Maersk said on Monday it had agreed to buy Sweden-based customs broker KGH Customs Services for 2.6 billion Swedish crowns ($281 million), as the container shipping group seeks to expand its end-to-end logistics services.Maersk since 2016 has…
Port states benefit greatly from the vessels that call at their ports, loading and unloading cargoes with great efficiency and speed. The items manufactured in those states and sold overseas keep many of their citizens gainfully employed. The…
JRC/Alphatron Marine said that Maurice Rutten was appointed Chief Executive Officer and Ryo Yajima in the position of Chief Commercial Officer of Alphatron Marine Systems Pte Ltd. as of July 1, 2020.In this position Rutten will be responsible for the operation of Alphatron Marine Systems Pte Ltd…
Rotterdam-based McNetiq launched a new line of magnetic anchors for fall protection when working at height.The first product in this series from McNetiq is the workplace safety device McNetiq Fall Restraint, intended for workplaces constructed of steel without edge protection…
The National Cargo Bureau is calling for reforms to stem the increasing number of container-related incidents caused by poorly stowed, undeclared or misdeclared dangerous cargoesThe National Cargo Bureau (NCB) – a U.S. inspection body authorized…
To provide preventive and predictive maintenance services, combined with workshop services for clients operating worldwide in the offshore oil, gas, marine and renewables industry, the Dutch Van Aalst Group recently set up Nortek Services AS in Kristiansand…
The Baltic Exchange's main sea freight index rose to register a seventh straight weekly gain on Friday, as demand gained steam across all vessel segments.The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and reflects rates for capesize…
The newly elected President of The Nautical Institute, Jillian Carson-Jackson has vowed to help the Institute and wider maritime community meet three important challenges – those of diversity and inclusion, branch engagement and managing the impact of technology…
Reduced volumes are currently posing a major challenge to container shipping due to the COVID-19 crisis. So far, freight rates have been held up by the massive blanking of sailings that carriers have put in place.However, even before this crisis…
David Loy Stewart Sr, former owner and Chairman of the Board at ship repair yard Detyens Shipyards, Inc. in North Charleston, S.C. passed away on Tuesday, June 30, 2020, at the age of 72.Loy, husband of the late Judy Ann Detyens Stewart, was born September 15…
Chinese ports are struggling to unload record volumes of crude with storage tanks full after the country rushed to buy extra barrels during April's oil price crash, according to traders and shipping data seen by Reuters.More than 80 million…
The Baltic Exchange’s main sea freight index rose for the 24th straight session on Wednesday, helped by a modest increase in capesize and supramax rates.The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and reflects rates for capesize…
SENER Group announced it has appointed a new president and new CEO to usher in a new leadership phase at the Spanish-based engineering company. Andrés Sendagorta has been named President of the SENER Group, and Jorge Sendagorta Cudós its new CEO…
Inchcape Shipping Services (ISS) CEO Frank Olsen opens up on the challenges of COVID-19, the benefits of a global network, and a fundamental shift in the established ships agency marketplace. Change, he says, is coming.“I haven’t spent this much time in Norway…
Brazil is expected to export 11.9 million tonnes of soybeans in June, a 37% rise from the same month last year, as Chinese demand remains strong and ports operate normally amid the COVID-19 pandemic, industry group Anec said on Tuesday.Exports of corn from Brazil are seen at 774…