China's presence around the Panama Canal is a national security concern that Panama's government has to deal with, Mauricio Claver-Carone, the U.S. special envoy for Latin America, said on Friday, ahead of U.S. top diplomat Marco Rubio's visit to the country…
On February 1, Maersk A/S (Maersk), an entity under A.P. Moller - Maersk, and Hapag-Lloyd AG (Hapag-Lloyd) launch their operational collaboration Gemini Cooperation. The ambition is to deliver a flexible and interconnected ocean network with…
InterManager, the international association for the ship management sector, has elected Sebastian von Hardenberg as President.Sebastian is CEO of Bernhard Schulte Shipmanagement (BSM) and was elected by members of InterManager’s Executive Committee…
East Africa Marine Transport has taken a significant step towards creating a more sustainable and efficient logistics solution for Lake Victoria with the commissioning of M.V. MPUNGU, the lake’s first scheduled roll-on / roll-off freight vessel…
McQuilling Services announced the release of its 28th anniversary edition, 2025-2029 Tanker Market Outlook.This 183-page report provides a detailed analysis of oil fundamentals, global economic and geopolitical context in addition to tanker demand and supply projections across eight vessel classes…
The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, snapped a thirteen-day losing streak on Friday, supported by strong rates across the capesize and panamax vessel segments.The overall index…
Middle East ceasefire and Lunar New Year will see ocean container freight rates fall further in February - with carriers now taking action to slow the market decline.Latest data from Xeneta – an ocean and air freight intelligence platform –…
The Port of Oakland experienced a solid 2024, processing 2.26 million TEUs (twenty-foot containers), representing a 9.5% increase over 2023.The 2024 cargo data reflects a long-term growth trend in consumer spending in the San Francisco Bay Area and in the rest of the country…
The future of the two insolvent German shipyards, Flensburger Schiffbau-Gesellschaft (FSG) and Nobiskrug, looks brighter as Lürssen Group moves to place a formal bid to take over the facilities of the Nobiskrug shipyard, while Heinrich Rönner Group agrees to buy the FSG…
Bionetix announced the release of a new cleaning concentrate for use in sensitive environments! BIO-ECO-WASH is a low foaming formula that combines natural surfactants with probiotics for effective cleaning, degreasing, and surface prep in a variety of industrial and marine applications…
The Mosel river in western Germany could reopen to cargo shipping later this week as repairs to a damaged lock are making fast progress, navigation authorities said on Monday.The river, an important transit route for grains and rapeseed between Germany and France…
HII announced today that Derek Murphy has been promoted to vice president of new construction aircraft carriers at its Newport News Shipbuilding division.In his new role, Murphy will have responsibility for all new construction aircraft carriers in production at the shipyard…
Germany is expanding its natural gas import options to replace Russian supply, a drive intensified by the latest suspension of Russian flows via Ukraine and U.S. President Donald Trump targeting Europe with liquefied natural gas exports.Plans…
When Marco Rubio arrives in Latin America this weekend on his first foreign trip as Donald Trump's secretary of state, he'll find a region reeling from the new administration's shock-and-awe approach to diplomacy.In the first days of Trump's second term…
The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, extended losses for the thirteenth straight session on Thursday, pressured by a dip in rates across capesize and supramax segments…
