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…
The Freight Unit of the National Vehicle Crime Intelligence Service (NaVCIS) has been involved in numerous theft cases related to cargo crime in the UK; most recently acting to recover £200,000 ($252,000) of stolen goods. Through the recent period of lockdown in the U…
The Baltic Exchange's main sea freight index fell on Tuesday weighed by falling rates for capesize vessels, while the panamax segment was flat following eight straight sessions of gains.The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and reflects rates for capesize…
The Water Quality Insurance Syndicate (WQIS) appointed John P. Phillips as Senior Underwriter based in Houston, TX. Phillips will report to Justin A. Mongello in New York, NY.'We are very excited to have John join the WQIS team as he brings a wealth of experience…
Marine fuels supplier Monjasa says it is further developing its services in America’s top bunkering hub.The Houston Greater Area welcomes 1,375 vessel arrivals monthly and sees marine fuels demand of an estimated 4.5-5 million metric tons yearly…
As the maritime world collectively feels its way forward in a time now defined by the COVID-19 pandemic, the organizers of the SMM in Hamburg, traditionally the world's largest and most influential maritime and shipbuilding trade event, share…