Dubai-based DP World said it has agreed to acquire a 60% stake in South Korea's UNICO Logistics Co. Ltd. as the firm continues its expansion across the worldwide end-to-end logistics supply chain. The transaction, subject to regulatory clearances…
Nigeria's Lagos Deep Offshore Logistic Base, LADOL, serving the country's offshore oil and gas industry, now has a new crane in operation - Mammoet Terminal Crane (MTC 15).LADOL and Mammoet had in January signed a partnership agreement aimed…
Qatari shipping company Nakilat said it has assumed full ship management and operations of Q-Max LNG carrier Al Samriya from Shell Trading and Shipping Company Limited with effect from 27 July, as part of the second phase of its planned fleet management transition program…
Pennsylvania Governor Tom Wolf announced that the state's Intermodal Cargo Growth Incentive Program (PICGIP), which aims to increase cargo activity by incentivizing shippers to move cargo through Pennsylvania ports, will be extended through 2022…
The United States has increased oil supply to Europe in July for the first month since May, making up for output cuts from OPEC+ members, according to traders and Refinitiv Eikon data.U.S. crude supply to Europe reached nearly 31 million barrels in July…
A free webinar will deliver latest forecasts and market intelligence for the global floating production industry, offering insider access to business and investment opportunities in the deepwater sector.Floating Production Systems: 2020 Forecasts & Analysis…
America’s port authorities are advocating for relief to manage the “extremely negative impacts” on the seaport industry brought on by the coronavirus pandemic as U.S. policymakers begin negotiations on the next COVID-19 aid package.Among the…
As I wrote in last month’s Training Tips for Ships, “If you do not measure it, you cannot manage it. This is especially true with training because the inputs (the training provided) are often far removed in time and apparent direct causality from the key output (performance)…
Press coverage of early commercial marine autonomy projects is remarkably broad given the small number of marine industry professionals engaged in bringing these projects to market. The much larger assembly of industry stakeholders are left wondering what marine autonomy means for them…
The Baltic Exchange's main sea freight index dropped to a more than one-month low on Thursday, dragged down by weakness across all vessel segments.The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and reflects rates for capesize…
The Netherlands based ship design and engineering company C-Job Naval Architects said it will open an office in Gdansk, Poland this July.The Gdansk office will pursue new markets particularly in the Baltic and Scandinavian region, with a particular…
Mention the name Henry Martyn Robert and you will probably get a blank stare from whoever you are talking to. Mention Robert’s Rules of Order and that’s completely different. Anyone who has spent any amount of time in meetings – whether business…
The Jones Act has no significant impact on the cost of living in Hawaii, according to a recent report produced by economists from Boston based Reeve & Associates (Reeve) and Hawaii based TZ Economics.“The Impact of the Jones Act on Hawaii” also found that freight rates in the U…
The Port of Paranaguá, Brazil's second busiest for soybean and sugar cargoes, is gradually resuming grain export operations after a fire that affected conveyor belts at two terminals, according to a statement from the port authority on Wednesday…
Shipping companies are still struggling to get hundreds of thousands of crew members back home after many months at sea despite pledges by countries to ease transit restrictions for seafarers, industry officials say.Countries including the UK…