Maritime accident investigation reports for collisions, explosions, capsizings and allisions and the lessons learned within those reports are detailed in the National Transportation Safety Board’s Safer Seas Digest 2017, released online Thursday…
The Hague-based BAM International, together with JJM Construction (Canada) and Manson Construction (USA), has received the full order to build the new Rio Tinto BC Works Terminal A on behalf of LNG Canada.The mobilisation and construction works…
Credit rating agency Moody’s warned on Thursday that global economic growth was likely to slow in the next two years and that it expected the trade war between the United States and China to escalate further.'We expect global growth to slow to under 3…
CEO sees box shipping volumes growing 3-4% annually from 2018 to 2019, lower than sector experts estimate due to geopolitical risks.Hapag Lloyd also expects global demand to outstrip supply growth over next two years.CEO also says ship scrapping…
Napier Port’s resource consent applications to build an additional wharf on its container terminal and carry out further dredging have been approved.According to the New Zealand port operator, it is a vital regional asset which supports local business to employ an estimated 27…
The development that saw no U.S. seaborne exports of crude oil to China in August has continued into September, according to BIMCO. This is despite crude oil not being a part of the ‘official trade war’.“The trade war between the U.S. and China…
China will encourage mergers and consolidations among central government-held shipping companies, the head of the state assets regulator said on Tuesday.Xiao Yaqing, chief of state-owned Asset Supervision and Administration Commission (SASAC)…
U.S. Transportation Secretary Elaine L. Chao announced that the U.S. Department of Transportation’s Build America Bureau will provide up to a $5.95 million Railroad Rehabilitation and Improvement Financing (RRIF) loan to the Port of Everett in the State of Washington…
PitPoint.LNG, a joint venture between PitPoint clean fuels and Primagaz Nederland BV, received the official permit for the construction of Europe’s first shore-to-ship (STS) bunkering station for LNG in the Port of Cologne.With this important milestone now in place…
When Jonathan Daniels, executive director of the Mississippi State Port Authority at Gulfport spoke to the audience at the annual state of the port luncheon July 27, 2018 at the newly rebuilt Island View Casino, he had a lot to offer in terms of jobs…
Maritime Administrator Mark Buzby has announced Jack Buono as the new superintendent for the U.S. Merchant Marine Academy.Buono will take command at the Academy on November 9, having most recently served as President and CEO of ExxonMobil’s shipping subsidiary…
The world's biggest oil traders are gearing up to cash in on big disruptions that could hit the shipping fuel market in just over a year due to new U.N.-mandated environmental rules.International Maritime Organization (IMO) regulations will cut the limit for sulphur in marine fuels globally from 3…
The following information was released by the Port of Los Angeles:Because our facilitation of a safe and secure supply chain is top priority at the Port of Los Angeles, the incident involving an export-bound shipping container that exploded…
The trade war and particularly the Chinese tariffs on imports of U.S. soya beans can now clearly be seen with the start of the soya bean peak exporting period in the U.S. In the first eight weeks of the 2018/19 marketing year accumulated U.S…
A vessel carrying soybeans from the United States to China changed its destination to South Korea on Thursday, shipping data showed, amid a trade war that has decimated U.S. shipments of the commodity to the world's top oilseed importer.The Star Laura…
