ABS has appointed David Wechsler, a founding partner of the firm that became Hitachi Consulting, as the new Chief Executive Officer for ABS Group.Wechsler has a 35-year career in management consulting leadership positions across manufacturing…
More than 90% of global freight is transported by over 33,000 merchant marine vessels powered by two stroke crosshead engines as their main source of propulsion; the two-stroke diesel engine has been the backbone of global trade and globalization for well over half a century…
Oman Tank Terminal Company (OTTCO), a subsidiary of OQ Group, and Royal Vopak, signed a shareholder agreement to establish a new company in the Special Economic Zone at Duqm (SEZAD). The agreement, concluded during the Duqm Economic Forum 2025…
Siemens Gamesa has confirmed it has scrapped plans to build an offshore wind turbine nacelle factory at Denmark’s Esbjerg Port.The offshore wind turbine manufacturer confirmed it will not proceed with the development of the nacelle plant at the port of Esbjerg at this time…
Tanco Terminals is expanding its liquid barge facility at the Ports of Indiana–Jeffersonville to meet rising demand for blended fertilizers across southern Indiana and northern Kentucky.The $750,000 expansion includes two new 45,000-gallon tanks designed to support regional cooperative Premier Ag…
BIO-UV Group has completed the first commercial deployment of its containerized BIO-SEA ballast water treatment system (BWTS) at Port-la-Nouvelle in southern France, supporting the installation of the pioneering EFGL floating offshore wind project in the Mediterranean…
Global trade flows have adjusted to new geopolitical developments last week, with Red Sea diversions maintaining their grip on vessel demand patterns. Against this backdrop, timecharter earnings hit their highest levels since October 2024, with…
The Maritime and Coastguard Agency (MCA) has saved more than three thousand hours following the successful rollout of a data upskilling program in partnership with Multiverse. The training of the 68-strong cohort has enabled the MCA to develop a data-first culture…
DP World is investing USD$226 million (£170 million) in container handling technology at its London Gateway logistics hub, marking a step forward in the digitalization and automation of port operations.The new Empty Superstack represents a revolutionary approach to handling empty containers…
ECOnnect Energy has signed two pre-Front End Engineering and Design (pre-FEED) contracts for its IQuay Regas Terminal, a modular floating regasification system designed to offer faster, more flexible alternatives to conventional onshore and floating LNG terminals…
Burger Boat Company announced the promotion of Ron Cleveringa to Senior Vice President - Product Portfolio Management, reporting to Rich Thompson, Chief Sales & Marketing Officer.In this newly defined role, Cleveringa will lead the development…
UTC Overseas has announced the appointment of Pedro Widmann as Director Global Project Development. Widmann brings over 30 years of experience in the specialized transportation and logistics industry with a strong background in the mining and EPC sector…
A newly released study by Seafarers' Rights International (SRI) finds that cabotage laws now exist on 85% of the world’s coastlines, are growing in number at an unprecedented pace, and are increasingly essential to national security, economic stability and maritime resilience…
Konecranes is introducing its Konecranes Noell Hydrogen Fuel Cell Straddle Carrier to the Americas and the world at TOC Americas 2025 in Panama City. The straddle carrier will debut alongside the Konecranes E-Hybrid RTG and electric empty container handler…
The maritime industry is charting a new course toward decarbonization, yet this time round it is not only traditional shipowners at the helm. Major energy and commodity traders, whose shipping operations often carry large carbon footprints, are now investing in cleaner and more efficient shipping…
