State-backed holding company ADQ said on Tuesday it plans to list Abu Dhabi Ports Co on the Abu Dhabi Securities Exchange (ADX) before the end of the year.The proposed listing of a portion of existing shares is expected before the end of 2021…
Italian shipbuilder Fincantieri has cut first steel for the first of two LNG-powered cruise ships being built for Princess Cruises, a Carnival Corporation brand.The steel cutting ceremony took place last week in San Giorgio di Nogaro (Udine) at Centro Servizi Navali…
Azane Fuel Solutions’ first project “Ammonia Fuel Bunkering Network”, which will build a green ammonia bunkering terminal has received confirmation that it will be granted NOK 89 million (EUR 8,600,000) through the Norwegian Green Platform Initiative…
Most ports along the U.S. Gulf Coast had reopened on Thursday following lengthy closures from Hurricane Ida, which lashed southern Louisiana with 150-mile-per-hour winds that caused extensive infrastructure damage and floods.Two of Louisiana’s main ports…
Grain shippers on the U.S. Gulf Coast reported more damage from Hurricane Ida to their terminals on Wednesday as Cargill Inc confirmed damage to a second facility, while power outages across southern Louisiana kept all others shuttered.Global grains trader Cargill Inc said its Westwego…
Israel has opened a new shipping port along its Mediterranean coast that will bring much needed competition to a sector plagued by delays and boost the country's standing as a regional trade hub.The 5.5 billion shekel ($1.7 billion) Bay Port at Haifa…
Gasum is searching for a new CEO to replace Johanna Lamminen, who has resigned. The company's board of directors has appointed Kai Laitinen, Gasum's current CFO, as interim CEO until a successor is in place.“Together with the entire staff, we have traveled an amazing journey…
A segment of the Mississippi River from Southwest Pass to New Orleans is expected to reopen to vessel traffic by midnight, following surveys at the waterway, the Port of New Orleans said on Wednesday.The Mississippi River is the largest U.S…
More than two dozen oil vessels were clustered off Louisiana seaports on Tuesday as the U.S. Coast Guard and port operators assessed damages wreaked by Hurricane Ida, according to sources and Refinitiv Eikon data.Dozens of ports from Louisiana…
Global Mercy, Mercy Ships' first newbuild and touted as the world's largest civilian hospital ship, completed its journey through the Suez Canal free of charge and is scheduled to dock in the Port of Antwerp in mid-September for further equipping…
RINA acquired the entire share capital of Logimatic Solutions, a Danish software company with a turnover of about 6 million Euros that will be fully integrated within the RINA Group. Its nearly 50 employees will continue in the current structure from its offices in Denmark…
More than 1000 ships are expected to be ordered per year through 2030, and with growing pressure on the shipping industry to decarbonize, the shipowners must be careful with fuel selection and ship design, as a misstep here can have damaging consequences in the future…
The Baltic Exchange's main dry bulk sea freight index eased from a more than 11-year high on Tuesday, but the index notched up its second monthly gain in three due to global shipping constraints and robust demand.The overall index, which factors in rates for capesize…
Hurricane Ida damaged a Louisiana grain export elevator owned by global grain trader Cargill Inc and disrupted export operations at the busiest bulk grain export facilities in the United States on Monday.Cargill said its Reserve, Louisiana, terminal…
Methanol-to-hydrogen generator technology company e1 Marine announced it has appointed Maite Klarup as its commercial director.Tapped to lead the implementation of e1 Marine’s commercial strategy, Klarup brings to the role more than 20 years of leadership experience from her time at BIMCO…
