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Latest News - page 397

 

JAXPORT’s Board of Directors Names Hamilton Chair

Sep 28, 2021

The Jacksonville Port Authority (JAXPORT) Board of Directors selected new officers during its monthly meeting on Sept. 27, unanimously electing financial services executive Wendy O. Hamilton as Chair.Hamilton is a certified financial planner…

Maritime Risk Symposium: Registration is Now Open

Sep 28, 2021

The University of Houston’s College of Technology will host the 12th Annual Maritime Risk Symposium, a virtual event, in collaboration with the National Academy of Sciences from November 1-5, 2021.The Maritime Risk Symposium is an annual conference in which government and maritime industry leaders…

Baltic Dry Index Extends Rally, Hits 13-year High

Sep 28, 2021

The Baltic Exchange's main dry bulk sea freight index extended its rally on Tuesday, rising about 5% to its highest in 13 years, steered by strong gains in capesize rates, and helped by demand for smaller vessels.The overall index, which factors in rates for capesize…

US Soy Exports Hit 6-month High as Gulf Loadings Rise After Ida

Sep 28, 2021

U.S. soybean exports jumped last week to a six-month peak, while corn shipments were the highest in a month as Louisiana Gulf Coast terminals steadily ramped up operations disrupted nearly a month ago by Hurricane Ida, preliminary data showed on Monday…

Miclyn Express Offshore Names New CEO

Sep 28, 2021

Singapore-based offshore vessel operator Miclyn Express Offshore (MEO) has appointed Darren Ang as CEO. Ang, who took over as CEO from Diederik DeBoer, has been with the company for 22 years.Prior to becoming CEO, Ang served as Deputy Chief Executive Officer…

Profiles in Maritime Leadership: Ulla Nielsen, MD, V.Ships Germany

Sep 28, 2021

As a former master mariner with Maersk Line and currently the Managing Director of V.Ships, Germany, Ulla Nielsen was a natural choice to kick off Maritime Reporter & Engineering News’ profiles in maritime female leadership in the run up to…

Army Corps Awards Contract for Corpus Christi Channel Improvement

Sep 27, 2021

The U.S. Army Corps of Engineers (USACE) on Friday awarded a $139 million construction contract to Great Lakes Dredge & Dock Company, LLC. (GLDD), to complete the third phase of the landmark Port of Corpus Christi Ship Channel Improvement Project (CIP)…

Transatlantic Container Shipping Spot Rates Jump 210% -BIMCO

Sep 24, 2021

For almost three months now, the spot freight rate for containerized goods shipped by sea from North Europe to the U.S. East Coast has been 210% higher than last year (July 1 – September 23), according to shipping organization BIMCO.It wasn’t until April 1…

Puget Sound Pilots Welcomes New Executive Director

Sep 23, 2021

The Puget Sound Pilots are pleased to announce the hiring of Charles Costanzo as Executive Director.Costanzo joins Puget Sound Pilots after over a decade at The American Waterways Operators where he served as General Counsel and Vice President – Pacific Region…

JAX LNG and TOTE Complete US' First Renewable LNG Bunkering

Sep 23, 2021

JAX LNG, a small-scale LNG facility located along the St. Johns River in Jacksonville, Fla., recently completed the first fueling of a marine vessel in the United States with a blend of liquefied natural gas (LNG) and renewable LNG (RLNG).JAX…

Arctic Shipping Requires New Ways to Manage Risks

Sep 23, 2021

In February 2021, LNG carrier Christophe de Margerie, escorted by a nuclear icebreaker, became the first large-capacity cargo vessel to transit the eastern sector of the Northern Sea Route (NSR). The voyage demonstrated that year-round safe…

Synergy to Take Over Maersk Tankers’ Technical Management Business

Sep 23, 2021

Synergy Marine Pte. Ltd., a subsidiary of ship manager Synergy Group, will take over Maersk Tankers’ technical management business.“Maersk Tankers has been transformed from a traditional tanker company into a service company over the past few years…

Austal's CFO Resigns to Take Extended Break

Sep 23, 2021

Shipbuilder Austal's Chief Financial Office Greg Jason has tendered his resignation from the company, to take an extended break, the company said Thursday.Jason started with Austal almost 15 years ago, serving in both finance and operational roles…

Baltic Dry Index Hits 12-year Peak

Sep 22, 2021

The Baltic Exchange's main dry bulk sea freight index rose for a fourth straight session on Wednesday to a 12-year high, buoyed by higher rates across vessel segments.The overall index, which factors in rates for capesize, panamax, supramax and handysize vessels…

Oldendorff Post-Panamax to Load Logs from New Zealand

Sep 22, 2021

A deal has been finalized that will soon see the largest vessel to ever call at New Zealand for the loading of logs.The deal between South Pacific Shipping (SPS) and Oldendorff Carriers was brokered by Braemar ACM’s Bruce McFarlane, a Mount Maunganui local…

Logistics News

Russian Baltic Ports Pause Crude Loadings after Ukrainian Drone Attack

Russian Baltic Ports Pause Crude Loadings after Ukrainian Drone Attack

Jordan Purchases 50,000 Tons Fed Barley

Jordan Purchases 50,000 Tons Fed Barley

Blaze Hits Russia’s Ust-Luga Oil Port Following Drone Strike

Blaze Hits Russia’s Ust-Luga Oil Port Following Drone Strike

CK Hutchison Says Panama Arbitration Claim Now Tops $2 Billion

CK Hutchison Says Panama Arbitration Claim Now Tops $2 Billion

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Libyan coast guards tow away damaged Russian LNG tanker from its shores
Orban: Hungary will restrict gas to Ukraine until Druzhba oil flow resumes
Libyan coast guards tow away damaged Russian LNG tanker from its shores