In the murky story of how a cache of highly explosive ammonium nitrate ended up on the Beirut waterfront, one thing is clear—no one has ever publicly come forward to claim it.There are many unanswered questions surrounding last week's huge, deadly blast in the Lebanese capital…
Insurance claims for damage to ships, goods and the port itself after a warehouse explosion last week in the port of Beirut were likely to total less than $250 million, reinsurance broker Guy Carpenter said on Monday.Overall insured losses…
The International Maritime Organization (IMO) has published its remote meetings calendar for the rest of 2020 after its initial agenda of IMO Council and Committees sessions was scrapped due to the coronavirus pandemic.The first scheduled meeting is set to be a simultaneous…
Venezuelan state-run oil firm PDVSA has begun offering to ship its own oil, figuring in the costs in crude supply deals to help customers who have struggled to hire vessels to carry the country’s oil due to U.S. sanctions, according to company documents seen by Reuters…
Towage operator Svitzer announced Monday that effective September 1, 2020, Lise Demant will leave her role as global chief commercial officer and take up the position of managing director for Svitzer’s Europe region, succeeding Kasper Friis Nilaus…
The chairman of Libya's National Oil Corp (NOC) on Saturday warned against the risk of a disaster at the country's oil ports due to a growing military presence with storage tanks held at capacity for months due to a blockade.'Oil ports are closed…
Having redeveloped its World of Ports portal from the ground up over the last 18 months, Inchcape Shipping Services has rolled out the first release of Version 2.0 focusing on Port Data and ship-to-berth compatibility. VP of Sales & Product…
The Equinor Board of Directors appointed Anders Opedal as its new president and CEO starting November 2, 2020. Eldar Sætre will retire after six years as CEO and more than 40 years in the company.Opedal ascends to the top spot coming from the position as Executive Vice President Technology…
The devastating explosion in Beirut should be a wake-up call for countries on the dangers of ammonium nitrate, which caused the blast, experts say.Lebanese authorities said 2,750 tonnes of the industrial chemical had been stored for six years at Beirut port without safety measures…
Lebanese authorities have arrested 16 people in an investigation into the Beirut port warehouse explosion, state news agency NNA said on Thursday, and a judicial source and local media said the port's general manager was among those being held…
In order to enable crew changes, the Government of Jamaica (GOJ) has listed seafarers among the class of “essential workers” under its Disaster Risk Management Act and has put in place measures to speed up the transit of registered seafarers through its borders…
Container shipping group CMA CGM said on Thursday that one of its staff who was missing after an explosion that ripped through Beirut port on Tuesday has died.The French-based company in a statement said that two of its staff in Beirut were seriously injured and many slightly hurt…
Leading container lines are diverting ships to Lebanon's smaller terminal of Tripoli after the devastating explosion at Beirut's port that killed 145 people also paralysed vital trade.Lebanon, which imports almost all it uses, relies on container…
U.S. inland barge transportation company American Commercial Barge Line (ACBL) has named Mike Ellis as the company’s new chief executive officer and a member of its board of directors, effective August 17, 2020.Ellis will take the helm following…
Handling of steel boxes throughout the shipping, ports and logistics supply chain has historically grown exponentially, putting strains on a range of operational procedures and the physical hardware employed to handle the steel boxes, particularly onboard ships…