The Mosel River in Germany will remain closed to cargo shipping in January despite the success of a temporary lock helping to free vessels trapped on the river after an accident, navigation authorities said on Thursday.The temporary lock will…
Eastern Shipbuilding Group (ESG) reached an exciting milestone today, initiating steel cutting for the first of four advanced escort tugs for Saltchuk Marine at its Allanton Facility. Attending the ceremony were key members of Saltchuk's leadership team…
The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Wednesday, hitting its lowest level in nearly 17 months, as rates dipped across all vessel segments.The index, which factors in rates for capesize…
The arrival of the dredger Willem Van Rubroeck in Ndayane has marked the start of maritime works for the $1.2 billion Port of Ndayane, a project led by Dubai-owned ports and logistics firm DP World, which aims to transform Senegal into a major center for global trade…
The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, retreated on Tuesday rates dipped across all vessel segments.The index, which factors in rates for capesize, panamax and supramax shipping vessels…
Tanco Terminals is constructing a $8.2 million expansion of its liquid tank farm at Ports of Indiana-Burns Harbor to support growth in Lake Michigan shipments. Tanco is a third-generation, family-owned business operated at the port since 1977…
Ukraine said on Monday Russia was to blame for a major oil spill in the Kerch Strait that leads into the Black Sea, accusing Moscow of breaking navigation safety rules by using old tankers and keeping two vessels at sea during a storm.A Russian oil tanker split apart during a storm on Sunday…
The Mosel in west Germany was partially reopened to cargo shipping on Monday after a temporary lock was installed over the weekend, but the number of vessels able to sail will be limited, navigation authorities said.The river, an important transit…
Navigation authorities will attempt to install a temporary lock system on the river Mosel in west Germany this weekend to enable the river, an important route for grains and rapeseed shipments to and from Germany and France, to reopen to cargo shipping…
Taiwan's defense ministry on Thursday closed an emergency response center opened earlier this week in response to what it said were stepped up Chinese military activities nearby, likely signaling an end to Beijing's maneuvers.Taiwan's defense…
The lush river valleys of El Zaino y La Arenosa in western Panama, home to hundreds of families that eke out a living farming, fishing and raising cattle, could soon be submerged by a massive man-made reservoir designed to ensure the viability of the Panama Canal in the face of a changing climate…
Gatehouse Maritime, a provider of AIS (Automatic Identification System) network monitoring and maritime domain awareness software, announced the award of a new contract from the U.S. Army Corps of Engineers.The contract, initially set for one year…
Trelleborg Marine & Infrastructure, a provider of engineered polymer and technology solutions for the marine, infrastructure, and energy industries, has signed and finalized an agreement to acquire Mampaey Offshore Industries. The acquisition…
Port as primary gateway for Northern California region a key credit strength. Moody’s Investors Service, Inc. (Moody’s) has maintained the Port of Oakland's senior lien rating at A1 stable. The A1 stable senior bond rating reflects the Port’s strong liquidity…
Shipments of iron ore on the Great Lakes totaled 4.3 million tons in November, a decrease of 4.7 percent from 2023. Shipments were below the month’s 5-year average by 3.5 percent.Year-to-date the iron ore trade stands at 45.2 million tons, a decrease of 2…
