Global trade by sea is dependent on the interconnection between ships, ports and people - and everyone needs to be involved, from port operators, to regulators, to maritime security experts and innovators in technology. The theme of mutual…
For the next long-term EU budget 2021-2027, the Commission is proposing EUR 6.14 billion under a simpler, more flexible fund for European fisheries and the maritime economy. The new European Maritime and Fisheries Fund will continue to…
Talks on new prices for truck freight in Brazil, following a nationwide truckers strike in May, have yet to be concluded and the lack of a deal is hurting goods transportation, Brazil's Agriculture Minister Blairo Maggi said on Tuesday.Maggi…
Shipments of iron ore on the Great Lakes and St. Lawrence Seaway totaled 6.3 million tons in May, an increase of 3.1 percent compared to a year ago, and just about on par with the month’s 5-year average, the Lake Carriers' Association (LCA) said…
Australian power producer AGL Energy said on Tuesday it has signed two agreements for its planned liquefied natural gas (LNG) import terminal at Crib Point in the southeastern state of Victoria.The first is with pipeline firm APA Group to develop and construct the Crib Point Pakenham pipeline…
Major miner Rio Tinto named Jacob Stausholm, formerly CFO of Danish shipping company A.P. Moller-Maersk, to replace outgoing financial boss Chris Lynch when he retires in September, the Anglo-Australian mining company said on Tuesday.Lynch’s retirement was announced last September…
The federal government is awarding nearly $32.4 million in funding to the Jacksonville Harbor Deepening project.“These dollars signal that the federal government believes in our deepening project and has confidence in our ability to provide a return on this investment…
Today TOTE announced leadership changes within its TOTE Maritime division. Michael Noone, currently President of TOTE Maritime Alaska will transition and become President at TOTE Maritime Puerto Rico. Grace Greene, currently Vice President and…
Teekay Offshore GP LLC, the general partner of Teekay Offshore Partners L.P. announced that Tim Cowan join as Interim Chief Financial Officer of Teekay Offshore Group Ltd., a management services company that provides services to the Partnership’s…
Hurtigruten has appointed Christine Stevens as Vice President of Sales for the Americas to be based in its Seattle regional headquarters. Stevens brings 30 years of cruise industry expertise to Hurtigruten and will lead the sales organization…
The former manager of marine fuel supplier OW Bunker's Singapore subsidiary said on Tuesday he would appeal the 18-month jail term he was sentenced to last month, his lawyer told Reuters.On May 30, a Danish city court found Lars Moller, former head of Dynamic Oil Trading in Singapore…
New-build VLCC Maran Aphrodite, which is carrying a 200,000 tonne diesel cargo from Asia, has changed its final destination for a fourth time, Reuters ship-tracking data showed.The ship was originally calling on Rotterdam before changing its destination to New York harbor on May 11…
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, inched higher on Tuesday, propped up by a rise in panamax and supramax vessel rates.The overall index, which factors in rates for capesize…
A naming ceremony was held Monday at Japan Marine United Corporation’s (JMU) Kure shipyard for the first newly built containership painted in Ocean Network Express' (ONE) corporate color.The new magenta box ship, named ONE Stork, is the 10th of 15 new 14…
The U.S. Army Corps of Engineers (USACE) announced $49 million for the Charleston Harbor Deepening Project in the Fiscal Year 18 Work Plan. The funds announced today will be coupled with financial support from the State of South Carolina to…
