Italian shipbuilder Fincantieri has cut the first steel for British–American cruise line Cunard’s newest ship to start construction on the 249th ship of the luxury cruise line, marking an exciting moment in the company’s 179-year history. The…
Japanese shipping line Mitsui OSK Lines (MOL) collaborated with Oki Electric Industry (OKI), to launch a joint study on the use of OKI's bird's-eye view monitoring system to monitor a 360° field of view around a tugboat.The system was installed…
Germany's Federal Minister for Economic Affairs and Energy Peter Altmaier and coastal states agree package of measures for shore-generated power.Instead of burning fossil fuels to generate shipboard electric power, in future vessels in port should be using renewable shore-based energy…
APM Terminals Barcelona has reached a new milestone in its history, breaking the record for movements during a call by registering 5,394 movements on the Millau Bridge ship, which belongs to The Alliance, the terminal's main service.It is the…
German cargo container shipping line, Hapag-Lloyd AG, officially opened its headquarter for the new region.CEO Rolf Habben Jansen presented the keys of the office complex in Genoa (Italy) to the new Senior Managing Director Juan Pablo Richards…
The Baltic Exchange's main sea freight index, which tracks rates for ships ferrying dry bulk commodities, edged lower on Friday, weighed down by lower capesize vessel rates, while the main index posted its first weekly rise in five.The Baltic index…
The visit of the cruise ship AIDAprima on Saturday, October 12, marked the end of the oceangoing cruise season in Kiel, and what a season it was with ship visits and passenger numbers up over 2018.In total the port was visited 174 times (2018…
Dachser appoints Edoardo Podestá as the Chief Operations Officer (COO) of the Air & Sea Logistics business field. Podestá replaces Jochen Müller in this position.Dachser and the current COO Air & Sea Logistics, Jochen Müller, have mutually agreed not to extend his contract when it expires in 2020…
DSC Dredge, LLC wins bid for a new, non-propelled, cutter suction head dredge solicited by The Marine Design Center (MDC) of the U.S. Army Corps of Engineers (USACE) earlier this month. When completed, the new cutter suction head dredge will operate out of Astara…
Nearly 300 oil tankers globally have been placed off limits as companies fear violating U.S. sanctions against Iran and Venezuela, driving freight rates to new highs, industry sources said.The move has taken roughly 3% of the global oil tanker fleet out of the market…
China National Offshore Oil and Gas Company (CNOOC) is on the hunt for liquefied natural gas (LNG) tankers to charter, several industry sources told Reuters, looking to replace ships it had previously hired that are linked to a Chinese company…
Highly sought after types of oil best suited to making cleaner shipping fuel are suddenly finding they are a tougher sell for thirsty East Asian markets, traders say, in an unintended consequence of U.S. sanctions on a Chinese shipping fleet…
Oil prices jumped more than 2% on Friday, October 11, 2019, after Iranian media said a state-owned oil tanker had been struck by missiles in the Red Sea near Saudi Arabia, raising the prospect of supply disruptions weeks after attacks on Saudi oil plants…
Global Energy Group has reached an agreement with Repsol Sinopec Resources UK to take over the long-term operation of the Nigg Oil Terminal jetty under a new lease with Crown Estates Scotland.Since cessation of production from the Beatrice oil field…
DP World, a Dubai-based global port operator, announced that it has expanded its business in Peru into a fully-integrated maritime and logistics operation.It has completed the development of the first phase of the deepwater port of Posorja in Ecuador for around $538 million…