De Nora Marine Technologies signed a formal service subcontracting agreement with Nakilat-Keppel Offshore & Marine (N-KOM), one of the largest shipyard and offshore repair facilities in the Middle East, located at Ras Laffan Industrial City…
Despite another slew of rises in long-term contracted ocean freight rates across key global trade corridors, month-on-month growth is slowing - and spot rates continue to weaken – suggesting prices may have peaked. However, according to the latest Xeneta Shipping Index (XSI)…
Finding enough seafarers willing to sail ships stuck inside Ukraine's ports is set to pose a major challenge to the proposed grains corridor designed to ease an international food crisis.Russia and Ukraine last week signed a deal to restart…
Houston-based dredging contractor Great Lakes Dredge & Dock Corporation said it has appointed David Johanson to the position of SVP, Project Acquisition & Operations, and of Christopher G. Gunsten, P.E. to the position of SVP, Project Services & Fleet Engineering…
An emergency dredging project is set to begin and be completed by the end of August to restore navigability in the Murderkill River, the Delaware Department of Natural Resources and Environmental Control announced on Tuesday. Permitted by and with modification approvals from the U…
Vopak's quarterly revenues and core profit beat expectations on Wednesday but its net income fell short, as the Dutch tank storage company recorded asset impairment charges.The group reported a net profit of 53.5 million euros ($54.30 million) in the second quarter…
Ukraine's navy confirmed on Wednesday that work had started at three Ukrainian Black Sea ports aimed at preparing for the resumption of grain exports.'In connection with the signing of the agreement on the unblocking (by Russia) of Ukrainian ports for the export of grain…
Tanker owner/operator Ardmore Shipping Corporation on Wednesday announced the planned departure of its current chief financial officer Paul Tivnan and appointment of new CFO Bart Kelleher, effective September 28, 2022.Anthony Gurnee, Ardmore's chief executive officer…
The number of tankers used for storing fuel oil along the Singapore Strait has risen since the Ukraine war broke out and could rise further as more of Russia's supplies hit by sanctions head to Asia, industry sources and analysts said.A rise…
Richard Dodge, Commissioner of California's Port of Redwood City, announced he will be retiring at the end of July, after 42 years of port service. Dodge was originally appointed to the Board of Port Commissioners in 1980. His service is one…
The city of Haifa is set to become an increasingly significant east Mediterranean shipping hub, with Chinese and Indian firms buying into its ports as Israel normalizes ties with its Gulf Arab neighbors under a U.S. diplomatic push.Earlier this month…
The volume of total cargo throughput in the port of Rotterdam was 0.8% higher in the first half of the year (233.5 million tonnes) than in the same period in 2021 (231.6 million tonnes). In many segments, the war in Ukraine led to significant changes…
American Cruise Lines announced it will begin offering California cruises starting in 2023.The U.S. river and small ship coastal cruise line will offer a new eight-day round tris from San Francisco exploring the San Francisco Bay, San Pablo Bay…
Marine terminals at California's Port of Oakland reopened for regular weekday hours on Monday after independent truckers formally ended a week-long protest of the state's new 'gig worker' law that stranded cargo on ships, docks and warehouses…
The Port of Corpus Christi reports this month it achieved its best quarter and best first half in its 100-year history.In Q2 2022, the port moved a record 46.4 million tons, eclipsing the prior record quarter (Q4 2021) by 4.8%. The Port of Corpus…