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…
Milwaukee Mayor Cavalier Johnson has selected Jackie Q. Carter to serve as Municipal Port Director. In this position, Carter will direct commercial and recreational operations at Port Milwaukee, oversee a staff of twenty people, and administer Foreign Trade Zone No…
Agribusinesses CHS and Cargill plan to expand the scope of their joint venture, TEMCO, by adding the Cargill-owned export grain terminal in Houston, Texas. The addition of the Houston terminal will expand the joint venture’s export capabilities…
Canada's Baie-Comeau Port Management Corporation has joined Green Marine, a voluntary environmental certification program for North America's maritime industry.'Sustainability is one of our core values and we try to reflect that in everything we do…
The Valencia Containerized Freight Index (VCFI) closed the year 2022 with a fall of -13.1% in December compared to November. This is the fourth consecutive month of decline in the Index, in a year marked by ups and downs that reflects the uncertainty…
Armach Robotics, Inc. (Armach), recently passed a critical milestone during a trial of its Hull Service Robot in full over-the-horizon (OTH) mode.At the end of 2022, Armach’s hull service robot (HSR), in the water in Norfolk, VA, was monitored…
Seattle-based dredging and marine construction contractor Manson Construction announced it has named Forrest Ray as its new director of environmental health and safety, effective January 1, 2023.Ray succeeds Dave Howard, who will retire this Spring after 18 years of service at Manson…
German container liner Hapag-Lloyd on Thursday announced it has completed its acquisition of a minority stake in Italy-based logistics company the Spinelli Group as global shipping firms continue to expand their port presence amid prolonged supply chain disruption…
Global economy 2023: COVID-19 turned global supply chains upside down – Three ways the pandemic forced companies to rethink and transform how they source their productsThe global supply chains that modern companies depend on were turned upside down three years ago after COVID-19 emerged in China…
The Port of South Louisiana (Port SL) said it has reached a deal with T. Parker Host to buy the Avondale Global Gateway, a logistics hub at site of the former Avondale Shipyard.The acquisition of this 254-acre facility at mile 108 of the Mississippi…
