd. (ITB) to deliver liquefied natural gas (LNG) bunkering services in Southwest British Columbia…
Freight-forwarding and logistics company Maurice Ward Group has opened a new office in Antwerp, Belgium.The office will be led by branch manager Nancy Verstraeten, who brings to the role more than 20 years of freight forwarding experience.“We…
German container shipping line Hapag-Lloyd on Wednesday reported preliminary results for the first half of 2020 showing core profits above those of the same 2019 period and upholding its guidance for full year earnings.However, the company said…
The Baltic Exchange's main sea freight index fell on Wednesday, weighed by capesize rates hitting their lowest level in nearly a month and lower earnings at the panamax segment.The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and reflects rates for capesize…
The record low 41 large shipping losses worldwide in 2019 represents a 20% improvement year-on-year and almost 70% over a decade, but the coronavirus crisis could endanger the long-term safety improvements in the shipping industry for 2020 and beyond…
Shipowners Claims Bureau, Inc. (SCB), the Managers of the American Club, has announced senior appointments to its management team in New York. Dorothea Ioannou takes on the role of Deputy Chief Operating Officer (DCOO) with immediate effect…
The Isle of Man Ship Registry is set to launch what is reported to be the first seafarer welfare app designed by a ship registry. Set to launch in July 2020, the app will be free to around 11,000 seafarers sailing on more than 400 vessels under the Isle of Man flag…