Join a webinar on June 17, 2020 for the global release of a major new market study on the depth, breadth and growth prospects of the Offshore Wind Market -- https://zoom.us/webinar/register/WN_UR5uY1boTOKdAAcAXDbR4gJust when it was looking…
The President of the Port Authority of Valencia, Aurelio Martínez, has indicated that 'the large infrastructures are the key to maintaining a presence abroad and to face the forecasts that indicate that the growth of the commercial flows of…
In today’s environment, the overarching challenge for the American tugboat, towboat and barge industry is to continue transporting the vital commodities that help keep our nation’s economy moving during a highly uncertain time, while taking…
The only orders to be placed since the beginning of the year are from OOCL and Great Horse China for a combination of 7 ULCV’s ranging in size. This is a drop of 86% compared to this time last year and can only be due to the Covid-19 outbreak…
New Zealand said on Friday that it would allow entry of some maritime vessels as it looks to open up its economy after lifting all coronavirus restrictions earlier this week.Cruise ships and people traveling for leisure, however, will continue to be banned from entering the country…
A new insurance services business has been launched to protect maritime companies from cyber threats. Offering risk management, underwriting and analytics, Astaara Company Limited said it aims to modernize this area of the insurance industry…
While St. Lawrence Seaway cargo volumes decreased during the past two months due to economic shifts related to COVID-19, industry leaders said the binational trade and transportation corridor is ready to play its part in the economic recovery efforts in the coming months…
First financial steps have been made to cement the planned succession process of Torben Østergaard-Nielsen’s global shipping group United Shipping & Trading Company (USTC), based in Middelfart, Denmark.The next generation in the family-owned business…
The coronavirus pandemic has shutdown much of the U.S. economy for months and even as parts of it reopen, the data is beginning to reveal the extent of the damage that has been done and a slow recovery is taking a tentative shape.The second…
As the coronavirus pandemic reaches deep into Brazil’s Amazon, a ceaseless stream of trucks carry soybeans and construction workers to an expanding port complex in the heart of the forest.Indigenous activists have opposed the Itaituba port in Pará state for nearly a decade…
The coronavirus pandemic and ongoing U.S.-China trade tensions threaten the peak holiday shipping season for the Port of Los Angeles, which just suffered its slowest May in more than a decade, Executive Director Gene Seroka said on Wednesday…
Steve Parks, a long-tenured and well-known maritime media marketing persona, passed away suddenly of a heart attack on June 7, 2020. He was 45.Steve began his career in maritime publishing in 1998 selling the Shipping World & Shipbuilding. He…
China's Shanghai International Energy Exchange (INE) published rules for the low-sulphur fuel oil (LSFO) futures on Wednesday, according to the exchange's website.The new futures contract, which will be launched on June 22, will be traded at 10 tonnes per lot…
Classification society DNV GL launched a new guidance on vessel recycling to help shipowners navigate a regulatory environment that is becoming increasingly complex.With the IMO Hong Kong Convention not yet in force, strict enforcement of the…
William P. Doyle, a former U.S. Federal Maritime Commissioner, has been hired to lead the Port of Baltimore as the new executive director of the Maryland Port Administration, Maryland Governor Larry Hogan announced.Currently CEO and Executive Director of the Dredging Contractors of America…