Giampiero Soncini, former officer of the Italian Navy and a retired leader in the maritime IT sector, returns to the helm via his appointment as MD of Oceanly, a new company established in December by Esa Group, following its acquisition from Arribatec of a business unit…
As shipowners ponder future fuels, MAN Energy Solutions is sailing full speed ahead optimizing dual fuel marine powerplants while preparing to start testing ammonia fueled engines in early 2023. Bjarne Foldager, Senior Vice President, head of…
The Port of Dundee’s new road salt import and distribution hub is handling 70,000 tonnes of road salt this year for distribution to Scotland’s regional depots via Scotland’s east coast ports.Forth Ports has imported millions of tonnes of road…
Freeport LNG's long-shut liquefied natural gas (LNG) export plant in Texas started receiving pipeline natural gas over the long U.S. Martin Luther King Jr holiday weekend, according to Refinitiv data.U.S. LNG exports have been steadily increasing for years and Freeport…
For the fifth year in a row, SAAM Towage was recognized by the Ministry of the Environment’s Huella Chile program for measuring and assuring its greenhouse gas (GHG) emissions during 2021.“Our commitment is to continually seek alternatives that…
Port Houston recorded its best year yet in 2022. Port Houston container annual volume was up 14%, reaching just shy of 4 million twenty-foot equivalent units (TEU), at 3,974,901 TEUs. This is nearly double the volume posted six years earlier in 2016 and 492…
Earlier in 2022, NORDEN was approached by a major European energy customer to ship wood pellets from the U.S. to a small port outside of Copenhagen, Denmark. However, port restrictions prevented Supramax vessels from entering the port, and NORDEN…
United Arab Emirates' Abu Dhabi Ports will help Kazakhstan to build a tanker fleet in the Caspian Sea, reducing the former Soviet republic's dependence on Russian transit, Kazakh state oil company KazMunayGaz said on Tuesday.KazMunayGaz and Abu Dhabi Ports have agreed to set up a joint venture…
The Baltic Exchange's main sea freight index was unchanged on Monday, languishing near the multi-year low touched last week, as a slight uptick in rates for larger vessels countered a fall in the supramax segment.The overall index, which factors in rates for capesize…
Some 1,000 vessels have been impacted by a cyber attack on DNV's ship malmanagement and operations software, the classification society has confirmed.DNV said it shut down ShipManager’s IT servers in response to a ransomware attack that hit the software on January 7…
Equatorial Marine Fuel Management Services Pte Ltd rose one spot to become the top marine fuel supplier at world's largest bunkering hub Singapore in 2022, official data showed on Monday.Equatorial overtook PetroChina International Singapore Pte Ltd…
DP World expects freight rates to drop by a further 15% to 20% in 2023 as demand slows, the Dubai-based global logistics company's deputy chief executive and chief financial officer Yuvraj Narayan told Reuters on Monday.Narayan said the first…
Shell PLC's LNG Canada export project in British Columbia plans to start building its proposed second phase with natural gas-powered turbines and switch to electricity as more renewable power becomes available, a top executive said, a decision…
ABS and the Suez Canal Authority (SCA) signed a Memorandum of Understanding (MoU) to develop a long-term sustainability roadmap and decarbonization strategy for the canal, one of the world’s busiest shipping routes.The MoU will see ABS and SCA…
APM terminals Pipavav in India announced the appointment of Girish Aggarwal as the Managing Director of the company. Aggarwal has worked in leadership roles in multiple industries such as logistics, IT, consultancy services, and FMCG. He is…
