The second phase in a major upgrade of Scrabster Harbor in Caithness, the North of Scotland, has secured up to GBP3 million investment from Highlands and Islands Enterprise (HIE).The funding will enable the redevelopment of the existing St.…
Associated British Ports (ABP) announced new customers for the Port of Immingham this week as the port welcomed the first vessel in a new contract with customers Top Blue and The Fuel Trading Company.The new deal is expected to bring an extra 30…
NEW YORK, Aug 5 (Reuters) - Stock markets around the world fell hard on Monday on fears that China's willingness to let the yuan slide in response to the latest U.S. tariff threat could further aggravate trade-related tensions between the world's two largest economies…
Crowley Maritime Corp. announced new leaders in its Solutions group to support the continuing focus and growth in its government service offerings. This enhanced alignment will leverage commercial best practices in the transportation, energy…
The latest Seafarers Happiness Index report, published by The Mission to Seafarers, has revealed that seafarers working onboard cruise ships and ferries rank among the unhappiest in the industry.The report, which is produced in association with leading mutual P&I insurer the Shipowners’ Club…
Maritime Strategies International has unveiled MSI Horizon, a new digital platform which enables clients to access the consultancy’s proprietary macro and shipping market models and asset valuations data via a single interface.The creation of…
The American Equity Underwriters, Inc. (AEU) was recently named as one of the Best Companies to Work for in Alabama in an annual ranking compiled by Business Alabama and Best Companies Group.This survey and awards program was designed to identify…
The Board of Directors of StormGeo has appointed Søren Andersen as the new CEO of StormGeo. Andersen will take up his new position on September 2, 2019. Interim CEO, Henrik Dahl, will reassume his role as Non-executive Director on the Board of Directors of StormGeo…
Fabio Teti, Chairman of the Board of NASCENT Technology, has announced the appointment of Ray West to President and CEO effective August 5, 2019.West is an experienced executive with a 30-year successful track record in the transportation industry…
Seacor Holdings Announces Acquisition of Joint Venture Partner’s Interest in Sea-Vista.SEACOR Holdings Inc. announced that it has become the sole owner of its consolidated SEA-Vista joint venture, acquiring through a subsidiary the 49% interest…
The dry bulk freight market is expected to benefit in the second half of 2019 and early 2020 from many larger ships being taken out of service for several weeks for scrubber installation, said Hong Kong-based Pacific Basin Shipping Limited.The…
The European Commission has approved, under EU State aid rules, Romania's plans to grant EUR27.4 million investment aid to the Port of Galați, the largest sea-river port in the country.In April 2019, Romania notified the Commission of its plan to grant investment aid to the Port of Galați…
Cambridge-based data visualization company GeoSpock is collaborating with the Baltic Exchange to build the world’s most advanced maritime spatial database.'This digital initiative will have a specific focus on shipping emissions, enabling…
Following the friendly takeover bid for CEVA Logistics, the CMA CGM Group has implemented a turnaround plan which includes a new governance, a new brand identity and priorities reset. CEVA’s new operations center opened in Marseilles.The CMA CGM Group now holds 99…
Contract negotiators between striking Alaska ferry boat workers and state officials have reached a tentative deal to end a 9-day-old walkout that has shut down the state Maritime Highway System, a federal mediator said on Friday.About 420 members…