U.S. liquefied natural gas (LNG) producers ramped up exports in October, to 7.92 million metric tons, according to data provider LSEG, the second-highest monthly level on record.Exports were just shy of the record 8.01 million metric tons in April this year…
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell for a tenth straight session to a near seven-week low on Wednesday, as rates fell across vessel segments.The overall index, which factors in rates for capesize…
Orca AI, headquartered in Israel and founded in 2018, has a simple yet complex premise: develop and deliver an intelligent safety platform for the maritime industry to prevent collisions. To date it has attracted attention and business globally…
Daily ship crossings on the Panama Canal, one of the world's main maritime trade routes, will be further reduced over the coming months due to a severe drought, the authorities managing the canal said late on Monday.Booking slots will be cut to 25 per day between November 3 to November 6…
Shipping agent Cargonave said on Tuesday Berth 201 on the West Corridor of Brazil's port of Paranagua would tentatively resume operations on Saturday, according to a note to clients based on information it said it received from the local port authority…
Ports America, the nation's largest marine terminal operator and stevedore, appointed Rob Kusiciel as its new Chief Commercial Officer. He will oversee all aspects of the company’s commercial operations and strategy including leading sales, marketing…
On 28 October, the maritime leaders of tomorrow - World Maritime University (WMU) class of 2023 - graduated. The WMU 2023 graduating class includes 283 graduates from 71 countries, including a record of 99 women graduates.WMU President, Professor Maximo Q…
The union representing St. Lawrence Seaway workers in eastern Canada said it reached a tentative labor agreement on Sunday, ending a week-long strike that shut down a key North American trade route linked to the Atlantic Ocean.The Unifor union…
Global container ship fleet is showing its age, reaching highest average age on record of 14.2 years.“Container ships have reached their highest average age yet at 14.2 years, the highest average age of the three main shipping sectors. The dry bulk fleet has an average age of 11…
International Container Transhipment Terminal (ICTT) operated by DP World at Cochin, announced the arrival of four new electric rubber tired gantry (RTG) cranes at its terminal on October 17. The cranes arrived on the vessel Pietersgracht.This…
Throughput at Antwerp-Bruges port fell in the first nine months of 2023 as geopolitical and economic instability hit demand for container traffic and steel volumes dropped, the port said on Tuesday.Global port congestion after the COVID-19 pandemic…
Shipping and energy logistics company Crowley said Tuesday it is proceeding with plans to provide liquefied natural gas (LNG) bunkering services on the Pacific side of the Panama Canal, under the first permit issued by the Panama Maritime Authority (AMP) for the provision of such services…
Sturgeon Bay, Wis. shipbuilder Fincantieri Bay Shipbuilding (FBS) held a christening ceremony for recently constructed liquefied natural gas (LNG) bunker barge Clean Everglades.The vessel is the sister ship to the LNG barge, Clean Canaveral…
Russian nuclear agency Rosatom said on Tuesday it has set up a joint venture with Dubai's DP World to develop container shipping through the Arctic as part of an initiative heavily promoted by President Vladimir Putin.The deal with one of the…
A strike in Canada's St. Lawrence Seaway entered its second day on Monday after workers walked off over a wage dispute, shutting down an important maritime trade route linking the Great Lakes to Montreal port and impacting about 115 vessels…
