Rear Adm. Mark H. Buzby, USN, Ret. has been sworn in as the Administrator of the Maritime Administration by U.S Secretary of Transportation Elaine L. Chao. As Maritime Administrator, Buzby will lead the agency tasked with promoting the use…
KB Associates Europe Limited KBA(E) has announced a new partnership with the local representative – Batok Offshore and Oil Services Nigeria Limited for the arrangement of KBA(E)’s specialist training courses in country; such as Client Worksite Representative…
Qatar Navigation (Milaha) , a top Doha-based shipping and logistics group, said on Wednesday it had launched a new container service to Kuwait amid a diplomatic crisis that has seen it lose access to regional trans-shipment hub, Dubai.Milaha will operate the weekly…
The United Kingdom Hydrographic Office (UKHO) has supported the safe arrival of HMS Queen Elizabeth into Portsmouth by providing specialist marine geospatial and hydrographic expertise and data capabilities. Following initial dredging operations…
At 70 million tons, first-half seaborne cargo throughput in Hamburg in 2017, including the general and bulk cargo segments, all but matched the previous year’s, being one-fifth of one percent (0.2 percent) lower. In the first six months of 2017 containerized general cargo throughput at 4…
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, on Wednesday continued its winning streak as demand for capesize vessels strengthened.Rising for the thirteenth straight session, the overall index…
U.S.-flag Great Lakes freighters (lakers) moved 9.7 million tons of cargo on the Great Lakes in July, a decrease of 1.5 percent compared to a year ago, the Lake Carriers' Association (LCA) reported. July’s shipments also trailed the month’s long-term average by 8…
Maersk Line, the world's biggest container shipper, is venturing into trade finance, as it seeks to fill a lending gap left by indebted banks pulling out of the crisis-hit shipping industry. Moving into traditional bank territory and further down the shipping value chain…
Danish shipping group A.P. Moller Maersk reported an unexpected net loss in the second quarter due to terminal and tanker impairment charges, but said it was upbeat on the container shipping outlook. Maersk also said it expected a $200 million…
Ocean carrier Pacific International Lines (PIL), terminal operator PSA International and IBM plan to utilize blockchain for better security, efficiency and transparency in supply chain business networks and trade finance. Three companies…
North P&I Club has appointed a new Global Director of People as part of a company-wide focus on driving forward leadership and development. Dawn Robinson has joined the global marine insurer following three years in a world-wide role at…
Navig8 Chemical Tankers Inc, international shipping company focused on the transportation of chemicals, has entered into contracts to acquire 32 modern, fuel-efficient newbuilding chemical tankers. As of today, 31 of these vessels have been delivered and are in operation…
Oil producer Saudi Aramco has selected Chelsea Technologies Group (CTG), designer and manufacturer of sensors for the maritime sector, to provide benchmark testing for compliance with ballast water standards. This follows Saudi Aramco’s announcement…
Cuban trade with socialist ally Venezuela has fallen 70 percent since 2014 due to the South American oil producer's inability to meet delivery contracts and purchase goods as it struggles with low oil prices and a resulting economic meltdown…
Iraq's parliament on Tuesday questioned acting Trade Minister Salman al-Jumali over corruption allegations linked to the ministry, mostly stemming from a deal to import Indian rice in 2016. The minister, a Sunni Muslim in a government dominated by Shi'ites…
