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Coast Guard Academy Cadet Receives Fulbright Award

May 08, 2020

First Class Cadet Owen Gibson, a Civil Engineering major from the U.S. Coast Guard Academy, has received a Fulbright Award to pursue a two-year Master of Science degree in Water Resource Engineering and Management at the University of Stuttgart…

Damen Hosts Digital Steel-Cutting Ceremony

May 08, 2020

Damen Yichang Shipyard in China recently hosted a different kind of steel cutting ceremony for a RoPax Ferry 6716 being built for the Government of Timor-Leste.Ordinarily, Damen would invite its clients and guests to attend the celebratory event…

Port Hedland Iron Ore Shipments to China Up 10.6%

May 08, 2020

Australia's shipments of iron ore to China from the world's top export hub of Port Hedland jumped to 38.7 mln tonnes in April, data from the port authority showed on Friday.Shipments were up by 10.6% from a year earlier, although they shrank by 4…

IMO Endorses Shipping Industry's 12-step Plan for Crew Changes

May 07, 2020

The need for ships to change crews and for the world's 1.2 million seafarers to be able to fly home at the end of their periods of service have emerged as two of the biggest challenges facing the shipping industry as a result of the COVID-19 pandemic…

Vard Marine Names Carson CEO

May 07, 2020

Naval architecture and marine engineering firm Vard Marine Inc. announced Thursday that Wade Carson will succeed Dave McMillan as president and CEO upon McMillan's retirement on May 31.Carson has been with Vard for 18 years. For the past six…

MCTC Opens Singapore Office

May 07, 2020

MCTC announced it has opened an office in Singapore to service its growing client base in this important international maritime hub. The experienced team at MCTC Singapore will support local clients as well as the galley crews through regular vessel visits in the port…

Cyprus Adopts Formal Crew Change Process

May 07, 2020

The Cyprus Shipping Deputy Ministry (SDM) formally announced it has adopted a new process to facilitate crew changes during the COVID-19 pandemic. Crew changes for vessels are possible in Cyprus provided certain conditions are met. The relevant…

Brazil's Itaqui Port Open Despite Lockdown, Grain Shipments Up

May 07, 2020

Brazil's Itaqui port, from where more than 10% of the country's soybeans were exported in 2019, has not been affected by lockdown measures imposed this week in Maranhão state, said Ted Lago, the port's president, on Thursday.Port activity is considered exempt from the order and personnel…

China's Iron Ore Imports Jump in April

May 07, 2020

China's iron ore imports in April rose 11.4% from a month earlier on robust demand from steelmakers, as downstream sectors started to emerge from lockdowns to contain the coronavirus epidemic.Arrivals of the steelmaking ingredient were 95.71 million tonnes last month…

Chinese Coal Imports on the Rise

May 07, 2020

China's coal imports in April surged 22% from a year earlier, as traders scrambled to snap up low-cost coal from the seaborne market amid plunging demand for the fuel worldwide because of the coronavirus pandemic.The world's largest coal buyer imported 30…

Thome Group Shifts to Remote Audits Due to COVID-19 Restrictions

May 07, 2020

Singapore-based ship management company Thome Group said it has undergone a series of remote audits with DNV GL in various locations due to the widespread lockdown restrictions across the globe.Thome Mumbai office’s annual ISO 9001:2015 audit…

China's Soybean Imports Slide 12%

May 07, 2020

China's April soybean imports fell 12% from a year earlier, customs data showed on Thursday, with analysts citing the impact of bad weather delaying cargoes from top supplier Brazil.China, the world's top soybean buyer, brought in 6.714 million tonnes of the oilseed in April…

DP World Launches $9 Billion Financing

May 07, 2020

UAE global port operator DP World has launched a $9 billion financing into a targeted syndication process involving less than 10 banks, according to banking sources.The financing, which backs the borrower's privatization, was expected to sell down in a general syndication…

Port of Los Angeles 2020 Cargo Volume Down 15.5%

May 06, 2020

Cargo volume at the Port of Los Angeles is down 15.5% so far this year as the novel coronavirus upends economies around the globe, Gene Seroka, executive director of the busiest U.S. seaport, said on a webcast on Wednesday.April volume was down 6…

Will FMC's New Demurrage & Detention Rules Aid NVOCCs?

May 06, 2020

On April 28, 2020, the Federal Maritime Commission (FMC) released the long-awaited interpretive rules in Docket No. 19-05 relating to how ocean common carriers may lawfully apply demurrage and detention charges to exporters, importers and ocean transportation intermediaries…

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