Flensburger Schiffbau-Gesellschaft (FSG) is expanding its management team further: in April, Carsten Treuer starts as Head of Operations and Bernd Liedtke as Head of Sales.“I am very much looking forward to working with these two shipbuilding specialists…
The Baltic Exchange's main sea freight index, which tracks rates for ships ferrying dry bulk commodities, rose to 1-1/2-year peak on Monday as demand improved across vessel segments.The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels…
APM Terminals Pipavav secured PIC 2, a new weekly service from Port Pipavav to Jebel Ali marking seamless weekly connectivity to Jabel Ali. The new service is scheduled to reach Pipavav on every Wednesday through the ports of Jebel Ali, Kandla…
Huntington Ingalls Industries (NYSE:HII) hosted commencement exercises on Saturday, April 17, 2021, for 154 graduates of the company’s Apprentice School at Newport News Shipbuilding. Due to the COVID-19 environment, and in an effort to keep all employees…
The International Association of Classification Societies has named Lloyd’s Register CEO Nick Brown as its Incoming Council Chair.Brown will take up the role on July 1 this year, marking the first time that the IACS Chair has been chosen by the Association’s Members and not by rotation…
While the sea is vital to the European economy, it can also be a haven for criminals and terrorists. Threats in the maritime domain include piracy, trafficking of drugs and arms, illegal immigration, illicit trade, illegal fishing, and environmental crimes…
The Baltic Exchange's main sea freight index, which tracks rates for ships ferrying dry bulk commodities, rose to its highest level since September 2019 on Thursday as demand strengthened across vessel segments.The Baltic dry index, which tracks rates for capesize…
Longer sailing distances cushion fall in US crude oil exportsTon mile demand generated by US crude oil exports has fallen by 9.7% in the first two months of 2021 compared with the start of 2020. The fall could however have been much worse; In volume terms…
The Panama Canal Authority (ACP) announced Tuesday that it will postpone increasing canal transit fees following calls from the shipping industry to reconsider the rate hikes amid a spate of global supply chain disruptions.The higher rates for…
Jacksonville Mayor Lenny Curry has appointed Memorial Hospital President and CEO Bradley S. Talbert, FACHE to JAXPORT’s Board of Directors. Talbert’s appointment was unanimously approved by the Jacksonville City Council on April 13.An experienced healthcare executive and civic leader…
The six-day blockage of the Suez Canal by the Ever Given has resulted in numerous trade and supply chain disruptions for businesses that depend on timely shipments. At least 400 cargo ships were stuck and many forced to reroute. Businesses may…
Maersk's towage arm Svitzer announced it has opened a new Americas regional headquarters in Panama City.Svitzer said it decided early last year to relocate its Americas headquarters from Miami, U.S. to Panama and move into the Panama Design Center…
Evidence mounts that vessel safety will benefit with technology enhancing the bridge lookout.Maritime safety regulations have – and for valid reasons – traditionally been strict and have often developed in ways that could hold up innovation…
The Port of Oakland reported all-time high container volume for import and export cargo in the month of March amid an ongoing trade boom exploding through U.S. ports.The port said Oakland received the equivalent of 97,538 20-foot import containers in March…
Post-Brexit trade rules mean prosecco supplier Serena Wines 1881 must store bottles destined for Britain on costlier, fumigated pallets in their own corner of its warehouse in the northeast Italian town of Conegliano.The new shipment requirement…
