German container liner Hapag-Lloyd on Thursday announced it has completed its acquisition of a minority stake in Italy-based logistics company the Spinelli Group as global shipping firms continue to expand their port presence amid prolonged supply chain disruption…
The Port of South Louisiana (Port SL) said it has reached a deal with T. Parker Host to buy the Avondale Global Gateway, a logistics hub at site of the former Avondale Shipyard.The acquisition of this 254-acre facility at mile 108 of the Mississippi…
The Port of New York and New Jersey has held onto the title as the United States’ busiest container port for a fourth consecutive month.In recent months, U.S. East Coast ports have reported elevated container volumes as trade diverts from the U…
Japanese container shipping company Ocean Network Express (ONE) announced it has acquired controlling stakes in three California container terminals amid a push by many of the world's largest global shipping lines to expand their presence in the port infrastructure component of the logistics chain…
Danish shipping giant A.P. Moller - Maersk announced it is partnering with U.S.-based SunGas Renewables to secure a supply of green methanol to fuel its next generation of cleaner burning containerships.Under a recently signed letter of intent (LOI)…
Van Oord announced it has accepted delivery of its new trailing suction hopper dredger (TSHD), Vox Apolonia, from Keppel Singmarine Pte Ltd shipyard in Singapore.The newbuild is the second in a series of three new dual-fuel liquefied natural…
Danish shipping giant A.P. Moller - Maersk announced it is partnering with U.S.-based Carbon Sink to secure a supply of green methanol for its next generation of cleaner burning containerships.Under a recently signed letter of intent (LOI),…
Hapag-Lloyd announced it has closed its acquisition of the container liner business of German carrier Deutsche Afrika-Linien (DAL), as the German liner shipping company aims to continue its growth in the South African market.Hapag-Lloyd, which signed the framework agreement in March 2022…
Galveston-based Callan Marine possesses one of the youngest, most powerful dredge fleets in America. “Our oldest dredge is 11 years old, so we have a nice modern, new fleet, which really helps us in our performance,” said the company’s president…
The U.S. Senate on Tuesday confirmed Ann C. Phillips as Administrator of the U.S. Maritime Administration (MARAD), filling a position that has been left vacant at the Department of Transportation (DOT) since January 2021. Phillips was confirmed by a vote of 75-22…
There’s often an upside to being among first-movers in an emerging industry, but many are often stifled by the risk inherent to new ventures. For Crowley, which today is leading the charge on a number of maritime fronts such as sustainability and decarbonization…
A new innovative device has been engineered to improve docking safety.Designed to be installed on quay walls, the Dynamic Protective Barrier features a novel mechanism to dissipate energy for short duration impact caused by docking vessels.Matthew Czerniatewicz…
The U.S. Coast Guard on Tuesday issued a statement expressing its commitment to crack down on sexual assault offenders in the maritime industry.The statement comes as the Coast Guard, U.S. Department of Transportation's Maritime Administration…
The $1 trillion infrastructure package headed to President Joe Biden to sign into law will provide a welcome funding injection for America’s inland waterway infrastructure.The bipartisan Infrastructure Investment and Jobs Act was approved by…
President Joe Biden intends to nominate Ann Phillips to serve as Administrator of the U.S. Maritime Administration (MARAD) at the Department of Transportation (DOT), the White House announced Thursday. The position has been vacant since Mark…
