Brazil has agreed to release water at the giant Itaipu hydroelectric dam to raise low water levels in the Parana River, a key thoroughfare for grains shipments, Argentina's Foreign Ministry said on Friday.Decade-low water levels on the Parana…
Ukrainian wheat exports jumped nearly 50 percent in the week of April 11-17 despite a government warning that it could ban shipments if export rates are too high.Preliminary data from the APK-Inform consultancy on Sunday showed that Ukraine exported 319…
Japan's exports slumped the most in nearly four years in March as U.S.-bound shipments, including cars, fell at the fastest rate since 2011, highlighting the damage the coronavirus pandemic has inflicted on global trade.Monday's bleak data underscored…
China will beef up its Caofeidian pilot free trade zone, prioritizing the development of international commodities trade and bringing in more foreign investments, local government said on Monday.The Caofeidian district, on the edge of China's top steelmaking city of Tangshan…
The tanker Maran Gas Vergina has arrived in China with the first delivery of U.S. liquefied natural gas (LNG) in 13 months, shipping data showed on Monday.This is the first shipment since March 2019 after a long-standing trade war in which China…
Chinese steel stockpiles reached record highs amid the coronavirus outbreak, but are now steadily easing. This paints the picture of an increased construction activity and a growing seaborne demand for the key dry bulk commodity of iron ore…
Bavarian ship management company MINSHIP and its subsidiary MINMARINE said that a bulk carrier in their fleet of managed vessels, M/V Trudy, has successfully bunkered biofuel at the Port of Rotterdam.The biofuel bunkered by the 2009-built, 30…
“Stay at home” is the global message of the moment. The fleet of the Hamburg-based cruise company Hapag-Lloyd Cruises, which would normally be sailing the seven seas, is now heading for the waters of its home port. The expedition ship, the HANSEATIC nature…
In March 2020 the Society of Naval Architects and Marine Engineers (SNAME) announced the awarding of the status of Fellow to Hans Muhlert of Robert Allan Ltd. This significant distinction is: “Accorded exclusively to individuals who have made outstanding personal contributions to naval architecture…
Traders are storing an estimated record 160 million barrels of oil on ships - double the level from two weeks ago as they seek to tackle a glut of stocks created by a slide in global demand from the coronavirus, shipping sources say.Organization…
Belgian shipping and offshore company Exmar outlined its leadership succession plan following the April 4 death of board chairman Baron Philippe Bodson due to the novel coronavirus.Nicolas Saverys, previously CEO of Exmar, will take up…
The new $14 million refrigerated container yard at the Port of Wilmington boosts on-terminal refrigerated container (reefer) plugs from 235 to 775 with the ability to expand to more than 1,000 plugs through Phase 2 of the project.“North Carolina…
Satellite communication provider Marlink has launched a range of airtime packages and application solutions to support its customers in the maritime, fishing and offshore industries during the COVID-19 pandemic.The ‘StrongerTogether’ initiative…
Technology group Wärtsilä has launched of its global Smart Support Center service. This service is aimed at improving asset uptime via remote access for customers of Wärtsilä’s Voyage business, thereby substantially reducing the need for physical service attendance…
Dr. Dirk Jürgens heads R&D at Voith Turbo Marine, a part of the family owned Voith conglomerate which employs more than 19,000 people in 60 countries. Voith Rudderpropellers were chosen as the propulsion system for the three new Staten Island Ferry vessels…
