Russia is advocating expansion of ports and shipping along the Northern Sea Route (NSR).The existing excellent contacts between Port of Hamburg Marketing and Russian ports as well as the Hamburg maritime industry’s second most important trading…
Survey respondents from 46 different countries around the world highlight ‘decarbonization of shipping’, ‘new environmental regulation’, ‘societal demands for sustainability’, and ‘failure of climate-change mitigation and adoption’ as four of…
German international shipping and container transportation company Hapag-Lloyd has introduced IMO2020 Transition Charge (ITC) for short-term contracts.The introduction of the IMO2020 sulfur cap as of 1 January 2020 marks a milestone for the…
MasterCraft Boat Holdings announced that its Board of Directors has appointed current Board Chair, Frederick A. Brightbill, as Interim Chief Executive Officer, effective immediately.Brightbill’s appointment follows Terry McNew’s decision to step down as President…
Grindrod Shipping Holdings, a global provider of maritime transportation services in the dry-bulk and product tanker sectors, announced a number of transactions relating to a new financing arrangement, its fleet and share repurchases.'Further…
Maqta Gateway, a subsidiary of Abu Dhabi Ports signed a Memorandum of Understanding (MoU) with Etisalat enabling connectivity and bringing digital innovation across the port facilities.The partnership will help transform the port with technologies like cloud computing…
Lloyd's of London report stated that the cyber-attack on major ports across the Asia-Pacific could cost losses of up to $110 billion would occur in an extreme scenario in which a computer virus infects 15 ports.Despite the high costs to business and international trade…
Polish President Andrzej Duda visited the Port of Rotterdam during his State Visit to the Netherlands in connection with the 75th remembrance of the liberation of the South of the Netherlands.In the presence of Cora van Nieuwenhuizen, the Netherlands Minister of Infrastructure and Water Management…
The European Commission and Member States will establish a co-programed partnership zero-emission waterborne transport in the framework of Horizon Europe (the EU’s future research and innovation program).According to a press note, Waterborne…
The Port of Rotterdam Authority has again put its preparatory measures for a No-Deal Brexit on hold following recommendations from the Ministry of Foreign Affairs.The largest port in Europe, located in the city of Rotterdam, Netherlands, said…
The Baltic Exchange's main sea freight index, which tracks rates for ships ferrying dry bulk commodities, inched lower on Wednesday on weaker demand for panamax vessels.The Baltic index, which reflects rates for capesize, panamax and supramax vessels…
The first ULSTEIN X-BOW polar cruise vessel, ‘Greg Mortimer’ is about to set off for her first Antarctica expedition, and will cross the notorious Drake Passage on November 1. The X-BOW feature reduces the slamming in head seas. This was proven on the vessel’s transit from China to Argentina…
United States Marine, Inc. (USMI) and Brunswick Commercial and Government Products (BCGP) are pleased to announce they have entered into a Memorandum of Understanding to explore potential business opportunities.USMI and BCGP have a history of…
A.P. Moller - Maersk alongside with Wallenius Wilhelmsen, BMW Group, H&M Group, Levi Strauss & Co. and, Marks & Spencer to explore LEO - a blend of lignin and ethanol - that could be part of the future solution for sustainable shipping.From the phone…
After 26 years with Volvo and 7 as President of Volvo Penta Americas, Ron Huibers has decided to retire from his current role and move to another role within Volvo Penta. Succeeding Ron will be Martin Bjuve, currently CFO and SVP Business Office Volvo Penta…