Israel has opened a new shipping port along its Mediterranean coast that will bring much needed competition to a sector plagued by delays and boost the country's standing as a regional trade hub.The 5.5 billion shekel ($1.7 billion) Bay Port at Haifa…
Gasum is searching for a new CEO to replace Johanna Lamminen, who has resigned. The company's board of directors has appointed Kai Laitinen, Gasum's current CFO, as interim CEO until a successor is in place.“Together with the entire staff, we have traveled an amazing journey…
A segment of the Mississippi River from Southwest Pass to New Orleans is expected to reopen to vessel traffic by midnight, following surveys at the waterway, the Port of New Orleans said on Wednesday.The Mississippi River is the largest U.S…
More than two dozen oil vessels were clustered off Louisiana seaports on Tuesday as the U.S. Coast Guard and port operators assessed damages wreaked by Hurricane Ida, according to sources and Refinitiv Eikon data.Dozens of ports from Louisiana…
Global Mercy, Mercy Ships' first newbuild and touted as the world's largest civilian hospital ship, completed its journey through the Suez Canal free of charge and is scheduled to dock in the Port of Antwerp in mid-September for further equipping…
RINA acquired the entire share capital of Logimatic Solutions, a Danish software company with a turnover of about 6 million Euros that will be fully integrated within the RINA Group. Its nearly 50 employees will continue in the current structure from its offices in Denmark…
More than 1000 ships are expected to be ordered per year through 2030, and with growing pressure on the shipping industry to decarbonize, the shipowners must be careful with fuel selection and ship design, as a misstep here can have damaging consequences in the future…
The Baltic Exchange's main dry bulk sea freight index eased from a more than 11-year high on Tuesday, but the index notched up its second monthly gain in three due to global shipping constraints and robust demand.The overall index, which factors in rates for capesize…
Hurricane Ida damaged a Louisiana grain export elevator owned by global grain trader Cargill Inc and disrupted export operations at the busiest bulk grain export facilities in the United States on Monday.Cargill said its Reserve, Louisiana, terminal…
Methanol-to-hydrogen generator technology company e1 Marine announced it has appointed Maite Klarup as its commercial director.Tapped to lead the implementation of e1 Marine’s commercial strategy, Klarup brings to the role more than 20 years of leadership experience from her time at BIMCO…
The deadline to apply for inclusion in Marine News magazine's annual MN100 awards edition is September 1. Time is running out.Each year, the publication profiles 100 of the top firms in the shallow-draft, brown water workboat space. Is your company one of the best…
The White House and the U.S. Department of Transportation announced on Friday that John D. Porcari will be the Port Envoy to the Biden-Harris Administration Supply Chain Disruptions Task Force.Porcari will work closely with Secretary Buttigieg and the U…
Maersk's towage arm Svitzer announced Mathias Jonasson has been appointed as managing director of its Scandinavia and Germany cluster, effective September 1.Jonasson, who will report to Svitzer Europe’s managing director Lise Demant, has a background…
Grains ships and vessels transporting other products on the Paraguay River are loading at around half capacity due to a historic drought that has hit river levels in the South American region, hurting trade of key agricultural commodities.Industry…
China will study targeted measures to help exporters cope with tight shipping capacity and rising logistics costs, the commerce ministry said on Thursday.Ministry spokesman Gao Feng made the comments at a weekly press conference in Beijing.(Reporting by Xu Jing…
