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Konecranes, Cargotec Drop Merger Plans

Apr 07, 2022

Finnish engineering groups Konecranes and Cargotec decided on March 29 to cancel their planned merger after the United Kingdom Competition and Markets Authority (CMA) blocked the transaction, citing competition issues.The British watchdog decided to block the potential 4…

Maritime Antitrust Immunity in Crosshairs

Apr 07, 2022

While those in the Beltway continue to struggle to offer solutions to U.S. supply chain capacity issues, it seems apparent that policymakers have at least found their scapegoat for these issues in the form of the maritime industry. A specific talking point during the State of Union Address…

US Offshore Wind: Figuring Out the Business

Apr 07, 2022

If awards were given for dominating the sustainable energy spotlight, offshore wind (OSW) would surely be in line for top honors.Consider:Big money: BOEM’s February sale of New York Bight offshore wind development rights drew a record $4.37 billion in developers’ bids…

Marshall Islands Registry Promotes Management Team

Apr 06, 2022

International Registries, Inc. and its affiliates (IRI), which provide administrative and technical support to the Republic of the Marshall Islands (RMI) Maritime and Corporate Registries, announced the promotion of Simon Bonnett and Theo Xenakoudis…

Grays Harbor Maintenance Dredging Planned

Apr 06, 2022

The U.S. Army Corps of Engineers, Seattle District said it plans to conduct Grays Harbor maintenance dredging in the Outer Harbor beginning April 12.The USACE hopper dredge Yaquina is expected to start dredging in the outer harbor of Grays Harbor…

Dredging Commences in Port of Alaska

Apr 06, 2022

The U.S. Army Corps of Engineers, Alaska District announced dredging in the Port of Alaska commenced on April 1.Seasonal dredging of the waterway aims to address heavy shoaling at the fuel docks and Terminal 3, the Corps said.Since the 1960s…

Port of Los Angeles Completes Everport Terminal Upgrades

Apr 06, 2022

The Port of Los Angeles has completed construction of the $65 million Everport Terminal Improvement Project located at Berths 226-236 along the Los Angeles Main Channel.The project allows Everport to improve the container-handling efficiency…

Danish Maritime Officers Set a New Team

Apr 05, 2022

The union Danish Maritime Officers (DMO) has set a new team, with a new director, new chairman and deputy chairman, and has the ambition to increasingly serve its member’s interests internationally.New chairman is Jens M. Sorensen, who has sailed…

Anglo-Eastern Launches Fleet Performance Center in Mumbai

Apr 04, 2022

Hong Kong-based ship management company Anglo-Eastern announced it has opened a fleet performance center within its Mumbai office.The Anglo-Eastern Fleet Performance Center (AEFPC) has been established to drive optimal performance by identifying…

Port of Virginia Gets Final Funding for Channel Dredging

Apr 04, 2022

The recently approved federal work plan contains the final piece of funding for The Port of Virginia’s dredging project that will create the deepest and widest shipping channels on the U.S. East Coast by late 2024.The work plan, released last week by the U…

Texas A&M Partners with Great Lakes to Open Dredging Lab

Apr 04, 2022

The United States' largest dredging contractor Great Lakes Dredge & Dock Corporation announced it has signed an agreement with the College of Engineering at Texas A&M University to provide funding and technical support for what will become the…

Rangers Concerned New Port Could Threaten Congo's Sea Turtles

Apr 04, 2022

Each year Christian Ndombe and other park rangers scour the beaches of Democratic Republic of Congo's vanishing coastline for turtle nests, bringing the eggs to a hatching center where they are incubated for eight weeks.Rising sea levels and…

Pennsylvania Extends Intermodal Cargo Growth Incentive Program for Ocean Carriers

Apr 04, 2022

Governor Tom Wolf announced that Pennsylvania’s Intermodal Cargo Growth Incentive Program (PICGIP), which aims to increase cargo activity by incentivizing shippers to move cargo through Pennsylvania ports, will be extended until July 2023. The…

Marine Insurers Extend High-risk Area to All Russian Waters

Apr 04, 2022

London’s marine insurance market on Monday added all of Russia’s waters to its list of areas deemed high risk, an advisory showed.Guidance from the Joint War Committee, which comprises syndicate members from the Lloyd’s Market Association (LMA)…

Southwest Shipyard Launches Mike Hooks' New Dredge

Apr 04, 2022

A new new 27-inch cutter suction dredge for Mike Hooks, LLC has been launched at Southwest Shipyard in Galveston, Texas.The Lorraine Hooks, named after the wife of the company's founder Mike Hooks, will now get a ladder gantry and anchor boom stops…

Logistics News

Baltic Index Rises, Sees Gains Across All Vessel Sizes

Baltic Index Rises, Sees Gains Across All Vessel Sizes

Cuba Maritime & Port Celebrates Three Years of Industry Innovation and Collaboration

Cuba Maritime & Port Celebrates Three Years of Industry Innovation and Collaboration

Melvin Resigns as President of South Carolina Ports Authority

Melvin Resigns as President of South Carolina Ports Authority

Brazil Ships More Iron Ore to China, Competitors Lag

Brazil Ships More Iron Ore to China, Competitors Lag

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