Great Lakes Dredge & Dock Corporation has been awarded a $105 million Base and Option B contract award on the Jacksonville Harbor Construction Dredging, 47-Foot Contract C Cut-42 Project, the U.S.' largest dredging services provider announced Friday…
This September, the U.S. Army Corps of Engineers, Charleston District awarded the final two dredging contracts on its harbor deepening project, which will make Charleston’s harbor the deepest on the East Coast.The contract awards also coincided with the arrival September 20 of the CMA CGM Brazil…
The Los Angeles-based maker of Exploding Kittens and Throw Throw Burrito board games ordered 1 million extra units from its factory in China with the hope of preventing coronavirus from ruining its Christmas sales.The move from the company, which sells product through Target…
The Baltic Exchange's main sea freight index on Friday hit an over two-month high on higher vessel rates across segments, and along with the capesize index posted its highest weekly rise since mid-June.The Baltic dry index, which tracks rates…
Speaking at the International Union of Marine Insurance (IUMI) annual conference, IUMI Data and Digitalization Forum Chair, Patrizia Kern discussed big data, the use of digital technologies, and how the COVID-19 pandemic has put digitalization on the fast track…
As the maritime industry searches for the means to meet ever tightening emission regulations, battery power sits at the center of future paths to decarbonization. Sterling PBES launched CanPower, an all-encompassing energy storage system (ESS) microgrid…
From October 1, electricity sourced from renewable energy will be used at Yokohama Daikoku C-3 Terminal, which began operations in August as the first finished-car logistics terminal in Japan operated by NYK, in the company’s effort to help…
The cruise industry has certainly been among businesses hardest hit by the economic impacts of COVID-19. But the industry-rocking fallout extends well beyond the cruise lines themselves, extending through cities throughout Florida where canceled…
When Søren Andersen took the helm at StormGeo in September 2019, it was the self-confessed “dream job” for the 23-year shipping industry veteran. Andersen came with leadership experience from the likes of A.P. Møller – Maersk, APL, and Rickmers…
An oil tanker is expected to load crude at Libya’s Marsa el-Hariga terminal this week, the first since a blockade by eastern forces in January slashed the OPEC member’s oil production to a trickle.The Delta Hellas tanker will enter Libya’s Hariga…
Danish shipping giant Maersk said it will now transport ocean cargo between the United Arab Emirates and Israel, a further sign of business opening up after the two countries established full ties.Earlier this month Israel and the UAE signed an historic agreement to normalize relations…
Shipping group CMA CGM has agreed to buy a 30% stake in French airline company Groupe Dubreuil Aero as it continues to extend its presence in non-maritime transport.CMA CGM, the world's fourth-largest container shipping firm, said in a statement…
The peak season for containerized exports from Asia to the U.S. is now underway with the COVID-19 pandemic and astoundingly high freight rates making it easy to forget the trade war which has now entered its third year. However, despite the disruption this year…
The board of the International Chamber of Shipping (ICS) reappointed Esben Poulsson, the current Chairman of ICS for a further two-year term.Having been at the helm of the shipping industry trade association since 2016, Poulsson has overseen ICS’s engagement with international bodies…
Singapore is seeking proposals on the electrification of small vessels known as harbourcraft as the industry transitions towards a low-carbon future, the Maritime and Port Authority of Singapore (MPA) said in a joint statement on Wednesday.The…
