GAC has opened a new office in Shenzhen, China. Having its own Non-Vessel Operating Common Carrier (NVOCC) license and Ship Agency license, GAC (Shenzhen) Ltd will handle the croup’s shipping and logistics operations in South China.GAC Shenzhen’s…
Alter Logistics Company announced that Paul Ferguson has joined the company as Senior Vice President.“Paul’s responsibilities will include expansion projects at Alter’s St. Paul, Minnesota Terminal as well as new growth development opportunities for the company…
The breakbulk terminal building at Berths 54-55 at the Port of Los Angeles has a new fabric membrane roof among other improvements, thanks to nearly $1 million in upgrades completed this month by the Port at the marine terminal operated by SSA Marine…
The Baltic Exchange's main sea freight index gained on Wednesday, marking its highest level since early October as rates for the capesize and supramax vessel segments rose.The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities…
Brazilian exports of soy beans disappointed in February, the first month of its export season. Exports reached just 2.9m tonnes, representing a 40.1% drop compared with the first month in the last season when exports totalled 4.8 million tonnes…
Offshore wind installation company Cadeler said Wednesday it had won the largest contract in its history.Cadeler, previously known as Swire Blue Ocean, said that offshore wind turbine maker Siemens Gamesa had awarded Cadeler a contract of valued at around $90 million…
ABS said it has signed an agreement with Diana Shipping Services S.A. (DSS) to implement the ABS Environmental Monitor digital sustainability solution across 31 vessels under its management.Part of the ABS My Digital Fleet risk management platform…
Royal Caribbean International (RCI) announced this week that it will begin building a $100 million cruise terminal at the Port of Galveston’s Pier 10 in April. The cruise giant said it will begin sailing its Oasis-class ship, the Allure of the Seas…
Q88 LLC, a provider of SaaS technology to the maritime industry, and Danaos, a provider of specialized software for shipping, announced the automated integrations to questionnaire management data for shipowners, charterers and operators.This…
Record U.S. corn sales, especially those to China, mean that exporters will be extremely busy for at least the next six months. But they no longer need to set new records, as the recent corn shipping pace has sufficiently boosted the efforts…
The Port of Gdansk has overtaken Russia’s Port of Primorsk to become the third-busiest port for cargo shipments in the Baltic Sea.Figures show the port handled a total of 4.6 million tons of cargo in January 2021, up 8.8% year-on-year, moving…
Galveston, Texas-based Callan Marine has launched a new Marine Construction Division to provide turnkey marine, civil and specialty construction services along the U.S. Gulf Coast.The Marine Construction Division has the capability to complete projects requiring 110- to 300-ton crane barges…
German-based breakbulk and project cargo shipping company SAL and Dutch maritime heavy lift transport and installation contractor Jumbo have announced their intention to form a joint venture.Combining a large part of their fleets, engineering…
Norwegian/Swedish shipping company Wallenius Wilhelmsen announced its CEO, Craig Jasienski, has stepped down from his role and left the company effective March 8.The car carrier operator said its current CFO, Torbjørn Wist, will assume the role…
After several false starts, 2021 is the year when the U.S. offshore wind industry begins to realize its potential. This is according to Philip Lewis, Director of Research, World Energy Reports (WER).In an interview with Maritime Reporter TV's Greg Trauthwein…
