Latest News - page 318

 

Macheras Named WFW Global Maritime Sector Co-Head

Jan 17, 2022

Law firm Watson Farley & Williams (WFW) announce it has named partner George Macheras as its new global maritime sector co-head, replacing Lindsey Keeble as she takes up the role of WFW managing partner as of February 1. Paleokrassas, who takes on the role of WFW senior partner on the same date…

Suez Canal Expansion Due to Complete in July 2023

Jan 17, 2022

A project to expand parts of the Suez Canal is expected to be completed after two years of work in July 2023, the chairman of the Suez Canal Authority (SCA) said on Sunday.The SCA announced accelerated plans to extend a second channel of the…

Global Seaborne Coal Trade Up Nearly 6% in 2021

Jan 14, 2022

Global seaborne coal trade rose by 5.7% last year, driven by rising demand from steelmakers for coking coal and its products as economies began to recover from the coronavirus crisis, Germany's VDKi coal importers lobby group said.Imports and exports of hard coal across the globe stood at 1…

SMS Group Investment Pays Off with 'Record Breaking' 2021

Jan 14, 2022

As COVID continues to create business hurdles globally, the SMS Group, based within the Port of Southampton in the UK, announced that it has recorded its busiest year in company history.  Traditionally a ship repairer, SMS Group invested in a team of industry professionals to establish…

Training Tips for Ships: Are Mariners Knowledge Workers?

Jan 14, 2022

What is the difference between knowledge and skills? Which should we focus more on in our training, and how does one influence the other?When we think about the most important mariner quality, often the first thing that comes to mind is skill…

Is Baltic Sea Special Area for Passenger Ships Really Special?

Jan 13, 2022

The persistent eutrophication (being too rich in nutrients) of the Baltic Sea prompted the IMO’s Baltic Member States to tackle shipping’s < 0.1% contribution by designating the Baltic Sea as the first Special Area under Annex IV of IMO’s MARPOL Convention [1]…

Singapore Remains World's Top Maritime Hub

Jan 13, 2022

Singapore has held onto its spot atop the list of the world's best maritime cities, according to a recent report from classification society DNV and Menon Economics.The 2022 edition of the Leading Maritime Cities (LMC) report launched Thursday…

New Product: MESPAS Goes Mobile

Jan 13, 2022

One of the most difficult and time-consuming issues when carrying out inspections or maintenance jobs on vessels is recording information on the job, with crews working on machinery, taking notes and going back to their computers in the office and type in all the information…

Ten Years on, Costa Concordia Shipwreck Still Haunts Survivors, Islanders

Jan 13, 2022

Ester Percossi can still hear the screams, feel the cold and see the terror in people's eyes.She is one of the survivors of the shipwreck of the Costa Concordia, the luxury cruise liner that capsized after hitting rocks just off the coast of the small Italian island of Giglio on Jan…

Great Lakes Limestone Trade Up 11% in 2021

Jan 12, 2022

Shipments of limestone on the Great Lakes totaled 29.5 million tons in 2021, an increase of 11% compared to 2020, according to trade group the Lake Carriers’ Association (LCA). 2021’s loadings were also 4.8% above the trade’s five-year average…

Supply Chain Snarls Clog US Online Holiday Sales Growth

Jan 12, 2022

U.S. consumer spending on online shopping during the holiday season was weaker than expected, Adobe Analytics data showed, as supply chain issues caused product shortages and delayed deliveries.Consumers spent a record $204.5 billion online over the 2021 holiday season…

Callan Marine Commences Packery Channel Restoration Project

Jan 12, 2022

Callan Marine announced it has commenced operations as the prime contractor to the City of Corpus Christi for the Packery Channel Restoration Project, consisting of repairs to shoreline protection, sidewalks, bollards, storm drains, handrails and other damaged structures…

Wilhelmsen Ship Management Takes a Majority Stake in Ahrenkiel Tankers

Jan 12, 2022

Wilhelmsen Ship Management signed a deal to acquire a majority stake in Hamburg-based Ahrenkiel Tankers, resulting in Wilhelmsen Ship Management taking over the management of five tankers and gaining 80% ownership of Ahrenkiel Tankers. The remaining 20% is held by existing owners MPC Capital Group…

Simpson Spence Young Opens Athens Office

Jan 11, 2022

Shipbroker Simpson Spence Young (SSY) on Tuesday announced it has opened a new office in Athens, Greece.The new office, which is based in Glyfada, is being managed by SSY Dry Cargo broker Nicholas Vamvakaris and currently includes teams from the dry cargo division who focus on Cape…

Maersk Expects Cargo Delays to Persist

Jan 11, 2022

Top container shipping firm A.P. Moller-Maersk on Tuesday warned its customers it was still struggling to move goods around the world as the easing of congestion is taking longer than the Danish company had hoped for.The pandemic has prompted…

Logistics News

Port Milwaukee to Break Ground on South Shore Cruise Dock

Port Milwaukee to Break Ground on South Shore Cruise Dock

Trump Tariffs Reroute Brazilian Beef to Mexico

Trump Tariffs Reroute Brazilian Beef to Mexico

Baltic Index Up for Third Straight Session

Baltic Index Up for Third Straight Session

Doubling of US Tariffs on India Begins Wednesday

Doubling of US Tariffs on India Begins Wednesday

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