Mike Corrigan, the ubiquitous leader of Interferry, has a broad base of energy and maritime industry experience, including his stint as CEO of BC Ferries. Corrigan shares with Maritime Reporter & Engineering News his thoughts on a broad range of issues facing the ferry industry: COVID-19…
In the first quarter of 2021, Jiangsu Zhenjiang Shipyard (Group) Co., Ltd. ordered two eco-efficient Konecranes Gottwald Model 8 Cranes on Barge. The cranes will be operated by Cosco Shipping Bulk Co. Ltd. (Cosco Bulk) off the coast of Guinea…
The Baltic Exchange's main sea freight index fell for a second straight week, despite recovering slightly on Friday, as rates for the larger capesize vessel segment weakened.The Baltic dry index, tracking rates for capesize, panamax and supramax vessels ferrying dry bulk commodities…
Australia’s trade surplus rose to a six-month high in December as iron ore exports to China easily weathered diplomatic squalls between the two countries, while coal shipments found new buyers beyond the world’s second-largest economy.China’s…
North P&I Club has elected James Alexander Tyrrell as its new chair of the board, succeeding Pratap Shirke, in a change at the helm of the global marine insurer that also sees Ioanna Procopiou become the Club’s first female vice-chair.Tyrrell…
India’s southern state of Andhra Pradesh will use a deepwater port to export rice for the first time in decades amid a global shortage of the grain, according to a government order seen by Reuters, which could raise shipments this year by a fifth…
Long-serving Hamburg Süd executive Poul Hestbaek will take the CEO reins from Dr. Arnt Vespermann, who will step down after more than 20 years at the German container shipping company.Hestbaek has been with Hamburg Süd since 2004 and is currently the company's CCO…
Belgium's Euronav expects pressure on freight rates to continue until late 2021, the tanker operator said as it reported weaker than expected quarterly results on Thursday, citing OPEC+ export cuts because of the COVID-19 pandemic's impact on demand for oil…
Maritime fuel management systems provider Fueltrax said it is expanding its representation in Asia in response to growing demand for its solutions in Southeast Asia and Asia Pacific regions. Joining the company is Faiz Azani, Director of Operations – Southeast Asia…
As the maritime industry grapples with the technology and technique to meet increasingly strict emission mandates, eConowind is working to deliver an innovative wind sail system.In step with the development, Liebherr delivered what is currently…
Pete Buttigieg was confirmed by the U.S. Senate on Tuesday by a 86-13 vote to head the U.S. Transportation Department.Buttigieg, a U.S. Navy veteran and the former mayor of South Bend, Ind., will oversee maritime, aviation, highways, vehicles…
Kawasaki Kisen Kaisha, Ltd. (“K” Line) and Ship Data Center Co., Ltd. (ShipDC) have agreed to share operation data of all “K” Line fleet equipped with Kawasaki Integrated Maritime Solutions through IoS Open Platform (IoS-OP), the ship IoT data sharing platform promoted by ShipDC…
The UK Hydrographic Office (UKHO) announced geospatial intelligence technology provider Geollect as the winner of the second ADMIRALTY Marine Innovation Program challenge.Launched last year in collaboration with RE_SET, the program aims to help…
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, dropped on Tuesday as rates for the capesize vessel segment slipped for a ninth straight session.The Baltic dry index, which tracks rates for capesize…
GreenSteam Vessel Optimization Ltd., developers of vessel performance optimisation solutions for a sustainable shipping industry, has acquired the assets of Greece-based maritime software specialist Enerforce Solutions and Consulting Ltd to…
