A global network of crew change hubs would help alleviate the humanitarian crisis seafarers face at present, according to the Maritime Authority of Jamaica (MAJ).They could offer a short-term solution to the barriers presented by global travel restrictions…
Alexander Enström joins Hempel to lead its new global marine organization, effective February 1, 2021.With a strategic ambition to double revenue by 2025, Hempel is keen to build on its position in the marine segment, adjusting its marine organization…
Bahri announced financial results for the fourth quarter and full year ended December 31, 2020. The company reported an increase of 153 percent in annual net profit from $165m in 2019 to $426.5m in a year marred by the COVID-19 pandemic. Revenue rose by 28 percent to $2…
The Coast Guard Foundation said Thomas A. Allegretti has been elected to the position of Chairman of the Board, effective January 7, 2021. Allegretti first joined the Coast Guard Foundation board in 2006 and has served on the Executive Committee and the Audit Committee…
Shipbuilder Austal USA said it has promoted Sandra Koblas to vice president of human resources.Koblas joined Austal USA in 2007 and has served as the Mobile, Ala. shipyard's director of human resources for the past eight years, leading the company’s employee relations…
The Maryland Department of Transportation Maryland Port Administration (MDOT MPA) and the U.S. Army Corps of Engineers (USACE) are marking a milestone of environmental stewardship this month on the landmark restoration of Poplar Island near Talbot County…
Port, logistics and towage services provider SAAM announced on Friday that it has finalized a $49.7 million deal to purchase 70% of post-capitalization shares of Intertug, enabling SAAm to begin towage operations in Colombia and expand its operations…
Testing, inspection and certification group Bureau Veritas (BV) announced Friday that its MAC (Maritime Assurance & Consulting) will officially become Bureau Veritas Solutions Marine & Offshore (BVS), the technical advisory, asset management…
Scottish regional development agency, Highlands and Islands Enterprise (HIE), has approved an investment of up to £8.3m in Scottish Government funding for an £18.9m project to develop the East Quay at Global Energy Group's Port of Nigg facility…
Jumbo Shipping recently transported a 1435t shiploader, measuring 135 x 25 x 43 metres, from Vietnam to Canada for the machine’s manufacturer Tenova.After almost two years of engineering, the Jumbo Kinetic lifted and shipped the gigantic shiploader from Phu My Port to Vancouver…
Sea Machines Robotics, a developer of autonomous command and remote-helm control systems, has promoted Phil Bourque to the role of business development and sales director, U.S. Government, effective immediately.In his new position, Bourque will…
Savannah-based Colonial Group Inc. has announced a new era of leadership as it prepares to mark a major milestone in the company’s history in 2021.Christian B. Demere (Demere) has been named chief executive officer, succeeding his father, Robert H…
What started as a red-hot container market for Far East to U.S. trades has now spread to other routes, with rates from the Far East to Brazil seeing particularly high spot rates, BIMCO says. On January 24, 2021, the base freight rate for a forty…
In the more than two decades since the Kyoto Protocol was adopted, national policies on climate change have had dangerously and disappointingly little effect on global emissions.Within the current economic system, perhaps the most ambitious…
A plunge in the volume of crude oil stored on ships combined with unexpected cuts from top producer Saudi Arabia have created a glut of vessels available for hire, pressuring the outlook for supertankers this year.Earnings for very large crude…
