U.S. manufacturing of durable goods, which has been lagging the wider recovery of the U.S. economy, hit an all-time high in June when $270.5B worth of goods was produced. This brings total manufacturing of durable goods so far this year to $1…
Japan's trading houses are riding a boom in commodities markets that has been fuelled by the recovery in major economies from the coronavirus pandemic, with Itochu reporting record quarterly profit and three others raising their earnings forecasts…
Two Chinese firms are seeking liquefied natural gas (LNG) cargoes for delivery over August to November as summer demand in the southern region remains strong and as companies prepare to meet winter demand, industry sources said.China's Shenzhen…
HEMEXPO President, Helen Polychronopoulou, says Greek marine technology developers see collaboration between shipping industry stakeholders as the key to innovation and decarbonization.Helen Polychronopoulou has dedicated her career to the successful…
The maritime industry must significantly increase training and recruitment levels if it is to avoid a serious shortage in the total supply of officers by 2026, a new report from BIMCO and the International Chamber of Shipping warns.Given the growing demand for STCW certified officers…
The Australian Maritime College (AMC), part of the University of Tasmania (UTAS), and the International Association of Maritime and Port Executives (IAMPE) have signed a Memorandum of Understanding (MOU) agreeing to work together on professional development for the maritime and port industry…
Galveston Wharves at Port of Galveston and Stabilis Solutions Inc. have entered into a memorandum of understanding (MOU) to facilitate the use of liquefied natural gas (LNG) as a marine fuel at the port.Under the terms of the MOU, the port and…
Benchmark iron ore futures in China rose more than 3% on Tuesday, after five straight sessions of declines fuelled by speculations of a relaxation in steel output controls.'Affected by the notice of rectifying campaign-style carbon reduction efforts…
The world's biggest container shipping company, A.P. Moller-Maersk, on Monday lifted its full-year earnings outlook after reporting strong preliminary quarterly results as chaotic conditions in the global supply chain pushed freight rates higher…
The container ship Ever Given, which got stuck in the Suez Canal for six days in March, arrived in the Dutch port of Rotterdam on Thursday after being released by authorities in Egypt.It was scheduled to dock at Rotterdam's ECT Delta terminal for unloading until Aug…
The Baltic Exchange's main sea freight index dipped on Monday on losses in the large and medium-sized vessel segments.The index, which factors in rates for capesize, panamax and supramax shipping vessels carrying dry bulk commodities, inched 10 points lower…
Following a £1million conservation, the Scottish Fisheries Museum in Anstruther, Fife, is set to welcome visitors back onboard the iconic ‘Fifie’ Reaper, the last of the great First Class Scottish Herring Luggers and a rare survivor from the golden age of sail…
The amount of ammonium nitrate that blew up at Beirut port last year was one-fifth of the shipment unloaded there in 2013, the FBI concluded after the blast, adding to suspicions that much of the cargo had gone missing.As the first anniversary approaches on Aug…
When the first cruise ship since the start of the pandemic sailed through the Venice lagoon last month, hundreds of people rallied on land and small boats in protest.A few weeks later, the government seemed to listen, announcing that to defend Venice's ecosystem and heritage…
Italian shipbuilder Fincantieri on has delivered a new cruise ship 'Rotterdam' to the cruise line Holland America Line, part of Carnival Corporation.This is Holland America Line's eleventh ship in the fleet. A handover ceremony took place at…
