As of June 1, 2019, Bludworth Marine, LLC has relocated their corporate headquarters to Galveston, Texas. The new location, at 320 77th Street, is minutes from the Bludworth Marine 100' x 300' graving dock location and the Port of Galveston Pier 38 dockside location…
Fitch Ratings has assigned a 'AA' rating to the Massachusetts Port Authority's (Massport) approximately $460 million series 2019-B and C senior lien revenue bonds. The Rating Outlook is Stable. Key Rating DriversThe 'AA' revenue bond rating…
Port of Oakland Executive Director Chris Lytle is sounding an alarm over the trade war with China. The veteran maritime leader this week warned that tariffs imposed by both sides threaten the U.S. economy. He added that trade barriers could dry up his customers’ access to a major export market…
The global downturn in offshore energy is well recorded, a downturn which has had impact on various arms of the energy and marine supply chain. While Goltens has felt the downturn like many other companies, it is reporting 'cautious optimism'…
The expedition cruise ship market maintains its torrid pace with news that Oceanwide Expeditions has orders another Polar Class 6 ship, following the success of its ship Hondius.Croatian shipyard Brodosplit, the builder of Hondius, won the follow on order for M/V Janssonius…
NewbuildingSince the beginning of the year, 100 newbuild orders have been placed across the tanker sector. This is a considerable amount lower than the same period last year, when 140 vessels were placed. It is no surprise to see the Greeks…
Iranian officials told Reuters on Friday that Tehran had received a message from U.S. President Donald Trump warning that a U.S. attack on Iran was imminent but saying he was against war and wanted talks on a range of issues.News of the message…
China's iron ore futures extended gains on Friday after touching a record high in the previous session, as concerns persisted over tight supply amid declining shipment from Rio Tinto and expectations of strong demand.Mining giant Rio Tinto on…
The inland terminals CTU in Lelystad, HOV Harlingen and Westerman Multimodal Logistics in Hasselt joined the North West Central Corridor in June.The new partnership of deep-sea terminals, inland terminals and inland shipping companies on the…
European Community Shipowners' Associations (ECSA) has organized a workshop on the subject of ocean governance on 18 June 2019, with the support of the International Chamber of Shipping (ICS) and hosted by the Permanent Representation of Malta to the EU…
Hitoshi Nagasawa, the new president of Japanese shipping giant Nippon Yusen (NYK), made his inaugural speech to the NYK Group staff members at the company’s head office in Tokyo.He began his speech quoting the famous Japanese entrepreneur Konosuke Matsushita…
Containerships, subsidiary of CMA CGM, has taken delivery of its second LNG-powered containership, the Containerships Polar.As the second LNG-powered ship for Containerships and the CMA CGM Group, the Containerships Polar will be phased into…
Resolve Marine Group was awarded the prestigious AMVER (Automated Mutual Assistance Vessel Rescue System) Award for work done by privately funded Emergency Response Salvage Tug the Resolve Pioneer.It was presented to Resolve by the United States Coast Guard Commandant…
NSRP is a national collaboration of private shipbuilders that provides framework to improve shipbuilding processes. NSRP focuses on national shipbuilding and naval practices to improve the efficiency of the U.S. shipbuilding and ship repair industry…
Former ocean carrier executive is association’s unanimous choice.The American Association of Port Authorities (AAPA), the unified and recognized voice of seaports in the Americas, announced today that it has unanimously chosen Christopher J…
