In a recent case underscoring the essential nature of precise cost estimation in maritime logistics, the International Transport Intermediaries Club (ITIC) settled a $140,000 claim resulting from an error in calculating port charges.The incident involved a South American grain shipment…
Taiwan's defense ministry on Thursday closed an emergency response center opened earlier this week in response to what it said were stepped up Chinese military activities nearby, likely signaling an end to Beijing's maneuvers.Taiwan's defense…
The Panamanian-flagged tanker Nestos (IMO 9417464) played a pivotal role in a search and rescue mission, coordinated with the Greek Coast Guard, to save a distressed vessel.As reported by the Designated Person Ashore (DPA), the Nestos responded immediately to the call from Greek authorities…
Salaries of the 500 employees are secured by insolvency money; discussions planned with clients for shipbuilding projects already underway. The Provisional insolvency administrators want to jointly develop restructuring solutions.The Flensburg…
Anemoi Marine Technologies has today announced that Clare Urmston has been appointed as the company’s new Chief Executive Officer (CEO).After holding a number of executive and non-executive positions within the manufacturing, healthcare and fast-moving consumer goods sectors…
Dry bulk contracting falls 70% below average amid low rates.“Over the past three months, dry bulk newbuilding contracting has been 70% below the yearly average. Declining freight rates in recent months, a cloudy outlook and high newbuilding prices contributed to the slowdown…
Seaspan Shipyards, Canada’s long-term, strategic shipbuilding partner for large, complex vessels under Canada’s National Shipbuilding Strategy, and the Royal Canadian Navy have reached an important milestone for the first Joint Support Ship…
The lush river valleys of El Zaino y La Arenosa in western Panama, home to hundreds of families that eke out a living farming, fishing and raising cattle, could soon be submerged by a massive man-made reservoir designed to ensure the viability of the Panama Canal in the face of a changing climate…
David Pistacchio, a senior technologist in the Naval Undersea Warfare Center (NUWC) Division Newport’s Chief Technology Office, was selected for the 2023 Office of Naval Research (ONR) Fred E. Saalfeld Award for Outstanding Lifetime Achievement in Science…
The Maritime and Port Authority of Singapore (MPA) has launched an expression of interest (EOI) to gather proposals for scaling up liquefied natural gas (LNG) for bunkering or ship refueling, it said in a statement on Thursday.The EOI seeks…
Croatia’s Adriatic Gate Container Terminal has taken a step towards more community-friendly operations by installing white noise reversing alarms on two of its rail-mounted gantry cranes.White noise reversing alarms emit a softer, more localized…
Global digital shipbuilder Incat Crowther has been commissioned to design an ultra-efficient, all-electric light cargo transfer vessel for Singapore’s marinEV, a business of Yinson GreenTech. The vessel, Hydromover 2.0, will transport light cargo such as stores…
BlueBox Systems, developers of intelligent freight tracking solutions, has further developed its BlueBoxCargo tracking platform.The new features include the tracking of CO₂ emissions for sea freight, simplified shipment registration for smaller…
Gatehouse Maritime, a provider of AIS (Automatic Identification System) network monitoring and maritime domain awareness software, announced the award of a new contract from the U.S. Army Corps of Engineers.The contract, initially set for one year…
Trelleborg Marine & Infrastructure, a provider of engineered polymer and technology solutions for the marine, infrastructure, and energy industries, has signed and finalized an agreement to acquire Mampaey Offshore Industries. The acquisition…
