Wärtsilä Voyage has signed a Memorandum of Understanding (MoU) with the Maritime and Port Authority of Singapore (MPA) to further strengthen their collaboration in smart port innovation and digitalization. The main objectives of this strategic partnership are to initiate…
BAE Systems launched its next-generation power and propulsion system for the marine market: the HybriGen Power and Propulsion system. According to the company, the system uses smaller and lighter components with modular accessory power system…
A fish-farming superyacht developed by Ocean Ark Tech of Chile (OATECH) and its strategic ally, London-based Ocean Sovereign, is one step closer to delivering fish to market after winning a key approval from marine classification society, RINA…
Great Lakes Dredge & Dock Corporation announced it has signed a $92.5 million dredging contract for the Houston Ship Channel Widening and Improvement Project 11. This is the first phase of the extensive, multi-phase Houston Ship Channel billion-dollar expansion and deepening program…
Busan New Container Terminal (BCNT) currently operates a fleet of 36 Konecranes Noell Sprinter Carriers and is ordering six more to support a growing business. Like their predecessors, the Sprinter Carriers on order will have a critical role…
NYK conducts third successful biofuel trial on ship carrying Tata Steel cargoThe bulk carrier Frontier Sky, which is owned by NYK and operated by Tata NYK Shipping Pte. Ltd., conducted a trial use of biofuel to transport cargo provided by Tata Steel Limited…
Global eCommerce furniture company Zinus signed a Memorandum of Understanding with container shipping company Maersk to become its preferred global integrator of logistics.Under the MOU, the two parties expressed their intent for Maersk to provide a stable supply of shipping containers in 2022…
Energy manufacturing and logistics company Phillips 66 announced it plans to convert its Alliance Refinery in Belle Chasse, La., to a terminal facility. The conversion is expected to take place in 2022.“We made this decision after exploring…
The American Waterways Operators, a trade group representing the U.S. tugboat, towboat and barge industry, said it applauds the passage of the bipartisan infrastructure bill, H.R. 3684, signed into law by President Joe Biden earlier this week…
The White House on Wednesday lauded improvements in clogged U.S. supply chains, with more goods moving than ever before, but said more work was needed to ensure fair competition in a global shipping sector dominated by three alliances of ocean carriers…
Liebherr Container Cranes Ltd. said it has secured a contract to supply shore container cranes (STS) and rubber tire gantry cranes (RTG) to the Port of Duqm. The order of four STS and twelve RTGs will be delivered to Oman in late 2022.The Port…
U.S.-based dry bulk shipping company Eagle Bulk Shipping on Thursday announced ithas appointed Costa Tsoutsoplides to the newly created chief strategy officer position. In this role, Tsoutsoplides will have broad responsibilities in developing…
Plaquemines Port, Harbor and Terminal District (PPHTD) and APM Terminals have announced a Letter of Intent whereby APM Terminals will become the operator of the newly planned Container Terminal and Intermodal Rail Facility and external parties will be the investor in the new port…
A surge in container shipping rates poses a threat to the global economic recovery, with small countries dependent on deliveries by sea expected to be hardest hit by a spike in import prices, U.N. agency UNCTAD said on Thursday.A surge in demand…
The shipping industry may face unexpected risks from labor negotiations in western U.S. ports and winter weather in the northern hemisphere over the next few months, the head of German container firm Hapag-Lloyd said on Thursday.'Winter can have a significant impact on shipping…
