Much like the coronavirus pandemic, and the economic disruption that it has caused, a global shipping crisis looks set to go on delaying goods traffic and fueling inflation well into 2023.Shipping rarely figures in economists' inflation and GDP calculations…
Imports at the United States’ major retail container ports are expected to end 2021 with both the largest volume and fastest growth on record despite supply chain disruptions brought on by the COVID-19 pandemic, according to the monthly Global…
Jan Pieter Klaver will start as CEO of Royal IHC on January 1, 2022, taking over from Gerben Eggink, who fulfilled the role of CEO on an interim basis for more than a year and a half. With Klaver Royal IHC is bringing in an experienced CEO from the maritime sector…
MacGregor has launched a new fully electrically driven heavy lift crane (HCE) as part of a drive to introduce more environmentally sustainable products and solutions.The HCE design—a result of combining MacGregor and NMF’s experience in the…
Danelec Marine A/S signed an agreement to acquire KYMA A.S., the Norway-based specialist in digital ship performance monitoring. The combined company will be a sizeable data collection solutions provider to the maritime industry with more than 10…
The ports of Seattle, Tacoma and the combined container operations of The Northwest Seaport Alliance (NWSA) have adopted near-term implementation plans that guide emission reduction efforts for seaport-related activities.The Northwest Ports…
Germany's Federal Cartel Office is taking a closer look into the planned sale of Maersk's refrigerated containers maker to China International Marine Containers, a spokesman for the office said on Thursday.The office has opened an investigation…
Top U.S. liquefied natural gas (LNG) exporter Cheniere Energy Inc asked federal regulators to extend the amount of time it has to build the proposed Stage 3 expansion at its Corpus Christi LNG export plant in Texas due to pandemic delays.When the U…
Paramount Group appointed Lee Connolly as CEO of Paramount Maritime Holdings, its naval and maritime shipbuilding subsidiary, based in Cape Town, Africa. Connolly held the position of CEO of Paramount Advanced Technologies, a Paramount Group company…
Incat Crowther inked a deal to design an Incat Crowther 32 hybrid-electric ferry for Fullers360 of Auckland, New Zealand. To be built by Q-West, the ferry will be the designer’s sixth from the builder and will join 10 other Incat Crowther ferries in the Fullers360 fleet…
Xeneta Shipping Index by Compass (XSI-C), EU Benchmark Regulation (EU BMR) compliant is ready for index-based contracting and derivatives Xeneta and Compass Financial Technologies announced the launch of the Xeneta Shipping Index by Compass…
BIMCO has appointed Niels Rasmussen as its Chief Shipping Analyst who will take up his new role on January 3,2022.Most recently Rasmussen was Global Head of Research at Maersk Broker, a role he held for six years focusing on the main shipping segments…
The blocking of the Suez Canal by one of the largest container ships in service in the world – the Ever Given – in March 2021 caused huge delays to hundreds of vessels waiting to transit the canal, one of the biggest chokepoints on the critical East/West trade shipping route…
The organizers of Nor-Shipping said the maritime trade show will be held in January as scheduled despite new coronavirus restrictions enacted in Norway.New, temporary national restrictions have reintroduced one meter distancing guidelines and face masks…
The U.S. Coast Guard on Tuesday issued a statement expressing its commitment to crack down on sexual assault offenders in the maritime industry.The statement comes as the Coast Guard, U.S. Department of Transportation's Maritime Administration…
