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Konecranes and Cargotec to Merge
Finnish engineering firm Konecranes and cargo handling machinery maker Cargotec plan to merge to help speed up innovation and reap savings, they said on Thursday, sending both of their shares sharply higher.The boards of the companies, which provide road and sea-cargo handling machinery and services
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How the Major Dry Bulk Commodities Drive the Freight Market into Q4
The world is in the midst of the second coronavirus wave and with that comes the natural question of how the current dynamics…
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Wärtsilä Names Håkan Agnevall as President and CEO
Finland-based marine engine and technology provider Wärtsilä has appointed Håkan Agnevall as its next president and CEO.Agnevall…
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CMA CGM Says Operations Functioning Normally After Cyber Attack
French container shipping company CMA CGM Group said Tuesday that its maritime and port operations were functioning normally…
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Golar Unit CEO Takes Leave of Absence Amid Corruption Probe
Golar LNG said on Tuesday Hygo Energy Transition Ltd Chief Executive Officer Eduardo Antonello has taken leave of absence with immediate effect…
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On Watch: International Coalition Monitors, Protects Middle East Shipping Lanes
The International Maritime Security Construct (IMSC) was created July 2019 as a way to deter unprofessional behavior in the…
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Rolling the Dice in Chaos: The Prospects of Investment in the Gas Industry
As stated in the Declaration of Malabo at the 5th Summit of Heads of State and Government of the GECF Member Countries, in…
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Hodgkinson to Lead West P&I Club’s Loss Prevention Department
West of England P&I Club said that Captain Simon Hodgkinson has been appointed as Global Head of the West’s Loss Prevention Department.
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Argentine Grains Port Workers to Strike After Talks Collapse
A labor union representing Argentine grains port workers said on Sunday it would stage a 24-hour walk-off from midnight after…
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Great Lakes Wins Jacksonville Harbor Dredging Contract
Great Lakes Dredge & Dock Corporation has been awarded a $105 million Base and Option B contract award on the Jacksonville…
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Baltic Index Hits Over Two-month High
The Baltic Exchange's main sea freight index on Friday hit an over two-month high on higher vessel rates across segments…
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Plug & Play: 'Microgrid in a Box' Promises to help Power Maritime's Future
As the maritime industry searches for the means to meet ever tightening emission regulations, battery power sits at the center…
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Renewable Energy to Power NYK’s Yokohama Daikoku C-3 Terminal
From October 1, electricity sourced from renewable energy will be used at Yokohama Daikoku C-3 Terminal, which began operations…
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V.Group Names Kofod-Olsen as CEO
Ship management and marine support services giant V.Group said on Wednesday it has…
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BIMCO Analyzes Stall in China Coal Imports
Although many of China’s major bulk imports, such as iron ore and crude oil, have…
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CMA CGM Hit by Cyber Attack
Container shipping group CMA CGM said on Monday it is dealing with a cyber attack…
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Charleston Will be the Deepest Harbor on the US East Coast
This September, the U.S. Army Corps of Engineers, Charleston District awarded the…
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US Imports Surge as Pandemic Worries Have Retailers Stockpiling
The Los Angeles-based maker of Exploding Kittens and Throw Throw Burrito board games…
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IUMI: Insurers, Underwriters Must Jump Onboard Maritime's Digital Transformation
Speaking at the International Union of Marine Insurance (IUMI) annual conference…
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