U.S. President Joe Biden will visit the Port of Baltimore on Wednesday to discuss how the $1 trillion infrastructure bill passed by the U.S. Congress helps the American people by upgrading ports and strengthening supply chains, the White House said on Sunday…
SAAM, a provider of port, towage and logistics services in 14 countries in the Americas, reported net income of $55.5 million for the nine months ended September 2021, up 40% from the January-September period in 2020. EBITDA reached $202.3 million and sales totaled $548…
The head of cruises of the Port Authority of Valencia (PAV), Francesca Antonelli, was elected as the new senior vice-president of the Mediterranean Cruise Ports Association (MedCruise). The elections were held during the 59th edition of the MedCruise Assembly held in Barcelona where Figen Ayan…
The Valencia Containerized Freight Index (VCFI), the indicator that measures the trend and evolution of container transport costs by sea from the Port of Valencia, stood at 3,743.95 points in October, which represents an increase of 5.23% over…
Speaking as President of the California Association of Port Authorities (CAPA), Port of Oakland Executive Director Danny Wan requested state help this week to ease a U.S. supply chain crisis. He called for increased collaboration and solutions…
Global supply chain disruption is changing cargo flows coming into Britain and smaller ports such as Liverpool are benefiting as suppliers look for other ways to route cargoes and minimize disruptions, Liverpool port's operator said.Major bottlenecks…
At its Board of Trustees meeting held November 2 in St. Louis, the National Waterways Foundation (NWF) elected Matt Woodruff, Vice President of Public & Government Affairs, Kirby Corporation, as Chairman for a term expiring in 2023. He succeeds consultant Rick Calhoun as Chairman (2020-2021)…
At the 26th Conference of the Parties (COP26) on climate change, the Port of Antwerp and the Port of Montreal have signed a cooperation agreement to support the creation of the first green shipping corridor in the North Atlantic.Through this agreement…
Nippon Yusen and Kawasaki Kisen Kaisha, Japan's biggest and third-biggest shipping companies, reported record quarterly profits as they benefited from higher freight rates amid the chaos hitting global supply chains.The logjams and bottlenecks in the world's trade system…
Leading British ports operator Peel Ports aims to become net zero of carbon emissions at all its operations by 2040 and is exploring hydrogen fuel solutions for some of its energy needs, the private group's chief executive said.Britain has said it is committed to reaching net zero emissions by 2050…
North P&I Club has announced the appointment of Michael Asherson as Claims Director, in a return to the Club after three years in private practice in his native South Africa.Asherson, who spent 18 years with North in the period up to 2018, returns…
Naval architecture and marine engineering firm Vard Marine has informed that Kristin Jovel, its Corporate Business Manager, has been appointed the position of Vice President Business Operations for its North American offices.Jovel joined the…
The head of a U.S. commission that oversees ocean transportation said in an interview on Tuesday he suspects some ocean carriers have improperly charged importers, one of many factors driving supply chain woes.A broad range of companies importing…
Shipping group CMA CGM has agreed to acquire the Fenix Marine Services (FMS) container terminal at the port of Los Angeles in a deal worth around $2 billion that will extend its presence in a crucial hub for transpacific trade.CMA CGM currently…
Hensoldt introduced its new Manta NEO X band radar system for the commercial shipping market in Rotterdam @ Europort.The Manta NEO X band radar -- designed for all types of ships from workboats up to tankers and cruise ships -- uses CHIRP pulse compression and beam sharpening technology…
