Inbound cargo volume at the United States’ major container ports is expected to see year-over-year increases through the first half of the year despite attacks on ships in the Red Sea, according to the Global Port Tracker report released by the National Retail Federation and Hackett Associates…
Cavotec reports it has signed a $5.7 million contract to retrofit vessels with shore power solutions for an undisclsoed major European shipping line.The agreement entails the complete retrofit of containerships from installation of Cavotec's…
Birgit Aarseth has been appointed General Manager for Vard Interiors AS coming from the position as Vice President Operations. Aarseth has been working at Vard Interiors since March 2022, first as Department Manager Interior and then as Vice President Operations.
BAR Technologies, a developer of wind propulsion systems, has entered into partnership with floating offshore wind platforms pioneer Nervion Naval Offshore to manage and oversee the production of BAR Technologies’ wing sail design WindWings in Europe…
The US Federal Maritime Commission (FMC) held an informal public hearing examining impacts from attacks on merchant shipping in the Red Sea and Gulf of Aden on February 7.Opening the hearing, Commissioner Carl Bentzel, voiced concern about safe access through both the Suez and Panama Canals…
Israel's military said it had intercepted a 'suspicious aerial target' on Friday off the northern port city of Haifa amid high tension along its frontier with Lebanon.The seaports of Haifa and Ashdod are crucial gateways for Israel's trade.An…
Health authorities at Britain's port of Dover could bring legal action against the government if it does not reconsider a plan to move checks on potentially dangerous foods away from the port creating what they say is a biosecurity risk.Dover's…
Nippon Paint Marine appointed Gladys Goh as its President, effective immediately, making her the first female and foreign national to lead a principal operating company in Japan. The marine division is the founding business for the 140-year-old Nippon Paint Holdings Group…
A.P. Moller-Maersk will consider whether to buy Germany's DB Schenker, the logistics arm of Deutsche Bahn which was put for sale last year, its CEO said on Thursday.'It will have consequences whether we do the deal or don't do the deal because it changes the landscape in logistics…
Lithuania said on Thursday it had been informed by a subsidiary of Polish oil refiner Orlen PKN of an oil spill in the country's waters in the Baltic Sea and had launched a probe into the incident.Lithuania's Environmental Protection Department said in a statement the subsidiary…
Iron ore shipments transported by U.S.-flag vessels on the Great Lakes totaled 2.8 million tons in January, an increase of 12.4% compared to 2023, according to latest data published by trade group the Lake Carriers’ Association (LCA)Loadings were also above the month’s 5-year average by 24…
Denmark's A.P. Moller-Maersk said on Thursday it will spin off its towage and marine services activities and plans to list the new company on the Nasdaq Copenhagen stock exchange.Maersk has sought to streamline its business in recent years,…
In 2023, the container market grew 0.2% year-on-year, ending at 173.8 million TEU. Compared to 2019, before the COVID pandemic hit, the market grew 1.5%.“Container market growth has lagged behind overall economic development significantly, as the world economy has grown 10% since 2019…
With its new CCS-strategy, the European Commission has outlined a common direction for the capture, utilization, and storage of CO2 in the EU. The strategy highlights Denmark as a pioneer in the field, and Danish Shipping predicts that Denmark could play a central role…
The Australian Alliance for Animals has written an open letter to animal exporters imploring them to voluntarily suspend all live animal exports to or through the Red Sea while the risk of attack remains and to suspend any extended journeys to the Middle East via the Cape of Good Hope…
