Global goods trade is slowing after a sharp rebound following the initial shock of the COVID-19 pandemic as production and supply disruptions and cooling demand for imports dampen growth, the World Trade Organization said on Monday.The WTO said its goods trade barometer dropped to 99…
PowerStak fully powered stackers from Presto ECOA can be used for a wide range of load transporting and stacking requirements. PowerStak units are equipped with powered drive allowing palletized loads to be moved effortlessly by any operator…
DP World's Jebel Ali Port received China United Lines Ltd. (CULines) first vessel to call Middle East by welcoming MV CUL HUIZHOU. Arriving from Qingdao in China, the vessel reached the port in the UAE on 27 October 2021.The vessel and its crew…
Digitalization is expediting and maximizing the safety and economics of structural stress and fatigue measurement technologies. Terje Sannerud, Chief Commercial Officer at Norwegian fiber optic condition monitoring system developer Light Structures explains…
Tuesday, November 30 • 3 p.m. CET Join us to learn the results of our recently concluded global research project on the impact of digitalization on the shipping sector.Gain key insights from our panel to help you better understand important…
President Joe Biden signed into law a $1 trillion infrastructure bill at a White House ceremony on Monday that drew Democrats and Republicans who pushed the legislation through a deeply divided U.S. Congress.The measure is designed to create…
The U.S. Federal Maritime Commission (FMC) said it has set out to identify data constraints that impede the flow of ocean cargo and add to supply chain inefficiencies as severe bottlenecks continue to hamper global supply chains.Launched at the direction of FMC Chairman Daniel B…
President Joe Biden named former New Orleans Mayor Mitch Landrieu to oversee implementation of the $1 trillion infrastructure plan, the White House said on Sunday.Landrieu, also a Democratic former Louisiana lieutenant governor, led New Orleans from 2010 to 2018…
Erik Lewenhaupt will take over as CEO of Concordia Maritime on January 1, 2022, succeeding Kim Ullman, who informed the Board his wish to step down as CEO and retire.Lewenhaupt has a long track record in tanker shipping. He started his tanker career at Nordström & Thulin in 1996…
H2 Green, a Getech business, signed a deal with Shoreham Port to develop a renewable energy hub designed to remove emissions from its fleet of trucks and HGVs and be a catalyst for the wider region’s transport decarbonization.The development…
MacGregor introduces the next generation of variable frequency drive (VFD) electric cranes.To date, the company has delivered more than 500 electric cranes since 2007, with electric motor and drive system technology evolving significantly during this time…
PAO Sovcomflot (SCF Group) signed a $110 million credit facility, for 10 years, with ING BANK N.V., SMBC BANK EU AG and UNICREDIT BANK AG, to finance two new ice-class shuttle tankers.The ships, scheduled to be delivered in Q1 2022, will serve…
The $1 trillion infrastructure package headed to President Joe Biden to sign into law will provide a welcome funding injection for America’s inland waterway infrastructure.The bipartisan Infrastructure Investment and Jobs Act was approved by…
The International Maritime Organization (IMO) Council, meeting from November 8-12, established an International Day for Women in Maritime, to be observed on May 18 every year.Once adopted by the IMO Assembly in December 2021, the observance will celebrate women in the industry…
Known best for its construction of U.S. Navy warships, Austal USA in September 2020 acquired waterfront property along the Mobile River and established a commercial ship repair facility. Mike Bell, Austal’s VP Operations and Harley Combs, Director…
