Port Houston reported a dip in container volumes for the month of February after a severe winter storm shut port facilities for nearly a week, bringing cargo movements to a virtual standstill.The lethal storm and impact of sub-freezing temperatures…
U.S.-based ballast water treatment sysems manufacturer Ecochlor has appointed Zen Hong Oh as Regional Service Manager for Southeast Asia.Oh has more than 11 years of involvement in the maritime industry both in shipbuilding and in project management of vessel repairs and retrofits…
With an eye on an aging trailing suction hopper dredge fleet, C-Job is set to debut an innovative new THSD design series with a focus on modularity and sustainability. Basjan Faber, CEO, C-Job Naval Architects, discusses the dredging market…
Container shipping group CMA CGM said on Friday that it expected activity to remain strong in the first half of this year after brisk demand for consumer goods boosted its profits at the end of last year.France-based CMA CGM said its fourth-quarter earnings before interest…
Risk assessment and due diligence firm RightShip said it has expanded its vetting criteria from 20 to 50 assessment factors, in a move aimed at improving consistency as well as industry safety standards.'We have drilled down further in terms…
Rolls-Royce's Power Systems division has ended the 2020 financial year with an underlying operating profit of $247.3 million despite suffering a 17% drop in underlying revenue to $3.8 billion. This corresponds to an underlying operating margin of 6…
They're new, they’re huge and they’re the tallest in North America; three, gigantic cranes are now part of the skyline at the Port of Oakland, California, U.S.The port released a time lapse video today with footage of the assembly of one of the giant cranes…
Shipping and trade groups are calling on the European Union to advance the development of ammonia and green hydrogen as the best marine fuel options to enable the industry to accelerate decarbonization.With about 90% of world trade transported by sea…
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…
