A self-propelled pontoon made entirely from standard scaffold components and fitted with a crane has been used for a project on the river Thames to install ladders, chains, and wooden fendering.This project sees yet another evolution of the…
Cyber attack attempts are becoming more common at U.S. ports and terminals, according to findings published this week by law firm Jones Walker LLP.The firm publicly released the findings of its 2022 Ports and Terminals Cybersecurity Survey, examining cybersecurity preparedness in U…
Crowley has completed the purchase of 42 acres in Salem, Massachusetts, the latest milestone toward the development of the state’s second major offshore wind port terminal.The Salem Harbor Wind Terminal is a public-private partnership between Crowley and the City of Salem…
Viking Life-Saving Equipment secured a major order for its container fire-fighting tool HydroPen, following a decision by the CMA CGM Group to adopt the solution across its entire fleet.In 2020, CMA CGM ordered HydroPen sets to equip its larger containerships…
ABS’ support for the development of autonomous technology at sea took another step forward with the granting of approval in principle (AIP) to Hyundai Heavy Industries Group (HHI Group) for four areas of autonomous functions: navigation, machinery health management…
Commercial barge traffic on southern stretches of the Mississippi River was at a standstill on Tuesday as low water levels halted shipments of grain, fertilizer and other commodities on the critical waterway, shipping sources said.The supply chain snarl comes just as harvesting of corn and soybeans…
Terminal operator COSCO SHIPPING Ports (Spain) Terminals, (CSP) has ordered 11 hybrid RTGs, with six machines for its terminal in Bilbao and five for their terminal in Valencia. The order was booked in Q3 2022. The value of the order is approximately €20 million…
Hapag-Lloyd AG and SM SAAM have signed a binding agreement under which Hapag-Lloyd will acquire 100 % of the shares of SAAM Ports S.A. and SAAM Logistics S.A. and thereby the entire company’s terminal business and associated logistics services…
ShipMoney has expanded its agreement with Bernhard Schulte Shipmanagement (BSM) to include the ship manager’s global fleet.Extending the existing agreement to the worldwide fleet reinforces BSM’s commitment to digitizing its payment processes…
About the Author: Captain Rahul Khanna is Global Head of Marine Risk Consulting at Allianz Global Corporate & Specialty. A marine professional with 26 years of experience within the Shipping and Maritime industry, Captain Khanna served more than 14 years on board merchant ships in all ranks…
Lisa Edvardsen Haugan was appointed as the new President of Kongsberg Maritime, the largest business area of Kongsberg, replacing Egil Haugsdal starting in November 2022.Edvardsen Haugan has long and extensive experience from both the defense…
AD Ports Group announced the arrival of the first international shipment at Mugharraq Port, one of the high-performing ports located within the Al Dhafra Region.This is the first shipment since Mugharraq Port was recognized as an international…
Long-term contracted rates fell by 1.1% in September, marking the first drop since January and one of only three declines in the past 21 months, recent data from the Xeneta Shipping Index (XSI) reveals. However, analysts at Oslo-based Xeneta…
Water levels on the river Rhine in Germany have risen sharply after rain this week, approaching normal levels and helping cool off cargo shipping rates, vessel brokers and commodity traders said on Thursday.Prices for cargo shipping are falling as vessels are able to load more freight…
Mexico plans to build a liquefied natural gas (LNG) export hub worth between $4 billion and $5 billion in the Gulf of Mexico that will help serve European demand, President Andres Manuel Lopez Obrador said on Tuesday.The planned LNG facility in the port of Coatzacoalcos…
